Growth Metrics

Backblaze (BLZE) Operating Expenses (2020 - 2025)

Backblaze (BLZE) has 6 years of Operating Expenses data on record, last reported at $26.4 million in Q3 2025.

  • For Q3 2025, Operating Expenses fell 12.02% year-over-year to $26.4 million; the TTM value through Sep 2025 reached $116.6 million, up 5.94%, while the annual FY2024 figure was $115.6 million, 7.3% up from the prior year.
  • Operating Expenses reached $26.4 million in Q3 2025 per BLZE's latest filing, down from $29.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $32.3 million in Q4 2024 and bottomed at $10.3 million in Q1 2021.
  • Average Operating Expenses over 5 years is $23.8 million, with a median of $26.3 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 578.79% in 2021, then fell 12.02% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $17.4 million in 2021, then skyrocketed by 45.03% to $25.3 million in 2022, then grew by 5.77% to $26.7 million in 2023, then grew by 20.84% to $32.3 million in 2024, then dropped by 18.23% to $26.4 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $26.4 million in Q3 2025, $29.8 million in Q2 2025, and $28.2 million in Q1 2025.