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Backblaze (BLZE) Operating Expenses (2020 - 2025)

Backblaze's Operating Expenses history spans 6 years, with the latest figure at $26.4 million for Q3 2025.

  • Quarterly Operating Expenses fell 12.02% to $26.4 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $84.2 million through Dec 2025, down 27.2% year-over-year, with the annual reading at $115.6 million for FY2024, 7.3% up from the prior year.
  • Operating Expenses came in at $26.4 million for Q3 2025, down from $29.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $32.3 million in Q4 2024 to a low of $10.3 million in Q1 2021.
  • The 5-year median for Operating Expenses is $26.3 million (2024), against an average of $23.8 million.
  • Year-over-year, Operating Expenses soared 108.74% in 2022 and then decreased 12.02% in 2025.
  • Backblaze's Operating Expenses stood at $17.4 million in 2021, then soared by 45.03% to $25.3 million in 2022, then rose by 5.77% to $26.7 million in 2023, then rose by 20.84% to $32.3 million in 2024, then fell by 18.23% to $26.4 million in 2025.
  • Per Business Quant, the three most recent readings for BLZE's Operating Expenses are $26.4 million (Q3 2025), $29.8 million (Q2 2025), and $28.0 million (Q1 2025).