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Backblaze (BLZE) Operating Expenses: 2020-2024

Historic Operating Expenses for Backblaze (BLZE) over the last 5 years, with Dec 2024 value amounting to $115.6 million.

  • Backblaze's Operating Expenses fell 12.02% to $26.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $116.6 million, marking a year-over-year increase of 5.94%. This contributed to the annual value of $115.6 million for FY2024, which is 7.30% up from last year.
  • As of FY2024, Backblaze's Operating Expenses stood at $115.6 million, which was up 7.30% from $107.8 million recorded in FY2023.
  • In the past 5 years, Backblaze's Operating Expenses ranged from a high of $115.6 million in FY2024 and a low of $31.7 million during FY2020.
  • In the last 3 years, Backblaze's Operating Expenses had a median value of $107.8 million in 2023 and averaged $105.1 million.
  • Data for Backblaze's Operating Expenses shows a peak YoY surged of 73.10% (in 2022) over the last 5 years.
  • Yearly analysis of 5 years shows Backblaze's Operating Expenses stood at $31.7 million in 2020, then surged by 67.54% to $53.1 million in 2021, then surged by 73.10% to $92.0 million in 2022, then climbed by 17.16% to $107.8 million in 2023, then climbed by 7.30% to $115.6 million in 2024.