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Backblaze (BLZE) Operating Leases (2022 - 2025)

Backblaze has reported Operating Leases over the past 4 years, most recently at $26.2 million for Q3 2025.

  • Quarterly results put Operating Leases at $26.2 million for Q3 2025, up 60.91% from a year ago — trailing twelve months through Sep 2025 was $26.2 million (up 60.91% YoY), and the annual figure for FY2024 was $12.8 million, up 57.58%.
  • Operating Leases for Q3 2025 was $26.2 million at Backblaze, up from $22.2 million in the prior quarter.
  • Over the last five years, Operating Leases for BLZE hit a ceiling of $26.2 million in Q3 2025 and a floor of $3.2 million in Q1 2022.
  • Median Operating Leases over the past 4 years was $8.0 million (2024), compared with a mean of $10.2 million.
  • Biggest five-year swings in Operating Leases: grew 3.21% in 2023 and later skyrocketed 193.22% in 2025.
  • Backblaze's Operating Leases stood at $5.0 million in 2022, then soared by 61.98% to $8.2 million in 2023, then skyrocketed by 57.58% to $12.8 million in 2024, then soared by 104.15% to $26.2 million in 2025.
  • The last three reported values for Operating Leases were $26.2 million (Q3 2025), $22.2 million (Q2 2025), and $11.8 million (Q1 2025) per Business Quant data.