Backblaze (BLZE) Operating Leases (2022 - 2025)
Backblaze's (BLZE) quarterly Operating Leases came in at $20.2 million in Q4 2025, up 57.01% year-on-year from $12.8 million in Q4 2024, and down 5.09% quarter-over-quarter from $21.2 million in Q3 2025.
Backblaze (BLZE) Operating Leases (2022 - 2025) Analysis & Trends
Backblaze's Operating Leases history runs 4 years deep, the most recent figure standing at $20.2 million for Q4 2025.
- On a quarterly basis, Operating Leases rose 57.01% year-over-year to $20.2 million in Q4 2025; TTM through Dec 2025 was $20.2 million, a 57.01% increase from a year earlier, with the FY2025 full-year figure at $20.2 million, up 57.01% from the prior year.
- Operating Leases slipped to $20.2 million in Q4 2025 per BLZE's latest filing, from $21.2 million in the prior quarter.
- Across five years, Operating Leases topped out at $22.2 million in Q2 2025 and bottomed at $2.9 million in Q3 2022.
- The 4-year median for Operating Leases is $8.7 million (2023), against an average of $10.0 million.
- Across the five-year window, Operating Leases surged 267.44% in 2023 and advanced 18.31% in 2024, its largest moves.
- Year by year, Operating Leases stood at $5.0 million in 2022, then surged by 61.98% to $8.2 million in 2023, then soared by 57.58% to $12.8 million in 2024, then surged by 57.01% to $20.2 million in 2025.
- Per Business Quant, the three latest BLZE Operating Leases figures stand at $20.2 million (Q4 2025), $21.2 million (Q3 2025), and $22.2 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn |
| 10 | Backblaze | 664.36 Mn | 612.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.17 Mn |
| Sep 30, 2025 | 21.25 Mn |
| Jun 30, 2025 | 22.20 Mn |
| Mar 31, 2025 | 11.83 Mn |
| Dec 31, 2024 | 12.84 Mn |
| Sep 30, 2024 | 12.44 Mn |
| Jun 30, 2024 | 9.24 Mn |
| Mar 31, 2024 | 7.95 Mn |
| Dec 31, 2023 | 8.15 Mn |
| Sep 30, 2023 | 10.52 Mn |
| Jun 30, 2023 | 4.36 Mn |
| Mar 31, 2023 | 4.75 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Sep 30, 2022 | 2.86 Mn |
| Jun 30, 2022 | 2.94 Mn |
| Mar 31, 2022 | 3.17 Mn |