Backblaze (BLZE) Operating Leases (2022 - 2025)

Backblaze's Operating Leases history runs 4 years deep, the most recent figure standing at $20.2 million for Q4 2025.

• In Q4 2025, Operating Leases rose 57.01% year-over-year to $20.2 million; the TTM figure through Dec 2025 stood at $20.2 million (up 57.01% YoY), while the FY2025 annual figure was $20.2 million, up 57.01% from the prior year.
• Operating Leases for Q4 2025 stood at $20.2 million, down from $26.2 million in the prior quarter.
• The five-year high for Operating Leases was $27.2 million in Q2 2025, with the low at $4.8 million in Q1 2023.
• The 4-year median for Operating Leases is $8.7 million (2023), against an average of $11.3 million.
• The sharpest annual moves came in 2023 and 2025: Operating Leases slipped 7.11% in 2023, then surged 194.08% in 2025.
• Backblaze's Operating Leases stood at $5.0 million in 2022, then jumped by 61.98% to $8.2 million in 2023, then surged by 57.58% to $12.8 million in 2024, then jumped by 57.01% to $20.2 million in 2025.
• Business Quant data shows BLZE's Operating Leases at $20.2 million in Q4 2025, $26.2 million in Q3 2025, and $27.2 million in Q2 2025.