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Backblaze (BLZE) Operating Leases (2022 - 2025)

Backblaze (BLZE) has 4 years of Operating Leases data on record, last reported at $21.2 million in Q3 2025.

  • For Q3 2025, Operating Leases rose 30.4% year-over-year to $21.2 million; the TTM value through Sep 2025 reached $21.2 million, up 30.4%, while the annual FY2024 figure was $12.8 million, 57.58% up from the prior year.
  • Operating Leases reached $21.2 million in Q3 2025 per BLZE's latest filing, down from $22.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $22.2 million in Q2 2025 and bottomed at $3.2 million in Q1 2022.
  • Average Operating Leases over 4 years is $9.7 million, with a median of $8.2 million recorded in 2023.
  • Peak YoY movement for Operating Leases: decreased 21.51% in 2023, then skyrocketed 140.28% in 2025.
  • A 4-year view of Operating Leases shows it 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 skyrocketed by 65.43% to $21.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Leases were $21.2 million in Q3 2025, $22.2 million in Q2 2025, and $11.8 million in Q1 2025.