Backblaze (BLZE) Payables (2020 - 2024)
Backblaze (BLZE) posted quarterly Payables of $1.5 million for Q4 2024, down 26.05% year-over-year from $2.0 million in Q1 2024, and down 12.63% quarter-over-quarter from $1.7 million in Q3 2024.
Backblaze (BLZE) Payables (2020 - 2024) Analysis & Trends
Backblaze's Payables history runs 5 years deep, the most recent figure standing at $1.5 million for Q4 2024.
- In Q4 2024, Payables fell 26.05% year-over-year to $1.5 million; the TTM figure through Dec 2024 stood at $1.5 million (down 26.05% YoY), while the FY2024 annual figure was $1.5 million, down 26.05% from the prior year.
- Payables for Q4 2024 stood at $1.5 million, down from $1.7 million in the prior quarter.
- The five-year high for Payables was $3.4 million in Q1 2023, with the low at $1.1 million in Q2 2024.
- The 5-year median for Payables is $2.0 million (2023), against an average of $2.1 million.
- The sharpest annual moves came in 2022 and 2024: Payables soared 93.73% in 2022, then tumbled 57.01% in 2024.
- Backblaze's Payables stood at $1.7 million in 2020, then rose by 21.35% to $2.1 million in 2021, then jumped by 58.22% to $3.3 million in 2022, then sank by 39.9% to $2.0 million in 2023, then fell by 26.05% to $1.5 million in 2024.
- Business Quant data shows BLZE's Payables at $1.5 million in Q4 2024, $1.7 million in Q3 2024, and $1.1 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 42.80 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 18.18 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 504.07 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 293.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 282.50 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 127.03 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.30 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 3.63 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.46 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 1.15 Mn |
| Mar 31, 2024 | 1.44 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 1.99 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 3.35 Mn |
| Dec 31, 2022 | 3.28 Mn |
| Sep 30, 2022 | 2.72 Mn |
| Jun 30, 2022 | 1.97 Mn |
| Mar 31, 2022 | 2.53 Mn |
| Dec 31, 2021 | 2.08 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Dec 31, 2020 | 1.71 Mn |