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
DateValue
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