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Backblaze (BLZE) Research & Development (2020 - 2025)

Backblaze (BLZE) has 6 years of Research & Development data on record, last reported at $11.2 million in Q3 2025.

  • For Q3 2025, Research & Development rose 4.67% year-over-year to $11.2 million; the TTM value through Sep 2025 reached $47.0 million, up 18.98%, while the annual FY2024 figure was $42.1 million, 6.5% up from the prior year.
  • Research & Development reached $11.2 million in Q3 2025 per BLZE's latest filing, down from $11.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $12.0 million in Q4 2024 and bottomed at $4.3 million in Q1 2021.
  • Average Research & Development over 5 years is $9.0 million, with a median of $9.6 million recorded in 2024.
  • Peak YoY movement for Research & Development: surged 86.02% in 2022, then decreased 7.47% in 2024.
  • A 5-year view of Research & Development shows it stood at $6.2 million in 2021, then surged by 38.44% to $8.6 million in 2022, then rose by 9.47% to $9.4 million in 2023, then rose by 27.56% to $12.0 million in 2024, then fell by 6.6% to $11.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $11.2 million in Q3 2025, $11.9 million in Q2 2025, and $11.9 million in Q1 2025.