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

Backblaze has reported Research & Development over the past 6 years, most recently at $11.2 million for Q3 2025.

  • Quarterly results put Research & Development at $11.2 million for Q3 2025, up 4.67% from a year ago — trailing twelve months through Sep 2025 was $47.0 million (up 18.98% YoY), and the annual figure for FY2024 was $42.1 million, up 6.5%.
  • Research & Development for Q3 2025 was $11.2 million at Backblaze, down from $11.9 million in the prior quarter.
  • Over the last five years, Research & Development for BLZE hit a ceiling of $12.0 million in Q4 2024 and a floor of $4.3 million in Q1 2021.
  • Median Research & Development over the past 5 years was $9.6 million (2024), compared with a mean of $9.0 million.
  • Biggest five-year swings in Research & Development: skyrocketed 86.02% in 2022 and later dropped 7.47% in 2024.
  • Backblaze's Research & Development stood at $6.2 million in 2021, then soared by 38.44% to $8.6 million in 2022, then grew by 9.47% to $9.4 million in 2023, then grew by 27.56% to $12.0 million in 2024, then dropped by 6.6% to $11.2 million in 2025.
  • The last three reported values for Research & Development were $11.2 million (Q3 2025), $11.9 million (Q2 2025), and $11.9 million (Q1 2025) per Business Quant data.