Backblaze (BLZE) Research & Development (2020 - 2025)
Historic Research & Development for Backblaze (BLZE) over the last 6 years, with Q3 2025 value amounting to $11.2 million.
- Backblaze's Research & Development rose 466.74% to $11.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $47.0 million, marking a year-over-year increase of 1898.28%. This contributed to the annual value of $42.1 million for FY2024, which is 650.44% up from last year.
- Backblaze's Research & Development amounted to $11.2 million in Q3 2025, which was up 466.74% from $11.9 million recorded in Q2 2025.
- Backblaze's Research & Development's 5-year high stood at $12.0 million during Q4 2024, with a 5-year trough of $4.3 million in Q1 2021.
- Over the past 5 years, Backblaze's median Research & Development value was $9.6 million (recorded in 2024), while the average stood at $9.0 million.
- Per our database at Business Quant, Backblaze's Research & Development surged by 8601.55% in 2022 and then crashed by 747.18% in 2024.
- Quarter analysis of 5 years shows Backblaze's Research & Development stood at $6.2 million in 2021, then soared by 38.44% to $8.6 million in 2022, then rose by 9.47% to $9.4 million in 2023, then grew by 27.56% to $12.0 million in 2024, then fell by 6.6% to $11.2 million in 2025.
- Its Research & Development stands at $11.2 million for Q3 2025, versus $11.9 million for Q2 2025 and $11.9 million for Q1 2025.