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Backblaze (BLZE) Research & Development: 2020-2025

Historic Research & Development for Backblaze (BLZE) over the last 5 years, with Sep 2025 value amounting to $11.2 million.

  • Backblaze's Research & Development rose 4.67% 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 18.98%. This contributed to the annual value of $42.1 million for FY2024, which is 6.50% up from last year.
  • As of Q3 2025, Backblaze's Research & Development stood at $11.2 million, which was down 5.41% from $11.9 million recorded in Q2 2025.
  • In the past 5 years, Backblaze's Research & Development ranged from a high of $12.0 million in Q4 2024 and a low of $4.3 million during Q1 2021.
  • Its 3-year average for Research & Development is $10.6 million, with a median of $10.5 million in 2023.
  • As far as peak fluctuations go, Backblaze's Research & Development spiked by 86.02% in 2022, and later fell by 7.47% in 2024.
  • Quarterly analysis of 5 years shows Backblaze's Research & Development stood at $6.2 million in 2021, then spiked 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 rose by 4.67% to $11.2 million in 2025.
  • Its Research & Development was $11.2 million in Q3 2025, compared to $11.9 million in Q2 2025 and $11.9 million in Q1 2025.