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

Backblaze's Research & Development history runs 6 years deep, the most recent figure standing at $9.0 million for Q3 2025.

• On a quarterly basis, Research & Development fell 16.19% year-over-year to $9.0 million in Q3 2025; TTM through Sep 2025 was $42.1 million, a 1.3% decrease from a year earlier, with the FY2024 full-year figure at $42.1 million, up 2.01% from the prior year.
• Research & Development slipped to $9.0 million in Q3 2025 per BLZE's latest filing, from $11.9 million in the prior quarter.
• Across five years, Research & Development topped out at $11.9 million in Q2 2025 and bottomed at $4.3 million in Q1 2021.
• The 5-year median for Research & Development is $9.4 million (2024), against an average of $8.9 million.
• Across the five-year window, Research & Development jumped 86.02% in 2022 and dropped 16.21% in 2024, its largest moves.
• Year by year, Research & Development stood at $7.4 million in 2021, then gained by 16.61% to $8.6 million in 2022, then climbed by 29.71% to $11.2 million in 2023, then retreated by 16.21% to $9.4 million in 2024, then dropped by 3.91% to $9.0 million in 2025.
• Per Business Quant, the three latest BLZE Research & Development figures stand at $9.0 million (Q3 2025), $11.9 million (Q2 2025), and $11.9 million (Q1 2025).