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

Backblaze's Research & Development history spans 6 years, with the latest figure at $11.2 million for Q3 2025.

  • Quarterly Research & Development rose 4.67% to $11.2 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $47.0 million through Sep 2025, up 18.98% year-over-year, with the annual reading at $42.1 million for FY2024, 6.5% up from the prior year.
  • Research & Development came in at $11.2 million for Q3 2025, down from $11.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $12.0 million in Q4 2024 to a low of $4.3 million in Q1 2021.
  • The 5-year median for Research & Development is $9.6 million (2024), against an average of $9.0 million.
  • Year-over-year, Research & Development skyrocketed 86.02% in 2022 and then dropped 7.47% in 2024.
  • Backblaze's Research & Development stood at $6.2 million in 2021, then skyrocketed by 38.44% to $8.6 million in 2022, then increased by 9.47% to $9.4 million in 2023, then increased by 27.56% to $12.0 million in 2024, then decreased by 6.6% to $11.2 million in 2025.
  • Per Business Quant, the three most recent readings for BLZE's Research & Development are $11.2 million (Q3 2025), $11.9 million (Q2 2025), and $11.9 million (Q1 2025).