Backblaze (BLZE) Return on Assets [ROA] (2021 - 2025)
Backblaze (BLZE) posted Return on Assets [ROA] of -18.31% for Q3 2025, up 16.81 percentage points from -35.12% a year earlier and up 6.14 percentage points from the prior quarter.
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Analysis
Backblaze (BLZE) Return on Assets [ROA] (2021 - 2025) Analysis & Trends
For FY2024, Backblaze's Return on Assets [ROA] came in at -32.33%, up 9.70 percentage points from FY2023.
- Annual Return on Assets [ROA] shows a three-year change of -12.42 percentage points (FY2021 to FY2024).
- In prior years, Backblaze's Return on Assets [ROA] was -42.03% in FY2023 (-9.50 pp), -32.53% in FY2022 (-12.62 pp) and -19.91% in FY2021.
- The Q3 2025 figure stands as the highest quarterly Return on Assets [ROA] in data going back to Q4 2021.
- On a year-over-year basis, Return on Assets [ROA] has increased in each of the last six quarters, with an average year-over-year change of +7.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q3 2025, with a gain of 16.81 percentage points; the weakest was Q1 2023, with a drop of 19.27 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was -24.45% (Q2 2025), -27.63% (Q1 2025) and -31.84% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 18.42% |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 6.96% |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | -3.26% |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 3.73% |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | 0.25% |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | -2.91% |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | 54.84% |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | 35.49% |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 3.08% |
| 10 | Backblaze | 807.22 Mn | 601.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -18.31% |
| Jun 30, 2025 | -24.45% |
| Mar 31, 2025 | -27.63% |
| Dec 31, 2024 | -31.84% |
| Sep 30, 2024 | -35.12% |
| Jun 30, 2024 | -38.25% |
| Mar 31, 2024 | -40.71% |
| Dec 31, 2023 | -44.82% |
| Sep 30, 2023 | -46.04% |
| Jun 30, 2023 | -42.34% |
| Mar 31, 2023 | -37.90% |
| Dec 31, 2022 | -33.23% |
| Sep 30, 2022 | -29.31% |
| Jun 30, 2022 | -24.46% |
| Mar 31, 2022 | -18.64% |
| Dec 31, 2021 | -19.38% |
API Access
Backblaze Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "BLZE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();