Backblaze (BLZE) Return on Equity (2021 - 2025)

Backblaze's Return on Equity history runs 5 years deep, the most recent figure standing at 0.0% for Q4 2025.

• In Q4 2025, Return on Equity rose 1.0% year-over-year to 0.0%; the TTM figure through Dec 2025 stood at 0.0% (up 1.0% YoY), while the FY2024 annual figure was 0.01%, changed 0.0% from the prior year.
• Return on Equity was 0.0% for Q4 2025 at Backblaze, up from 0.0% in the prior quarter.
• In the past five years, Return on Equity ranged from a high of 0.01% in Q3 2021 to a low of 0.01% in Q4 2023.
• Historically, Return on Equity has averaged 0.01% across 5 years, with a median of 0.01% in 2025.
• The sharpest annual moves came in 2022 and 2025: Return on Equity fell 2 bps in 2022, then gained 1 bps in 2025.
• A 5-year view of Return on Equity shows it stood at 0.01% in 2021, then tumbled by 31 bps to 0.01% in 2022, then slumped by 83 bps to 0.01% in 2023, then soared by 38 bps to 0.01% in 2024, then jumped by 70 bps to 0.0% in 2025.
• The last three Return on Equity figures came in at 0.0% (Q4 2025), 0.0% (Q3 2025), and 0.01% (Q2 2025), per Business Quant data.