Backblaze (BLZE) Return on Invested Capital (2021 - 2025)

Backblaze's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 0.0% for Q3 2025.

• In Q3 2025, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the TTM figure through Sep 2025 stood at 0.0% (changed 0.0% YoY), while the FY2024 annual figure was 0.01%, changed N/A from the prior year.
• Return on Invested Capital was 0.0% for Q3 2025 at Backblaze, up from 0.0% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q3 2021 to a low of 0.01% in Q3 2023.
• Historically, Return on Invested Capital has averaged 0.0% across 5 years, with a median of 0.01% in 2022.
• Biggest YoY gain for Return on Invested Capital was 0 bps in 2022; the steepest drop was 2 bps in 2022.
• A 5-year view of Return on Invested Capital shows it stood at 0.0% in 2021, then slumped by 46 bps to 0.01% in 2022, then sank by 70 bps to 0.01% in 2023, then soared by 51 bps to 0.01% in 2024, then jumped by 47 bps to 0.0% in 2025.
• The last three Return on Invested Capital figures came in at 0.0% (Q3 2025), 0.0% (Q2 2025), and 0.0% (Q1 2025), per Business Quant data.