Backblaze (BLZE) Shares Outstanding (Diluted Average) (2020 - 2025)
Backblaze (BLZE) recorded quarterly Shares Outstanding (Diluted Average) of $57.0 million in Q3 2025, up 2.43% quarter-over-quarter from $55.6 million in Q2 2025, and up 30.94% on a YoY basis from $43.5 million in Q3 2024.
Backblaze (BLZE) Shares Outstanding (Diluted Average) (2020 - 2025) Analysis & Trends
Backblaze's Shares Outstanding (Diluted Average) history runs 6 years deep, the most recent figure standing at $57.0 million for Q3 2025.
- In Q3 2025, Shares Outstanding (Diluted Average) rose 30.94% year-over-year to $57.0 million; the TTM figure through Sep 2025 stood at $57.0 million (up 30.94% YoY), while the FY2024 annual figure was $43.5 million, up 20.91% from the prior year.
- Shares Outstanding (Diluted Average) was $57.0 million for Q3 2025 at Backblaze, up from $55.6 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $57.0 million in Q3 2025 to a low of $18.7 million in Q1 2021.
- Historically, Shares Outstanding (Diluted Average) has averaged $35.6 million across 5 years, with a median of $35.1 million in 2023.
- The sharpest annual moves came in 2021 and 2022: Shares Outstanding (Diluted Average) grew 0.9% in 2021, then surged 66.41% in 2022.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $20.3 million in 2021, then soared by 55.62% to $31.7 million in 2022, then increased by 13.74% to $36.0 million in 2023, then climbed by 20.91% to $43.5 million in 2024, then surged by 30.85% to $57.0 million in 2025.
- The last three Shares Outstanding (Diluted Average) figures came in at $57.0 million (Q3 2025), $55.6 million (Q2 2025), and $54.1 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | - |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 10.00 |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 2.57 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 713.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 250.58 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 742.80 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 190.76 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 352.63 Mn |
| 10 | Backblaze | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 56.98 Mn |
| Jun 30, 2025 | 55.63 Mn |
| Mar 31, 2025 | 54.06 Mn |
| Dec 31, 2024 | 43.54 Mn |
| Sep 30, 2024 | 43.52 Mn |
| Jun 30, 2024 | 41.19 Mn |
| Mar 31, 2024 | 40.23 Mn |
| Dec 31, 2023 | 36.01 Mn |
| Sep 30, 2023 | 35.26 Mn |
| Jun 30, 2023 | 35.15 Mn |
| Mar 31, 2023 | 33.92 Mn |
| Dec 31, 2022 | 31.66 Mn |
| Sep 30, 2022 | 31.25 Mn |
| Jun 30, 2022 | 30.86 Mn |
| Mar 31, 2022 | 30.54 Mn |
| Dec 31, 2021 | 20.35 Mn |
| Sep 30, 2021 | 18.78 Mn |
| Jun 30, 2021 | 18.71 Mn |
| Mar 31, 2021 | 18.68 Mn |
| Dec 31, 2020 | 18.61 Mn |