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
DateValue
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