Backblaze (BLZE) Shares Outstanding (Entity) (2020 - 2025)
Backblaze (BLZE) recorded Shares Outstanding (Entity) of 57.7 million in Q3 2025, up 30.0% from 44.4 million a year earlier and up 2.1% from the prior quarter.
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Analysis
Backblaze (BLZE) Shares Outstanding (Entity) (2020 - 2025) Analysis & Trends
For FY2024, Backblaze reported Shares Outstanding (Entity) of 43.54 million, up 5.7% from FY2023.
- Annual Shares Outstanding (Entity) has increased for four straight years, with a four-year compound annual growth rate of 9.5% (FY2020 to FY2024).
- Across earlier years, Shares Outstanding (Entity) came in at 41.2 million in FY2023 (+23.4%), 33.39 million in FY2022 (+9.9%), 30.38 million in FY2021 (+0.3%) and 30.3 million in FY2020.
- The Q3 2025 figure is the highest quarterly Shares Outstanding (Entity) in data going back to Q3 2020.
- On a year-over-year basis, Shares Outstanding (Entity) has increased for four consecutive quarters, with growth averaging 19.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Entity) in the last five years was growth of 45.5% in Q3 2023, against a decline of 5.9% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 56.5 million (Q2 2025), 54.9 million (Q1 2025) and 43.54 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 7.43 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 942.13 Mn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | 322.18 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 98.67 Mn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | 551.00 Mn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | 90.40 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | 270.57 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 143.59 Mn |
| 10 | Backblaze | 807.22 Mn | 601.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 57.70 Mn |
| Jun 30, 2025 | 56.50 Mn |
| Mar 31, 2025 | 54.90 Mn |
| Dec 31, 2024 | 43.54 Mn |
| Sep 30, 2024 | 44.40 Mn |
| Jun 30, 2024 | 42.90 Mn |
| Mar 31, 2024 | 41.50 Mn |
| Dec 31, 2023 | 41.20 Mn |
| Sep 30, 2023 | 47.19 Mn |
| Jun 30, 2023 | 36.10 Mn |
| Mar 31, 2023 | 34.52 Mn |
| Dec 31, 2022 | 33.39 Mn |
| Sep 30, 2022 | 32.44 Mn |
| Jun 30, 2022 | 31.63 Mn |
| Mar 31, 2022 | 30.81 Mn |
| Dec 31, 2021 | 30.38 Mn |
| Sep 30, 2021 | 30.30 Mn |
| Jun 30, 2021 | 30.30 Mn |
| Mar 31, 2021 | 30.30 Mn |
| Dec 31, 2020 | 30.30 Mn |
API Access
Backblaze Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();