Backblaze (BLZE) Tax Rate (2020 - 2025)

Backblaze's Tax Rate history runs 5 years deep, the most recent figure standing at 0.91% for Q1 2025.

• In Q1 2025, Tax Rate fell 85.0% year-over-year to 0.91%; the TTM figure through Sep 2025 stood at 0.24% (down 23.0% YoY), while the FY2024 annual figure was 0.01%, changed N/A from the prior year.
• Tax Rate was 0.91% for Q1 2025 at Backblaze, down from 0.05% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 0.41% in Q4 2021 to a low of 5.96% in Q2 2021.
• Historically, Tax Rate has averaged 0.88% across 4 years, with a median of 0.05% in 2024.
• The sharpest annual moves came in 2022 and 2025: Tax Rate soared 628 bps in 2022, then tumbled 85 bps in 2025.
• A 4-year view of Tax Rate shows it stood at 0.41% in 2021, then slumped by 150 bps to 0.21% in 2022, then jumped by 74 bps to 0.05% in 2024, then slumped by 1574 bps to 0.91% in 2025.
• The last three Tax Rate figures came in at 0.91% (Q1 2025), 0.05% (Q1 2024), and 0.21% (Q4 2022), per Business Quant data.