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.

• On a quarterly basis, Tax Rate fell 85.0% year-over-year to 0.91% in Q1 2025; TTM through Sep 2025 was 0.24%, a 23.0% decrease from a year earlier, with the FY2024 full-year figure at 0.01%, changed N/A from the prior year.
• Tax Rate declined to 0.91% in Q1 2025 per BLZE's latest filing, from 0.05% in the prior quarter.
• Across five years, Tax Rate topped out at 0.41% in Q4 2021 and bottomed at 5.96% in Q2 2021.
• The 4-year median for Tax Rate is 0.05% (2024), against an average of 0.88%.
• Across the five-year window, Tax Rate surged 628 bps in 2022 and tumbled 85 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 0.41% in 2021, then plunged by 150 bps to 0.21% in 2022, then jumped by 74 bps to 0.05% in 2024, then plunged by 1574 bps to 0.91% in 2025.
• Per Business Quant, the three latest BLZE Tax Rate figures stand at 0.91% (Q1 2025), 0.05% (Q1 2024), and 0.21% (Q4 2022).