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 for Q1 2025 stood at 0.91%, down from 0.05% in the prior quarter.
• The five-year high for Tax Rate was 0.41% in Q4 2021, with the low at 5.96% in Q2 2021.
• The 4-year median for Tax Rate is 0.05% (2024), against an average of 0.88%.
• The sharpest annual moves came in 2022 and 2025: Tax Rate surged 628 bps in 2022, then slumped 85 bps in 2025.
• Backblaze's Tax Rate stood at 0.41% in 2021, then sank by 150 bps to 0.21% in 2022, then soared by 74 bps to 0.05% in 2024, then sank by 1574 bps to 0.91% in 2025.
• Business Quant data shows BLZE's Tax Rate at 0.91% in Q1 2025, 0.05% in Q1 2024, and 0.21% in Q4 2022.