Growth Metrics

Backblaze (BLZE) Tax Rate (2020 - 2025)

Backblaze's Tax Rate history spans 5 years, with the latest figure at 0.91% for Q1 2025.

  • Quarterly Tax Rate fell 85.0% to 0.91% in Q1 2025 from the year-ago period, while the trailing twelve-month figure was 0.24% through Sep 2025, down 23.0% year-over-year, with the annual reading at 0.01% for FY2024, N/A changed from the prior year.
  • Tax Rate came in at 0.91% for Q1 2025, 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.
  • The 4-year median for Tax Rate is 0.05% (2024), against an average of 0.88%.
  • Year-over-year, Tax Rate surged 628bps in 2022 and then crashed -85bps in 2025.
  • Backblaze's Tax Rate stood at 0.41% in 2021, then crashed by -150bps to 0.21% in 2022, then soared by 74bps to 0.05% in 2024, then plummeted by -1574bps to 0.91% in 2025.
  • Per Business Quant, the three most recent readings for BLZE's Tax Rate are 0.91% (Q1 2025), 0.05% (Q1 2024), and 0.21% (Q4 2022).