Backblaze (BLZE) Total Debt (2020 - 2025)
Backblaze (BLZE) recorded quarterly Total Debt of $2.5 million in Q3 2025, down 47.59% quarter-over-quarter from $4.7 million in Q3 2024, and down 47.59% on a YoY basis from $4.7 million in Q3 2024.
Backblaze (BLZE) Total Debt (2020 - 2025) Analysis & Trends
Backblaze's Total Debt history runs 5 years deep, the most recent figure standing at $2.5 million for Q3 2025.
- In Q3 2025, Total Debt fell 47.59% year-over-year to $2.5 million; the TTM figure through Sep 2025 stood at $2.5 million (down 47.59% YoY), while the FY2023 annual figure was $4.1 million, down 4.13% from the prior year.
- Total Debt was $2.5 million for Q3 2025 at Backblaze, down from $4.7 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $7.8 million in Q2 2023 to a low of $2.5 million in Q3 2025.
- Historically, Total Debt has averaged $4.9 million across 4 years, with a median of $4.7 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Total Debt soared 139.01% in 2023, then sank 47.59% in 2025.
- A 4-year view of Total Debt shows it stood at $4.3 million in 2022, then dropped by 4.13% to $4.1 million in 2023, then grew by 13.42% to $4.7 million in 2024, then plunged by 47.59% to $2.5 million in 2025.
- The last three Total Debt figures came in at $2.5 million (Q3 2025), $4.7 million (Q3 2024), and $4.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 40.26 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 124.72 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 745.47 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 496.80 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 10.04 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 1.29 Bn |
| 10 | Backblaze | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2.45 Mn |
| Sep 30, 2024 | 4.68 Mn |
| Jun 30, 2024 | 4.68 Mn |
| Mar 31, 2024 | 4.68 Mn |
| Dec 31, 2023 | 4.13 Mn |
| Sep 30, 2023 | 6.08 Mn |
| Jun 30, 2023 | 7.83 Mn |
| Mar 31, 2023 | 7.30 Mn |
| Dec 31, 2022 | 4.31 Mn |
| Sep 30, 2022 | 2.54 Mn |
| Dec 31, 2020 | 2.27 Mn |