Backblaze (BLZE) Total Debt (2020 - 2025)
Backblaze's (BLZE) quarterly Total Debt came in at $2.5 million in Q3 2025, down 47.59% year-on-year from $4.7 million in Q3 2024, and down 47.59% quarter-over-quarter 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.
- On a quarterly basis, Total Debt fell 47.59% year-over-year to $2.5 million in Q3 2025; TTM through Sep 2025 was $2.5 million, a 47.59% decrease from a year earlier, with the FY2023 full-year figure at $4.1 million, down 4.13% from the prior year.
- Total Debt declined to $2.5 million in Q3 2025 per BLZE's latest filing, from $4.7 million in the prior quarter.
- Across five years, Total Debt topped out at $7.8 million in Q2 2023 and bottomed at $2.5 million in Q3 2025.
- The 4-year median for Total Debt is $4.7 million (2024), against an average of $4.9 million.
- Across the five-year window, Total Debt surged 139.01% in 2023 and sank 47.59% in 2025, its largest moves.
- Year by year, Total Debt 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 slumped by 47.59% to $2.5 million in 2025.
- Per Business Quant, the three latest BLZE Total Debt figures stand at $2.5 million (Q3 2025), $4.7 million (Q3 2024), and $4.7 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 40.26 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 439.29 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 122.34 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 426.54 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 745.47 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 496.80 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 1.29 Bn |
| 10 | Backblaze | 664.36 Mn | 612.98 Mn | - | - |
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 |