Backblaze (BLZE) Total Debt (2020 - 2025)
Backblaze (BLZE) posted quarterly Total Debt of $2.5 million for Q3 2025, down 47.59% year-over-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.
- 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 for Q3 2025 stood at $2.5 million, down from $4.7 million in the prior quarter.
- The five-year high for Total Debt was $7.8 million in Q2 2023, with the low 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.
- The sharpest annual moves came in 2023 and 2025: Total Debt surged 139.01% in 2023, then plunged 47.59% in 2025.
- Backblaze's Total Debt stood at $4.3 million in 2022, then slipped by 4.13% to $4.1 million in 2023, then climbed by 13.42% to $4.7 million in 2024, then tumbled by 47.59% to $2.5 million in 2025.
- Business Quant data shows BLZE's Total Debt at $2.5 million in Q3 2025, $4.7 million in Q3 2024, and $4.7 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 40.29 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 122.34 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 160.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 496.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 1.29 Bn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 10.07 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 3.66 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 6.29 Bn |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
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 |