Debt-to-equity in % of Backblaze, Inc. from Q2 2022 to Q3 2025

Taxonomy & unit: ratio: %
Description: Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary: Backblaze, Inc. quarterly Debt-to-equity history and change rate from Q2 2022 to Q3 2025.
Backblaze, Inc. Debt-to-equity for the quarter ending 30 Sep 2025 was 125%, a 35% decline year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Change (%)

Backblaze, Inc. Quarterly Debt-to-equity (%)

Period	Value	YoY Chg	Change %	Date
Q3 2025	125%	-67%	-35%	30 Sep 2025
Q2 2025	138%	-47%	-25%	30 Jun 2025
Q1 2025	148%	-27%	-15%	31 Mar 2025
Q4 2024	165%	+2.3%	+1.4%	31 Dec 2024
Q3 2024	193%	+48%	+33%	30 Sep 2024
Q2 2024	185%	+59%	+47%	30 Jun 2024
Q1 2024	175%	+63%	+56%	31 Mar 2024
Q4 2023	163%	+62%	+61%	31 Dec 2023
Q3 2023	145%	+56%	+64%	30 Sep 2023
Q2 2023	126%	+8.3%	+7.1%	30 Jun 2023
Q1 2023	112%			31 Mar 2023
Q4 2022	101%			31 Dec 2022
Q3 2022	88%			30 Sep 2022
Q2 2022	117%			30 Jun 2022

* An asterisk sign (*) next to the value indicates that the value is likely invalid.