Backblaze annual return on equity
2021
2022
2023
2024
2025
Backblaze Return on Equity (ROE) Growth & History (BLZE)
Backblaze's return on equity was −31.85% for fiscal 2025.
View full Backblaze company overviewBackblaze annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −31.85% | +47.35 pp |
| 2024 | 2024-12-31 | −79.20% | +25.85 pp |
| 2023 | 2023-12-31 | −105.05% | −42.46 pp |
| 2022 | 2022-12-31 | −62.59% | −13.62 pp |
| 2021 | 2021-12-31 | −48.97% | — |
Backblaze quarterly return on equity
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −5.88% | +3.14 pp |
| Q1 2026 | 2026-03-31 | −7.32% | +4.68 pp |
| Q4 2025 | 2025-12-31 | −6.52% | +17.35 pp |
| Q3 2025 | 2025-09-30 | −4.65% | +24.36 pp |
| Q2 2025 | 2025-06-30 | −9.02% | +13.34 pp |
| Q1 2025 | 2025-03-31 | −12.00% | +11.93 pp |
| Q4 2024 | 2024-12-31 | −23.87% | +2.58 pp |
| Q3 2024 | 2024-09-30 | −29.01% | +2.61 pp |
| Q2 2024 | 2024-06-30 | −22.36% | +2.63 pp |
| Q1 2024 | 2024-03-31 | −23.93% | +2.54 pp |
| Q4 2023 | 2023-12-31 | −26.45% | −6.50 pp |
| Q3 2023 | 2023-09-30 | −31.62% | −15.57 pp |
| Q2 2023 | 2023-06-30 | −24.99% | −11.41 pp |
| Q1 2023 | 2023-03-31 | −26.47% | −12.78 pp |
| Q4 2022 | 2022-12-31 | −19.95% | +3.89 pp |
| Q3 2022 | 2022-09-30 | −16.05% | — |
| Q2 2022 | 2022-06-30 | −13.57% | — |
| Q1 2022 | 2022-03-31 | −13.69% | — |
| Q4 2021 | 2021-12-31 | −23.84% | — |
Backblaze return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Backblaze's return on equity increased from −48.97% to −31.85%, a change of +17.12 percentage points. The latest reported quarter, Q2 2026, shows −5.88%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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