Company / Return on Equity (ROE)
Backblaze, Inc. Return on Equity (ROE) History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-30.8%
FY2025
5-year range
-132.9% / -22.7%
FY2021-FY2025
Trend
+50.8%
vs FY2024
Sector context
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What the data says
Backblaze, Inc. reports negative total equity of -30.8% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-30.8% in FY2025 with a 3-year CAGR of +44.0%.
Improved from -132.9% to -30.8% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +44.0pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, return on equity (roe) increased 50.8% year-over-year.
- Peak return on equity (roe) was recorded in FY2021.
- Lowest return on equity (roe) in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score -0.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -30.8% | +50.8% |
| FY2024 | -62.5% | +53.0% |
| FY2023 | -132.9% | -77.7% |
| FY2022 | -74.8% | -228.9% |
| FY2021 | -22.7% | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 22, 2026