BACKBLAZE, INC. (BLZE) Return on equity 2021–2025
BACKBLAZE, INC. (BLZE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-30.8%FY2025 · since FY2021: -22.7% → -30.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -30.8% | +31.7 pp |
| FY2024 | -62.5% | +70.4 pp |
| FY2023 | -132.9% | -58.1 pp |
| FY2022 | -74.8% | -52.0 pp |
| FY2021 | -22.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice