Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
1.790
+0.070 (4.07%)
At close: May 29, 2026, 4:00 PM EDT
1.780
-0.010 (-0.56%)
After-hours: May 29, 2026, 7:24 PM EDT
Blend Labs Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 127.66 | 123.59 | 115.76 | 109.55 | 235.2 | 234.5 | |
Revenue Growth (YoY) | 7.49% | 6.76% | 5.67% | -53.42% | 0.30% | 144.19% |
Cost of Revenue | 32.09 | 32.42 | 32.54 | 33.09 | 145.55 | 118.51 |
Gross Profit | 95.57 | 91.17 | 83.22 | 76.46 | 89.65 | 115.99 |
Selling, General & Admin | 79.13 | 79.19 | 80.1 | 118.75 | 224.37 | 212.88 |
Depreciation & Amortization Expenses | - | - | - | - | 8.41 | 8.14 |
Research & Development | 34.74 | 32.84 | 46.09 | 81.26 | 138.09 | 92.22 |
Other Operating Expenses | 0.81 | 0.87 | 5.88 | 20.06 | 464.96 | - |
Total Operating Expenses | 114.68 | 112.9 | 132.07 | 220.07 | 835.83 | 313.23 |
Operating Income | -19.1 | -21.74 | -48.85 | -143.61 | -746.18 | -197.24 |
Interest Expense | - | - | -6.75 | -30.81 | -24.79 | -11.28 |
Other Non-Operating Income (Expense) | 19.78 | 20.86 | 12.94 | 7.03 | 4.92 | 0.49 |
Total Non-Operating Income (Expense) | 19.78 | 20.86 | 6.19 | -23.78 | -19.87 | -10.79 |
Pretax Income | 1.56 | -0.88 | -42.65 | -167.39 | -766.05 | -208.03 |
Provision for Income Taxes | -0.28 | -0.25 | -0.11 | -0.09 | 2.24 | 38.89 |
Net Income | -23.1 | -25.89 | -60.48 | -185.32 | -768.61 | -171.34 |
Minority Interest in Earnings | 0.38 | 1.07 | 6.19 | 5.44 | 4.8 | 2.2 |
Net Income Attributable to Preferred Dividends | 18.36 | 17.83 | 10.88 | - | - | - |
Earnings From Discontinued Operations | -5.64 | -5.86 | -0.66 | -12.4 | - | - |
Net Income to Common | -23.1 | -25.89 | -60.48 | -185.32 | -768.61 | -171.34 |
Shares Outstanding (Basic) | 258 | 259 | 254 | 245 | 234 | 132 |
Shares Outstanding (Diluted) | 260 | 259 | 254 | 245 | 234 | 132 |
Shares Change (YoY) | 1.77% | 1.98% | 3.55% | 4.72% | 77.42% | 234.93% |
EPS (Basic) | -0.08 | -0.10 | -0.24 | -0.76 | -3.28 | -1.30 |
EPS (Diluted) | -0.09 | -0.10 | -0.24 | -0.76 | -3.28 | -1.30 |
Shares Outstanding | 247.34 | 256.04 | 258.17 | 249.91 | 240.93 | 230.32 |
Free Cash Flow | -9.38 | -0.08 | -22.79 | -127.66 | -192.49 | -129.39 |
Free Cash Flow Per Share | -0.04 | -0.00 | -0.09 | -0.52 | -0.82 | -0.98 |
Gross Margin | 74.87% | 73.77% | 71.89% | 69.79% | 38.12% | 49.46% |
Operating Margin | -14.96% | -17.59% | -42.19% | -131.09% | -317.25% | -84.11% |
Profit Margin | 0.01% | -0.91% | -36.94% | -152.88% | -324.75% | -72.13% |
FCF Margin | -7.34% | -0.07% | -19.68% | -116.53% | -81.84% | -55.18% |
EBITDA | -14.89 | -18.45 | -47.51 | -142.09 | -735.41 | -186.64 |
EBITDA Margin | -11.66% | -14.93% | -41.04% | -129.71% | -312.67% | -79.59% |
EBIT | -19.1 | -21.74 | -48.85 | -143.61 | -746.18 | -197.24 |
EBIT Margin | -14.96% | -17.59% | -42.19% | -131.09% | -317.25% | -84.11% |
Effective Tax Rate | -18.11% | 28.36% | 0.26% | 0.06% | -0.29% | -18.69% |