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Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
1.215
-0.085 (-6.54%)
Sep 18, 2026, 1:16 PM EDT - Market open

Blend Labs Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
129.79123.59115.76109.55235.2234.5
Revenue Growth
6.65%6.76%5.67%-53.42%0.30%144.19%
Gross Profit
97.0691.1783.2276.4689.65115.99
Operating Income
-14.78-20.86-42.96-123.55-281.22-197.24
Net Income
-18.88-25.89-60.48-185.32-768.61-171.34
Earnings Per Share
-0.07-0.10-0.24-0.76-3.28-1.30
EPS Growth
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Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
44.8768.3294.24136.92354.15547.23
Total Debt
2.041.482.66149.7231.98232.31
Net Cash (Debt)
42.8366.8491.58-12.77122.17314.92
Net Cash Growth
-50.16%-27.02%---61.21%129.37%
Net Cash Per Share
0.170.260.36-0.050.522.39

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
13.1811.51-13.04-127.62-190.42-127.5
Capital Expenditures
-5.62-11.59-9.74-0.04-2.07-1.89
Free Cash Flow
7.55-0.08-22.79-127.66-192.49-129.39
Free Cash Flow Growth
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Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
74.78%73.77%71.89%69.79%38.12%49.46%
Operating Margin
-11.38%-16.88%-37.11%-112.78%-119.57%-84.11%
Pretax Margin
2.08%-0.71%-36.84%-152.80%-325.70%-88.71%
Profit Margin
-14.55%-20.95%-52.25%-169.17%-326.79%-73.07%
FCF Margin
5.82%-0.07%-19.68%-116.53%-81.84%-55.18%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
18.9331.4474.51---
PS Ratio
2.376.399.315.781.467.20