Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
1.630
-0.320 (-16.41%)
At close: Aug 7, 2026, 4:00 PM EDT
1.640
+0.010 (0.61%)
After-hours: Aug 7, 2026, 7:48 PM EDT

Blend Labs Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
129.97123.59115.76109.55235.2234.5
Revenue Growth
6.80%6.76%5.67%-53.42%0.30%144.19%
Gross Profit
97.1591.1783.2276.4689.65115.99
Operating Income
-16.06-21.74-48.85-143.61-746.18-197.24
Net Income
-10.91-25.89-60.48-185.32-768.61-171.34
Earnings Per Share
-0.09-0.10-0.24-0.76-3.28-1.30
EPS Growth
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Cash & Debt

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
000145.32227.89228.45
Net Cash (Debt)
44.8768.3294.24-8.39126.26318.78
Net Cash Growth
-49.19%-27.51%---60.39%131.47%
Net Cash Per Share
0.180.260.37-0.030.542.42

Cash Flow & CapEx

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
-5.22-11.59-9.74-0.04-2.07-1.89
Free Cash Flow
7.96-0.08-22.79-127.66-192.49-129.39
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
74.75%73.77%71.89%69.79%38.12%49.46%
Operating Margin
-12.35%-17.59%-42.19%-131.09%-317.25%-84.11%
Pretax Margin
9.57%-0.71%-36.84%-152.80%-325.70%-88.71%
Profit Margin
1.42%-0.91%-36.94%-152.88%-324.75%-72.13%
FCF Margin
6.13%-0.07%-19.68%-116.53%-81.84%-55.18%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
22.7331.4474.51---
PS Ratio
3.046.309.395.821.487.21