Blend Labs Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	43.58	38.01	30.96	124.2	213.08
Short-Term Investments	24.74	56.23	105.96	229.95	334.15
Cash & Short-Term Investments	68.32	94.24	136.92	354.15	547.23
Cash Growth	-27.51%	-31.17%	-61.34%	-35.28%	260.68%
Accounts Receivable	8.79	14.66	18.35	22.72	34.08
Other Current Assets	20.76	26.34	14.57	19.23	31.71
Total Current Assets	97.86	135.24	169.84	396.1	613.02
Net Property, Plant & Equipment	24.39	12.01	12.51	17.41	20.87
Other Intangible Assets	-	-	2.11	2.13	173.01
Goodwill	-	-	-	-	287.23
Other Long-Term Assets	47.79	30.83	21.61	17.13	18.36
Total Assets	170.05	178.09	206.07	432.76	1,112
Accounts Payable	1.83	1.62	2.17	1.26	6.16
Accrued Expenses	4.56	3.32	5.56	10.06	18.14
Unearned Revenue	19.39	19.24	8.98	8.7	8.07
Other Current Liabilities	13.69	14.85	14.86	15.46	27.66
Total Current Liabilities	39.45	39.02	31.57	35.47	60.03
Long-Term Debt	-	-	138.33	216.8	213.84
Long-Term Leases	-	-	6.98	11.09	14.61
Other Long-Term Liabilities	1.57	1.38	2.23	5.48	13.42
Total Long-Term Liabilities	1.57	1.38	147.54	233.37	241.87
Total Liabilities	41.02	40.4	179.12	268.84	301.9
Common Stock	0	0	0	0	0
Additional Paid-in Capital	1,361	1,328	1,322	1,287	1,218
Accumulated Other Comprehensive Income	0.6	0.6	0.44	-0.71	-0.81
Retained Earnings	-1,392	-1,385	-1,342	-1,163	-442.77
Total Common Shareholders' Equity	-30.47	-56.36	-19.24	123.17	774.64
Minority Interest	159.5	194.04	46.19	40.75	35.95
Shareholders' Equity	129.02	137.68	26.95	163.92	810.59
Total Liabilities & Equity	170.05	178.09	206.07	432.76	1,112
Total Debt	0	0	145.32	227.89	228.45
Net Cash (Debt)	68.32	94.24	-8.39	126.26	318.78
Net Cash Growth	-27.51%	-	-	-60.39%	131.47%
Net Cash Per Share	0.26	0.37	-0.03	0.54	2.42
Book Value	-30.47	-56.36	-19.24	123.17	774.64
Book Value Per Share	-0.12	-0.22	-0.08	0.53	5.87
Tangible Book Value	-30.47	-56.36	-21.35	121.05	314.41
Tangible Book Value Per Share	-0.12	-0.22	-0.09	0.52	2.38

Updated Mar 10, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q