Blend Labs Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	55.02	38.01	30.96	124.2	213.08	41.09
Short-Term Investments	22.23	56.23	105.96	229.95	334.15	110.63
Cash & Short-Term Investments	77.26	94.24	136.92	354.15	547.23	151.72
Cash Growth	-33.85%	-31.17%	-61.34%	-35.28%	260.68%	19.21%
Accounts Receivable	12.2	14.66	18.35	22.72	34.08	14.98
Other Current Assets	26.53	26.34	14.57	19.23	31.71	19.44
Total Current Assets	115.99	135.24	169.84	396.1	613.02	186.15
Net Property, Plant & Equipment	24.55	12.01	12.51	17.41	20.87	17.28
Other Intangible Assets	0.07	0.08	2.11	2.13	173.01	1.21
Goodwill	-	-	-	-	287.23	-
Other Long-Term Assets	48.96	30.75	21.61	17.13	18.36	11.11
Total Assets	189.57	178.09	206.07	432.76	1,112	215.75
Accounts Payable	0.77	1.62	2.17	1.26	6.16	3.44
Accrued Expenses	4.6	3.32	5.56	10.06	18.14	9.06
Unearned Revenue	25.33	19.24	8.98	8.7	8.07	13.62
Other Current Liabilities	14.98	14.85	14.86	15.46	27.66	8.91
Total Current Liabilities	45.67	39.02	31.57	35.47	60.03	35.03
Long-Term Debt	-	-	138.33	216.8	213.84	-
Long-Term Leases	-	-	6.98	11.09	14.61	14
Other Long-Term Liabilities	1.58	1.38	2.23	5.48	13.42	3.38
Total Long-Term Liabilities	1.58	1.38	147.54	233.37	241.87	17.38
Total Liabilities	47.25	40.4	179.12	268.84	301.9	52.41
Preferred Stock	-	-	-	-	-	385.23
Common Stock	0	0	0	0	0	0
Additional Paid-in Capital	1,375	1,328	1,322	1,287	1,218	50.97
Accumulated Other Comprehensive Income	0.56	0.6	0.44	-0.71	-0.81	-0.01
Retained Earnings	-1,388	-1,385	-1,342	-1,163	-442.77	-272.85
Total Common Shareholders' Equity	-12.49	-56.36	-19.24	123.17	774.64	163.34
Minority Interest	154.8	194.04	46.19	40.75	35.95	-
Shareholders' Equity	142.31	137.68	26.95	163.92	810.59	163.34
Total Liabilities & Equity	189.57	178.09	206.07	432.76	1,112	215.75
Total Debt	-	0	145.32	227.89	228.45	14
Net Cash (Debt)	77.26	94.24	-8.39	126.26	318.78	137.72
Net Cash Growth	-18.03%	-	-	-60.39%	131.47%	10.37%
Net Cash Per Share	0.30	0.37	-0.03	0.54	2.42	3.50
Book Value	-12.49	-56.36	-19.24	123.17	774.64	163.34
Book Value Per Share	-0.05	-0.22	-0.08	0.53	5.87	4.14
Tangible Book Value	-12.55	-56.44	-21.35	121.05	314.41	162.13
Tangible Book Value Per Share	-0.05	-0.22	-0.09	0.52	2.38	4.11

Updated Nov 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q