Blend Labs Balance Sheet

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
Cash & Equivalents	37.43	43.58	38.01	30.96	124.2	213.08
Short-Term Investments	21.61	24.74	56.23	105.96	229.95	334.15
Cash & Short-Term Investments	59.04	68.32	94.24	136.92	354.15	547.23
Cash Growth	-43.68%	-27.51%	-31.17%	-61.34%	-35.28%	260.68%
Accounts Receivable	17.88	8.79	14.66	18.35	22.72	34.08
Other Current Assets	16.18	20.76	26.34	14.57	19.23	31.71
Total Current Assets	93.1	97.86	135.24	169.84	396.1	613.02
Net Property, Plant & Equipment	23.9	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	44.26	47.79	30.83	21.61	17.13	18.36
Total Assets	161.26	170.05	178.09	206.07	432.76	1,112
Accounts Payable	0.26	1.83	1.62	2.17	1.26	6.16
Accrued Expenses	3.99	4.56	3.32	5.56	10.06	18.14
Unearned Revenue	34.02	19.39	19.24	8.98	8.7	8.07
Other Current Liabilities	13.18	13.69	14.85	14.86	15.46	27.66
Total Current Liabilities	51.45	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	1.5	1.57	1.38	2.23	5.48	13.42
Total Long-Term Liabilities	1.5	1.57	1.38	147.54	233.37	241.87
Total Liabilities	52.95	41.02	40.4	179.12	268.84	301.9
Common Stock	0	0	0	0	0	0
Additional Paid-in Capital	1,343	1,361	1,328	1,322	1,287	1,218
Accumulated Other Comprehensive Income	0.66	0.6	0.6	0.44	-0.71	-0.81
Retained Earnings	-1,400	-1,392	-1,385	-1,342	-1,163	-442.77
Total Common Shareholders' Equity	-55.91	-30.47	-56.36	-19.24	123.17	774.64
Minority Interest	164.23	159.5	194.04	46.19	40.75	35.95
Shareholders' Equity	108.31	129.02	137.68	26.95	163.92	810.59
Total Liabilities & Equity	161.26	170.05	178.09	206.07	432.76	1,112
Total Debt	-	0	0	145.32	227.89	228.45
Net Cash (Debt)	59.04	68.32	94.24	-8.39	126.26	318.78
Net Cash Growth	-13.58%	-27.51%	-	-	-60.39%	131.47%
Net Cash Per Share	0.23	0.26	0.37	-0.03	0.54	2.42
Book Value	-55.91	-30.47	-56.36	-19.24	123.17	774.64
Book Value Per Share	-0.21	-0.12	-0.22	-0.08	0.53	5.87
Tangible Book Value	-55.91	-30.47	-56.36	-21.35	121.05	314.41
Tangible Book Value Per Share	-0.21	-0.12	-0.22	-0.09	0.52	2.38

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q