Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
3.110
-0.170 (-5.18%)
At close: Dec 5, 2025, 4:00 PM EST
3.150
+0.040 (1.29%)
After-hours: Dec 5, 2025, 7:58 PM EST
Blend Labs Income Statement
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 | 2019 |
|---|---|---|---|---|---|---|---|
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 | 2019 |
| Revenue | 167.53 | 162.02 | 156.85 | 235.2 | 234.5 | 96.03 | Upgrade
|
| Revenue Growth (YoY) | 37.61% | 3.30% | -33.31% | 0.30% | 144.19% | 89.52% | Upgrade
|
| Cost of Revenue | 71.15 | 71.48 | 75.71 | 145.55 | 118.51 | 34.29 | Upgrade
|
| Gross Profit | 96.38 | 90.54 | 81.14 | 89.65 | 115.99 | 61.74 | Upgrade
|
| Selling, General & Admin | 82.9 | 86.61 | 130.82 | 224.37 | 212.88 | 81.53 | Upgrade
|
| Research & Development | 32.24 | 46.09 | 81.59 | 138.09 | 92.22 | 55.5 | Upgrade
|
| Amortization of Goodwill & Intangibles | - | - | - | 8.41 | 8.14 | - | Upgrade
|
| Operating Expenses | 115.13 | 132.69 | 212.41 | 370.87 | 313.23 | 137.03 | Upgrade
|
| Operating Income | -18.75 | -42.15 | -131.27 | -281.22 | -197.24 | -75.29 | Upgrade
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| Interest Expense | - | -6.75 | -30.81 | -24.79 | -11.28 | - | Upgrade
|
| Interest & Investment Income | 4.2 | 5.4 | 11.4 | 2.4 | 0.4 | 1 | Upgrade
|
| Currency Exchange Gain (Loss) | - | - | - | -0.5 | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | 0.52 | 0.14 | -0.15 | 0.13 | 0.09 | -0.3 | Upgrade
|
| EBT Excluding Unusual Items | -14.03 | -43.36 | -150.84 | -303.98 | -208.03 | -74.59 | Upgrade
|
| Merger & Restructuring Charges | -2.52 | -7.47 | -24.95 | -15.28 | - | - | Upgrade
|
| Impairment of Goodwill | - | - | - | -287.2 | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | 16.58 | 4.42 | - | 2.88 | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | -0.61 | 8.6 | - | - | - | - | Upgrade
|
| Asset Writedown | - | - | - | -162.48 | - | - | Upgrade
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| Other Unusual Items | -0.02 | -5.5 | -4 | - | - | - | Upgrade
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| Pretax Income | -0.61 | -43.31 | -179.79 | -766.05 | -208.03 | -74.59 | Upgrade
|
| Income Tax Expense | 0.11 | 0.11 | 0.09 | -2.24 | -38.89 | 0.03 | Upgrade
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| Earnings From Continuing Operations | -0.73 | -43.42 | -179.88 | -763.81 | -169.14 | -74.62 | Upgrade
|
| Minority Interest in Earnings | 0.07 | 0.07 | 1.19 | 43.64 | -0.77 | - | Upgrade
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| Net Income | -4.17 | -43.35 | -178.69 | -720.17 | -169.91 | -74.62 | Upgrade
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| Preferred Dividends & Other Adjustments | 20.07 | 17.14 | 6.63 | 48.44 | 1.43 | - | Upgrade
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| Net Income to Common | -24.24 | -60.48 | -185.32 | -768.61 | -171.34 | -74.62 | Upgrade
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| Shares Outstanding (Basic) | 259 | 254 | 245 | 234 | 132 | 39 | Upgrade
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| Shares Outstanding (Diluted) | 259 | 254 | 245 | 234 | 132 | 39 | Upgrade
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| Shares Change (YoY) | 2.67% | 3.55% | 4.72% | 77.42% | 234.93% | 20.23% | Upgrade
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| EPS (Basic) | -0.09 | -0.24 | -0.76 | -3.28 | -1.30 | -1.89 | Upgrade
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| EPS (Diluted) | -0.10 | -0.24 | -0.76 | -3.28 | -1.30 | -1.89 | Upgrade
|
| Free Cash Flow | -7.25 | -22.89 | -128.21 | -192.49 | -129.39 | -66.34 | Upgrade
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| Free Cash Flow Per Share | -0.03 | -0.09 | -0.52 | -0.82 | -0.98 | -1.68 | Upgrade
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| Gross Margin | 57.53% | 55.88% | 51.73% | 38.12% | 49.46% | 64.29% | Upgrade
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| Operating Margin | -11.19% | -26.02% | -83.70% | -119.57% | -84.11% | -78.40% | Upgrade
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| Profit Margin | -14.47% | -37.33% | -118.15% | -326.79% | -73.07% | -77.70% | Upgrade
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| Free Cash Flow Margin | -4.33% | -14.13% | -81.74% | -81.84% | -55.18% | -69.08% | Upgrade
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| EBITDA | -17.94 | -40.36 | -128.81 | -270.46 | -186.64 | -71.3 | Upgrade
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| EBITDA Margin | -10.71% | -24.91% | -82.13% | -114.99% | -79.59% | -74.25% | Upgrade
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| D&A For EBITDA | 0.81 | 1.79 | 2.46 | 10.77 | 10.61 | 3.99 | Upgrade
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| EBIT | -18.75 | -42.15 | -131.27 | -281.22 | -197.24 | -75.29 | Upgrade
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| EBIT Margin | -11.19% | -26.02% | -83.70% | -119.57% | -84.11% | -78.40% | Upgrade
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| Revenue as Reported | 167.53 | 162.02 | 156.85 | 235.2 | 234.5 | - | Upgrade
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| Advertising Expenses | - | 1.8 | 3.9 | 5.2 | - | 3.6 | Upgrade
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Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.