Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
1.430
+0.020 (1.42%)
At close: Apr 28, 2026, 4:00 PM EDT
1.430
0.00 (0.00%)
After-hours: Apr 28, 2026, 7:00 PM EDT

Blend Labs Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2019
Revenue
123.59115.76109.55235.2234.5
Upgrade
Revenue Growth (YoY)
6.76%5.67%-53.42%0.30%144.19%
Upgrade
Cost of Revenue
32.4232.5433.09145.55118.51
Upgrade
Gross Profit
91.1783.2276.4689.65115.99
Upgrade
Selling, General & Admin
79.1980.1118.75224.37212.88
Upgrade
Research & Development
32.8446.0981.26138.0992.22
Upgrade
Amortization of Goodwill & Intangibles
---8.418.14
Upgrade
Operating Expenses
112.03126.18200.01370.87313.23
Upgrade
Operating Income
-20.86-42.96-123.55-281.22-197.24
Upgrade
Interest Expense
--6.75-30.81-24.79-11.28
Upgrade
Interest & Investment Income
3.75.411.42.40.4
Upgrade
Currency Exchange Gain (Loss)
----0.5-
Upgrade
Other Non Operating Income (Expenses)
-0.25-0.01-0.40.130.09
Upgrade
EBT Excluding Unusual Items
-17.41-44.32-143.36-303.98-208.03
Upgrade
Merger & Restructuring Charges
-0.87-5.88-20.06-15.28-
Upgrade
Impairment of Goodwill
----287.2-
Upgrade
Gain (Loss) on Sale of Investments
17.414.42-2.88-
Upgrade
Gain (Loss) on Sale of Assets
-8.61---
Upgrade
Asset Writedown
----162.48-
Upgrade
Other Unusual Items
--5.48-3.97--
Upgrade
Pretax Income
-0.88-42.65-167.39-766.05-208.03
Upgrade
Income Tax Expense
0.250.110.09-2.24-38.89
Upgrade
Earnings From Continuing Operations
-1.13-42.76-167.48-763.81-169.14
Upgrade
Earnings From Discontinued Operations
-5.67-0.59-11.21--
Upgrade
Net Income to Company
-6.8-43.35-178.69-763.81-169.14
Upgrade
Minority Interest in Earnings
---43.64-0.77
Upgrade
Net Income
-6.8-43.35-178.69-720.17-169.91
Upgrade
Preferred Dividends & Other Adjustments
19.0917.146.6348.441.43
Upgrade
Net Income to Common
-25.89-60.48-185.32-768.61-171.34
Upgrade
Shares Outstanding (Basic)
259254245234132
Upgrade
Shares Outstanding (Diluted)
259254245234132
Upgrade
Shares Change (YoY)
1.98%3.55%4.72%77.42%234.93%
Upgrade
EPS (Basic)
-0.10-0.24-0.76-3.28-1.30
Upgrade
EPS (Diluted)
-0.10-0.24-0.76-3.28-1.30
Upgrade
Free Cash Flow
-0.08-22.79-127.66-192.49-129.39
Upgrade
Free Cash Flow Per Share
--0.09-0.52-0.82-0.98
Upgrade
Gross Margin
73.77%71.89%69.79%38.12%49.46%
Upgrade
Operating Margin
-16.88%-37.11%-112.78%-119.57%-84.11%
Upgrade
Profit Margin
-20.95%-52.25%-169.17%-326.79%-73.07%
Upgrade
Free Cash Flow Margin
-0.07%-19.68%-116.53%-81.84%-55.18%
Upgrade
EBITDA
-20.68-42.12-122.04-270.46-186.64
Upgrade
EBITDA Margin
-16.73%-36.39%-111.40%-114.99%-79.59%
Upgrade
D&A For EBITDA
0.190.841.5210.7710.61
Upgrade
EBIT
-20.86-42.96-123.55-281.22-197.24
Upgrade
EBIT Margin
-16.88%-37.11%-112.78%-119.57%-84.11%
Upgrade
Revenue as Reported
123.59115.76109.55235.2234.5
Upgrade
Advertising Expenses
3.51.83.95.2-
Upgrade
Source: S&P Capital IQ. Standard template. Financial Sources.