BLND - NYSE
Blend Labs, Inc.
$1.59
-4.2%Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
At a Glance
Live SnapshotBlend Labs, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Blend Labs, Inc. Income Statement
BLND • NYSE
| Blend Labs, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
123.5M | 162M | 156.8M | 235.2M | 234.5M | 96M | 50.7M | |
GROSS PROFIT | |||||||
(32.4M) | (71.5M) | (75.7M) | (145.6M) | (118.5M) | (34.3M) | (19.5M) | |
91.1M | 90.5M | 81.1M | 89.7M | 116M | 61.7M | 31.1M | |
OPERATING INCOME | |||||||
(112M) | (140.2M) | (237.4M) | (835.8M) | (313.2M) | (137M) | (112.8M) | |
(79.2M) | (86.6M) | (130.8M) | (224.4M) | (212.9M) | (81.5M) | (64.2M) | |
(32.8M) | (46.1M) | (81.6M) | (138.1M) | (92.2M) | (55.5M) | (48.6M) | |
-20.9M | -49.6M | -156.2M | -746.2M | -197.2M | -75.3M | -81.7M | |
PRE-TAX INCOME | |||||||
(0.0) | (6.7M) | (30.8M) | (24.8M) | (11.3M) | (0.0) | (0.0) | |
0.0 | -6.7M | -30.8M | -24.8M | -11.3M | 1M | 0.0 | |
(0.0) | (7.5M) | (24.9M) | (473.4M) | (8.1M) | (0.0) | (0.0) | |
20M | 6.3M | -23.6M | -19.9M | -10.8M | 700K | 283K | |
-878K | -43.3M | -179.8M | -766.1M | -208M | -74.6M | -81.4M | |
NET INCOME | |||||||
(249K) | (109K) | (94K) | -2.2M | -38.9M | (26K) | (13K) | |
-6.8M | -49.6M | -185.3M | -768.6M | -171.3M | -74.6M | -81.5M |
SEC Filings
BLND - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 29, 2026 | April 24, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 16, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 06, 2026 | January 06, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 06, 2025 | October 03, 2025 | 2025 |
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