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Blend Labs Inc

Technology US BLND

1.68USD
0.03(1.82%)

Last update at 2026-06-22T20:02:00Z

Day Range

1.601.81
LowHigh

52 Week Range

1.334.49
LowHigh

Fundamentals

  • Previous Close 1.65
  • Market Cap410.40M
  • Volume4440565
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-20.67600M
  • Revenue TTM123.58M
  • Revenue Per Share TTM0.48
  • Gross Profit TTM 91.17M
  • Diluted EPS TTM-0.07

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.87800M -43.31000M -179.78500M -766.05100M -208.02800M
Minority interest -1.07200M -6.18500M 43.17M -43.63800M -0.77100M
Net income -6.80100M -49.60400M -185.32000M -763.81000M -169.14200M
Selling general administrative 50.12M 50.56M 70.69M 139.12M 128.80M
Selling and marketing expenses 29.07M 36.05M 60.13M 85.25M 84.08M
Gross profit 91.09M 90.54M 81.14M 89.65M 115.99M
Reconciled depreciation 3.82M 4.82M 5.91M 14.42M 13.81M
Ebit -20.94300M -36.56300M -148.97400M -281.22200M -197.24200M
Ebitda -17.12400M -31.74400M -143.21400M -261.89000M -182.93500M
Depreciation and amortization 3.82M 4.82M 5.76M 19.33M 14.31M
Non operating income net other - - - 4.92M -
Operating income -20.94300M -49.62000M -156.22200M -281.22200M -197.24200M
Other operating expenses 144.45M 211.64M 313.07M 516.42M 431.74M
Interest expense 0.00000M 6.75M 30.81M 24.79M 11.28M
Tax provision 0.25M 0.11M 0.64M -2.24100M -38.88600M
Interest income - - - - -
Net interest income 0.00000M -6.74700M -31.07400M -24.79000M -11.27900M
Extraordinary items - - - - -
Non recurring - - - 464.95M -
Other items - - - - -
Income tax expense 0.25M 0.11M 0.09M -2.24100M -38.88600M
Total revenue 123.51M 162.02M 156.85M 235.20M 234.50M
Total operating expenses 112.03M 140.16M 237.36M 370.87M 313.23M
Cost of revenue 32.42M 71.47M 75.71M 145.55M 118.51M
Total other income expense net 19.99M 6.31M -23.56300M -484.82900M -10.78600M
Discontinued operations - - - - -
Net income from continuing ops -1.12700M -43.41900M -230.94600M -720.17200M -169.14200M
Net income applicable to common shares - - - -768.61000M -171.34300M
Preferred stock and other adjustments - - - 48.44M -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 170.04M 178.01M 206.06M 432.76M 1112.49M
Intangible assets - 2.08M 2.11M 2.13M 173.01M
Earning assets - - - - -
Other current assets 15.49M 16.79M 12.98M 19.23M 31.71M
Total liab 200.60M 181.99M 179.12M 268.84M 301.89M
Total stockholder equity -30.55200M -56.35600M -19.24300M 123.17M 774.64M
Deferred long term liab - - - 1.69M 4.18M
Other current liab 17.99M 14.26M 16.04M 21.43M 41.95M
Common stock 0.00200M 0.00200M 0.00200M 0.00200M 0.00200M
Capital stock 0.00200M 0.00200M 0.00200M 0.00200M 0.00200M
Retained earnings -1391.85500M -1384.97500M -1341.63000M -1162.93700M -442.76500M
Other liab - - - 5.48M 13.41M
Good will - - - 0.00000M 287.23M
Other assets - - - 11.73M 12.86M
Cash 43.58M 42.24M 30.96M 124.20M 213.08M
Cash and equivalents - - - - -
Total current liabilities 39.53M 38.95M 31.57M 35.47M 60.03M
Current deferred revenue 19.46M 19.24M 8.98M 8.70M 8.07M
Net debt 117.39M -38.41100M 118.73M 107.78M 15.37M
Short term debt 0.25M 3.03M 4.38M 4.09M 3.86M
Short long term debt - - - - -
Short long term debt total 160.97M 3.83M 149.69M 231.98M 228.45M
Other stockholder equity 1360.70M 1328.02M 1321.94M 1286.82M 1218.21M
Property plant equipment - - - 5.74M 20.87M
Total current assets 97.86M 135.17M 169.84M 396.10M 613.02M
Long term investments 40.07M 9.80M - - -
Net tangible assets - - - 163.92M 314.41M
Short term investments 24.74M 56.23M 105.96M 229.95M 334.15M
Net receivables 14.05M 19.90M 19.94M 22.72M 34.08M
Long term debt - - 138.33M 216.80M 213.84M
Inventory - - - - 28.43M
Accounts payable 1.83M 2.42M 2.17M 1.26M 6.16M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.60M 0.60M 0.44M -0.70800M -0.80800M
Additional paid in capital - - - - -
Common stock total equity - - - 0.00200M -
Preferred stock total equity - - - - -
Retained earnings total equity - - - -1162.93700M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 7.72M 17.17M 21.61M 17.13M 18.36M
Deferred long term asset charges - - - - -
Non current assets total 72.18M 42.84M 36.23M 36.67M 499.47M
Capital lease obligations 1.48M 3.83M 11.36M 15.18M 14.61M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 30.32M 45.40M 131.46M 101.50M -633.90800M
Change to liabilities - - - -25.37200M -3.99600M
Total cashflows from investing activities 18.54M 45.40M 127.31M 99.43M -633.90800M
Net borrowings 0.00000M -144.50000M -85.05500M - 218.79M
Total cash from financing activities -32.58700M -21.06200M -90.95800M 2.22M 933.57M
Change to operating activities - - - -12.49900M -3.23800M
Net income -25.96600M -43.41900M -179.87900M -763.81000M -169.14200M
Change in cash -3.68800M 11.28M -91.30400M -88.88300M 172.15M
Begin period cash flow 47.27M 38.25M 129.56M 218.44M 46.29M
End period cash flow 43.58M 49.54M 38.25M 129.56M 218.44M
Total cash from operating activities 11.51M -13.04400M -127.62100M -190.41800M -127.50400M
Issuance of capital stock 0.00000M 149.38M 0.00000M 0.00000M 676.51M
Depreciation 3.82M 4.82M 5.76M 14.42M 13.81M
Other cashflows from investing activities 18.89M -5.28300M -2.50000M - -3.00000M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables 5.76M 0.92M 4.27M 12.29M -5.83900M
Sale purchase of stock -24.87000M 0.00000M -6.17100M -0.39100M -
Other cashflows from financing activities -9.36900M 123.44M -6.17100M 99.43M 566.77M
Change to netincome - - - 558.65M 34.48M
Capital expenditures 11.59M 9.84M 0.59M 2.07M 1.89M
Change receivables - - - 12.29M -
Cash flows other operating - - - 14.00M -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - -88.76700M -
Change in working capital -2.72900M 1.89M -4.25300M -4.48300M -13.07300M
Stock based compensation 28.95M 28.08M 46.02M 109.70M 70.84M
Other non cash items 7.43M -4.41300M 4.73M 453.76M 9.36M
Free cash flow -0.08100M -22.88800M -128.20800M -192.48600M -129.39000M

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLND
Blend Labs Inc
0.03 1.82% 1.68 - 22.57 3.32 2.00 2.75 115.40
SAPGF
SAP SE
-7.14 4.56% 149.37 76.28 22.88 5.61 3.84 5.59 26.18
SAP
SAP SE ADR
-5.71 3.68% 149.51 75.80 22.37 5.62 3.75 5.51 25.79
CRM
Salesforce.com Inc
-1.66 1.09% 150.12 23.99 14.14 4.16 2.58 3.85 12.75
INTU
Intuit Inc
-9.23 3.46% 257.77 55.56 32.68 11.28 10.07 11.62 40.11

Reports Covered

Stock Research & News

Profile

Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States, India, and Mexico. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, rapid home lending, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity lines of credit, and home equity loans. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; AI capabilities; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers application programming interfaces, which integrate the capabilities of technology, data, and service providers into software platform, as well as support services, professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.

Blend Labs Inc

7250 Redwood Blvd., Novato, CA, United States, 94945

Key Executives

Name Title Year Born
Mr. Nima Ghamsari Co-Founder, Chairman, CEO & Head of Blend 1986
Mr. Timothy J. Mayopoulos Pres & Director 1959
Mr. Erin James Collard Co-Founder & Director 1980
Ms. Crystal Sumner Head of Legal, Compliance and Risk & Corp. Sec. 1984
Mr. Rosco Hill Co-Founder NA
Mr. Marc S. Greenberg Head Of Fin. and Facilities & Principal Financial Officer 1971
Mr. Sebastian Joll Head of Customer Success & Operations NA
Mr. Manish Gupta Controller & Principal Accounting Officer 1972
Mr. Dan L. Smith Head of Treasury & Investor Relations NA
Mr. Naman Khan Head of Marketing NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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