Blend Labs, Inc. financial data

Symbol
BLND on NYSE
Location
Novato, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 06 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 265% % -31%
Debt-to-equity -187% % 40%
Return On Assets -2.3% % 94%
Operating Margin -13% % 77%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 260,100,000 shares 1.6%
Entity Public Float $495,000,000 USD 161%
Common Stock, Value, Issued $2,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 259,631,000 shares 1.9%
Weighted Average Number of Shares Outstanding, Diluted 268,719,000 shares 5.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $167,532,000 USD 38%
Research and Development Expense $32,235,000 USD -38%
Selling and Marketing Expense $29,828,000 USD -26%
General and Administrative Expense $53,068,000 USD 6.7%
Operating Income (Loss) $21,275,000 USD 68%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $612,000 USD 99%
Income Tax Expense (Benefit) $114,000 USD 500%
Net Income (Loss) Attributable to Parent $4,168,000 USD 94%
Earnings Per Share, Basic 0.03 USD/shares
Earnings Per Share, Diluted 0.02 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $55,021,000 USD 8.8%
Other Assets, Current $2,639,000 USD 61%
Assets, Current $115,988,000 USD -21%
Property, Plant and Equipment, Net $22,978,000 USD 136%
Operating Lease, Right-of-Use Asset $1,573,000 USD -8.3%
Intangible Assets, Net (Excluding Goodwill) $69,000 USD -97%
Other Assets, Noncurrent $42,559,000 USD 153%
Assets $189,566,000 USD 1.8%
Accounts Payable, Current $772,000 USD -59%
Employee-related Liabilities, Current $4,596,000 USD -24%
Accrued Liabilities, Current $3,255,000 USD -12%
Contract with Customer, Liability, Current $25,325,000 USD 28%
Liabilities, Current $45,672,000 USD 0.95%
Contract with Customer, Liability, Noncurrent $0 USD
Operating Lease, Liability, Noncurrent $1,306,000 USD 37%
Other Liabilities, Noncurrent $1,420,000 USD 9.9%
Liabilities $47,252,000 USD -0.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax $555,000 USD -27%
Retained Earnings (Accumulated Deficit) $1,388,318,000 USD -0.3%
Stockholders' Equity Attributable to Parent $12,485,000 USD 75%
Liabilities and Equity $189,566,000 USD 1.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $20,390,000 USD
Net Cash Provided by (Used in) Financing Activities $5,176,000 USD -62%
Net Cash Provided by (Used in) Investing Activities $3,228,000 USD -95%
Common Stock, Shares Authorized 3,000,000,000 shares 0%
Common Stock, Shares, Issued 260,100,000 shares 1.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $18,442,000 USD -66%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $60,044,000 USD 8%
Interest Paid, Excluding Capitalized Interest, Operating Activities $0 USD -100%
Deferred Tax Assets, Valuation Allowance $246,310,000 USD 3.8%
Deferred Tax Assets, Gross $250,962,000 USD 3.6%
Operating Lease, Liability $1,611,000 USD -69%
Depreciation $1,000,000 USD -29%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $4,378,000 USD 94%
Lessee, Operating Lease, Liability, to be Paid $2,029,000 USD -65%
Property, Plant and Equipment, Gross $26,204,000 USD 105%
Operating Lease, Liability, Current $305,000 USD -93%
Lessee, Operating Lease, Liability, to be Paid, Year Two $421,000 USD 56%
Lessee, Operating Lease, Liability, to be Paid, Year One $402,000 USD -89%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $418,000 USD -18%
Lessee, Operating Lease, Liability, to be Paid, Year Three $442,000 USD 96%
Deferred Tax Assets, Operating Loss Carryforwards $163,431,000 USD 13%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200,000,000 shares 0%
Unrecognized Tax Benefits $11,677,000 USD 16%
Lessee, Operating Lease, Liability, to be Paid, Year Four $463,000 USD 95%
Operating Lease, Payments $4,800,000 USD 6.7%
Additional Paid in Capital $1,375,276,000 USD 3.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $0 USD
Depreciation, Depletion and Amortization $407,000 USD 29%
Deferred Tax Assets, Net of Valuation Allowance $4,652,000 USD -8%
Share-based Payment Arrangement, Expense $27,562,000 USD -2%
Interest Expense $13,832,000 USD -55%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%