Blend Labs, Inc. financial data

Symbol
BLND on NYSE
Location
7250 Redwood Blvd., Suite 300, Novato, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 8, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 307 % -51.5%
Debt-to-equity -116 % +99%
Return On Assets -17.3 % +65.3%
Operating Margin -21.9 % +73%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 259M shares +2.58%
Entity Public Float 495M USD +161%
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 259M shares +3.15%
Weighted Average Number of Shares Outstanding, Diluted 259M shares +3.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 165M USD +15.1%
Research and Development Expense 39.4M USD -43.3%
Selling and Marketing Expense 33.5M USD -36%
General and Administrative Expense 49.4M USD -20.7%
Operating Income (Loss) -36.1M USD +68.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -29.2M USD +78.2%
Income Tax Expense (Benefit) 97K USD +49.2%
Net Income (Loss) Attributable to Parent -31.9M USD +76.2%
Earnings Per Share, Basic 0 USD/shares +68.4%
Earnings Per Share, Diluted 0 USD/shares +68.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 56.2M USD -27.5%
Marketable Securities, Current 231M USD
Other Assets, Current 1.33M USD -41.2%
Assets, Current 140M USD -12.3%
Property, Plant and Equipment, Net 17M USD +184%
Operating Lease, Right-of-Use Asset 262K USD -96.9%
Intangible Assets, Net (Excluding Goodwill) 77K USD -96.3%
Other Assets, Noncurrent 21.9M USD +34.5%
Assets 188M USD -6.69%
Accounts Payable, Current 2.67M USD +40.5%
Employee-related Liabilities, Current 3.9M USD -24.8%
Accrued Liabilities, Current 2.7M USD +3.96%
Contract with Customer, Liability, Current 33.3M USD +54.4%
Liabilities, Current 58.1M USD +36.5%
Contract with Customer, Liability, Noncurrent 0 USD
Operating Lease, Liability, Noncurrent 801K USD -88.5%
Other Liabilities, Noncurrent 291K USD -85.8%
Liabilities 59.3M USD -68.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 565K USD +63.3%
Retained Earnings (Accumulated Deficit) -1.39B USD -2.34%
Stockholders' Equity Attributable to Parent -16.9M USD +52.8%
Liabilities and Equity 188M USD -6.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 20.4M USD
Net Cash Provided by (Used in) Financing Activities -5.18M USD -62.4%
Net Cash Provided by (Used in) Investing Activities 3.23M USD -94.7%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 259M shares +2.58%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 18.4M USD -65.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 61.3M USD -25.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 246M USD +3.84%
Deferred Tax Assets, Gross 251M USD +3.59%
Operating Lease, Liability 1.71M USD -84.4%
Depreciation 1.5M USD -28.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -31.7M USD +76.3%
Lessee, Operating Lease, Liability, to be Paid 1.75M USD -86.1%
Property, Plant and Equipment, Gross 18.5M USD +18.1%
Operating Lease, Liability, Current 1.71M USD -62.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 270K USD -93.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.22M USD -36.9%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 32K USD -98%
Lessee, Operating Lease, Liability, to be Paid, Year Three 225K USD -82.7%
Deferred Tax Assets, Operating Loss Carryforwards 163M USD +12.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200M shares 0%
Unrecognized Tax Benefits 11.7M USD +16.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 236K USD -78.4%
Operating Lease, Payments 4.8M USD 0%
Additional Paid in Capital 1.38B USD +3.81%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 0 USD
Depreciation, Depletion and Amortization 407K USD +28.8%
Deferred Tax Assets, Net of Valuation Allowance 4.65M USD -7.95%
Share-based Payment Arrangement, Expense 26.1M USD -30.8%
Interest Expense 13.8M USD -55.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%