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 - Q3 2025 - Nov 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 265 % -31.1%
Debt-to-equity -187 % +39.7%
Return On Assets -2.26 % +94%
Operating Margin -12.7 % +77.1%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 260M shares +1.65%
Entity Public Float 495M USD +161%
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 260M shares +1.85%
Weighted Average Number of Shares Outstanding, Diluted 269M shares +5.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 168M USD +37.6%
Research and Development Expense 32.2M USD -37.6%
Selling and Marketing Expense 29.8M USD -25.7%
General and Administrative Expense 53.1M USD +6.66%
Operating Income (Loss) -21.3M USD +68.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -612K USD +99.1%
Income Tax Expense (Benefit) 114K USD +500%
Net Income (Loss) Attributable to Parent -4.17M USD +94.3%
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 55M USD +8.8%
Marketable Securities, Current 231M USD
Other Assets, Current 2.64M USD +61.1%
Assets, Current 116M USD -20.8%
Property, Plant and Equipment, Net 23M USD +136%
Operating Lease, Right-of-Use Asset 1.57M USD -8.28%
Intangible Assets, Net (Excluding Goodwill) 69K USD -96.7%
Other Assets, Noncurrent 42.6M USD +153%
Assets 190M USD +1.85%
Accounts Payable, Current 772K USD -58.6%
Employee-related Liabilities, Current 4.6M USD -24%
Accrued Liabilities, Current 3.26M USD -11.9%
Contract with Customer, Liability, Current 25.3M USD +27.5%
Liabilities, Current 45.7M USD +0.95%
Contract with Customer, Liability, Noncurrent 0 USD
Operating Lease, Liability, Noncurrent 1.31M USD +36.8%
Other Liabilities, Noncurrent 1.42M USD +9.91%
Liabilities 47.3M USD -0.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 555K USD -27.5%
Retained Earnings (Accumulated Deficit) -1.39B USD -0.3%
Stockholders' Equity Attributable to Parent -12.5M USD +74.8%
Liabilities and Equity 190M USD +1.85%

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 260M shares +1.65%
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 60M USD +8.01%
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 1.61M USD -69.4%
Depreciation 1M USD -28.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -4.38M USD +93.9%
Lessee, Operating Lease, Liability, to be Paid 2.03M USD -64.9%
Property, Plant and Equipment, Gross 26.2M USD +105%
Operating Lease, Liability, Current 305K USD -92.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 421K USD +55.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 402K USD -88.9%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 418K USD -18.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 442K USD +96.4%
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 463K USD +95.4%
Operating Lease, Payments 4.8M USD +6.67%
Additional Paid in Capital 1.38B USD +3.11%
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 27.6M USD -1.96%
Interest Expense 13.8M USD -55.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%