Blend Labs, Inc.

Blend Labs, Inc.

BLND
Blend Labs, Inc.US flagNew York Stock Exchange
1.69
USD
-0.06
- -
409.18MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.23
0.44
1.78
1
0.45
0.46
0.48
0.49
Basic EPS, GAAP
-0.37
-0.34
-1.3
-3.28
-0.76
-0.24
-0.1
-0.04
Free Cash Flow per Basic Share
-0.27
-0.3
-0.98
-0.82
-0.52
-0.09
- -
-0.04
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.9
-1.24
-3.35
-4.97
-5.47
-5.45
-5.37
-5.42
Tangible Book Value per Share
-0.8
-1.02
2.65
0.69
0.1
-0.02
-0.12
-0.22
Basic Weighted Avg Shares
220
220
132
234
245
254
259
258
Sales/Revenue/Turnover
51
96
234
235
110
116
124
128
Operating Margin (%)
-161.28
-78.4
-84.11
-119.57
-112.78
-37.11
-16.88
-14.33
Depreciation Expense
5
6
14
14
4
3
4
5
Net Income, GAAP
-81
-75
-171
-769
-185
-50
-8
-6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
41.47
Profit Margin (%)
-160.75
-77.7
-73.07
-326.79
-169.17
-42.85
-6.52
-4.4
Working Capital
123
151
553
361
138
96
58
42
LT Debt
- -
14
228
228
145
- -
1
1
Total Equity
135
163
811
164
27
-4
-30
-56
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
0.4
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
260
256
247
Market Capitalization
944
787
439

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
116
98
93
Cash, Cash Equivalents & STI
77
68
59
Accounts Receivable, Net
12
9
18
Inventories
- -
- -
- -
Total Current Liabilities
46
39
51
Payables & Accruals
9
10
12
ST Debt
- -
- -
- -
Deferred Revenue
25
19
34

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
156.72%
665.46%
Free Cash Flow
- -
-14.32%
-99.64%
Net Income, GAAP
- -
49.07%
-83.76%
Sales/Revenue/Turnover
- -
20.7%
6.76%
Total Cash Common Dividend
- -
- -
63.91%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
29
33
41
116
2025
27
32
33
32
124
2026
31
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.08
-0.02
-0.01
-0.24
2025
-0.06
-0.03
0.05
-0.01
-0.1
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Nima Ghamsari
Full Time Employees
540
Sector
Technology
Industry
Software - Application
Address
415 Kearny Street Novato CA United States of America 94108
IPO Date
Jul 16, 2021
Website
blend.com
Business
Blend Labs, Inc. (NYSE: BLND) develops and provides a digital lending platform that enables financial institutions to originate, process, and manage loans efficiently. The company's core products and services include the Blend Platform, featuring modular components such as the Deposit Suite for account opening and funding; the Mortgage Suite for home loan origination; the Home Equity product for second mortgages; the Personal Loan product for unsecured consumer lending; the Blend Builder no-code customization tool; Blend Underwriting, powered by AI-driven risk assessment; Blend Save, a savings product; and Blend Protect for insurance offerings. These solutions integrate with over 200 third-party services and support loan origination volumes exceeding $100 billion annually across mortgages, home equity, personal loans, and deposits. Founded in 2012 and headquartered in San Francisco, California, Blend Labs serves banks, credit unions, mortgage lenders, and fintech companies primarily in the United States, with expanding operations in Canada. The platform targets retail banking and lending segments, automating workflows from application to closing to reduce cycle times and improve borrower experience. In the past two years, Blend Labs has pursued strategic expansions, including the launch of new products like Blend Deposits in 2023 and enhancements to its AI underwriting capabilities in 2024; a partnership with Citizens Bank to power digital deposit accounts; and a significant funding round in early 2025 led by NEA and Point72 Ventures to accelerate product development amid rising demand for digital lending tools. The company also reorganized its leadership team with key hires in engineering and sales to support international growth.

Company News

MCPAPIChat
  • 5 stocks under $10 Wall Street thinks are ready to run big

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  • British Land names Oxford Properties executive as CEO

  • British Land lifts profits and outlook after record leasing year

  • CrossCountry Mortgage Cuts Closing Times by More Than Half with Blend

  • Blend Labs Q1 Earnings Call Highlights

  • Blend Labs, Inc. (BLND) Q1 2026 Earnings Call Transcript

  • Blend Announces First Quarter 2026 Financial Results

  • Blend Launches Autopilot MCP Server, Opening Its Lending Platform to FI-Built AI Agents

  • Northfield Savings Bank Partners with Blend to Power Next Phase of Lending Growth

  • Blend to Announce First Quarter 2026 Financial Results on May 7, 2026

  • British Land up outlook as it says AI companies are moving into London

  • Blend Labs, Inc. (NYSE:BLND) Receives Consensus Recommendation of “Hold” from Brokerages

  • What Moved Markets This Week

  • Blend Labs Now Faces Potential Mortgage Industry Downturn On Rising Rates (Downgrade)

  • Blend Labs Analysts Slash Their Forecasts After Q4 Results

  • Blend Labs, Inc. (BLND) Q4 2025 Earnings Call Transcript

  • Blend Announces Preliminary Fourth Quarter and Full Year 2025 Financial Results

  • Blend Labs, Inc. (NYSE:BLND) Given Average Recommendation of “Hold” by Analysts

  • Blend Labs CEO Says ‘I Have Never Been More Excited' Even as the Stock Has Fallen Roughly 46%