Blend Labs, Inc. (BLND) Financials

$3.38

south_east
-$0.1 (-2.74%)
Day's range
$3.33
Day's range
$3.55

BLND Income statement / Annual

Last year (2024), Blend Labs, Inc.'s total revenue was $162.02 M, an increase of 3.30% from the previous year. In 2024, Blend Labs, Inc.'s net income was -$49.60 M. See Blend Labs, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $162.02 M $156.85 M $235.20 M $234.50 M $96.03 M $50.67 M
Cost of Revenue $71.48 M $75.71 M $145.55 M $118.51 M $34.29 M $19.55 M
Gross Profit $90.54 M $81.14 M $89.65 M $115.99 M $61.74 M $31.12 M
Gross Profit Ratio 0.56 0.52 0.38 0.49 0.64 0.61
Research and Development Expenses $46.09 M $81.59 M $138.09 M $92.22 M $55.50 M $48.60 M
General & Administrative Expenses $50.56 M $70.69 M $139.12 M $128.80 M $30.11 M $26.59 M
Selling & Marketing Expenses $36.05 M $60.13 M $85.25 M $84.08 M $51.42 M $37.66 M
Selling, General & Administrative Expenses $86.61 M $130.82 M $224.37 M $212.88 M $81.53 M $64.25 M
Other Expenses $7.47 M $24.95 M $473.37 M $8.14 M $0.00 $0.00
Operating Expenses $140.16 M $237.36 M $835.83 M $313.23 M $137.03 M $112.85 M
Cost And Expenses $211.64 M $313.07 M $981.38 M $431.74 M $171.32 M $132.39 M
Interest Income $0.00 $0.00 $0.00 $0.00 $1.00 M $0.00
Interest Expense $6.75 M $30.81 M $24.79 M $11.28 M $0.00 $0.00
Depreciation & Amortization $4.82 M $5.76 M $14.42 M $13.81 M $6.35 M $4.76 M
EBITDA -$31.74 M -$143.21 M -$726.85 M -$182.94 M -$68.24 M -$76.68 M
EBITDA Ratio -0.2 -0.91 -3.09 -0.78 -0.71 -1.51
Operating Income Ratio -0.31 -1 -3.17 -0.84 -0.78 -1.61
Total Other Income/Expenses Net $6.31 M -$23.56 M -$19.87 M -$10.79 M $700.00 K $283.00 K
Income Before Tax -$43.31 M -$179.79 M -$766.05 M -$208.03 M -$74.59 M -$81.44 M
Income Before Tax Ratio -0.27 -1.15 -3.26 -0.89 -0.78 -1.61
Income Tax Expense $109.00 K $94.00 K -$2.24 M -$38.89 M $26.00 K $13.00 K
Net Income -$49.60 M -$185.32 M -$768.61 M -$171.34 M -$74.62 M -$81.45 M
Net Income Ratio -0.31 -1.18 -3.27 -0.73 -0.78 -1.61
EPS -0.24 -0.76 -3.28 -0.74 -0.34 -0.37
EPS Diluted -0.24 -0.76 -3.28 -0.74 -0.34 -0.37
Weighted Average Shares Out $253.92 M $245.21 M $234.16 M $230.32 M $219.59 M $219.59 M
Weighted Average Shares Out Diluted $253.92 M $245.21 M $234.16 M $230.32 M $219.59 M $219.59 M
Link