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Blend Labs Inc. (BLND)

NYSE: BLND · Real-Time Price · USD

3.27

-0.08 (-2.39%)

At close: May 01, 2025, 3:59 PM

3.32

1.68%

Pre-market: May 02, 2025, 08:44 AM EDT

Blend Labs Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	162.02M	156.85M	235.2M	234.5M	96.03M	50.67M
Cost of Revenue	71.47M	75.71M	145.55M	118.51M	34.29M	19.55M
Gross Profit	90.54M	81.14M	89.65M	115.99M	61.74M	31.12M
Operating Income	-49.62M	-156.22M	-281.22M	-197.24M	-75.29M	-81.72M
Interest Income	n/a	n/a	22.39M	10.88M	1M	n/a
Pretax Income	-43.31M	-179.78M	-766.05M	-208.03M	-74.59M	-81.44M
Net Income	-49.6M	-185.32M	-763.81M	-169.14M	-74.62M	-81.45M
Selling & General & Admin	86.61M	130.82M	224.37M	212.88M	81.53M	64.25M
Research & Development	46.09M	81.59M	138.09M	92.22M	55.5M	48.6M
Other Expenses	7.47M	24.95M	8.41M	8.14M	700K	283K
Operating Expenses	140.16M	237.36M	370.87M	313.23M	137.03M	112.85M
Interest Expense	6.75M	30.81M	24.79M	11.28M	n/a	n/a
Selling & Marketing Expenses	36.05M	60.13M	85.25M	84.08M	51.42M	37.66M
Cost & Expenses	204.17M	313.07M	516.42M	431.74M	171.32M	132.39M
Income Tax Expense	109K	94K	-2.24M	-38.89M	26K	13K
Shares Outstanding (Basic)	253.92M	245.21M	234.16M	230.32M	219.59M	219.59M
Shares Outstanding (Diluted)	253.92M	245.21M	234.16M	230.32M	219.59M	219.59M
EPS (Basic)	-0.2	-0.76	-3.26	-0.73	-0.34	-0.37
EPS (Diluted)	-0.2	-0.76	-3.26	-0.73	-0.34	-0.37
EBITDA	-49.62M	-143.21M	-726.85M	-182.94M	-68.24M	-76.67M
EBIT	-50.06M	-148.97M	-741.26M	-196.75M	-74.59M	-81.44M
Depreciation & Amortization	437K	5.76M	14.42M	13.81M	6.35M	4.76M