Blend Financial Statements From 2010 to 2025

BLND Stock  USD 3.48  0.10  2.79%   
Blend Labs financial statements provide useful quarterly and yearly information to potential Blend Labs investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Blend Labs financial statements helps investors assess Blend Labs' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Blend Labs' valuation are summarized below:
Gross Profit
90.5 M
Profit Margin
(0.27)
Market Capitalization
929.6 M
Enterprise Value Revenue
5.1534
Revenue
162 M
There are over one hundred nineteen available fundamental signals for Blend Labs, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Blend Labs' prevailing performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road.

Blend Labs Total Revenue

171.46 Million

Check Blend Labs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blend Labs' main balance sheet or income statement drivers, such as Tax Provision of 114.5 K, Depreciation And Amortization of 10 M or Selling General Administrative of 81.7 M, as well as many indicators such as Price To Sales Ratio of 6.27, Dividend Yield of 0.0 or Days Sales Outstanding of 64.94. Blend financial statements analysis is a perfect complement when working with Blend Labs Valuation or Volatility modules.
  
Check out the analysis of Blend Labs Correlation against competitors.
For information on how to trade Blend Stock refer to our How to Trade Blend Stock guide.

Blend Labs Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets307.5 M178 M254.1 M
Slightly volatile
Other Current Liabilities20.6 M17.3 M8.5 M
Slightly volatile
Total Current Liabilities40.8 M38.9 M28.7 M
Slightly volatile
Other Liabilities7.4 M6.3 M5.5 M
Slightly volatile
Property Plant And Equipment Net15.5 M13.8 M7.9 M
Slightly volatile
Current Deferred Revenue13 M19.2 M12.2 M
Very volatile
Accounts Payable2.5 M2.4 M3.1 M
Pretty Stable
Cash63.2 M42.2 M46.3 M
Slightly volatile
Non Current Assets Total40.7 M42.8 M53.1 M
Pretty Stable
Non Currrent Assets Other17.1 M27 M12.2 M
Slightly volatile
Other Assets12.4 M13.5 M10.4 M
Slightly volatile
Cash And Short Term Investments188.8 M98.5 M171.9 M
Slightly volatile
Net Receivables24.9 M17.4 M16.1 M
Slightly volatile
Common Stock Total Equity1.5 K2.3 K1.3 K
Slightly volatile
Common Stock Shares Outstanding257.2 M253.9 M227.3 M
Slightly volatile
Short Term Investments53.4 M56.2 M121 M
Pretty Stable
Liabilities And Stockholders Equity307.5 M178 M254.1 M
Slightly volatile
Non Current Liabilities Total1.3 M1.4 M43.1 M
Slightly volatile
Inventory1.091.154.2 M
Very volatile
Other Current Assets16.4 M19.3 M8.2 M
Slightly volatile
Other Stockholder Equity933.3 M1.2 B391.3 M
Slightly volatile
Total Liabilities38.3 M40.3 M71.5 M
Slightly volatile
Deferred Long Term Liabilities2.9 M1.5 M3.2 M
Slightly volatile
Property Plant And Equipment Gross17.9 M17.3 M8.9 M
Slightly volatile
Total Current Assets219.3 M135.2 M198 M
Slightly volatile
Capital Stock1.7 K1.8 K215.8 M
Slightly volatile
Non Current Liabilities Other303.1 K319 K3.2 M
Pretty Stable
Net Working Capital189.6 M96.2 M170 M
Slightly volatile
Short Term Debt3.3 M3.9 M5.1 M
Slightly volatile
Intangible AssetsM2.1 M14 M
Pretty Stable
Common Stock1.8 K2.3 K1.3 K
Slightly volatile
Property Plant Equipment12.9 M6.6 M6.2 M
Slightly volatile
Short and Long Term Debt Total761 K801 K49.6 M
Slightly volatile
Long Term Debt151.7 M124.5 M199.8 M
Slightly volatile
Warrants32.6 M36.7 M40 M
Slightly volatile
Capital SurpluseB1.2 B1.3 B
Slightly volatile
Long Term Investments8.4 M9.8 M5.8 M
Slightly volatile

Blend Labs Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization10 M6.6 M6.7 M
Slightly volatile
Selling General Administrative81.7 M50.6 M47.9 M
Slightly volatile
Selling And Marketing Expenses65 M36 M47.4 M
Slightly volatile
Total Revenue171.5 M162 M97.7 M
Slightly volatile
Gross Profit86.2 M90.5 M52.3 M
Slightly volatile
Other Operating Expenses324.3 M204.2 M205.3 M
Slightly volatile
Research Development84.7 M46.1 M61.5 M
Slightly volatile
Cost Of Revenue85.3 M71.5 M45.4 M
Slightly volatile
Total Operating Expenses239.1 M132.7 M159.9 M
Slightly volatile
Reconciled Depreciation8.7 M4.8 M6.2 M
Slightly volatile
Preferred Stock And Other Adjustments38.8 M43.6 M47.5 M
Slightly volatile
Non Recurring372 M418.5 M456.2 M
Slightly volatile
Non Operating Income Net Other3.9 M4.4 M4.8 M
Slightly volatile

Blend Labs Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings162.3 M251.6 M83.7 M
Slightly volatile
Stock Based Compensation50.4 M28.1 M25.9 M
Slightly volatile
Begin Period Cash Flow36.3 M38.3 M43.7 M
Slightly volatile
Depreciation8.7 M4.8 M6.2 M
Slightly volatile
Capital Expenditures10.3 M9.8 MM
Slightly volatile
End Period Cash Flow68.1 M49.5 M52.2 M
Slightly volatile
Change To Netincome674.6 M642.4 M162.3 M
Slightly volatile
Dividends Paid174.9 M196.8 M214.6 M
Slightly volatile
Change Receivables9.8 M11.1 M12.1 M
Slightly volatile
Cash Flows Other Operating11.2 M12.6 M13.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.276.59861.1898
Slightly volatile
Days Sales Outstanding64.9439.120370.1117
Slightly volatile
Book Value Per Share0.520.54220.7676
Pretty Stable
Stock Based Compensation To Revenue0.210.17330.2189
Slightly volatile
Capex To Depreciation2.142.04270.3873
Slightly volatile
EV To Sales6.036.342360.9436
Slightly volatile
Inventory Turnover4.044.544.9524
Slightly volatile
Days Of Inventory On Hand0.00.045.2002
Slightly volatile
Payables Turnover28.7229.571818.7553
Slightly volatile
Sales General And Administrative To Revenue0.510.3120.4984
Slightly volatile
Average Inventory0.550.571.3 M
Slightly volatile
Research And Ddevelopement To Revenue0.270.28450.764
Slightly volatile
Capex To Revenue0.06380.06080.0176
Slightly volatile
Cash Per Share0.370.38780.7307
Pretty Stable
Days Payables Outstanding11.7312.342842.5207
Slightly volatile
Income Quality0.290.30040.6506
Slightly volatile
Intangibles To Total Assets0.01110.01170.0446
Pretty Stable
Current Ratio3.33.47046.5935
Pretty Stable
Tangible Book Value Per Share0.770.5340.6446
Pretty Stable
Receivables Turnover5.549.33025.5759
Slightly volatile
Capex Per Share0.04070.03880.0083
Slightly volatile
Revenue Per Share0.530.63810.4109
Slightly volatile
Debt To Assets0.00430.00450.1451
Slightly volatile
Operating Cycle78.239.1203116
Slightly volatile
Days Of Payables Outstanding11.7312.342842.5207
Slightly volatile
Ebt Per Ebit1.040.87281.1124
Pretty Stable
Quick Ratio3.33.47046.4821
Pretty Stable
Net Income Per E B T0.831.39651.0043
Very volatile
Cash Ratio2.081.08461.4244
Slightly volatile
Cash Conversion Cycle52.4926.777472.7462
Slightly volatile
Days Of Inventory Outstanding0.00.045.2002
Slightly volatile
Days Of Sales Outstanding64.9439.120370.1117
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.911.75471.0513
Slightly volatile
Fixed Asset Turnover13.1511.74914.9293
Slightly volatile
Debt Ratio0.00430.00450.1451
Slightly volatile
Price Sales Ratio6.276.59861.1898
Slightly volatile
Asset Turnover0.960.91020.4358
Slightly volatile
Gross Profit Margin0.580.55880.5823
Slightly volatile

Blend Labs Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.7 B4.1 B4.5 B
Slightly volatile
Enterprise ValueB5.2 B4.6 B
Slightly volatile

Blend Fundamental Market Drivers

Forward Price Earnings113.6364
Cash And Short Term Investments98.5 M

Blend Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Blend Labs Financial Statements

Blend Labs stakeholders use historical fundamental indicators, such as Blend Labs' revenue or net income, to determine how well the company is positioned to perform in the future. Although Blend Labs investors may analyze each financial statement separately, they are all interrelated. For example, changes in Blend Labs' assets and liabilities are reflected in the revenues and expenses on Blend Labs' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Blend Labs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue19.2 M13 M
Total Revenue162 M171.5 M
Cost Of Revenue71.5 M85.3 M
Stock Based Compensation To Revenue 0.17  0.21 
Sales General And Administrative To Revenue 0.31  0.51 
Research And Ddevelopement To Revenue 0.28  0.27 
Capex To Revenue 0.06  0.06 
Revenue Per Share 0.64  0.53 
Ebit Per Revenue(0.31)(0.32)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Blend Labs is a strong investment it is important to analyze Blend Labs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blend Labs' future performance. For an informed investment choice regarding Blend Stock, refer to the following important reports:
Check out the analysis of Blend Labs Correlation against competitors.
For information on how to trade Blend Stock refer to our How to Trade Blend Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blend Labs. If investors know Blend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blend Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.24)
Revenue Per Share
0.638
Quarterly Revenue Growth
0.147
Return On Assets
(0.14)
Return On Equity
(0.53)
The market value of Blend Labs is measured differently than its book value, which is the value of Blend that is recorded on the company's balance sheet. Investors also form their own opinion of Blend Labs' value that differs from its market value or its book value, called intrinsic value, which is Blend Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blend Labs' market value can be influenced by many factors that don't directly affect Blend Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blend Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blend Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blend Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.