Blend Labs, Inc.

BLND · NYSE
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$32,860$31,523$26,770$41,408
% Growth4.2%17.8%-35.4%
Cost of Goods Sold$8,404$8,218$7,812$16,679
Gross Profit$24,456$23,305$18,958$24,729
% Margin74.4%73.9%70.8%59.7%
R&D Expenses$8,522$7,332$7,520$8,861
G&A Expenses$12,879$13,619$11,224$10,958
SG&A Expenses$20,752$20,569$18,412$17,539
Sales & Mktg Exp.$7,873$6,950$7,188$6,581
Other Operating Expenses$93$28$719$116
Operating Expenses$29,367$27,929$26,651$26,516
Operating Income-$4,911-$4,624-$7,693-$1,787
% Margin-14.9%-14.7%-28.7%-4.3%
Other Income/Exp. Net$17,348$1,018$1,114$1,105
Pre-Tax Income$12,437-$3,606-$6,579-$682
Tax Expense$27$41$30$26
Net Income$12,532-$6,645-$10,484-$2,336
% Margin38.1%-21.1%-39.2%-5.6%
EPS0.03-0.043-0.057-0.025
% Growth170.6%25%-124.1%
EPS Diluted0.02-0.043-0.057-0.025
Weighted Avg Shares Out259,631259,211258,832256,735
Weighted Avg Shares Out Dil268,719259,211258,832256,735
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$0$0$0$0
Depreciation & Amortization$29$762$484$682
EBITDA$12,466-$2,844-$6,095$0
% Margin37.9%-9%-22.8%0%