Blend Labs, Inc.
BLND · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $162 | $157 | $235 | $234 |
| % Growth | 3.3% | -33.3% | 0.3% | – |
| Cost of Goods Sold | $71 | $76 | $146 | $119 |
| Gross Profit | $91 | $81 | $90 | $116 |
| % Margin | 55.9% | 51.7% | 38.1% | 49.5% |
| R&D Expenses | $46 | $82 | $138 | $92 |
| G&A Expenses | $51 | $71 | $139 | $129 |
| SG&A Expenses | $87 | $131 | $224 | $213 |
| Sales & Mktg Exp. | $36 | $60 | $85 | $84 |
| Other Operating Expenses | $7 | $25 | $473 | $8 |
| Operating Expenses | $140 | $237 | $836 | $313 |
| Operating Income | -$50 | -$156 | -$746 | -$197 |
| % Margin | -30.6% | -99.6% | -317.3% | -84.1% |
| Other Income/Exp. Net | $6 | -$24 | -$20 | -$11 |
| Pre-Tax Income | -$43 | -$180 | -$766 | -$208 |
| Tax Expense | $0 | $0 | -$2 | -$39 |
| Net Income | -$50 | -$185 | -$769 | -$171 |
| % Margin | -30.6% | -118.2% | -326.8% | -73.1% |
| EPS | -0.24 | -0.76 | -3.28 | -0.74 |
| % Growth | 68.4% | 76.8% | -343.2% | – |
| EPS Diluted | -0.24 | -0.76 | -3.28 | -0.74 |
| Weighted Avg Shares Out | 254 | 245 | 234 | 230 |
| Weighted Avg Shares Out Dil | 254 | 245 | 234 | 230 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $7 | $31 | $25 | $11 |
| Depreciation & Amortization | $5 | $6 | $14 | $14 |
| EBITDA | -$32 | -$143 | -$727 | -$183 |
| % Margin | -19.6% | -91.3% | -309% | -78% |