Blend Labs, Inc.
BLND · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $162,019 | $156,846 | $235,201 | $234,495 |
| % Growth | 3.3% | -33.3% | 0.3% | – |
| Cost of Goods Sold | $71,475 | $75,711 | $145,550 | $118,506 |
| Gross Profit | $90,544 | $81,135 | $89,651 | $115,989 |
| % Margin | 55.9% | 51.7% | 38.1% | 49.5% |
| R&D Expenses | $46,087 | $81,591 | $138,094 | $92,216 |
| G&A Expenses | $50,557 | $70,688 | $139,120 | $128,802 |
| SG&A Expenses | $86,606 | $130,818 | $224,368 | $212,879 |
| Sales & Mktg Exp. | $36,049 | $60,130 | $85,248 | $84,077 |
| Other Operating Expenses | $7,471 | $24,948 | $473,366 | $8,136 |
| Operating Expenses | $140,164 | $237,357 | $835,828 | $313,231 |
| Operating Income | -$49,620 | -$156,222 | -$746,177 | -$197,242 |
| % Margin | -30.6% | -99.6% | -317.3% | -84.1% |
| Other Income/Exp. Net | $6,310 | -$23,563 | -$19,874 | -$10,786 |
| Pre-Tax Income | -$43,310 | -$179,785 | -$766,051 | -$208,028 |
| Tax Expense | $109 | $94 | -$2,241 | -$38,886 |
| Net Income | -$49,604 | -$185,320 | -$768,610 | -$171,343 |
| % 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 | 253,921 | 245,206 | 234,161 | 230,324 |
| Weighted Avg Shares Out Dil | 253,921 | 245,206 | 234,161 | 230,324 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $6,747 | $30,811 | $24,790 | $11,279 |
| Depreciation & Amortization | $4,819 | $5,760 | $14,416 | $13,814 |
| EBITDA | -$31,744 | -$143,214 | -$726,845 | -$182,935 |
| % Margin | -19.6% | -91.3% | -309% | -78% |