Blend Labs, Inc.
BLNDNYSE
$1.81
↑ +1.7%Jul 17 close · end-of-day
Price
1Y↓ -48.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$462.7M
Enterprise Value
$403.7M
P/E
—
P/S
3.6
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$127.6M
Net Income (TTM)
-$5.3M
Free Cash Flow (TTM)
—
Gross Margin
74.9%
Operating Margin
-14.8%
Net Margin
-4.2%
ROE
9.5%
ROIC
—
Debt / Equity
—
Net Cash
$59.0M
Return 1Y
-48.6%
Company profile
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. The company offers white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers.
- CEO
- Nima Ghamsari
- Sector
- Services
- Industry
- Computer Software
- Employees
- 1,690
- Headquarters
- California
- Website
- blend.com
Management & directors
- Tkach OxanaPRINCIPAL ACCOUNTING OFFICER
- Ghamsari NimaHEAD OF BLEND
- Ling WinnieHEAD OF LEGAL AND PEOPLE
- Thomson Matthew ChristopherHead of Revenue
- Venkatramani SrinivasanHead of Product Tech & Cust Op
- Kneafsey BrianHead of Revenue
Roles derived from SEC Form 4 filings.
Earnings
BLND Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$30.8M↑ +14.9%
Diluted EPS-$0.05↓ -16.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $96.0M | $234.5M | $235.2M | $109.5M | $115.8M | $123.6M |
| Gross profit | $61.7M | $116.0M | $89.7M | $76.5M | $83.2M | $91.2M |
| Operating income | -$75.3M | -$197.2M | -$746.2M | -$143.6M | -$48.8M | -$21.7M |
| Net income | -$74.6M | -$169.9M | -$720.2M | -$178.7M | -$43.3M | -$6.8M |
| Diluted EPS | -$1.89 | -$1.30 | -$3.28 | -$0.76 | -$0.24 | -$0.10 |
| Operating cash flow | -$65.0M | -$127.5M | -$190.4M | -$127.6M | -$13.0M | $11.5M |
| Free cash flow | -$66.3M | -$129.2M | — | — | — | — |
| Gross margin | 64.3% | 49.5% | 38.1% | 69.8% | 71.9% | 73.8% |
| Operating margin | -78.4% | -84.1% | -317.3% | -131.1% | -42.2% | -17.6% |
| Net margin | -77.7% | -72.5% | -306.2% | -163.1% | -37.4% | -5.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.7M | $33.1M | $30.1M | $26.8M | $31.6M | $32.7M | $32.4M | $30.8M |
| Gross profit | $20.3M | $24.5M | $22.3M | $19.0M | $23.4M | $24.3M | $24.5M | $23.4M |
| Operating income | -$13.1M | -$11.3M | -$3.3M | -$8.0M | -$4.8M | -$5.3M | -$3.6M | -$5.1M |
| Net income | -$19.4M | -$2.4M | -$825,000.00 | -$9.5M | -$6.8M | $12.1M | -$2.5M | -$8.0M |
| Diluted EPS | -$0.09 | -$0.03 | -$0.03 | -$0.06 | — | $0.02 | — | -$0.05 |
| Operating cash flow | -$6.7M | $2.1M | -$4.6M | $20.1M | -$6.5M | -$3.6M | $1.5M | $7.4M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 70.9% | 74.0% | 74.2% | 70.8% | 73.8% | 74.3% | 75.7% | 75.8% |
| Operating margin | -45.5% | -34.1% | -10.9% | -29.7% | -15.3% | -16.4% | -11.1% | -16.4% |
| Net margin | -67.6% | -7.4% | -2.7% | -35.5% | -21.6% | 37.0% | -7.8% | -26.1% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-15 | Haveli Investments, L.P. | Buy | 650,000 | $1.72 | $1.1M | filing |
| 2026-06-12 | Haveli Investments, L.P. | Buy | 256,928 | $1.70 | $436,160.97 | filing |
| 2026-06-11 | Haveli Investments, L.P. | Buy | 250,000 | $1.74 | $435,125.00 | filing |
| 2026-06-11 | Woersching Eric H. | Option exercise | 50,000 | — | — | filing |
| 2026-06-11 | Sullivan Bryan Edmund | Option exercise | 50,000 | — | — | filing |
| 2026-06-11 | Chen Gerald C. | Option exercise | 50,000 | — | — | filing |
| 2026-06-11 | Lantz Erin N | Option exercise | 50,000 | — | — | filing |
| 2026-06-11 | Mayopoulos Timothy J | Option exercise | 50,000 | — | — | filing |
| 2026-06-10 | Haveli Investments, L.P. | Buy | 723,460 | $1.67 | $1.2M | filing |
| 2026-06-09 | Haveli Investments, L.P. | Buy | 178,677 | $1.70 | $303,875.97 | filing |
| 2026-06-08 | Haveli Investments, L.P. | Buy | 216,798 | $1.70 | $368,166.36 | filing |
| 2026-06-05 | Haveli Investments, L.P. | Buy | 28,299 | $1.60 | $45,278.40 | filing |
| 2026-06-03 | Haveli Investments, L.P. | Buy | 240,307 | $1.56 | $376,056.42 | filing |
| 2026-05-27 | Haveli Investments, L.P. | Buy | 1,600 | $1.49 | $2,390.56 | filing |
| 2026-05-26 | Haveli Investments, L.P. | Buy | 243,805 | $1.46 | $355,735.88 | filing |
| 2026-05-22 | Haveli Investments, L.P. | Buy | 798,223 | $1.48 | $1.2M | filing |
| 2026-05-22 | Tkach Oxana· PRINCIPAL ACCOUNTING OFFICER | Sale | 5,625 | $1.57 | $8,831.25 | filing |
| 2026-05-21 | Haveli Investments, L.P. | Buy | 8,117 | $1.50 | $12,175.50 | filing |
| 2026-05-20 | Ghamsari Nima· HEAD OF BLEND | Tax withholding | 241,701 | $1.48 | $357,717.48 | filing |
| 2026-05-20 | Haveli Investments, L.P. | Buy | 185,611 | $1.50 | $278,082.40 | filing |
| 2026-05-20 | Venkatramani Srinivasan· Head of Product Tech & Cust Op | Tax withholding | 29,372 | $1.48 | $43,470.56 | filing |
| 2026-05-20 | Ling Winnie· HEAD OF LEGAL AND PEOPLE | Tax withholding | 25,385 | $1.48 | $37,569.80 | filing |
| 2026-05-20 | Thomson Matthew Christopher· Head of Revenue | Tax withholding | 24,797 | $1.48 | $36,699.56 | filing |
| 2026-05-20 | Tkach Oxana· PRINCIPAL ACCOUNTING OFFICER | Tax withholding | 10,666 | $1.48 | $15,785.68 | filing |
| 2026-05-20 | Tkach Oxana· PRINCIPAL ACCOUNTING OFFICER | Option exercise | 12,500 | — | — | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.