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For the year ending 2025-12-31, BLND made $123,585K in revenue. -$25,887K in net income. Net profit margin of -20.95%.

Income Overview

Revenue
$123,585K
Net Income
-$25,887K
Net Profit Margin
-20.95%
EPS
-$0.1
Unit: Thousand (K) dollars
Revenue Breakdown
    • Mortgage Suite
    • Consumer Banking Suite
    • Professional Services

Income Statement
2025-12-31
Total revenue
123,585
Total cost of revenue
32,418
Gross profit
91,167
Research and development
32,843
Sales and marketing
29,073
General and administrative
50,115
Restructuring
871
Total operating expenses
112,902
Loss from operations
-21,735
Interest expense
0
Other income (expense), net
20,857
Loss before income taxes
-878
Income tax expense
249
Loss from continuing operations
-1,127
Revenue
33,396
Cost of revenue
29,643
Research and development
0
Sales and marketing
1,365
General and administrative
5,402
Impairment of intangible asset
2,000
Restructuring
1,205
Loss from operations
-6,219
Other income (expense), net
363
Loss before income taxes
-5,856
Income tax benefit
0
Loss from discontinued operations (note 16)
-5,856
Net loss
-6,983
Less net loss attributable to noncontrolling interest included in discontinued operations
-182
Net loss attributable to blend labs, inc
-6,801
Less accretion of redeemable noncontrolling interest to redemption value from discontinued operations
1,254
Less accretion of series a redeemable convertible preferred stock to redemption value
17,832
Net loss attributable to blend labs, inc. common stockholders, basic
-25,887
Basic EPS
-0.1
Diluted EPS
-0.1
Basic Average Shares
258,949,000
Diluted Average Shares
258,949,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
Net lossattributable to blend labs,...-$25,887K Less accretion ofseries a redeemable...$17,832K Net lossattributable to blend labs,...-$6,801K Less accretion ofredeemable noncontrolling...$1,254K Less net lossattributable to...-$182K Net loss-$6,983K Mortgage Suite$69,223K Consumer Banking Suite$45,223K Loss fromdiscontinued operations...-$5,856K Loss from continuingoperations-$1,127K Software$114,446K Professional Services$9,139K Loss before incometaxes-$5,856K Loss before incometaxes-$878K Income tax expense$249K Other income(expense), net$363K Other income(expense), net$20,857K Total revenue$123,585K Loss from operations-$6,219K Loss from operations-$21,735K Revenue$33,396K Gross profit$91,167K Total cost of revenue$32,418K Cost of revenue$29,643K Total operatingexpenses$112,902K General andadministrative$5,402K Impairment of intangibleasset$2,000K Sales and marketing$1,365K Restructuring$1,205K General andadministrative$50,115K Research and development$32,843K Sales and marketing$29,073K Restructuring$871K

Blend Labs, Inc. (BLND)

Blend Labs, Inc. (BLND)