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 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 | |||
Blend Labs, Inc. (BLND)
Blend Labs, Inc. (BLND)