For the quarter ending 2026-03-31, BLND made $30,843K in revenue. -$12,780K in net income. Net profit margin of -41.44%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 30,843 | 32,432 | 32,860 | 31,523 |
| Software | - | - | - | 6,505 |
| Professional Services | - | - | - | 1,713 |
| Total cost of revenue | 7,478 | 7,984 | 8,404 | 8,218 |
| Gross profit | 23,365 | 24,448 | 24,456 | 23,305 |
| Research and development | 9,413 | 9,469 | 8,522 | 7,332 |
| Sales and marketing | 6,198 | 7,062 | 7,873 | 6,950 |
| General and administrative | 12,153 | 12,393 | 12,879 | 13,619 |
| Restructuring | 662 | 31 | 93 | 28 |
| Total operating expenses | 28,426 | 28,955 | 29,367 | 27,929 |
| Loss from operations | -5,061 | -4,507 | -4,911 | -4,624 |
| Interest expense | - | 0 | 0 | 0 |
| Other income (expense), net | 40 | 1,377 | 17,348 | 1,018 |
| Loss before income taxes | -5,021 | -3,130 | 12,437 | -3,606 |
| Income tax expense | 63 | 151 | 27 | 41 |
| Loss before equity in losses of equity method investees | -5,084 | - | - | - |
| Equity in losses of equity method investees, net of tax | -381 | - | - | - |
| Loss from continuing operations | -5,465 | -3,281 | 12,410 | -3,647 |
| Revenue | - | 2,247* | - | - |
| Cost of revenue | - | 5,130* | - | - |
| Research and development | - | 0* | - | - |
| Sales and marketing | - | 378* | - | - |
| General and administrative | - | 1,160* | - | - |
| Impairment of intangible asset | - | -4,000* | - | - |
| Restructuring | - | -244* | - | - |
| Loss from operations | - | -177* | - | - |
| Other income (expense), net | - | 0* | - | - |
| Loss before income taxes | - | -177* | - | - |
| Income tax benefit | - | 0* | - | - |
| Loss from discontinued operations (note 15) | -2,584 | -177 | 122 | -2,998 |
| Net loss | -8,049 | -3,458 | 12,532 | -6,645 |
| Less net loss attributable to noncontrolling interest included in discontinued operations | 0 | 0 | 0 | 0 |
| Net loss attributable to blend labs, inc | -8,049 | -3,458 | 12,532 | -6,645 |
| Less accretion of redeemable noncontrolling interest to redemption value from discontinued operations | 0 | 0 | 0 | 0 |
| Less accretion of series a redeemable convertible preferred stock to redemption value | 4,731 | 4,696 | 4,558 | 4,376 |
| Net loss attributable to blend labs, inc. common stockholders, basic | -12,780 | -8,154 | 7,974 | -11,021 |
| Basic EPS | -0.05 | -0.032 | 0.03 | - |
| Diluted EPS | -0.05 | -0.033 | 0.02 | - |
| Basic Average Shares | 255,630,000 | 258,122,000 | 259,631,000 | 259,211,000 |
| Diluted Average Shares | 255,630,000 | 249,034,000 | 268,719,000 | 259,211,000 |
Blend Labs, Inc. (BLND)
Blend Labs, Inc. (BLND)