Blend Labs
Quarterly Financials
| Values in thousands | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
Revenue | $32,860 | $31,523 | $26,770 | $41,408 |
Gross Profit | 24,456 | 23,305 | 18,958 | 24,729 |
EBITDA | 12,466 | -2,844 | -6,095 | 289 |
EBIT | 12,437 | -3,606 | -6,579 | -682 |
Net Income | 12,532 | -6,645 | -10,484 | -2,336 |
Net Change In Cash | 32,860 | 31,523 | 26,770 | 41,408 |
Free Cash Flow | -5,762 | -10,101 | 15,803 | -7,167 |
Cash | 55,021 | 36,499 | 56,244 | 42,243 |
Basic Shares | 268,719 | 259,211 | 258,832 | 256,735 |
Annual Financials
| Values in thousands | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
Revenue | $162,019 | $156,846 | $235,201 | $234,495 |
Gross Profit | 90,544 | 81,135 | 89,651 | 115,989 |
EBITDA | -31,744 | -143,214 | -726,845 | -182,935 |
EBIT | -36,563 | -148,974 | -741,261 | -196,749 |
Net Income | -49,604 | -185,320 | -768,610 | -171,343 |
Net Change In Cash | 162,019 | 156,846 | 235,201 | 234,495 |
Cost of Revenue | -88,767 | |||
Free Cash Flow | -22,888 | -128,208 | -192,486 | -129,390 |
Cash | 42,243 | 30,962 | 124,199 | 213,082 |
Basic Shares | 253,921 | 245,206 | 234,161 | 230,324 |
Earnings Calls
| Quarter | EPS |
|---|---|
2025-12-31 | $0 |
2025-09-30 | $0.02 |
2025-06-30 | -$0.04 |
2025-03-31 | $0.007 |
