Blend Labs
Quarterly Financials
| Values in thousands | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
Revenue | $32,368 | $32,860 | $31,523 | $26,770 |
Gross Profit | 24,369 | 24,456 | 23,305 | 18,958 |
EBITDA | -20,651 | 12,466 | -2,844 | -6,095 |
EBIT | -23,195 | 12,437 | -3,606 | -6,579 |
Net Income | -2,581 | 12,532 | -6,645 | -10,484 |
Net Change In Cash | 32,368 | 32,860 | 31,523 | 26,770 |
Free Cash Flow | -21 | -5,762 | -10,101 | 15,803 |
Cash | 43,578 | 55,021 | 36,499 | 56,244 |
Basic Shares | 258,121 | 268,719 | 259,211 | 258,832 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $123,506 | $162,019 | $156,846 | $235,201 |
Gross Profit | 91,088 | 90,544 | 81,135 | 89,651 |
EBITDA | -17,124 | -31,744 | -143,214 | -726,845 |
EBIT | -20,943 | -36,563 | -148,974 | -741,261 |
Net Income | -6,801 | -49,604 | -185,320 | -768,610 |
Net Change In Cash | 123,506 | 162,019 | 156,846 | 235,201 |
Cost of Revenue | -88,767 | |||
Free Cash Flow | -81 | -22,888 | -128,208 | -192,486 |
Cash | 43,578 | 42,243 | 30,962 | 124,199 |
Basic Shares | 258,949 | 253,921 | 245,206 | 234,161 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | $0 |
2025-12-31 | $0.02 |
2025-09-30 | $0.02 |
2025-06-30 | -$0.03 |
