Income Statement - Blend Labs, Inc. (BLND)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 123.59 | 162.02 | 156.85 | 235.20 | 234.50 | 96.03 | 50.67 |
| Cost of revenue | 32.42 | 71.48 | 75.71 | 145.55 | 118.51 | 34.29 | 19.55 |
| Gross profit | 91.17 | 90.54 | 81.14 | 89.65 | 115.99 | 61.74 | 31.12 |
| Total operating expenses | 112.03 | 140.16 | 237.36 | 835.83 | 313.23 | 137.03 | 112.85 |
| Operating income | -20.86 | -49.62 | -156.22 | -746.18 | -197.24 | -75.29 | -81.72 |
| Non-operating income (net) | 19.99 | 6.31 | -23.56 | -19.87 | -10.79 | 0.70 | 0.28 |
| Income before tax | -0.88 | -43.31 | -179.79 | -766.05 | -208.03 | -74.59 | -81.44 |
| Income tax expense | 0.25 | 0.11 | 0.09 | -2.24 | -38.89 | 0.03 | 0.01 |
| Net income | -8.06 | -49.60 | -185.32 | -768.61 | -171.34 | -74.62 | -81.45 |
Show Quarterly Income Statement
Income Statement - Blend Labs, Inc. (BLND)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 30.84 | 32.43 | 32.86 | 31.52 | 26.77 | 41.41 | 45.18 | 28.70 | 23.84 | 36.10 | 40.59 | 42.82 | 37.34 | 42.79 | 55.35 | 65.54 | 71.52 | 80.99 | 89.57 | 32.06 | 31.88 | 30.63 | 27.88 | 21.92 | 15.60 |
| Cost of revenue | 7.48 | 7.99 | 8.40 | 8.22 | 7.81 | 16.68 | 19.19 | 8.36 | 7.80 | 16.38 | 18.53 | 19.32 | 21.48 | 28.38 | 34.24 | 40.27 | 42.66 | 46.05 | 49.24 | 12.36 | 10.86 | 8.78 | 9.48 | 8.67 | 7.36 |
| Gross profit | 23.37 | 24.45 | 24.46 | 23.31 | 18.96 | 24.73 | 26.00 | 20.34 | 16.04 | 19.73 | 22.06 | 23.49 | 15.85 | 14.41 | 21.11 | 25.27 | 28.87 | 34.95 | 40.33 | 19.70 | 21.02 | 21.85 | 18.40 | 13.26 | 8.25 |
| Total operating expenses | 27.76 | 28.92 | 29.37 | 27.93 | 26.65 | 26.52 | 39.32 | 33.41 | 37.26 | 41.59 | 58.26 | 60.21 | 77.29 | 89.56 | 150.97 | 496.68 | 98.62 | 94.81 | 110.86 | 59.34 | 48.22 | 37.90 | 33.74 | 34.06 | 31.33 |
| Operating income | -4.40 | -4.48 | -4.91 | -4.62 | -7.69 | -1.79 | -13.32 | -13.07 | -21.22 | -21.87 | -36.20 | -36.72 | -61.44 | -75.16 | -129.86 | -471.42 | -69.75 | -59.87 | -70.54 | -39.63 | -27.21 | -16.05 | -15.35 | -20.81 | -23.08 |
| Non-operating income (net) | -1.00 | 1.35 | 17.35 | 1.02 | 1.11 | 1.11 | 10.71 | -6.10 | 0.55 | -8.58 | -5.58 | -4.72 | -4.69 | -5.81 | -2.88 | -5.72 | -5.47 | -5.55 | -5.49 | 0.11 | 0.15 | 0.07 | 0.15 | 0.24 | 0.24 |
| Income before tax | -5.40 | -3.13 | 12.44 | -3.61 | -6.58 | -0.68 | -2.61 | -19.17 | -20.67 | -30.45 | -41.78 | -41.44 | -66.12 | -80.97 | -132.73 | -477.14 | -75.22 | -65.42 | -76.03 | -39.52 | -27.06 | -15.98 | -15.20 | -20.57 | -22.84 |
| Income tax expense | 0.06 | 0.15 | 0.03 | 0.04 | 0.03 | 0.03 | 0.02 | 0.03 | 0.04 | -0.07 | 0.04 | 0.05 | 0.07 | 0.48 | 0.01 | 0.07 | -2.80 | 6.09 | 0.30 | -45.29 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net income | -8.05 | -3.46 | 12.53 | -6.65 | -10.48 | -2.34 | -4.21 | -20.93 | -22.13 | -31.81 | -43.21 | -42.82 | -67.47 | -34.27 | -133.98 | -478.38 | -73.55 | -71.69 | -76.93 | 5.77 | -27.07 | -15.98 | -15.21 | -20.57 | -22.85 |