balance equationreview2024-12-31
Difference 52375000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
Revenue
$33.84M
Fiscal year ended 2026-06-30Operating income
-$1.58M
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30Blend Labs, Inc. (BLND) reported revenue of $33.84M and net income of -$1.48M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Blend Labs, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Computer Programming, Data Processing, Etc..
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.84M | $30.84M | $31.63M | $32.70M | $31.63M | $26.84M | $30.12M | $33.10M | $28.70M | $23.84M |
| Cost of revenue | $8.95M | $7.48M | $8.27M | $8.42M | $8.27M | $7.84M | $7.78M | $8.60M | $8.36M | $7.80M |
| Gross profit | $24.88M | $23.36M | $23.36M | $24.28M | $23.36M | $19.00M | $22.34M | $24.50M | $20.34M | $16.04M |
| Operating income | -$1.58M | -$5.06M | -$4.83M | -$5.35M | -$4.83M | -$7.98M | -$3.27M | -$11.28M | -$13.07M | -$21.22M |
| Net income | -$1.48M | -$8.05M | -$6.85M | $12.10M | -$6.85M | -$9.52M | -$825.00K | -$2.44M | -$19.41M | -$20.67M |
| Research & development | $8.68M | $9.41M | $7.49M | $8.70M | $7.49M | $7.84M | $8.86M | $10.13M | $12.92M | $14.18M |
| Weighted-average diluted shares | shares 239.91M | shares 255.63M | Unavailable | shares 268.72M | shares 259.21M | shares 258.83M | Unavailable | shares 254.91M | shares 253.07M | shares 250.93M |
| Pretax income | -$1.36M | -$5.02M | -$3.81M | $12.00M | -$3.81M | -$6.87M | -$2.20M | -$610.00K | -$19.17M | -$20.67M |
| Income tax expense | $119.00K | $63.00K | $41.00K | $27.00K | $41.00K | $30.00K | $16.00K | $21.00K | $30.00K | $42.00K |
| Diluted EPS | $-0.03 | $-0.05 | Unavailable | $0.02 | $-0.04 | $-0.06 | Unavailable | $-0.03 | $-0.09 | $-0.09 |
| Selling, general & administrative | $17.77M | $18.35M | $20.67M | $20.83M | $20.67M | $18.42M | $16.65M | $20.96M | $20.38M | $22.11M |
| General & administrative | $11.03M | $12.15M | $13.72M | $12.95M | $13.72M | $11.23M | $10.48M | $11.48M | $11.38M | $12.35M |
| Selling & marketing | $6.74M | $6.20M | $6.95M | $7.87M | $6.95M | $7.19M | $6.18M | $9.47M | $9.00M | $9.76M |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $23.31M | $37.43M | $45.06M | $55.02M | $36.50M | $56.24M | $38.01M | $50.57M | $41.76M | $77.58M |
| Total assets | $143.57M | $161.26M | $170.04M | $188.61M | $182.20M | $187.47M | $178.08M | $186.13M | $185.41M | $201.76M |
| Current assets | $75.89M | $93.10M | $99.80M | $115.69M | $126.43M | $139.47M | $135.24M | $146.40M | $142.52M | $159.52M |
| Total liabilities | $48.79M | $52.95M | $41.02M | $47.22M | $55.01M | $58.78M | $40.40M | $47.49M | $48.27M | $189.87M |
| Current liabilities | $46.70M | $51.45M | $39.45M | $45.64M | $52.36M | $57.59M | $39.02M | $45.24M | $41.52M | $42.56M |
| Total equity incl. NCI | -$74.37M | -$55.91M | -$30.47M | -$13.41M | -$23.05M | -$17.17M | -$56.36M | -$49.60M | -$45.47M | -$35.76M |
| Temporary (mezzanine) equity | $169.15M | $164.23M | $159.50M | $154.80M | $150.24M | $145.86M | $141.66M | $137.49M | $133.44M | $0 |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $138.85M |
| Accounts payable | $418.00K | $259.00K | $1.86M | $772.00K | $1.20M | $2.67M | $1.62M | $1.86M | $1.08M | $1.90M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.93M | $7.35M | Unavailable | -$3.64M | -$6.50M | $20.12M | -$4.59M | $2.08M | -$6.67M | -$3.87M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$685.00K | $2.89M | Unavailable | $27.54M | -$10.70M | $3.50M | -$1.89M | $11.75M | -$25.08M | $60.62M |
| Financing cash flow | -$21.34M | -$17.87M | Unavailable | -$6.20M | -$3.65M | -$5.18M | -$6.32M | -$4.23M | -$7.32M | -$3.19M |
| Net change in cash | -$14.12M | -$7.63M | Unavailable | $17.70M | -$20.85M | $18.44M | -$12.80M | $9.59M | -$39.07M | $53.56M |
| Stock-based compensation | $6.98M | $6.78M | Unavailable | $7.80M | $7.58M | $6.10M | $6.05M | $6.55M | $7.30M | $8.04M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $20.40M | $16.84M | Unavailable | $5.02M | $1.55M | $2.57M | $0 | $0 | $0 | $0 |
| Depreciation & amortization | $1.51M | $1.34M | Unavailable | $1.04M | $640.00K | $407.00K | $273.00K | $438.00K | $312.00K | $316.00K |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 73.5% | 75.8% | 73.8% | 74.3% | 73.8% | 70.8% | 74.2% | 74.0% | 70.9% | 67.3% |
| Operating margin | -4.7% | -16.4% | -15.3% | -16.4% | -15.3% | -29.7% | -10.9% | -34.1% | -45.5% | -89.0% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 20.6% | 22.0% | Unavailable | 23.9% | 24.0% | 22.7% | 20.1% | 19.8% | 25.4% | 33.7% |
| Current ratio | 1.62x | 1.81x | 2.53x | 2.53x | 2.41x | 2.42x | 3.47x | 3.24x | 3.43x | 3.75x |
| Revenue YoY growth | 7.0% | 14.9% | 5.0% | -1.2% | 10.2% | 12.6% | Unavailable | -18.4% | -33.0% | -36.1% |
| Net margin | -4.4% | Unavailable | -21.6% | 37.0% | -21.6% | Unavailable | -2.7% | -7.4% | Unavailable | Unavailable |
| R&D / revenue | 25.7% | 30.5% | 23.7% | 26.6% | 23.7% | 29.2% | 29.4% | 30.6% | 45.0% | 59.5% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | 0.2% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BLND in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-16View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
5 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2024-09-30
Difference 50747000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-06-30
Difference 49169000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-03-31
Difference 47656000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2023-12-31
Difference 46190000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.