BLND
Blend Labs, Inc.
NYSE · CIK 1855747
Last close1.03
Daily change-0.02 (-1.90%)
10 Years gain-95.07%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
BLND · STANDARD
SIC 7370 · Services-Computer Programming, Data Processing, Etc. · Fiscal year end 1231
Fundamental
48.9Momentum
100.0Acceleration
100.0Confidence
84.0Annual Revenue7
Quarterly Revenue20
Annual CFO7
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth3.0 / 25
Quality20.9 / 25
Capital Efficiency0.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics7.5 / 10
Forward Indicators2.5 / 5
Signals
Gross margin expansionGross margin improved by 1.8277 percentage points.
Operating leverageOperating margin improved by 17.8639 percentage points.
Share count reductionDiluted share count declined 7.4464%.
Key Metrics
Revenue Growth TTM7.26%OK
Revenue CAGR 3Y-19.31%OK
Gross Margin74.33%OK
Operating Margin-13.03%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROICn/aMISSING
Incremental Operating Margin 3Yn/aNOT_MEANINGFUL
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-7.45%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $123.59M | $91.17M | -$21.74M | $11.51M | -$81,000.00 | 73.77% | -17.59% | -0.07% | n/a | 258.95M |
| 2025 FY Dec 31, 2024 | $115.76M | $83.22M | -$48.85M | -$13.04M | -$22.79M | 71.89% | -42.19% | -19.68% | n/a | 253.92M |
| 2025 FY Dec 31, 2023 | $109.55M | $76.46M | -$143.61M | -$127.62M | -$127.66M | 69.79% | -131.09% | -116.53% | n/a | 245.21M |
| 2024 FY Dec 31, 2022 | $235.20M | $89.65M | -$746.18M | -$190.42M | -$192.49M | 38.12% | -317.25% | -81.84% | -276.05% | 234.16M |
| 2023 FY Dec 31, 2021 | $234.50M | $115.99M | -$197.24M | -$127.50M | n/a | 49.46% | -84.11% | n/a | -68.82% | 131.99M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $129.00M | sum latest 4 fiscal quarters Revenue | OK | 0001855747-26-000016, 0001855747-26-000057 |
| Revenue Growth TTM | 7.26% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001855747-26-000016, 0001855747-26-000057 |
| Revenue CAGR 3Y | -19.31% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001855747-26-000016 |
| Revenue CAGR 5Y | 5.18% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001855747-26-000016 |
| Gross Profit CAGR 3Y | 0.56% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001855747-26-000016 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001855747-26-000016, 0001855747-26-000057 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 74.33% | Gross Profit / Revenue | OK | 0001855747-26-000016, 0001855747-26-000057 |
| Operating Margin | -13.03% | Operating Income / Revenue | OK | 0001855747-26-000016, 0001855747-26-000057 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001855747-26-000057 |
| Current Ratio | 1.62x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $0.54 | Revenue / Diluted Shares | OK | 0001855747-26-000016, 0001855747-26-000057 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |
| Dividend Payout Ratio | n/a | Cash dividends paid / Net income | NOT_MEANINGFUL | 0001855747-26-000016 |