Security
BLND · Blend Labs, Inc.
BLNDNYSECommon stockCurrentCIK 1855747Updated Sep 24, 2026
BLND price & chart
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Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
4 filing
4 filing
144 filing
SCHEDULE 13G/A filing
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
144 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 187,473,000Source | 178,012,000Source | 206,065,000Source | 432,764,000Source |
| Property, Plant and Equipment, NetUSD | 16,671,000Source | 12,321,000Source | 3,945,000Source | 5,742,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 77,000Source | 2,081,000Source | 2,108,000Source | 2,127,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 56,244,000Source | 42,243,000Source | 30,962,000Source | 124,199,000Source |
| Assets, CurrentUSD | 139,473,000Source | 135,170,000Source | 169,836,000Source | 396,096,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 15,441,000Source | 19,329,000Source | 14,569,000Source | 19,231,000Source |
| Operating Lease, Right-of-Use AssetUSD | 262,000Source | 1,469,000Source | 8,565,000Source | 11,668,000Source |
| Other Assets, NoncurrentUSD | 21,930,000Source | 24,103,000Source | 11,867,000Source | 10,082,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 58,781,000Source | 40,330,000Source | 179,118,000Source | 268,843,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,000Source | 2,000Source | 2,000Source | 2,000Source |
| Additional Paid in CapitalUSD | 1,376,752,000Source | 1,328,015,000Source | 1,321,944,000Source | 1,286,815,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,394,492,000Source | -1,384,975,000Source | -1,341,630,000Source | -1,162,937,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 565,000Source | 602,000Source | 441,000Source | -708,000Source |
| Stockholders' Equity Attributable to ParentUSD | -17,173,000Source | -56,356,000Source | -19,243,000Source | 123,172,000Source |
| Liabilities and EquityUSD | 187,473,000Source | 178,012,000Source | 206,065,000Source | 432,764,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 57,587,000Source | 38,949,000Source | 31,574,000Source | 35,473,000Source |
| Operating Lease, Liability, CurrentUSD | — | 3,031,000Source | 4,379,000Source | 4,089,000Source |
| Accounts Payable, CurrentUSD | 2,666,000Source | 2,417,000Source | 2,170,000Source | 1,260,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 801,000Source | 6,982,000Source | 11,091,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | 0Source |
| Other Liabilities, NoncurrentUSD | 291,000Source | 580,000Source | 2,228,000Source | 5,478,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | 4,910,000Source | 2,644,000Source | 3,051,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 0Source |
| Long-term DebtUSD | — | 0Source | 138,334,000Source | 216,801,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | 52,375,000Source | 46,190,000Source | 40,749,000Source |
| Short-term InvestmentsUSD | 48,574,000Source | 56,233,000Source | 105,960,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -6,983,000Source | -43,419,000Source | -179,879,000Source | -763,810,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 3,288,000Source | 2,289,000Source | 2,464,000Source | 10,766,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 28,955,000Source | 28,077,000Source | 46,021,000Source | 109,702,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | 206,000Source | -67,000Source | 910,000Source | -4,900,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 34,000Source | -34,000Source | -2,864,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 11,512,000Source | -13,044,000Source | -127,621,000Source | -190,418,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 18,536,000Source | 45,395,000Source | 127,306,000Source | 99,431,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | 283,000Source | — | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 9,369,000Source | 18,115,000Source | 6,171,000Source | — |
| Payments for Repurchase of Common StockUSD | 24,870,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -32,587,000Source | -21,062,000Source | -90,958,000Source | 2,220,000Source |
| Repayments of Long-term DebtUSD | 0Source | 144,500,000Source | 85,055,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,539,000Source | 11,284,000Source | -91,304,000Source | -88,883,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 43,578,000Source | 49,537,000Source | 38,253,000Source | 129,557,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 6,150,000Source | 27,814,000Source | 25,056,000Source |
| Income Taxes Paid, NetUSD | 389,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 0Source | -5,000Source | -31,000Source | -116,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 28,955,000Source | 28,077,000Source | 46,021,000Source | 109,702,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 0Source | 690,000Source | 2,968,000Source | 3,058,000Source |
| Amortization of Intangible AssetsUSD | — | 0Source | 0Source | 8,400,000Source |
| Capitalized Computer Software, AmortizationUSD | 3,100,000Source | 500,000Source | — | — |
| DepreciationUSD | 200,000Source | 1,800,000Source | 2,400,000Source | 2,300,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 16,580,000Source | 4,417,000Source | 0Source | 2,884,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | — | 4,400,000Source | — | — |
| Gain (Loss) on Disposition of BusinessUSD | 0Source | 9,213,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -5,476,000Source | -3,970,000Source | — |
| General and Administrative ExpenseUSD | 50,115,000Source | 50,557,000Source | 70,688,000Source | 139,120,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 0Source | 0Source | 449,680,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 287,228,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | 0Source | 0Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | 162,452,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -1,127,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -5,856,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 249,000Source | 109,000Source | 94,000Source | -2,241,000Source |
| InterestExpenseNonoperatingUSD | 0Source | 6,747,000Source | — | — |
| Investment Income, InterestUSD | 3,700,000Source | 5,300,000Source | 11,400,000Source | 2,400,000Source |
| Net Income (Loss) Attributable to ParentUSD | -6,801,000Source | -43,345,000Source | -178,693,000Source | -720,172,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -74,000Source | -1,186,000Source | -43,638,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -25,887,000Source | -60,483,000Source | -185,320,000Source | -768,610,000Source |
| Operating ExpensesUSD | 112,902,000Source | 140,164,000Source | 237,357,000Source | 835,828,000Source |
| Other Nonoperating Income (Expense)USD | 20,857,000Source | 13,057,000Source | 7,248,000Source | 4,916,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 46,727,000Source | 53,150,000Source | 310,450,000Source | 247,036,000Source |
| Proceeds from Stock Options ExercisedUSD | 1,652,000Source | 1,658,000Source | 268,000Source | 2,611,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 123,585,000Source | 162,019,000Source | 156,846,000Source | 235,201,000Source |
| Cost of RevenueUSD | 32,418,000Source | 71,475,000Source | 75,711,000Source | 145,550,000Source |
| Operating Income (Loss)USD | -21,735,000Source | -49,620,000Source | -156,222,000Source | -746,177,000Source |
| Other Nonoperating Income (Expense)USD | 20,857,000Source | 13,057,000Source | 7,248,000Source | 4,916,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -878,000Source | -43,310,000Source | -179,785,000Source | -766,051,000Source |
| Income Tax Expense (Benefit)USD | 249,000Source | 109,000Source | 94,000Source | -2,241,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -74,000Source | -1,186,000Source | -43,638,000Source |
| Net Income (Loss) Attributable to ParentUSD | -6,801,000Source | -43,345,000Source | -178,693,000Source | -720,172,000Source |
| Earnings Per Share, BasicUSD per share | -0.1Source | -0.24Source | -0.76Source | -3.28Source |
| Earnings Per Share, DilutedUSD per share | -0.1Source | -0.24Source | -0.76Source | -3.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 258,949,000Source | 253,921,000Source | 245,206,000Source | 234,161,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 258,949,000Source | 253,921,000Source | 245,206,000Source | 234,161,000Source |
| Interest Expense (non-operating)USD | 0Source | 6,747,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 0Source | 0Source | 8,400,000Source |
| Capitalized Computer Software, AmortizationUSD | 3,100,000Source | 500,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 249,000Source | 75,000Source | 128,000Source | 623,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | — | 4,400,000Source | — | — |
| General and Administrative ExpenseUSD | 50,115,000Source | 50,557,000Source | 70,688,000Source | 139,120,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 287,228,000Source |
| Gross ProfitUSD | 91,167,000Source | 90,544,000Source | 81,135,000Source | 89,651,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -1,127,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.07Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.07Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -5,856,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 30,811,000Source | 24,790,000Source |
| Investment Income, InterestUSD | 3,700,000Source | 5,300,000Source | 11,400,000Source | 2,400,000Source |
| Investment Income, NetUSD | 3,700,000Source | 5,400,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -25,887,000Source | -60,483,000Source | -185,320,000Source | -768,610,000Source |
| Operating ExpensesUSD | 112,902,000Source | 140,164,000Source | 237,357,000Source | 835,828,000Source |
| Research and Development ExpenseUSD | 32,843,000Source | 46,087,000Source | 81,591,000Source | 138,094,000Source |
| Selling and Marketing ExpenseUSD | 29,073,000Source | 36,049,000Source | 60,130,000Source | 85,248,000Source |