Income Statement
BLEND LABS, INC.
BLND
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
123.59 | 162.02 | 156.85 | 235.20 | 234.50 |
|
Cost of Revenue
|
32.42 | 38.93 | 75.71 | 145.55 | 118.51 |
|
Gross Profit
|
91.17 | 90.54 | 81.14 | 89.65 | 115.99 |
|
Operating Expenses
|
112.90 | 140.16 | 237.36 | 835.83 | 313.23 |
|
Research & Development
|
32.84 | 46.09 | 81.59 | 138.09 | 92.22 |
|
Selling, General & Administrative
|
50.12 | 50.56 | 70.69 | 139.12 | 128.80 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
-21.74 | -49.62 | -156.22 | -746.18 | -197.24 |
|
Non-Operating Income
|
-20.86 | -6.31 | 23.56 | 19.87 | 10.79 |
|
Interest Income
|
3.70 | 5.30 | 11.40 | 2.40 | - |
|
Interest Expense
|
- | - | 30.81 | 24.79 | 11.28 |
|
Other Non-Op Income / Expense
|
20.86 | 13.06 | 7.25 | 4.92 | 0.49 |
|
Income Before Tax
|
-0.88 | -43.31 | -179.79 | -766.05 | -208.03 |
|
Income Tax Expense
|
5.92 | 0.04 | -1.09 | -45.88 | -38.12 |
|
Non-Controlling Interest
|
0.00 | -0.07 | -1.19 | -43.64 | 0.77 |
|
Net Income
|
-6.80 | -43.35 | -178.69 | -720.17 | -169.91 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
-18.45 | -47.33 | -153.76 | -735.41 | -186.64 |
|
Earnings Per Share (Basic)
|
-0.10 | -0.24 | -0.76 | -3.28 | -1.30 |
|
Diluted EPS
|
-0.10 | -0.24 | -0.76 | -3.28 | -1.30 |
|
Weighted Average Shares
|
258.95 | 253.92 | 245.21 | 234.16 | 131.99 |
|
Diluted Weighted Avg Shares
|
258.95 | 253.92 | 245.21 | 234.16 | 131.99 |
|
Comprehensive Income
|
-6.81 | -43.18 | -177.54 | -720.07 | -170.72 |