Blend Labs (BLND) Asset Utilization Ratio (2021 - 2026)
Blend Labs (BLND) posted Asset Utilization Ratio of 0.85 for Q2 2026, up 10.58% on a QoQ basis from 0.77 in Q1 2026, and up 28.55% year-over-year from 0.66 in Q2 2025.
Analysis
Blend Labs (BLND) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Blend Labs has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.85 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 28.55% year-over-year to 0.85 in Q2 2026; TTM through Jun 2026 was 0.85, a 28.55% increase from a year earlier, with the FY2025 full-year figure at 0.71, up 17.8% from the prior year.
- Asset Utilization Ratio was 0.85 for Q2 2026 at Blend Labs, up from 0.77 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.85 in Q2 2026, with the low at 0.25 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.54, with a median of 0.5 recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio soared 202.07% in 2022, then fell 18.04% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.51 in 2022, then dropped by 17.8% to 0.42 in 2023, then surged by 52.15% to 0.64 in 2024, then rose by 7.72% to 0.68 in 2025, then rose by 23.61% to 0.85 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.85 (Q2 2026), 0.77 (Q1 2026), and 0.68 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 0.41 |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | 0.83 |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | 0.31 |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | 0.43 |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 0.38 |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | 0.85 |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | 0.57 |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | 19,086.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.85 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.17 |