Blend Labs (BLND) Asset Writedowns and Impairment (2022)
Blend Labs (BLND) posted Asset Writedowns and Impairment of $57.9 million for Q3 2022, down 85.23% on a QoQ basis from $391.8 million in Q2 2022.
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Blend Labs (BLND) Asset Writedowns and Impairment (2022) Analysis & Trends
Blend Labs has reported Asset Writedowns and Impairment for 1 years, with the latest figure at $57.9 million in Q3 2022.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $57.9 million in Q3 2022; TTM through Sep 2023 was $57.9 million, a 87.13% decrease from a year earlier, with the FY2022 full-year figure at $449.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment was $57.9 million for Q3 2022 at Blend Labs, down from $391.8 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $391.8 million in Q2 2022, with the low at $57.9 million in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |