Blend Labs (BLND) Capital Expenditures (2020 - 2026)
Blend Labs (BLND) posted Capital Expenditures of $825000.0 for Q2 2026, down 26.14% on a QoQ basis from $1.1 million in Q1 2026, and down 77.08% year-over-year from $3.6 million in Q2 2025.
Analysis
Blend Labs (BLND) Capital Expenditures (2020 - 2026) Analysis & Trends
Blend Labs has reported Capital Expenditures for 7 years, with the latest figure at $825000.0 in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 77.08% year-over-year to $825000.0 in Q2 2026; TTM through Jun 2026 was $5.6 million, a 59.36% decrease from a year earlier, with the FY2025 full-year figure at $11.6 million, up 19.01% from the prior year.
- Capital Expenditures was $825000.0 for Q2 2026 at Blend Labs, down from $1.1 million in the prior quarter.
- The five-year high for Capital Expenditures was $4.3 million in Q1 2025, with the low at -$470000.0 in Q4 2023.
- Average Capital Expenditures over 5 years is $1.4 million, with a median of $1.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures plunged 202.62% in 2023, then surged 10954.84% in 2024.
- Over 5 years, Capital Expenditures stood at $458000.0 in 2022, then slumped by 202.62% to -$470000.0 in 2023, then soared by 631.49% to $2.5 million in 2024, then slumped by 37.59% to $1.6 million in 2025, then plunged by 47.08% to $825000.0 in 2026.
- The last three Capital Expenditures figures came in at $825000.0 (Q2 2026), $1.1 million (Q1 2026), and $1.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 4.19 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | 3.45 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 | 289,000.00 |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | 825,000.00 |
| 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 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 825,000.00 |
| Mar 31, 2026 | 1.12 Mn |
| Dec 31, 2025 | 1.56 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 3.60 Mn |
| Mar 31, 2025 | 4.31 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 3.43 Mn |
| Jun 30, 2024 | 1.85 Mn |
| Mar 31, 2024 | 1.96 Mn |
| Dec 31, 2023 | -470,000.00 |
| Sep 30, 2023 | 31,000.00 |
| Jun 30, 2023 | 170,000.00 |
| Mar 31, 2023 | 304,000.00 |
| Dec 31, 2022 | 458,000.00 |
| Sep 30, 2022 | 446,000.00 |
| Jun 30, 2022 | 896,000.00 |
| Mar 31, 2022 | 268,000.00 |
| Dec 31, 2021 | 801,000.00 |
| Sep 30, 2021 | 560,000.00 |