Blend Labs (BLND) Capital Expenditures (2020 - 2026)
Blend Labs' Capital Expenditures was $825,000 in Q2 2026, down 77.1% from $3.6 million a year earlier and down 26.1% from the prior quarter.
Blend Labs (BLND) Capital Expenditures (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Blend Labs' Capital Expenditures was $5.62 million through Jun 30, 2026, down 59.4% year-over-year; for FY2025, it was $11.59 million, up 19.0% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 54.4% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $9.74 million in FY2024, $35,000 in FY2023 (-98.3%), $2.07 million in FY2022 (+9.7%) and $1.89 million in FY2021 (+42.7%).
- The Q2 2026 figure marks the lowest quarterly Capital Expenditures since Q4 2023.
- Compared with a year earlier, Capital Expenditures has declined for four straight quarters, with an average decline of 2.2% over the last six quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2024 (growth of 989.4%); the worst was Q3 2023 (a decline of 93.0%).
- Per Business Quant data, BLND's Capital Expenditures in the three quarters before Q2 2026 was $1.12 million (Q1 2026), $1.56 million (Q4 2025) and $2.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 208.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 53.21 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 1.33 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 54.44 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 498.00 Mn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 235.66 Mn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 30,000.00 |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 2.12 Mn |
| 10 | Blend Labs | 257.80 Mn | 6.80 Mn | 24.89 Mn | 825,000.00 |
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 |
Blend Labs Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BLND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();