Blend Labs (BLND) Cash & Equivalents (2020 - 2026)
Blend Labs (BLND) posted Cash & Equivalents of $23.3 million for Q2 2026, down 37.72% on a QoQ basis from $37.4 million in Q1 2026, and down 36.13% year-over-year from $36.5 million in Q2 2025.
Analysis
Blend Labs (BLND) Cash & Equivalents (2020 - 2026) Analysis & Trends
Blend Labs has reported Cash & Equivalents for 7 years, with the latest figure at $23.3 million in Q2 2026.
- On a quarterly basis, Cash & Equivalents fell 36.13% year-over-year to $23.3 million in Q2 2026; TTM through Jun 2026 was $23.3 million, a 36.13% decrease from a year earlier, with the FY2025 full-year figure at $45.1 million, up 18.65% from the prior year.
- Cash & Equivalents was $23.3 million for Q2 2026 at Blend Labs, down from $37.4 million in the prior quarter.
- The five-year high for Cash & Equivalents was $167.7 million in Q1 2022, with the low at $23.3 million in Q2 2026.
- Average Cash & Equivalents over 5 years is $66.1 million, with a median of $48.4 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Cash & Equivalents plunged 81.08% in 2023, then surged 67.94% in 2024.
- Over 5 years, Cash & Equivalents stood at $124.2 million in 2022, then slumped by 81.08% to $23.5 million in 2023, then jumped by 61.73% to $38.0 million in 2024, then increased by 18.65% to $45.1 million in 2025, then plunged by 48.31% to $23.3 million in 2026.
- The last three Cash & Equivalents figures came in at $23.3 million (Q2 2026), $37.4 million (Q1 2026), and $45.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 455.96 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | 249.26 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | 607.06 Mn |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | 480.37 Mn |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | 166.80 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 173.31 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | 23.31 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | 181.63 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | 961.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.31 Mn |
| Mar 31, 2026 | 37.43 Mn |
| Dec 31, 2025 | 45.10 Mn |
| Sep 30, 2025 | 55.02 Mn |
| Jun 30, 2025 | 36.50 Mn |
| Mar 31, 2025 | 56.24 Mn |
| Dec 31, 2024 | 38.01 Mn |
| Sep 30, 2024 | 50.57 Mn |
| Jun 30, 2024 | 41.76 Mn |
| Mar 31, 2024 | 77.58 Mn |
| Dec 31, 2023 | 23.50 Mn |
| Sep 30, 2023 | 84.56 Mn |
| Jun 30, 2023 | 34.98 Mn |
| Mar 31, 2023 | 46.20 Mn |
| Dec 31, 2022 | 124.20 Mn |
| Sep 30, 2022 | 114.38 Mn |
| Jun 30, 2022 | 132.68 Mn |
| Mar 31, 2022 | 167.67 Mn |
| Dec 31, 2021 | 213.08 Mn |
| Sep 30, 2021 | 276.06 Mn |