Blend Labs (BLND) Cost of Revenue (2020 - 2026)

Blend Labs has reported Cost of Revenue for 7 years, with the latest figure at $9.0 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 8.21% year-over-year to $9.0 million in Q2 2026; TTM through Jun 2026 was $33.1 million, a 1.89% increase from a year earlier, with the FY2025 full-year figure at $32.4 million, changed 0.38% from the prior year.
• Cost of Revenue was $9.0 million for Q2 2026 at Blend Labs, up from $7.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $42.7 million in Q1 2022, with the low at -$26.2 million in Q4 2023.
• Average Cost of Revenue over 5 years is $14.5 million, with a median of $8.5 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 292.77% in 2022, then plunged 192.48% in 2023.
• Over 5 years, Cost of Revenue stood at $28.4 million in 2022, then slumped by 192.48% to -$26.2 million in 2023, then surged by 129.66% to $7.8 million in 2024, then climbed by 6.28% to $8.3 million in 2025, then increased by 8.21% to $9.0 million in 2026.
• The last three Cost of Revenue figures came in at $9.0 million (Q2 2026), $7.5 million (Q1 2026), and $8.3 million (Q4 2025), per Business Quant data.