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

Blend Labs has reported Cost of Revenue for 7 years, with the latest figure at $6.2 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 13.77% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $28.1 million (down 12.05% YoY), and the FY2025 full-year result was $29.1 million, down 10.66% from the prior year.
• Cost of Revenue for Q1 2026 stood at $6.2 million, down from $7.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $40.3 million in Q2 2022, with the low at -$31.9 million in Q4 2022.
• Average Cost of Revenue over 5 years is $9.1 million, with a median of $7.9 million recorded in 2025.
• Year-over-year, Cost of Revenue slumped 169.33% in 2022 and surged 129.66% in 2024.
• Tracing BLND's Cost of Revenue over 5 years: stood at -$31.9 million in 2022, then advanced by 17.8% to -$26.2 million in 2023, then surged by 129.66% to $7.8 million in 2024, then retreated by 9.26% to $7.1 million in 2025, then retreated by 12.25% to $6.2 million in 2026.
• The last three Cost of Revenue figures came in at $6.2 million (Q1 2026), $7.1 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.

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