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Blend Labs (BLND) Cost of Revenue (2020 - 2025)

Blend Labs has reported Cost of Revenue over the past 6 years, most recently at $10.4 million for Q4 2025.

  • Quarterly results put Cost of Revenue at $10.4 million for Q4 2025, up 141.54% from a year ago — trailing twelve months through Dec 2025 was $32.4 million (up 1.65% YoY), and the annual figure for FY2025 was $32.4 million, changed 0.38%.
  • Cost of Revenue for Q4 2025 was $10.4 million at Blend Labs, up from $7.9 million in the prior quarter.
  • Over the last five years, Cost of Revenue for BLND hit a ceiling of $40.3 million in Q2 2022 and a floor of $4.3 million in Q4 2024.
  • Median Cost of Revenue over the past 5 years was $12.7 million (2021), compared with a mean of $15.8 million.
  • Biggest five-year swings in Cost of Revenue: plummeted 67.3% in 2023 and later skyrocketed 141.54% in 2025.
  • Blend Labs' Cost of Revenue stood at $28.0 million in 2021, then increased by 1.41% to $28.4 million in 2022, then plummeted by 67.3% to $9.3 million in 2023, then plummeted by 53.57% to $4.3 million in 2024, then skyrocketed by 141.54% to $10.4 million in 2025.
  • The last three reported values for Cost of Revenue were $10.4 million (Q4 2025), $7.9 million (Q3 2025), and $7.0 million (Q2 2025) per Business Quant data.