Blend Labs (BLND) EBITDA (2020 - 2026)
Blend Labs' (BLND) quarterly EBITDA came in at -$5.1 million in Q1 2026, up 36.58% year-on-year from -$3.7 million in Q1 2025, and down 41.29% quarter-over-quarter from -$3.6 million in Q4 2025.
Blend Labs (BLND) EBITDA (2020 - 2026) Analysis & Trends
Blend Labs' EBITDA history runs 7 years deep, the most recent figure standing at -$5.1 million for Q1 2026.
- On a quarterly basis, EBITDA rose 36.58% year-over-year to -$5.1 million in Q1 2026; TTM through Mar 2026 was -$18.8 million, a 47.15% increase from a year earlier, with the FY2025 full-year figure at -$21.7 million, up 55.5% from the prior year.
- EBITDA declined to -$5.1 million in Q1 2026 per BLND's latest filing, from -$3.6 million in the prior quarter.
- Across five years, EBITDA topped out at -$3.3 million in Q4 2024 and bottomed at -$471.4 million in Q2 2022.
- The 5-year median for EBITDA is -$13.1 million (2024), against an average of -$56.8 million.
- Across the five-year window, EBITDA sank 1089.42% in 2022 and jumped 92.21% in 2023, its largest moves.
- Year by year, EBITDA stood at -$75.2 million in 2022, then surged by 87.69% to -$9.3 million in 2023, then jumped by 64.64% to -$3.3 million in 2024, then dropped by 9.47% to -$3.6 million in 2025, then sank by 41.29% to -$5.1 million in 2026.
- Per Business Quant, the three latest BLND EBITDA figures stand at -$5.1 million (Q1 2026), -$3.6 million (Q4 2025), and -$5.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 145.23 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.92 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.35 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 162.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -1.37 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -326.15 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 431.33 Mn |
| 10 | Blend Labs | 420.47 Mn | 361.46 Mn | 23.37 Mn | -5.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.06 Mn |
| Dec 31, 2025 | -3.58 Mn |
| Sep 30, 2025 | -5.35 Mn |
| Jun 30, 2025 | -4.83 Mn |
| Mar 31, 2025 | -7.98 Mn |
| Dec 31, 2024 | -3.27 Mn |
| Sep 30, 2024 | -11.28 Mn |
| Jun 30, 2024 | -13.07 Mn |
| Mar 31, 2024 | -21.22 Mn |
| Dec 31, 2023 | -9.25 Mn |
| Sep 30, 2023 | -36.20 Mn |
| Jun 30, 2023 | -36.72 Mn |
| Mar 31, 2023 | -61.44 Mn |
| Dec 31, 2022 | -75.16 Mn |
| Sep 30, 2022 | -129.86 Mn |
| Jun 30, 2022 | -471.42 Mn |
| Mar 31, 2022 | -69.75 Mn |
| Dec 31, 2021 | -59.87 Mn |
| Sep 30, 2021 | -70.54 Mn |
| Jun 30, 2021 | -39.63 Mn |