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
DateValue
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