Blend Labs (BLND) EBITDA Margin (2020 - 2026)
Blend Labs' quarterly EBITDA Margin came in at 25.88% in Q1 2026, up 1038.0% year-on-year from 2.27% in Q1 2025, and down 236.82% quarter-over-quarter from 7.68% in Q4 2025.
Blend Labs has reported EBITDA Margin for 7 years, with the latest figure at 25.88% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 1038.0% year-over-year to 25.88%; the trailing twelve-month figure through Mar 2026 stood at 4.1% (up 2319.0% YoY), and the FY2025 full-year result was 5.51%, up 3186.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 25.88%, down from 7.68% in the prior quarter.
- The five-year high for EBITDA Margin was 263.85% in Q4 2023, with the low at 674.1% in Q2 2022.
- Average EBITDA Margin over 5 years is 84.22%, with a median of 67.78% recorded in 2024.
- Year-over-year, EBITDA Margin sank 69206 bps in 2022 and surged 57596 bps in 2023.
- Tracing BLND's EBITDA Margin over 5 years: stood at 84.97% in 2022, then surged by 411 bps to 263.85% in 2023, then plunged by 101 bps to 3.53% in 2024, then sank by 118 bps to 7.68% in 2025, then plunged by 237 bps to 25.88% in 2026.
- The last three EBITDA Margin figures came in at 25.88% (Q1 2026), 7.68% (Q4 2025), and 37.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.49% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.12% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Blend Labs | 375.78 Mn | 316.77 Mn | 23.37 Mn | -25.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.88% |
| Dec 31, 2025 | -7.68% |
| Sep 30, 2025 | 37.12% |
| Jun 30, 2025 | -21.81% |
| Mar 31, 2025 | -36.27% |
| Dec 31, 2024 | -3.53% |
| Sep 30, 2024 | -6.54% |
| Jun 30, 2024 | -67.78% |
| Mar 31, 2024 | -87.07% |
| Dec 31, 2023 | 263.85% |
| Sep 30, 2023 | -102.17% |
| Jun 30, 2023 | -98.13% |
| Mar 31, 2023 | -175.14% |
| Dec 31, 2022 | -84.97% |
| Sep 30, 2022 | -238.21% |
| Jun 30, 2022 | -674.10% |
| Mar 31, 2022 | -103.35% |
| Dec 31, 2021 | -88.45% |
| Sep 30, 2021 | -85.32% |
| Jun 30, 2021 | 17.97% |
| Mar 31, 2021 | -84.87% |
| Dec 31, 2020 | -52.27% |
| Sep 30, 2020 | -54.83% |
| Jun 30, 2020 | -93.06% |