Blend Labs BLND
NYSE BLND
$1.53 +0.02 (+1.32%)
At close: Sep 4, 2026 · 4:00 PM EDT

Blend Labs (BLND) EBT Margin (2020 - 2026)

Blend Labs (BLND) posted EBT Margin of 4.0% for Q2 2026, up 75.4% on a QoQ basis from 16.28% in Q1 2026, and up 804.0% year-over-year from 0.44% in Q2 2025.

Analysis

Blend Labs (BLND) EBT Margin (2020 - 2026) Analysis & Trends

Blend Labs has reported EBT Margin for 7 years, with the latest figure at 4.0% in Q2 2026.

  • On a quarterly basis, EBT Margin rose 804.0% year-over-year to 4.0% in Q2 2026; TTM through Jun 2026 was 1.41%, a 1249.0% increase from a year earlier, with the FY2025 full-year figure at 0.71%, up 3613.0% from the prior year.
  • EBT Margin was 4.0% for Q2 2026 at Blend Labs, up from 16.28% in the prior quarter.
  • The five-year high for EBT Margin was 161.27% in Q4 2023, with the low at 728.02% in Q2 2022.
  • Average EBT Margin over 5 years is 92.98%, with a median of 46.19% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 60475 bps in 2022, then surged 63124 bps in 2023.
  • Over 5 years, EBT Margin stood at 189.24% in 2022, then jumped by 185 bps to 161.27% in 2023, then plunged by 105 bps to 7.32% in 2024, then tumbled by 64 bps to 12.04% in 2025, then jumped by 67 bps to 4.0% in 2026.
  • The last three EBT Margin figures came in at 4.0% (Q2 2026), 16.28% (Q1 2026), and 12.04% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn 4.70%
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn 10.66%
3 Qfin Holdings 1.10 Bn 108.74 Mn - 30.63%
4 FinVolution 856.70 Mn -70.30 Mn - 15.96%
5 X Financial 432.29 Mn -136.02 Mn 84.09 Mn 22.14%
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn -2.29%
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn -4.00%
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn 4.86%
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn -242.52%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.00%
Mar 31, 2026 -16.28%
Dec 31, 2025 -12.04%
Sep 30, 2025 36.71%
Jun 30, 2025 -12.04%
Mar 31, 2025 -25.58%
Dec 31, 2024 -7.32%
Sep 30, 2024 -1.84%
Jun 30, 2024 -66.80%
Mar 31, 2024 -86.69%
Dec 31, 2023 161.27%
Sep 30, 2023 -102.92%
Jun 30, 2023 -96.78%
Mar 31, 2023 -177.10%
Dec 31, 2022 -189.24%
Sep 30, 2022 -239.79%
Jun 30, 2022 -728.02%
Mar 31, 2022 -105.16%
Dec 31, 2021 -80.77%
Sep 30, 2021 -84.89%