Blend Labs (BLND) EBT Margin (2020 - 2026)
Blend Labs (BLND) recorded quarterly EBT Margin of 16.28% in Q1 2026, down 139.32% quarter-over-quarter from 6.8% in Q4 2025, and up 930.0% on a YoY basis from 1.58% in Q1 2025.
Blend Labs (BLND) EBT Margin (2020 - 2026) Analysis & Trends
Blend Labs' EBT Margin history runs 7 years deep, the most recent figure standing at 16.28% for Q1 2026.
- In Q1 2026, EBT Margin rose 930.0% year-over-year to 16.28%; the TTM figure through Mar 2026 stood at 0.76% (up 2505.0% YoY), while the FY2025 annual figure was 0.71%, up 3613.0% from the prior year.
- EBT Margin was 16.28% for Q1 2026 at Blend Labs, down from 6.8% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 161.27% in Q4 2023 to a low of 728.02% in Q2 2022.
- Historically, EBT Margin has averaged 97.91% across 5 years, with a median of 66.8% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin sank 60475 bps in 2022, then jumped 63124 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 189.24% in 2022, then soared by 185 bps to 161.27% in 2023, then sank by 105 bps to 7.32% in 2024, then climbed by 7 bps to 6.8% in 2025, then plunged by 139 bps to 16.28% in 2026.
- The last three EBT Margin figures came in at 16.28% (Q1 2026), 6.8% (Q4 2025), and 36.71% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -20.00% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 24.25% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.04% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 17.85% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 30.00% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Blend Labs | 458.86 Mn | 399.85 Mn | 23.37 Mn | -16.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.28% |
| Dec 31, 2025 | -6.80% |
| 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% |
| Jun 30, 2021 | -123.27% |