Blend Labs (BLND) Enterprise Value (2021 - 2026)
Blend Labs (BLND) posted Enterprise Value of $359.6 million for Q2 2026, down 0.52% on a QoQ basis from $361.4 million in Q1 2026, and down 53.29% year-over-year from $769.9 million in Q2 2025.
Analysis
Blend Labs (BLND) Enterprise Value (2021 - 2026) Analysis & Trends
Blend Labs has reported Enterprise Value for 6 years, with the latest figure at $359.6 million in Q2 2026.
- On a quarterly basis, Enterprise Value fell 53.29% year-over-year to $359.6 million in Q2 2026; TTM through Jun 2026 was $359.6 million, a 53.29% decrease from a year earlier, with the FY2025 full-year figure at $708.5 million, down 32.2% from the prior year.
- Enterprise Value was $359.6 million for Q2 2026 at Blend Labs, down from $361.4 million in the prior quarter.
- The five-year high for Enterprise Value was $1.0 billion in Q4 2024, with the low at -$22.1 million in Q1 2023.
- Average Enterprise Value over 5 years is $497.1 million, with a median of $547.1 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Enterprise Value sank 102.57% in 2023, then surged 5014.37% in 2024.
- Over 5 years, Enterprise Value stood at $33.5 million in 2022, then surged by 1551.62% to $554.0 million in 2023, then jumped by 88.64% to $1.0 billion in 2024, then tumbled by 32.2% to $708.5 million in 2025, then tumbled by 49.25% to $359.6 million in 2026.
- The last three Enterprise Value figures came in at $359.6 million (Q2 2026), $361.4 million (Q1 2026), and $708.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 359.57 Mn |
| Mar 31, 2026 | 361.43 Mn |
| Dec 31, 2025 | 708.53 Mn |
| Sep 30, 2025 | 872.11 Mn |
| Jun 30, 2025 | 769.87 Mn |
| Mar 31, 2025 | 762.25 Mn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 897.99 Mn |
| Jun 30, 2024 | 540.18 Mn |
| Mar 31, 2024 | 746.61 Mn |
| Dec 31, 2023 | 554.00 Mn |
| Sep 30, 2023 | 139.48 Mn |
| Jun 30, 2023 | 10.56 Mn |
| Mar 31, 2023 | -22.15 Mn |
| Dec 31, 2022 | 33.54 Mn |
| Sep 30, 2022 | 163.75 Mn |
| Jun 30, 2022 | 141.88 Mn |
| Mar 31, 2022 | 862.38 Mn |
| Dec 31, 2021 | 1.27 Bn |
| Sep 30, 2021 | 2.55 Bn |