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

Blend Labs (BLND) EV to EBITDA (2021 - 2026)

Blend Labs (BLND) posted EV to EBITDA of 228.15 for Q2 2026, down 219.47% on a QoQ basis from 71.42 in Q1 2026, and down 43.02% year-over-year from 400.41 in Q2 2025.

Analysis

Blend Labs (BLND) EV to EBITDA (2021 - 2026) Analysis & Trends

Blend Labs has reported EV to EBITDA for 6 years, with the latest figure at 228.15 in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 43.02% year-over-year to 228.15 in Q2 2026; TTM through Jun 2026 was 21.39, a 23.98% increase from a year earlier, with the FY2025 full-year figure at 32.6, down 52.37% from the prior year.
  • EV to EBITDA was 228.15 for Q2 2026 at Blend Labs, down from 71.42 in the prior quarter.
  • The five-year high for EV to EBITDA was 0.36 in Q1 2023, with the low at 319.39 in Q4 2024.
  • Average EV to EBITDA over 5 years is 78.78, with a median of 50.6 recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: EV to EBITDA surged 102.92% in 2023, then sank 14270.24% in 2024.
  • Over 5 years, EV to EBITDA stood at 0.45 in 2022, then plunged by 13315.2% to 59.87 in 2023, then sank by 433.45% to 319.39 in 2024, then soared by 54.03% to 146.82 in 2025, then plunged by 55.4% to 228.15 in 2026.
  • The last three EV to EBITDA figures came in at 228.15 (Q2 2026), 71.42 (Q1 2026), and 146.82 (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

Historic Data

Download Data
DateValue
Jun 30, 2026 -228.15
Mar 31, 2026 -71.42
Dec 31, 2025 -146.82
Sep 30, 2025 -163.10
Jun 30, 2025 -159.53
Mar 31, 2025 -95.52
Dec 31, 2024 -319.39
Sep 30, 2024 -79.59
Jun 30, 2024 -41.33
Mar 31, 2024 -35.18
Dec 31, 2023 -59.87
Sep 30, 2023 -3.85
Jun 30, 2023 -0.29
Mar 31, 2023 0.36
Dec 31, 2022 -0.45
Sep 30, 2022 -1.26
Jun 30, 2022 -0.30
Mar 31, 2022 -12.36
Dec 31, 2021 -21.25
Sep 30, 2021 -36.15