Blend Labs (BLND) EV to FCF (2021 - 2026)
Blend Labs (BLND) posted EV to FCF of 52.01 for Q2 2026, up 5.7% on a QoQ basis from 49.21 in Q1 2026, and up 163.04% year-over-year from 19.77 in Q2 2025.
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Blend Labs (BLND) EV to FCF (2021 - 2026) Analysis & Trends
Blend Labs has reported EV to FCF for 6 years, with the latest figure at 52.01 in Q2 2026.
- On a quarterly basis, EV to FCF rose 163.04% year-over-year to 52.01 in Q2 2026; TTM through Jun 2026 was 33.95, a 108.65% increase from a year earlier, with the FY2025 full-year figure at 252.6, up 650.74% from the prior year.
- EV to FCF was 52.01 for Q2 2026 at Blend Labs, up from 49.21 in the prior quarter.
- The five-year high for EV to FCF was 529.94 in Q4 2025, with the low at 664.68 in Q3 2024.
- Average EV to FCF over 5 years is 35.51, with a median of 4.3 recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: EV to FCF plunged 27242.37% in 2024, then jumped 459.23% in 2025.
- Over 5 years, EV to FCF stood at 0.7 in 2022, then sank by 3803.5% to 27.4 in 2023, then sank by 438.45% to 147.52 in 2024, then surged by 459.23% to 529.94 in 2025, then sank by 90.19% to 52.01 in 2026.
- The last three EV to FCF figures came in at 52.01 (Q2 2026), 49.21 (Q1 2026), and 529.94 (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 | 52.01 |
| Mar 31, 2026 | 49.21 |
| Dec 31, 2025 | 529.94 |
| Sep 30, 2025 | -174.25 |
| Jun 30, 2025 | -82.52 |
| Mar 31, 2025 | 48.23 |
| Dec 31, 2024 | -147.52 |
| Sep 30, 2024 | -664.68 |
| Jun 30, 2024 | -63.42 |
| Mar 31, 2024 | -128.02 |
| Dec 31, 2023 | -27.40 |
| Sep 30, 2023 | -5.38 |
| Jun 30, 2023 | -0.31 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | -0.70 |
| Sep 30, 2022 | -3.22 |
| Jun 30, 2022 | -2.98 |
| Mar 31, 2022 | -18.70 |
| Dec 31, 2021 | -28.96 |
| Sep 30, 2021 | -80.09 |