Blend Labs (BLND) FCF Margin (2020 - 2026)
Blend Labs (BLND) recorded quarterly FCF Margin of 20.22% in Q1 2026, up 31304.7% quarter-over-quarter from 0.06% in Q4 2025, and down 5162.0% on a YoY basis from 0.4% in Q1 2025.
Blend Labs (BLND) FCF Margin (2020 - 2026) Analysis & Trends
Blend Labs' FCF Margin history runs 7 years deep, the most recent figure standing at 20.22% for Q1 2026.
- In Q1 2026, FCF Margin fell 5162.0% year-over-year to 20.22%; the TTM figure through Mar 2026 stood at 10.29% (down 1813.0% YoY), while the FY2025 annual figure was 0.07%, up 1134.0% from the prior year.
- FCF Margin was 20.22% for Q1 2026 at Blend Labs, up from 0.06% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 184.86% in Q4 2023 to a low of 125.77% in Q1 2023.
- Historically, FCF Margin has averaged 25.66% across 5 years, with a median of 25.75% in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin surged 29172 bps in 2023, then slumped 21061 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 106.87% in 2022, then jumped by 273 bps to 184.86% in 2023, then sank by 114 bps to 25.75% in 2024, then surged by 100 bps to 0.06% in 2025, then jumped by 31305 bps to 20.22% in 2026.
- The last three FCF Margin figures came in at 20.22% (Q1 2026), 0.06% (Q4 2025), and 19.98% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Blend Labs | 458.86 Mn | 399.85 Mn | 23.37 Mn | 20.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | -0.06% |
| Sep 30, 2025 | -19.98% |
| Jun 30, 2025 | -40.50% |
| Mar 31, 2025 | 71.83% |
| Dec 31, 2024 | -25.75% |
| Sep 30, 2024 | 2.63% |
| Jun 30, 2024 | -10.74% |
| Mar 31, 2024 | -13.54% |
| Dec 31, 2023 | 184.86% |
| Sep 30, 2023 | -62.61% |
| Jun 30, 2023 | -80.72% |
| Mar 31, 2023 | -125.77% |
| Dec 31, 2022 | -106.87% |
| Sep 30, 2022 | -92.01% |
| Jun 30, 2022 | -72.71% |
| Mar 31, 2022 | -64.47% |
| Dec 31, 2021 | -54.24% |
| Sep 30, 2021 | -35.55% |
| Jun 30, 2021 | -102.71% |