Blend Labs (BLND) FCF Margin (2020 - 2026)

Blend Labs (BLND) posted quarterly FCF Margin of 23.38% for Q1 2026, down 3549.0% year-over-year from 0.68% in Q1 2025, and down 47.12% quarter-over-quarter from 44.2% in Q4 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 23.38% for Q1 2026.

  • In Q1 2026, FCF Margin fell 3549.0% year-over-year to 23.38%; the TTM figure through Mar 2026 stood at 4.45% (up 353.0% YoY), while the FY2025 annual figure was 11.55%, up 2704.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 23.38%, down from 44.2% in the prior quarter.
  • The five-year high for FCF Margin was 184.86% in Q4 2023, with the low at 125.77% in Q1 2023.
  • The 5-year median for FCF Margin is 38.76% (2024), against an average of 24.42%.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 29656 bps in 2023, then sank 22635 bps in 2024.
  • Blend Labs' FCF Margin stood at 111.7% in 2022, then jumped by 265 bps to 184.86% in 2023, then plunged by 122 bps to 41.49% in 2024, then soared by 207 bps to 44.2% in 2025, then plunged by 47 bps to 23.38% in 2026.
  • Business Quant data shows BLND's FCF Margin at 23.38% in Q1 2026, 44.2% in Q4 2025, and 17.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 36.13%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 18.25%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 58.89%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 19.67%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 11.86%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 16.73%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 24.76%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 31.84%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 61.18%
10 Blend Labs 354.77 Mn 309.90 Mn 24.89 Mn 20.43%

Historic Data

Download Data
DateValue
Jun 30, 2026 20.43%
Mar 31, 2026 23.38%
Dec 31, 2025 44.20%
Sep 30, 2025 -17.62%
Jun 30, 2025 -31.94%
Mar 31, 2025 58.87%
Dec 31, 2024 -41.49%
Sep 30, 2024 26.91%
Jun 30, 2024 -38.76%
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 -111.70%
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%