Growth Metrics

Blend Labs (BLND) Gross Margin (2020 - 2025)

Blend Labs has reported Gross Margin over the past 6 years, most recently at 75.68% for Q4 2025.

  • Quarterly results put Gross Margin at 75.68% for Q4 2025, up 152.0% from a year ago — trailing twelve months through Dec 2025 was 73.77% (up 188.0% YoY), and the annual figure for FY2025 was 73.77%, up 188.0%.
  • Gross Margin for Q4 2025 was 75.68% at Blend Labs, up from 74.26% in the prior quarter.
  • Over the last five years, Gross Margin for BLND hit a ceiling of 75.68% in Q4 2025 and a floor of 134.46% in Q4 2023.
  • Median Gross Margin over the past 5 years was 58.16% (2021), compared with a mean of 48.22%.
  • Biggest five-year swings in Gross Margin: tumbled -16813bps in 2023 and later surged 20862bps in 2024.
  • Blend Labs' Gross Margin stood at 43.15% in 2021, then decreased by -22bps to 33.67% in 2022, then tumbled by -499bps to 134.46% in 2023, then skyrocketed by 155bps to 74.16% in 2024, then grew by 2bps to 75.68% in 2025.
  • The last three reported values for Gross Margin were 75.68% (Q4 2025), 74.26% (Q3 2025), and 73.84% (Q2 2025) per Business Quant data.