Blend Labs (BLND) Gross Profit (2020 - 2026)
Blend Labs (BLND) posted Gross Profit of $24.9 million for Q2 2026, up 6.51% on a QoQ basis from $23.4 million in Q1 2026, and up 6.55% year-over-year from $23.4 million in Q2 2025.
Analysis
Blend Labs (BLND) Gross Profit (2020 - 2026) Analysis & Trends
Blend Labs has reported Gross Profit for 7 years, with the latest figure at $24.9 million in Q2 2026.
- On a quarterly basis, Gross Profit rose 6.55% year-over-year to $24.9 million in Q2 2026; TTM through Jun 2026 was $95.9 million, a 7.5% increase from a year earlier, with the FY2025 full-year figure at $91.2 million, up 9.55% from the prior year.
- Gross Profit was $24.9 million for Q2 2026 at Blend Labs, up from $23.4 million in the prior quarter.
- The five-year high for Gross Profit was $28.9 million in Q1 2022, with the low at $14.4 million in Q4 2022.
- Average Gross Profit over 5 years is $21.5 million, with a median of $22.8 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Profit slumped 58.77% in 2022, then surged 48.43% in 2024.
- Over 5 years, Gross Profit stood at $14.4 million in 2022, then advanced by 4.46% to $15.0 million in 2023, then surged by 48.43% to $22.3 million in 2024, then increased by 4.56% to $23.4 million in 2025, then advanced by 6.55% to $24.9 million in 2026.
- The last three Gross Profit figures came in at $24.9 million (Q2 2026), $23.4 million (Q1 2026), and $23.4 million (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 | 24.89 Mn |
| Mar 31, 2026 | 23.37 Mn |
| Dec 31, 2025 | 23.36 Mn |
| Sep 30, 2025 | 24.28 Mn |
| Jun 30, 2025 | 23.36 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 22.34 Mn |
| Sep 30, 2024 | 24.50 Mn |
| Jun 30, 2024 | 20.34 Mn |
| Mar 31, 2024 | 16.04 Mn |
| Dec 31, 2023 | 15.05 Mn |
| Sep 30, 2023 | 22.06 Mn |
| Jun 30, 2023 | 23.49 Mn |
| Mar 31, 2023 | 15.85 Mn |
| Dec 31, 2022 | 14.41 Mn |
| Sep 30, 2022 | 21.11 Mn |
| Jun 30, 2022 | 25.27 Mn |
| Mar 31, 2022 | 28.87 Mn |
| Dec 31, 2021 | 34.95 Mn |
| Sep 30, 2021 | 40.33 Mn |