Growth Metrics

Blend Labs (BLND) Interest Expenses (2021 - 2024)

Blend Labs' quarterly Interest Expenses came in at $1.6 million in Q2 2024, down 79.26% year-on-year from $7.9 million in Q3 2023, and down 67.68% quarter-over-quarter from $5.1 million in Q1 2024.

Blend Labs has reported Interest Expenses for 4 years, with the latest figure at $1.6 million in Q2 2024.

  • For the quarter ending Q2 2024, Interest Expenses fell 79.26% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2025 stood at $1.6 million (down 94.19% YoY), and the FY2024 full-year result was $6.7 million, down 78.1% from the prior year.
  • Interest Expenses for Q2 2024 stood at $1.6 million, down from $5.1 million in the prior quarter.
  • The five-year high for Interest Expenses was $8.2 million in Q3 2023, with the low at $1.6 million in Q2 2024.
  • Average Interest Expenses over 4 years is $6.1 million, with a median of $5.9 million recorded in 2022.
  • Year-over-year, Interest Expenses jumped 38.79% in 2023 and plunged 79.26% in 2024.
  • Tracing BLND's Interest Expenses over 4 years: stood at $5.7 million in 2021, then climbed by 29.73% to $7.3 million in 2022, then retreated by 3.58% to $7.1 million in 2023, then sank by 76.74% to $1.6 million in 2024.
  • The last three Interest Expenses figures came in at $1.6 million (Q2 2024), $5.1 million (Q1 2024), and $7.1 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -341.86 Mn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 108.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 31.61 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 63.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 78.70 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 70.00 Mn
10 Blend Labs 375.78 Mn 316.77 Mn 23.37 Mn -

Historic Data

Download Data 🔒
DateValue
Jun 30, 2024 1.65 Mn
Jun 30, 2024 1.65 Mn
Mar 31, 2024 5.10 Mn
Mar 31, 2024 5.10 Mn
Dec 31, 2023 7.09 Mn
Dec 31, 2023 7.09 Mn
Sep 30, 2023 8.21 Mn
Sep 30, 2023 8.21 Mn
Jun 30, 2023 7.95 Mn
Jun 30, 2023 7.95 Mn
Mar 31, 2023 7.57 Mn
Mar 31, 2023 7.57 Mn
Dec 31, 2022 7.35 Mn
Dec 31, 2022 7.35 Mn
Sep 30, 2022 6.16 Mn
Sep 30, 2022 6.16 Mn
Jun 30, 2022 5.73 Mn
Jun 30, 2022 5.73 Mn
Mar 31, 2022 5.56 Mn
Mar 31, 2022 5.56 Mn
Dec 31, 2021 5.66 Mn
Dec 31, 2021 5.66 Mn
Sep 30, 2021 5.62 Mn
Sep 30, 2021 5.62 Mn