Growth Metrics

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

Blend Labs has reported Net Margin over the past 6 years, most recently at 22.3% for Q4 2025.

  • Quarterly results put Net Margin at 22.3% for Q4 2025, down 70.0% from a year ago — trailing twelve months through Dec 2025 was 20.95% (up 3130.0% YoY), and the annual figure for FY2025 was 20.95%, up 3130.0%.
  • Net Margin for Q4 2025 was 22.3% at Blend Labs, down from 23.06% in the prior quarter.
  • Over the last five years, Net Margin for BLND hit a ceiling of 284.21% in Q4 2023 and a floor of 729.92% in Q2 2022.
  • Median Net Margin over the past 5 years was 85.88% (2021), compared with a mean of 102.33%.
  • Biggest five-year swings in Net Margin: soared 62990bps in 2023 and later crashed -30581bps in 2024.
  • Blend Labs' Net Margin stood at 90.28% in 2021, then tumbled by -114bps to 193.32% in 2022, then skyrocketed by 247bps to 284.21% in 2023, then tumbled by -108bps to 21.6% in 2024, then dropped by -3bps to 22.3% in 2025.
  • The last three reported values for Net Margin were 22.3% (Q4 2025), 23.06% (Q3 2025), and 35.48% (Q2 2025) per Business Quant data.