Blend Labs (BLND) Net Margin (2020 - 2026)
Blend Labs (BLND) posted quarterly Net Margin of 41.44% for Q1 2026, up 1434.0% year-over-year from 2.7% in Q1 2025, and down 85.8% quarter-over-quarter from 22.3% in Q4 2025.
Blend Labs (BLND) Net Margin (2020 - 2026) Analysis & Trends
Blend Labs' Net Margin history runs 7 years deep, the most recent figure standing at 41.44% for Q1 2026.
- In Q1 2026, Net Margin rose 1434.0% year-over-year to 41.44%; the TTM figure through Mar 2026 stood at 18.57% (up 2633.0% YoY), while the FY2025 annual figure was 20.95%, up 3130.0% from the prior year.
- Net Margin for Q1 2026 stood at 41.44%, down from 22.3% in the prior quarter.
- The five-year high for Net Margin was 284.21% in Q4 2023, with the low at 729.92% in Q2 2022.
- The 5-year median for Net Margin is 82.22% (2024), against an average of 101.45%.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 62990 bps in 2023, then tumbled 30581 bps in 2024.
- Blend Labs' Net Margin stood at 193.32% in 2022, then surged by 247 bps to 284.21% in 2023, then sank by 108 bps to 21.6% in 2024, then declined by 3 bps to 22.3% in 2025, then slumped by 86 bps to 41.44% in 2026.
- Business Quant data shows BLND's Net Margin at 41.44% in Q1 2026, 22.3% in Q4 2025, and 23.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Blend Labs | 354.77 Mn | 309.90 Mn | 24.89 Mn | -18.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.94% |
| Mar 31, 2026 | -41.44% |
| Dec 31, 2025 | -22.30% |
| Sep 30, 2025 | 23.06% |
| Jun 30, 2025 | -35.48% |
| Mar 31, 2025 | -55.78% |
| Dec 31, 2024 | -21.60% |
| Sep 30, 2024 | -24.93% |
| Jun 30, 2024 | -82.22% |
| Mar 31, 2024 | -92.82% |
| Dec 31, 2023 | 284.21% |
| Sep 30, 2023 | -106.46% |
| Jun 30, 2023 | -100.02% |
| Mar 31, 2023 | -180.72% |
| Dec 31, 2022 | -193.32% |
| Sep 30, 2022 | -242.04% |
| Jun 30, 2022 | -729.92% |
| Mar 31, 2022 | -102.83% |
| Dec 31, 2021 | -90.28% |
| Sep 30, 2021 | -85.88% |