Blend Labs (BLND) Non Operating Interest Expenses (2021 - 2024)
Blend Labs (BLND) posted Non Operating Interest Expenses of $1.6 million for Q2 2024, down 67.68% on a QoQ basis from $5.1 million in Q1 2024, and down 79.26% year-over-year from $7.9 million in Q3 2023.
Analysis
Blend Labs (BLND) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Blend Labs has reported Non Operating Interest Expenses for 4 years, with the latest figure at $1.6 million in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses fell 79.26% year-over-year to $1.6 million in Q2 2024; TTM through Mar 2025 was $1.6 million, a 94.19% decrease from a year earlier, with the FY2024 full-year figure at $6.7 million, down 78.1% from the prior year.
- Non Operating Interest Expenses was $1.6 million for Q2 2024 at Blend Labs, down from $5.1 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $8.2 million in Q3 2023, with the low at $1.6 million in Q2 2024.
- Average Non Operating Interest Expenses over 4 years is $6.1 million, with a median of $5.9 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses soared 38.79% in 2023, then tumbled 79.26% in 2024.
- Over 4 years, Non Operating Interest Expenses 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 Non Operating 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (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 | - | 19.02 Mn |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | -2.95 Mn |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | -230,000.00 |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 1.33 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 | -943,000.00 |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | 5.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.65 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Dec 31, 2023 | 7.09 Mn |
| Sep 30, 2023 | 8.21 Mn |
| Jun 30, 2023 | 7.95 Mn |
| Mar 31, 2023 | 7.57 Mn |
| Dec 31, 2022 | 7.35 Mn |
| Sep 30, 2022 | 6.16 Mn |
| Jun 30, 2022 | 5.73 Mn |
| Mar 31, 2022 | 5.56 Mn |
| Dec 31, 2021 | 5.66 Mn |
| Sep 30, 2021 | 5.62 Mn |