Growth Metrics

Blend Labs (BLND) Operating Expenses (2020 - 2026)

Blend Labs' quarterly Operating Expenses came in at $28.4 million in Q1 2026, up 5.36% year-on-year from $27.0 million in Q1 2025, and up 1.11% quarter-over-quarter from $28.1 million in Q4 2025.

Blend Labs has reported Operating Expenses for 7 years, with the latest figure at $28.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.36% year-over-year to $28.4 million; the trailing twelve-month figure through Mar 2026 stood at $114.3 million (down 6.11% YoY), and the FY2025 full-year result was $112.9 million, down 14.51% from the prior year.
  • Operating Expenses for Q1 2026 stood at $28.4 million, up from $28.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $496.7 million in Q2 2022, with the low at $24.3 million in Q4 2023.
  • Average Operating Expenses over 5 years is $78.2 million, with a median of $35.8 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 737.07% in 2022 and plunged 87.88% in 2023.
  • Tracing BLND's Operating Expenses over 5 years: stood at $89.6 million in 2022, then slumped by 72.87% to $24.3 million in 2023, then climbed by 5.38% to $25.6 million in 2024, then rose by 9.78% to $28.1 million in 2025, then increased by 1.11% to $28.4 million in 2026.
  • The last three Operating Expenses figures came in at $28.4 million (Q1 2026), $28.1 million (Q4 2025), and $29.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Blend Labs 375.78 Mn 316.77 Mn 23.37 Mn 28.43 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 28.43 Mn
Dec 31, 2025 28.11 Mn
Sep 30, 2025 29.63 Mn
Jun 30, 2025 28.18 Mn
Mar 31, 2025 26.98 Mn
Dec 31, 2024 25.61 Mn
Sep 30, 2024 35.78 Mn
Jun 30, 2024 33.41 Mn
Mar 31, 2024 37.26 Mn
Dec 31, 2023 24.30 Mn
Sep 30, 2023 58.26 Mn
Jun 30, 2023 60.21 Mn
Mar 31, 2023 77.29 Mn
Dec 31, 2022 89.56 Mn
Sep 30, 2022 150.97 Mn
Jun 30, 2022 496.68 Mn
Mar 31, 2022 98.62 Mn
Dec 31, 2021 94.81 Mn
Sep 30, 2021 110.86 Mn
Jun 30, 2021 59.34 Mn
Mar 31, 2021 48.22 Mn
Dec 31, 2020 37.90 Mn
Sep 30, 2020 33.74 Mn
Jun 30, 2020 34.06 Mn