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

Blend Labs' Operating Expenses history runs 7 years deep, the most recent figure standing at $28.4 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 5.36% year-over-year to $28.4 million; the TTM figure through Mar 2026 stood at $114.3 million (down 6.11% YoY), while the FY2025 annual figure was $112.9 million, down 14.51% from the prior year.
• Operating Expenses was $28.4 million for Q1 2026 at Blend Labs, up from $28.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $496.7 million in Q2 2022 to a low of $24.3 million in Q4 2023.
• Historically, Operating Expenses has averaged $78.2 million across 5 years, with a median of $35.8 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 737.07% in 2022, then plunged 87.88% in 2023.
• A 5-year view of Operating Expenses shows it stood at $89.6 million in 2022, then tumbled by 72.87% to $24.3 million in 2023, then advanced by 5.38% to $25.6 million in 2024, then increased by 9.78% to $28.1 million in 2025, then grew 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.