Growth Metrics

Blend Labs (BLND) Operating Expenses (2020 - 2025)

Blend Labs has reported Operating Expenses over the past 6 years, most recently at $28.1 million for Q4 2025.

  • Quarterly results put Operating Expenses at $28.1 million for Q4 2025, up 9.78% from a year ago — trailing twelve months through Dec 2025 was $112.9 million (down 14.51% YoY), and the annual figure for FY2025 was $112.9 million, down 14.51%.
  • Operating Expenses for Q4 2025 was $28.1 million at Blend Labs, down from $29.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for BLND hit a ceiling of $496.7 million in Q2 2022 and a floor of $24.3 million in Q4 2023.
  • Median Operating Expenses over the past 5 years was $53.2 million (2021), compared with a mean of $80.7 million.
  • Biggest five-year swings in Operating Expenses: surged 737.07% in 2022 and later tumbled 87.88% in 2023.
  • Blend Labs' Operating Expenses stood at $94.8 million in 2021, then decreased by 5.53% to $89.6 million in 2022, then crashed by 72.87% to $24.3 million in 2023, then rose by 5.38% to $25.6 million in 2024, then rose by 9.78% to $28.1 million in 2025.
  • The last three reported values for Operating Expenses were $28.1 million (Q4 2025), $29.6 million (Q3 2025), and $28.2 million (Q2 2025) per Business Quant data.