Blend Labs BLND
NYSE BLND
$1.53 +0.02 (+1.32%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Blend Labs (BLND) posted Operating Income of -$1.6 million for Q2 2026, up 68.86% on a QoQ basis from -$5.1 million in Q1 2026, and up 67.34% year-over-year from -$941775.1 in Q2 2025.

Analysis

Blend Labs (BLND) Operating Income (2020 - 2026) Analysis & Trends

Blend Labs has reported Operating Income for 7 years, with the latest figure at -$1.6 million in Q2 2026.

  • On a quarterly basis, Operating Income rose 67.34% year-over-year to -$1.6 million in Q2 2026; TTM through Jun 2026 was -$16.8 million, a 38.56% increase from a year earlier, with the FY2025 full-year figure at -$21.7 million, up 55.5% from the prior year.
  • Operating Income was -$1.6 million for Q2 2026 at Blend Labs, up from -$5.1 million in the prior quarter.
  • The five-year high for Operating Income was -$1.6 million in Q2 2026, with the low at -$471.4 million in Q2 2022.
  • Average Operating Income over 5 years is -$53.8 million, with a median of -$12.2 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Income plunged 1089.42% in 2022, then soared 92.21% in 2023.
  • Over 5 years, Operating Income stood at -$75.2 million in 2022, then soared by 87.69% to -$9.3 million in 2023, then surged by 64.64% to -$3.3 million in 2024, then tumbled by 47.49% to -$4.8 million in 2025, then jumped by 67.34% to -$1.6 million in 2026.
  • The last three Operating Income figures came in at -$1.6 million (Q2 2026), -$5.1 million (Q1 2026), and -$4.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn 14.64 Mn
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn 105.80 Mn
3 Qfin Holdings 1.10 Bn 108.74 Mn - 171.11 Mn
4 FinVolution 856.70 Mn -70.30 Mn - 78.00 Mn
5 X Financial 432.29 Mn -136.02 Mn 84.09 Mn 28.73 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn -633,000.00
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn -1.58 Mn
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn 161.06 Mn
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn 25.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.58 Mn
Mar 31, 2026 -5.06 Mn
Dec 31, 2025 -4.83 Mn
Sep 30, 2025 -5.35 Mn
Jun 30, 2025 -4.83 Mn
Mar 31, 2025 -7.98 Mn
Dec 31, 2024 -3.27 Mn
Sep 30, 2024 -11.28 Mn
Jun 30, 2024 -13.07 Mn
Mar 31, 2024 -21.22 Mn
Dec 31, 2023 -9.25 Mn
Sep 30, 2023 -36.20 Mn
Jun 30, 2023 -36.72 Mn
Mar 31, 2023 -61.44 Mn
Dec 31, 2022 -75.16 Mn
Sep 30, 2022 -129.86 Mn
Jun 30, 2022 -471.42 Mn
Mar 31, 2022 -69.75 Mn
Dec 31, 2021 -59.87 Mn
Sep 30, 2021 -70.54 Mn