Blend Labs (BLND) Operating Leases (2020 - 2024)
Blend Labs (BLND) recorded quarterly Operating Leases of $3.8 million in Q4 2024, up 301.26% quarter-over-quarter from $955000.0 in Q3 2024, and down 45.12% on a YoY basis from $7.0 million in Q1 2024.
Blend Labs (BLND) Operating Leases (2020 - 2024) Analysis & Trends
Blend Labs' Operating Leases history runs 5 years deep, the most recent figure standing at $3.8 million for Q4 2024.
- In Q4 2024, Operating Leases fell 45.12% year-over-year to $3.8 million; the TTM figure through Dec 2024 stood at $3.8 million (down 45.12% YoY), while the FY2024 annual figure was $3.8 million, down 45.12% from the prior year.
- Operating Leases was $3.8 million for Q4 2024 at Blend Labs, up from $955000.0 in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $18.7 million in Q2 2021 to a low of $955000.0 in Q3 2024.
- Historically, Operating Leases has averaged $11.2 million across 5 years, with a median of $12.3 million in 2022.
- Biggest YoY gain for Operating Leases was 7.12% in 2024; the steepest drop was 92.32% in 2024.
- A 5-year view of Operating Leases shows it stood at $14.0 million in 2020, then rose by 4.31% to $14.6 million in 2021, then declined by 24.07% to $11.1 million in 2022, then slumped by 37.05% to $7.0 million in 2023, then slumped by 45.12% to $3.8 million in 2024.
- The last three Operating Leases figures came in at $3.8 million (Q4 2024), $955000.0 (Q3 2024), and $5.2 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Blend Labs | 458.86 Mn | 399.85 Mn | 23.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3.83 Mn |
| Sep 30, 2024 | 955,000.00 |
| Jun 30, 2024 | 5.17 Mn |
| Mar 31, 2024 | 10.97 Mn |
| Dec 31, 2023 | 6.98 Mn |
| Sep 30, 2023 | 12.43 Mn |
| Jun 30, 2023 | 13.46 Mn |
| Mar 31, 2023 | 10.24 Mn |
| Dec 31, 2022 | 11.09 Mn |
| Sep 30, 2022 | 12.09 Mn |
| Jun 30, 2022 | 12.65 Mn |
| Mar 31, 2022 | 17.82 Mn |
| Dec 31, 2021 | 14.61 Mn |
| Sep 30, 2021 | 13.59 Mn |
| Jun 30, 2021 | 18.67 Mn |
| Dec 31, 2020 | 14.00 Mn |