Blend Labs (BLND) Operating Leases (2020 - 2024)
Blend Labs' Operating Leases was $801,000 in Q4 2024, down 88.5% from $6.98 million a year earlier and down 16.1% from the prior quarter.
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Analysis
Blend Labs (BLND) Operating Leases (2020 - 2024) Analysis & Trends
From Q4 2020 onward, Blend Labs has reported Operating Leases for 16 quarters.
- Operating Leases has now declined for three consecutive years, with a four-year compound annual growth rate of -51.1% (FY2020 to FY2024).
- In earlier years, Operating Leases was $6.98 million in FY2023 (-37.0%), $11.09 million in FY2022 (-24.1%), $14.61 million in FY2021 (+4.3%) and $14 million in FY2020.
- The Q4 2024 figure marks the lowest quarterly Operating Leases in data going back to Q4 2020.
- Compared with a year earlier, Operating Leases has declined for 11 straight quarters, with an average decline of 47.5% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q4 2021 (growth of 4.3%); the worst was Q4 2024 (a decline of 88.5%).
- Per Business Quant data, BLND's Operating Leases in the three quarters before Q4 2024 was $955,000 (Q3 2024), $5.17 million (Q2 2024) and $6.4 million (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Blend Labs | 257.80 Mn | 6.80 Mn | 24.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 801,000.00 |
| Sep 30, 2024 | 955,000.00 |
| Jun 30, 2024 | 5.17 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Dec 31, 2023 | 6.98 Mn |
| Sep 30, 2023 | 8.14 Mn |
| Jun 30, 2023 | 9.24 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 | 13.68 Mn |
| Dec 31, 2021 | 14.61 Mn |
| Sep 30, 2021 | 13.59 Mn |
| Jun 30, 2021 | 14.56 Mn |
| Dec 31, 2020 | 14.00 Mn |
API Access
Blend Labs Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=BLND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "BLND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=BLND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();