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

Blend Labs (BLND) Operating Leases (2020 - 2024)

Blend Labs (BLND) posted Operating Leases of $3.8 million for Q4 2024, down 27.27% on a QoQ basis from $5.3 million in Q3 2024, and down 45.12% year-over-year from $7.0 million in Q1 2024.

Analysis

Blend Labs (BLND) Operating Leases (2020 - 2024) Analysis & Trends

Blend Labs has reported Operating Leases for 5 years, with the latest figure at $3.8 million in Q4 2024.

  • On a quarterly basis, Operating Leases fell 45.12% year-over-year to $3.8 million in Q4 2024; TTM through Dec 2024 was $3.8 million, a 45.12% decrease from a year earlier, with the FY2024 full-year figure at $3.8 million, down 45.12% from the prior year.
  • Operating Leases was $3.8 million for Q4 2024 at Blend Labs, down from $5.3 million in the prior quarter.
  • The five-year high for Operating Leases was $18.7 million in Q2 2021, with the low at $3.8 million in Q4 2024.
  • Average Operating Leases over 5 years is $12.8 million, with a median of $13.7 million recorded in 2020.
  • The sharpest annual moves came in 2021 and 2024: Operating Leases grew 4.31% in 2021, then plunged 57.61% in 2024.
  • Over 5 years, Operating Leases stood at $14.0 million in 2020, then gained by 4.31% to $14.6 million in 2021, then fell by 24.07% to $11.1 million in 2022, then sank by 37.05% to $7.0 million in 2023, then sank by 45.12% to $3.8 million in 2024.
  • The last three Operating Leases figures came in at $3.8 million (Q4 2024), $5.3 million (Q3 2024), and $9.9 million (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2024 3.83 Mn
Sep 30, 2024 5.27 Mn
Jun 30, 2024 9.87 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 14.37 Mn
Dec 31, 2022 11.09 Mn
Sep 30, 2022 16.75 Mn
Jun 30, 2022 16.94 Mn
Mar 31, 2022 17.82 Mn
Dec 31, 2021 14.61 Mn
Sep 30, 2021 17.75 Mn
Jun 30, 2021 18.67 Mn
Dec 31, 2020 14.00 Mn