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
DateValue
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