Blend Labs (BLND) Price to Sales (2021 - 2026)
Blend Labs (BLND) posted Price to Sales of 11.95 for Q2 2026, down 12.32% on a QoQ basis from 13.63 in Q1 2026, and down 55.95% year-over-year from 27.13 in Q2 2025.
Analysis
Blend Labs (BLND) Price to Sales (2021 - 2026) Analysis & Trends
Blend Labs has reported Price to Sales for 6 years, with the latest figure at 11.95 in Q2 2026.
- On a quarterly basis, Price to Sales fell 55.95% year-over-year to 11.95 in Q2 2026; TTM through Jun 2026 was 3.14, a 55.54% decrease from a year earlier, with the FY2025 full-year figure at 6.3, down 32.92% from the prior year.
- Price to Sales was 11.95 for Q2 2026 at Blend Labs, down from 13.63 in the prior quarter.
- The five-year high for Price to Sales was 36.08 in Q4 2024, with the low at 56.93 in Q4 2023.
- Average Price to Sales over 5 years is 14.83, with a median of 16.08 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Price to Sales tumbled 802.12% in 2023, then soared 429.2% in 2024.
- Over 5 years, Price to Sales stood at 8.11 in 2022, then plunged by 802.12% to 56.93 in 2023, then surged by 163.38% to 36.08 in 2024, then sank by 31.8% to 24.61 in 2025, then sank by 51.43% to 11.95 in 2026.
- The last three Price to Sales figures came in at 11.95 (Q2 2026), 13.63 (Q1 2026), and 24.61 (Q4 2025), 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.95 |
| Mar 31, 2026 | 13.63 |
| Dec 31, 2025 | 24.61 |
| Sep 30, 2025 | 29.04 |
| Jun 30, 2025 | 27.13 |
| Mar 31, 2025 | 32.30 |
| Dec 31, 2024 | 36.08 |
| Sep 30, 2024 | 28.99 |
| Jun 30, 2024 | 20.91 |
| Mar 31, 2024 | 34.40 |
| Dec 31, 2023 | -56.93 |
| Sep 30, 2023 | 8.37 |
| Jun 30, 2023 | 5.44 |
| Mar 31, 2023 | 6.50 |
| Dec 31, 2022 | 8.11 |
| Sep 30, 2022 | 9.49 |
| Jun 30, 2022 | 8.45 |
| Mar 31, 2022 | 18.52 |
| Dec 31, 2021 | 22.02 |
| Sep 30, 2021 | 34.58 |