Blend Labs (BLND) Research & Development (2020 - 2026)

Blend Labs' (BLND) quarterly Research & Development came in at $6.2 million in Q1 2026, down 13.77% year-on-year from $7.2 million in Q1 2025, and up 23.0% quarter-over-quarter from $5.0 million in Q4 2025.

Blend Labs (BLND) Research & Development (2020 - 2026) Analysis & Trends

Blend Labs' Research & Development history runs 7 years deep, the most recent figure standing at $6.2 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 13.77% year-over-year to $6.2 million in Q1 2026; TTM through Mar 2026 was $27.4 million, a 20.04% increase from a year earlier, with the FY2025 full-year figure at $29.1 million, down 15.51% from the prior year.
  • Research & Development advanced to $6.2 million in Q1 2026 per BLND's latest filing, from $5.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $35.5 million in Q2 2022 and bottomed at -$19.6 million in Q4 2022.
  • The 5-year median for Research & Development is $9.3 million (2023), against an average of $12.2 million.
  • Across the five-year window, Research & Development tumbled 195.13% in 2022 and jumped 278.94% in 2025, its largest moves.
  • Year by year, Research & Development stood at -$19.6 million in 2022, then jumped by 147.35% to $9.3 million in 2023, then sank by 130.34% to -$2.8 million in 2024, then soared by 278.94% to $5.0 million in 2025, then climbed by 23.0% to $6.2 million in 2026.
  • Per Business Quant, the three latest BLND Research & Development figures stand at $6.2 million (Q1 2026), $5.0 million (Q4 2025), and $8.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Blend Labs 420.47 Mn 361.46 Mn 23.37 Mn 6.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.20 Mn
Dec 31, 2025 5.04 Mn
Sep 30, 2025 8.71 Mn
Jun 30, 2025 7.49 Mn
Mar 31, 2025 7.19 Mn
Dec 31, 2024 -2.82 Mn
Sep 30, 2024 9.47 Mn
Jun 30, 2024 9.00 Mn
Mar 31, 2024 14.18 Mn
Dec 31, 2023 9.28 Mn
Sep 30, 2023 14.49 Mn
Jun 30, 2023 16.13 Mn
Mar 31, 2023 17.57 Mn
Dec 31, 2022 -19.60 Mn
Sep 30, 2022 34.24 Mn
Jun 30, 2022 35.50 Mn
Mar 31, 2022 35.11 Mn
Dec 31, 2021 20.60 Mn
Sep 30, 2021 25.52 Mn
Jun 30, 2021 18.27 Mn