Growth Metrics

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

Blend Labs' quarterly Research & Development came in at $9.4 million in Q1 2026, up 20.03% year-on-year from $7.8 million in Q1 2025, and up 6.86% quarter-over-quarter from $8.8 million in Q4 2025.

Blend Labs has reported Research & Development for 7 years, with the latest figure at $9.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 20.03% year-over-year to $9.4 million; the trailing twelve-month figure through Mar 2026 stood at $34.4 million (down 13.42% YoY), and the FY2025 full-year result was $32.8 million, down 28.74% from the prior year.
  • Research & Development for Q1 2026 stood at $9.4 million, up from $8.8 million in the prior quarter.
  • The five-year high for Research & Development was $35.5 million in Q2 2022, with the low at $7.5 million in Q2 2025.
  • Average Research & Development over 5 years is $18.1 million, with a median of $14.1 million recorded in 2023.
  • Year-over-year, Research & Development soared 105.61% in 2022 and slumped 57.64% in 2023.
  • Tracing BLND's Research & Development over 5 years: stood at $33.2 million in 2022, then slumped by 57.64% to $14.1 million in 2023, then tumbled by 37.08% to $8.9 million in 2024, then dropped by 0.59% to $8.8 million in 2025, then gained by 6.86% to $9.4 million in 2026.
  • The last three Research & Development figures came in at $9.4 million (Q1 2026), $8.8 million (Q4 2025), and $8.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Blend Labs 375.78 Mn 316.77 Mn 23.37 Mn 9.41 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 9.41 Mn
Dec 31, 2025 8.81 Mn
Sep 30, 2025 8.71 Mn
Jun 30, 2025 7.49 Mn
Mar 31, 2025 7.84 Mn
Dec 31, 2024 8.86 Mn
Sep 30, 2024 10.13 Mn
Jun 30, 2024 12.92 Mn
Mar 31, 2024 14.18 Mn
Dec 31, 2023 14.08 Mn
Sep 30, 2023 18.83 Mn
Jun 30, 2023 22.09 Mn
Mar 31, 2023 26.26 Mn
Dec 31, 2022 33.25 Mn
Sep 30, 2022 34.24 Mn
Jun 30, 2022 35.50 Mn
Mar 31, 2022 35.11 Mn
Dec 31, 2021 28.74 Mn
Sep 30, 2021 25.52 Mn
Jun 30, 2021 20.88 Mn
Mar 31, 2021 17.07 Mn
Dec 31, 2020 15.19 Mn
Sep 30, 2020 13.82 Mn
Jun 30, 2020 14.68 Mn