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

Blend Labs' Research & Development history runs 7 years deep, the most recent figure standing at $9.4 million for Q1 2026.

• In Q1 2026, Research & Development rose 20.03% year-over-year to $9.4 million; the TTM figure through Mar 2026 stood at $34.4 million (down 13.42% YoY), while the FY2025 annual figure was $32.8 million, down 28.74% from the prior year.
• Research & Development was $9.4 million for Q1 2026 at Blend Labs, up from $8.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $35.5 million in Q2 2022 to a low of $7.5 million in Q2 2025.
• Historically, Research & Development has averaged $18.1 million across 5 years, with a median of $14.1 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 105.61% in 2022, then slumped 57.64% in 2023.
• A 5-year view of Research & Development shows it stood at $33.2 million in 2022, then tumbled by 57.64% to $14.1 million in 2023, then plunged by 37.08% to $8.9 million in 2024, then slipped by 0.59% to $8.8 million in 2025, then rose 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.