Blend Labs BLND
NYSE BLND
$1.53 +0.02 (+1.32%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Blend Labs (BLND) posted Research & Development of $8.7 million for Q2 2026, down 7.76% on a QoQ basis from $9.4 million in Q1 2026, and up 15.99% year-over-year from $7.5 million in Q2 2025.

Analysis

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

Blend Labs has reported Research & Development for 7 years, with the latest figure at $8.7 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 15.99% year-over-year to $8.7 million in Q2 2026; TTM through Jun 2026 was $34.3 million, a 0.08% change from a year earlier, with the FY2025 full-year figure at $32.8 million, down 28.74% from the prior year.
  • Research & Development was $8.7 million for Q2 2026 at Blend Labs, down from $9.4 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 $17.5 million, with a median of $13.5 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Research & Development surged 105.61% in 2022, then sank 57.64% in 2023.
  • Over 5 years, Research & Development 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 decreased by 15.52% to $7.5 million in 2025, then rose by 15.99% to $8.7 million in 2026.
  • The last three Research & Development figures came in at $8.7 million (Q2 2026), $9.4 million (Q1 2026), and $7.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn 114.51 Mn
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn 17.35 Mn
3 Qfin Holdings 1.10 Bn 108.74 Mn - 58.49 Mn
4 FinVolution 856.70 Mn -70.30 Mn - -17.53 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 2.92 Mn
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn 8.68 Mn
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn -21.62 Mn
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn 1.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.68 Mn
Mar 31, 2026 9.41 Mn
Dec 31, 2025 7.49 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