Blend Labs (BLND) Tax Rate (2020 - 2026)
Blend Labs (BLND) posted Tax Rate of 8.78% for Q2 2026, down 599.93% on a QoQ basis from 1.25% in Q1 2026, and down 771.0% year-over-year from 1.31% in Q2 2025.
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Analysis
Blend Labs (BLND) Tax Rate (2020 - 2026) Analysis & Trends
Blend Labs has reported Tax Rate for 7 years, with the latest figure at 8.78% in Q2 2026.
- On a quarterly basis, Tax Rate fell 771.0% year-over-year to 8.78% in Q2 2026; TTM through Jun 2026 was 13.76%, a 1456.0% increase from a year earlier, with the FY2025 full-year figure at 28.36%, down 2810.0% from the prior year.
- Tax Rate was 8.78% for Q2 2026 at Blend Labs, down from 1.25% in the prior quarter.
- The five-year high for Tax Rate was 3.72% in Q1 2022, with the low at 8.78% in Q2 2026.
- Average Tax Rate over 5 years is 0.76%, with a median of 0.22% recorded in 2023.
- The largest YoY upside for Tax Rate was 876 bps in 2022 against a maximum downside of 11464 bps in 2022.
- Over 5 years, Tax Rate stood at 0.59% in 2022, then soared by 200 bps to 0.59% in 2023, then tumbled by 224 bps to 0.73% in 2024, then plunged by 48 bps to 1.08% in 2025, then sank by 716 bps to 8.78% in 2026.
- The last three Tax Rate figures came in at 8.78% (Q2 2026), 1.25% (Q1 2026), and 1.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 3.58% |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | -2.64% |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | -63.26% |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | -21.42% |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | -24.80% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.13% |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | -8.78% |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | -34.54% |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.78% |
| Mar 31, 2026 | -1.25% |
| Dec 31, 2025 | -1.08% |
| Sep 30, 2025 | 0.22% |
| Jun 30, 2025 | -1.08% |
| Mar 31, 2025 | -0.44% |
| Dec 31, 2024 | -0.73% |
| Sep 30, 2024 | -3.44% |
| Jun 30, 2024 | -0.16% |
| Mar 31, 2024 | -0.20% |
| Dec 31, 2023 | 0.59% |
| Sep 30, 2023 | -0.11% |
| Jun 30, 2023 | -0.24% |
| Mar 31, 2023 | -0.15% |
| Dec 31, 2022 | -0.59% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -0.02% |
| Mar 31, 2022 | 3.72% |
| Dec 31, 2021 | -9.35% |
| Sep 30, 2021 | -0.39% |