Blend Labs (BLND) Tax Rate (2020 - 2026)

Blend Labs (BLND) recorded quarterly Tax Rate of 1.25% in Q1 2026, up 81.68% quarter-over-quarter from 6.85% in Q4 2025, and down 82.0% on a YoY basis from 6.97% in Q1 2025.

Blend Labs (BLND) Tax Rate (2020 - 2026) Analysis & Trends

Blend Labs' Tax Rate history runs 7 years deep, the most recent figure standing at 1.25% for Q1 2026.

  • In Q1 2026, Tax Rate fell 82.0% year-over-year to 1.25%; the TTM figure through Mar 2026 stood at 29.16% (up 2950.0% YoY), while the FY2025 annual figure was 28.36%, down 2810.0% from the prior year.
  • Tax Rate was 1.25% for Q1 2026 at Blend Labs, up from 6.85% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3.72% in Q1 2022 to a low of 6.85% in Q4 2025.
  • Historically, Tax Rate has averaged 0.63% across 5 years, with a median of 0.16% in 2024.
  • Biggest YoY gain for Tax Rate was 878 bps in 2022; the steepest drop was 11460 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 0.57% in 2022, then soared by 172 bps to 0.41% in 2023, then plunged by 277 bps to 0.73% in 2024, then tumbled by 844 bps to 6.85% in 2025, then surged by 82 bps to 1.25% in 2026.
  • The last three Tax Rate figures came in at 1.25% (Q1 2026), 6.85% (Q4 2025), and 0.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 Blend Labs 458.86 Mn 399.85 Mn 23.37 Mn -1.25%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.25%
Mar 31, 2026 -1.25%
Dec 31, 2025 -6.85%
Dec 31, 2025 -6.85%
Sep 30, 2025 0.22%
Sep 30, 2025 0.22%
Jun 30, 2025 -1.08%
Jun 30, 2025 -1.08%
Mar 31, 2025 -0.44%
Mar 31, 2025 -0.44%
Dec 31, 2024 -0.73%
Dec 31, 2024 -0.73%
Sep 30, 2024 -3.44%
Sep 30, 2024 -3.44%
Jun 30, 2024 -0.16%
Jun 30, 2024 -0.16%
Mar 31, 2024 -0.20%
Mar 31, 2024 -0.20%
Dec 31, 2023 0.41%
Dec 31, 2023 0.41%