Blend Labs (BLND) Tax Rate (2025)
Blend Labs' Tax Rate came in at -8.78% for Q2 2026, down 7.71 percentage points from -1.08% a year earlier and down 7.53 percentage points from the prior quarter.
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Analysis
Blend Labs (BLND) Tax Rate (2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Blend Labs reported Tax Rate of 13.76%, up 14.56 percentage points year-over-year; for FY2025, it came in at -28.36%, down 28.10 percentage points from FY2024.
- Tax Rate has declined in each of the last four years, with a five-year change of -28.33 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -0.26% in FY2024 (-0.20 pp), -0.06% in FY2023 (-0.35 pp), 0.29% in FY2022 (-18.40 pp) and 18.69% in FY2021 (+18.73 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2021.
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -1.38 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2022 (a gain of 8.76 percentage points), and the weakest in Q2 2022 (a drop of 114.64 percentage points).
- Business Quant data shows BLND's Tax Rate at -1.25% (Q1 2026), -1.08% (Q4 2025) and 0.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.73% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 26.96% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 30.70% |
| 10 | Blend Labs | 257.80 Mn | 6.80 Mn | 24.89 Mn | - |
API Access
Blend Labs Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BLND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BLND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BLND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();