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| Date | Value |
|---|---|
| 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% |