Blend Labs (BLND) Times Interest Earned (2021 - 2024)
Blend Labs (BLND) recorded quarterly Times Interest Earned of -$7.93 in Q2 2024, down 90.55% quarter-over-quarter from -$4.16 in Q1 2024, and down 71.62% on a YoY basis from -$27.95 in Q3 2023.
Blend Labs (BLND) Times Interest Earned (2021 - 2024) Analysis & Trends
Blend Labs' Times Interest Earned history runs 4 years deep, the most recent figure standing at -$7.93 for Q2 2024.
- In Q2 2024, Times Interest Earned fell 71.62% year-over-year to -$7.93; the TTM figure through Mar 2025 stood at -$21.6 (down 492.2% YoY), while the FY2024 annual figure was -$7.24, down 55.32% from the prior year.
- Times Interest Earned was -$7.93 for Q2 2024 at Blend Labs, down from -$4.16 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of -$1.31 in Q4 2023 to a low of -$82.33 in Q2 2022.
- Historically, Times Interest Earned has averaged -$14.99 across 4 years, with a median of -$9.17 in 2022.
- The sharpest annual moves came in 2023 and 2024: Times Interest Earned soared 94.39% in 2023, then tumbled 71.62% in 2024.
- A 4-year view of Times Interest Earned shows it stood at -$10.57 in 2021, then increased by 3.23% to -$10.23 in 2022, then surged by 87.23% to -$1.31 in 2023, then slumped by 507.21% to -$7.93 in 2024.
- The last three Times Interest Earned figures came in at -$7.93 (Q2 2024), -$4.16 (Q1 2024), and -$1.31 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.81 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 7.40 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 13.64 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -17.35 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 34.43 |
| 10 | Blend Labs | 458.86 Mn | 399.85 Mn | 23.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -7.93 |
| Mar 31, 2024 | -4.16 |
| Dec 31, 2023 | -1.31 |
| Sep 30, 2023 | -4.41 |
| Jun 30, 2023 | -4.62 |
| Mar 31, 2023 | -8.12 |
| Dec 31, 2022 | -10.23 |
| Sep 30, 2022 | -21.09 |
| Jun 30, 2022 | -82.33 |
| Mar 31, 2022 | -12.55 |
| Dec 31, 2021 | -10.57 |
| Sep 30, 2021 | -12.56 |