Blend Labs (BLND) Total Debt (2021 - 2024)
Blend Labs (BLND) posted Total Debt of $138.9 million for Q1 2024, little changed on a QoQ basis from $138.3 million in Q4 2023, and down 36.16% year-over-year from $217.5 million in Q2 2023.
Analysis
Blend Labs (BLND) Total Debt (2021 - 2024) Analysis & Trends
Blend Labs has reported Total Debt for 4 years, with the latest figure at $138.9 million in Q1 2024.
- On a quarterly basis, Total Debt fell 36.16% year-over-year to $138.9 million in Q1 2024; TTM through Mar 2024 was $138.9 million, a 36.16% decrease from a year earlier, with the FY2023 full-year figure at $138.3 million, down 36.19% from the prior year.
- Total Debt was $138.9 million for Q1 2024 at Blend Labs, roughly flat from $138.3 million in the prior quarter.
- The five-year high for Total Debt was $219.0 million in Q3 2023, with the low at $138.3 million in Q4 2023.
- Average Total Debt over 4 years is $201.4 million, with a median of $214.9 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Total Debt gained 10.05% in 2022, then plunged 36.19% in 2023.
- Over 4 years, Total Debt stood at $213.8 million in 2021, then increased by 1.38% to $216.8 million in 2022, then slumped by 36.19% to $138.3 million in 2023, then climbed by 0.38% to $138.9 million in 2024.
- The last three Total Debt figures came in at $138.9 million (Q1 2024), $138.3 million (Q4 2023), and $219.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 145.21 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | 471.87 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | 320.74 Mn |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | 188.40 Mn |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | 58.19 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 82.94 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | - |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | 218.58 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | 391.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 138.85 Mn |
| Dec 31, 2023 | 138.33 Mn |
| Sep 30, 2023 | 219.01 Mn |
| Jun 30, 2023 | 218.24 Mn |
| Mar 31, 2023 | 217.51 Mn |
| Dec 31, 2022 | 216.80 Mn |
| Sep 30, 2022 | 215.96 Mn |
| Jun 30, 2022 | 215.23 Mn |
| Mar 31, 2022 | 214.53 Mn |
| Dec 31, 2021 | 213.84 Mn |
| Sep 30, 2021 | 213.16 Mn |
| Jun 30, 2021 | 195.58 Mn |