Blend Labs reported revenue of $33.84M and net income of -$6.41M for the quarter ended Jun 2026, up 7.0% year over year. This income statement covers 25 quarters of results from Jun 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||
| Revenue | 89.57M | 80.99M | 71.52M | 65.54M | 55.35M | 42.78M | 37.34M | 42.81M | 40.59M | -11.19M | 23.84M | 28.70M | 33.10M | 30.12M | 26.84M | 31.63M | 32.70M | 31.63M | 30.84M | 33.84M | |||||
| Cost of RevenueCost of Rev | 49.24M | 46.05M | 42.66M | 40.27M | 34.24M | 28.38M | 21.48M | 19.32M | 18.53M | -26.24M | 7.80M | 8.36M | 8.60M | 7.78M | 7.84M | 8.27M | 8.42M | 8.27M | 7.48M | 8.95M | |||||
| Gross Profit | 40.33M | 34.95M | 28.87M | 25.27M | 21.11M | 14.41M | 15.85M | 23.49M | 22.06M | 15.05M | 16.04M | 20.34M | 24.50M | 22.34M | 19.00M | 23.36M | 24.28M | 23.36M | 23.36M | 24.89M | |||||
| Operating items | |||||||||||||||||||||||||
| Amortization - Intangibles | 4.36M | 3.77M | 4.07M | 4.07M | 0.28M | ||||||||||||||||||||
| Research & DevelopmentR&D | 25.52M | 28.74M | 35.11M | 35.50M | 34.24M | 33.25M | 26.26M | 22.09M | 18.83M | 14.08M | 14.18M | 12.92M | 10.13M | 8.86M | 7.84M | 7.49M | 8.71M | 7.49M | 9.41M | 8.68M | |||||
| Selling, General & AdministrativeSG&A | 59.02M | 34.31M | 37.10M | 36.47M | 32.14M | 33.41M | 20.68M | 19.65M | 15.82M | 5.14M | 12.35M | 11.38M | 11.48M | 10.48M | 11.23M | 13.72M | 12.95M | 13.72M | 12.15M | 11.03M | |||||
| Restructuring CostsRestructuring | 0.02M | 5.94M | 2.96M | 12.78M | 2.35M | 9.12M | -4.20M | 0.97M | 0.11M | 4.70M | 0.10M | 0.72M | 0.03M | 0.09M | 0.03M | 0.66M | 0.00M | ||||||||
| Other Operating ExpensesOther Opex | 26.32M | 31.76M | 26.41M | 424.69M | 78.65M | 19.95M | 17.57M | 16.13M | 14.49M | 9.28M | 9.76M | 9.00M | 9.47M | 6.18M | 7.19M | 6.95M | 7.87M | 6.95M | 6.20M | 6.74M | |||||
| Operating ExpensesOpex | 110.86M | 94.81M | 98.62M | 496.68M | 150.97M | 89.56M | 77.29M | 60.21M | 58.26M | 24.30M | 37.26M | 33.41M | 35.78M | 25.61M | 26.98M | 28.18M | 29.62M | 28.18M | 28.43M | 26.46M | |||||
| Operating IncomeOp. Inc | -70.54M | -59.87M | -69.75M | -471.42M | -129.86M | -75.16M | -61.44M | -36.72M | -36.20M | -9.25M | -21.22M | -13.07M | -11.28M | -3.27M | -7.98M | -4.83M | -5.35M | -4.83M | -5.06M | -1.58M | |||||
| EBIT | -70.54M | -59.87M | -69.75M | -471.42M | -129.86M | -75.16M | -61.44M | -36.72M | -36.20M | -9.25M | -21.22M | -13.07M | -11.28M | -3.27M | -7.98M | -4.83M | -5.35M | -4.83M | -5.06M | -1.58M | |||||
| Non-operating items | |||||||||||||||||||||||||
| Non Operating Interest Expenses | 5.62M | 5.66M | 5.56M | 5.73M | 6.16M | 7.35M | 7.57M | 7.95M | 8.21M | 7.08M | 5.10M | 1.65M | |||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.12M | 0.11M | 0.09M | 0.01M | 3.28M | 1.54M | 2.88M | 3.23M | 2.63M | -1.71M | 5.65M | -4.45M | 10.67M | 1.07M | 1.11M | 1.02M | 17.35M | 1.02M | 0.04M | 0.22M | |||||
| Net income details | |||||||||||||||||||||||||
| EBT | -76.03M | -65.42M | -75.22M | -477.14M | -132.73M | -80.97M | -66.12M | -41.44M | -41.78M | -18.05M | -20.67M | -19.17M | -0.61M | -2.21M | -6.87M | -3.81M | 12.00M | -3.81M | -5.02M | -1.35M | |||||
| Tax ProvisionsTaxes | 0.30M | 6.11M | -2.80M | 0.10M | 0.01M | 0.48M | 0.10M | 0.10M | 0.04M | -0.11M | 0.04M | 0.03M | 0.02M | 0.02M | 0.03M | 0.04M | 0.03M | 0.04M | 0.06M | 0.12M | |||||
| Profit After TaxPAT | -77.02M | -73.03M | -72.10M | -441.37M | -133.97M | -82.71M | -65.42M | -41.23M | -43.21M | -31.81M | -20.67M | -19.41M | -8.25M | -6.51M | -9.52M | -11.22M | 12.14M | -11.22M | -8.05M | -6.41M | |||||
| Equity Income | -0.38M | -0.34M | |||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 0.59M | 0.18M | -0.31M | -35.83M | -6.62M | -0.87M | -0.78M | -0.26M | -0.06M | -0.09M | 0.01M | -0.01M | -0.18M | 0.12M | -0.18M | ||||||||||
| Income from Continuing OperationsIncome (Continuing) | -76.33M | -71.53M | -72.42M | -477.24M | -132.75M | -81.44M | -66.22M | -41.54M | -41.82M | -17.95M | -20.71M | -19.20M | -0.63M | -2.22M | -6.90M | -3.85M | 11.97M | -3.85M | -5.08M | -1.47M | |||||
| Income from Discontinued OperationsIncome (Discontinued) | 0.05M | -0.22M | -2.00M | 1.51M | -2.80M | -3.00M | 0.12M | -3.00M | -2.58M | 0.33M | |||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -76.33M | -71.53M | -72.42M | -477.24M | -132.75M | -81.44M | -66.22M | -41.54M | -41.82M | -17.95M | -20.66M | -19.42M | -2.63M | -0.71M | -9.70M | -6.85M | 12.10M | -6.85M | -7.67M | -1.15M | |||||
| Income towards Parent CompanyParent Net Inc | -76.33M | -71.53M | -72.42M | -477.24M | -132.75M | -81.44M | -66.22M | -41.54M | -41.82M | -17.95M | -20.66M | -19.42M | -2.63M | -0.71M | -9.70M | -6.85M | 12.10M | -6.85M | -7.67M | -1.15M | |||||
| Preferred Dividend PaymentsPref Dividends | 1.43M | 1.44M | 37.01M | 7.85M | 2.14M | 2.06M | 1.59M | 1.45M | -5.10M | 2.66M | 4.05M | 4.17M | 4.20M | 4.38M | 4.56M | 4.38M | 4.73M | 4.93M | |||||||
| Net Income towards Common StockholdersNet Income | -76.92M | -73.12M | -73.55M | -478.38M | -133.97M | -82.71M | -67.47M | -42.82M | -43.21M | -31.81M | -22.13M | -23.59M | -8.25M | -6.51M | -14.97M | -11.22M | 7.54M | -11.22M | -12.78M | -6.41M | |||||
| Additional items | |||||||||||||||||||||||||
| EPS (Basic) | -0.38 | -0.55 | -0.32 | -2.06 | -0.57 | -0.35 | -0.28 | -0.18 | -0.18 | -0.13 | -0.09 | -0.09 | -0.03 | -0.03 | -0.06 | -0.04 | 0.03 | -0.04 | -0.05 | -0.03 | |||||
| EPS (Diluted) | -0.38 | -0.55 | -0.32 | -2.06 | -0.57 | -0.35 | -0.28 | -0.18 | -0.18 | -0.13 | -0.09 | -0.09 | -0.03 | -0.03 | -0.06 | -0.04 | 0.03 | -0.04 | -0.05 | -0.03 | |||||
| Shares Outstanding | 200.18M | 131.99M | 230.33M | 232.50M | 235.27M | 234.16M | 241.44M | 244.26M | 246.41M | 245.21M | 250.93M | 253.07M | 254.91M | 253.92M | 258.83M | 259.21M | 259.63M | 258.95M | 255.63M | 239.91M | |||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 200.18M | 131.99M | 230.33M | 232.50M | 235.27M | 234.16M | 241.44M | 244.26M | 246.41M | 245.21M | 250.93M | 253.07M | 254.91M | 253.92M | 258.83M | 259.21M | 268.72M | 258.95M | 255.63M | 239.91M | |||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 229.76M | 242.96M | 232.40M | 234.79M | 237.58M | 240.93M | 243.61M | 245.78M | 247.95M | 249.91M | 252.32M | 254.21M | 255.88M | 258.17M | 258.82M | 260.05M | 260.10M | 256.04M | 247.34M | 236.51M | |||||
| EBITDA | -70.54M | -59.87M | -69.75M | -471.42M | -129.86M | -75.16M | -61.44M | -36.72M | -36.20M | -9.25M | -21.22M | -13.07M | -11.28M | -3.27M | -7.98M | -4.83M | -5.35M | -4.83M | -5.06M | -1.58M | |||||
| Interest ExpensesInt Expense | 5.62M | 5.66M | 5.56M | 5.73M | 6.16M | 7.35M | 7.57M | 7.95M | 8.21M | 7.08M | 5.10M | 1.65M | |||||||||||||
| Tax Rate | -0.39% | -9.35% | 3.72% | -0.02% | -0.01% | -0.59% | -0.15% | -0.24% | -0.11% | 0.59% | -0.20% | -0.16% | -3.44% | -0.73% | -0.44% | -1.08% | 0.22% | -1.08% | -1.25% | -8.78% |