Blend Labs Income Statement (2020-2025) | BLND

Income Statement Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 15.60M27.88M30.63M31.88M32.06M89.57M80.99M71.52M65.54M55.35M42.78M37.34M42.81M40.59M36.10M23.84M28.70M33.10M76.38M26.77M31.52M32.86M
Cost of Revenue 13.43M12.18M14.26M15.87M18.27M49.24M46.05M42.66M40.27M34.24M28.38M21.48M19.32M18.53M16.38M9.76M9.00M9.47M43.24M7.81M8.22M8.40M
Gross Profit 8.24M18.39M21.84M21.02M19.70M40.33M34.95M28.87M25.27M21.11M14.41M15.85M23.49M22.06M19.73M16.04M20.34M24.50M29.66M18.96M23.30M24.46M
Operating items
Amortization - Intangibles 4.36M3.77M4.07M4.07M0.28M
Research & Development 11.82M13.82M15.19M17.07M20.88M25.52M28.74M35.11M35.50M34.24M33.25M26.26M22.09M18.83M14.42M14.18M12.92M10.13M8.86M7.52M7.33M8.52M
Selling, General & Administrative 6.08M7.75M8.45M15.28M20.18M59.02M34.31M37.10M36.47M32.14M33.41M20.68M19.65M15.82M14.54M12.35M11.38M11.48M15.35M11.22M13.62M12.88M
Restructuring Costs 6.40M5.94M2.96M12.78M2.35M9.12M0.69M0.97M0.11M4.70M1.68M0.72M0.03M0.09M
Other Operating Expenses 13.43M12.18M14.26M15.87M18.27M26.32M31.76M26.41M418.31M78.65M19.95M17.57M16.13M14.49M11.94M9.76M9.00M9.47M7.82M7.19M6.95M7.87M
Operating Expenses 31.33M33.74M37.90M48.22M59.34M110.86M94.81M98.62M496.68M150.97M89.56M77.29M60.21M58.26M41.59M37.26M33.41M35.78M33.71M26.65M27.93M29.37M
Operating Income -23.08M-15.35M-16.05M-27.21M-39.63M-70.54M-59.87M-69.75M-471.42M-129.86M-75.16M-61.44M-36.72M-36.20M-21.87M-21.22M-13.07M-11.28M-4.05M-7.69M-4.62M-4.91M
EBIT -23.08M-15.35M-16.05M-27.21M-39.63M-70.54M-59.87M-69.75M-471.42M-129.86M-75.16M-61.44M-36.72M-36.20M-21.87M-21.22M-13.07M-11.28M-4.05M-7.69M-4.62M-4.91M
Non-operating items
Other Non Operating Income 0.24M0.15M0.07M0.15M0.11M0.12M0.11M0.09M0.01M3.28M1.54M2.88M3.23M2.63M-1.50M5.65M-4.45M10.67M1.18M1.11M1.02M17.35M
Non Operating Income 0.24M0.15M0.07M0.15M0.11M0.12M0.11M0.09M0.01M3.28M1.54M2.88M3.23M2.63M-1.50M5.65M-4.45M10.67M1.18M1.11M1.02M17.35M
Net income details
EBT -22.84M-15.20M-15.98M-27.06M-39.52M-76.03M-65.42M-75.22M-477.14M-132.73M-80.97M-66.12M-41.44M-41.78M-30.45M-20.67M-19.17M-0.61M-2.86M-6.58M-3.61M12.44M
Tax Provisions 0.01M0.01M0.01M0.01M-45.30M0.30M6.11M-2.80M0.10M0.01M0.48M0.10M0.10M0.04M-0.11M0.04M0.03M0.02M0.02M0.03M0.04M0.03M
Profit After Tax -22.85M-15.21M-15.98M-27.07M5.77M-76.92M-71.69M-72.42M-477.20M-132.75M-81.44M-66.19M-41.49M-41.82M-30.38M-20.71M-19.42M-2.63M-0.71M-9.41M-6.64M12.53M
Income from Non-Controlling Interests 0.59M0.18M-0.31M-35.83M-6.62M-0.87M-0.78M-0.26M-0.06M-0.09M0.01M-0.01M-0.18M0.12M-0.18M
Income from Continuing Operations -22.85M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.44M-66.22M-41.54M-41.82M-30.34M-20.71M-19.20M-0.63M-2.88M-6.61M-3.65M12.41M
Consolidated Net Income -22.85M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.44M-66.22M-41.54M-41.82M-30.34M0.05M-0.22M-2.00M-2.88M-2.80M-3.00M0.12M
Income towards Parent Company -22.85M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.44M-66.22M-41.54M-41.82M-30.34M0.05M-0.22M-2.00M-2.88M-2.80M-3.00M0.12M
Preferred Dividend Payments 5.77M1.43M1.44M37.01M7.85M-46.30M2.06M2.66M4.05M4.17M4.20M4.38M4.56M
Net Income towards Common Stockholders -22.85M-15.21M-15.98M-27.07M0.01M-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-14.69M-11.02M7.97M
Additional items
EPS (Basic) -0.61-0.38-0.37-0.600.00-0.38-0.31-0.32-2.06-0.57-0.33-0.28-0.18-0.18-0.13-0.08-0.09-0.03-0.03-0.04-0.030.03
EPS (Weighted Average and Diluted) -0.61-0.38-0.37-0.600.00-0.38-0.31-0.32-2.06-0.57-0.33-0.28-0.18-0.18-0.13-0.08-0.09-0.03-0.03-0.04-0.030.02
Shares Outstanding (Weighted Average) 219.59M219.59M227.08M227.08M229.91M232.41M232.61M234.89M237.70M242.85M243.85M245.89M248.20M252.05M252.38M254.24M255.93M259.66M258.52M259.32M
Shares Outstanding (Diluted Average) 39.17M39.76M39.41M45.09M77.86M200.18M131.99M230.33M232.50M235.27M234.16M241.44M244.26M246.41M245.21M250.93M253.07M254.91M253.92M258.83M259.21M268.72M
EBITDA -23.02M-15.28M-16.01M-27.05M5.76M-77.02M-72.41M-74.23M-477.63M-131.86M-79.99M-65.39M-42.27M-41.53M-29.53M-20.76M-19.46M-2.17M-0.87M-9.45M-6.70M12.57M
Interest Expenses 5.62M5.66M5.56M5.73M6.16M7.35M7.57M7.95M8.21M7.08M5.10M1.65M
Tax Rate 3.72%0.35%0.22%