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 Dec2025
Revenue & cost
Revenue (Quarter) 21.92M27.88M30.63M31.88M32.06M89.57M80.99M71.52M65.54M55.35M42.78M37.34M42.81M40.59M-11.19M23.84M28.70M33.10M30.12M26.84M31.63M32.70M32.42M
Cost of Revenue (Quarter) 11.56M12.18M25.91M10.86M18.27M21.96M27.98M22.34M40.27M20.52M28.38M21.48M16.13M14.49M9.28M9.76M8.36M9.47M4.31M7.19M6.95M7.87M10.41M
Gross Profit (Quarter) 13.26M18.39M21.84M21.02M19.70M40.33M34.95M28.87M25.27M21.11M14.41M15.85M23.49M22.06M15.05M16.04M20.34M24.50M22.34M19.00M23.36M24.28M24.53M
Operating items
Amortization - Intangibles (Quarter) 4.36M3.77M4.07M4.07M0.28M
Research & Development (Quarter) 14.68M13.82M15.19M17.07M20.88M25.52M28.74M35.11M35.50M34.24M33.25M26.26M22.09M18.83M14.08M14.18M12.92M10.13M8.86M7.84M7.49M8.71M8.81M
Selling, General & Administrative (Quarter) 7.83M7.75M8.45M15.28M20.18M59.02M34.31M37.10M36.47M32.14M33.41M20.68M19.65M15.82M5.14M12.35M11.38M11.48M10.48M11.23M13.72M12.95M12.21M
Restructuring Costs (Quarter) 5.94M2.96M12.78M2.35M9.12M-4.20M0.97M0.11M1.44M0.10M0.72M0.03M0.09M0.03M
Other Operating Expenses (Quarter) 11.56M12.18M14.26M15.87M18.27M26.32M31.76M26.41M424.71M78.65M19.95M17.57M16.13M14.49M9.28M9.76M9.00M12.73M6.18M7.19M6.95M7.87M7.06M
Operating Expenses (Quarter) 34.06M33.74M37.90M48.22M59.34M110.86M94.81M98.62M496.68M150.97M89.56M77.29M60.21M58.26M24.30M37.26M33.41M35.78M25.61M26.98M28.18M29.62M28.11M
Operating Income (Quarter) -20.81M-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-9.25M-21.22M-13.07M-11.28M-3.27M-7.98M-4.83M-5.35M-3.58M
EBIT (Quarter) -20.81M-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-9.25M-21.22M-13.07M-11.28M-3.27M-7.98M-4.83M-5.35M-3.58M
Non-operating items
Other Non Operating Income (Quarter) 0.24M0.15M0.07M0.15M0.11M0.12M0.11M0.09M0.01M3.28M1.54M2.88M3.23M2.63M-1.71M5.65M-4.45M10.67M1.07M1.11M1.02M17.35M1.38M
Non Operating Income (Quarter) 0.24M0.15M0.07M0.15M0.11M0.12M0.11M0.09M0.01M3.28M1.54M2.88M3.23M2.63M-1.71M5.65M-4.45M10.67M1.07M1.11M1.02M17.35M1.38M
Net income details
EBT (Quarter) -20.57M-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-18.05M-20.67M-19.17M-0.61M-2.21M-6.87M-3.81M12.00M-2.21M
Tax Provisions (Quarter) 0.01M0.01M0.01M0.01M-45.30M0.30M6.11M-2.80M0.10M0.01M0.46M0.07M0.05M0.04M-0.07M0.04M0.03M0.02M0.02M0.03M0.04M0.03M0.15M
Profit After Tax (Quarter) -20.57M-15.21M-15.98M-27.07M5.77M-76.92M-71.69M-72.10M-441.37M-126.13M-124.21M-65.42M-41.23M-41.76M-30.29M-20.67M-19.41M-2.63M-0.82M-6.90M-3.85M12.10M-2.71M
Income from Non-Controlling Interests (Quarter) 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 (Quarter) -20.57M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.43M-66.19M-41.49M-41.82M-17.98M-20.71M-19.20M-0.63M-2.22M-6.90M-3.85M11.97M-2.36M
Consolidated Net Income (Quarter) -20.57M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.43M-66.19M-41.49M-41.82M-17.98M0.05M-0.22M-2.00M1.51M-2.80M-3.00M0.12M-0.18M
Income towards Parent Company (Quarter) -20.57M-15.21M-15.98M-27.07M5.78M-76.33M-71.53M-72.42M-477.24M-132.75M-81.43M-66.19M-41.49M-41.82M-17.98M0.05M-0.22M-2.00M1.51M-2.80M-3.00M0.12M-0.18M
Preferred Dividend Payments (Quarter) 1.43M1.44M37.01M7.85M-46.30M2.06M2.66M4.05M4.17M4.20M4.38M4.56M4.70M
Net Income towards Common Stockholders (Quarter) -20.57M-15.21M-15.98M-27.07M-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-11.22M7.54M-7.23M
Additional items
EPS (Basic) (Quarter) -0.53-0.38-0.37-0.60-0.38-0.31-0.32-2.06-0.57-0.33-0.28-0.18-0.18-0.06-0.08-0.09-0.03-0.05-0.04-0.030.02-0.03
EPS (Weighted Average and Diluted) (Quarter) -0.53-0.38-0.37-0.60-0.38-0.31-0.32-2.06-0.57-0.33-0.28-0.18-0.18-0.13-0.08-0.09-0.03-0.03-0.04-0.030.02-0.03
Shares Outstanding (Weighted Average) (Quarter) 38.00M38.59M39.41M45.09M48.55M99.64M131.99M230.33M232.50M232.72M234.16M241.44M242.86M244.06M245.21M250.93M253.07M254.91M253.92M258.83M259.21M259.63M258.95M
Shares Outstanding (Diluted Average) (Quarter) 39.17M39.76M39.41M45.09M48.55M200.18M131.99M230.33M232.50M235.27M234.16M241.44M242.86M244.06M245.21M250.93M252.00M254.91M253.92M258.83M259.00M268.72M258.95M
EBITDA (Quarter) -20.40M-15.28M-16.01M-27.05M5.76M-76.42M-72.23M-74.23M-441.80M-125.24M-36.35M-65.39M-42.27M-41.47M-29.53M-20.76M-19.45M-2.17M-0.80M-9.55M-6.90M12.14M-2.49M
Interest Expenses (Quarter) 5.62M5.66M5.56M5.73M6.16M7.35M7.57M7.95M8.21M7.08M5.10M1.65M
Tax Rate (Quarter) -0.03%-0.05%-0.04%-0.04%114.62%-0.39%-9.35%3.72%-0.02%-0.01%-0.57%-0.11%-0.13%-0.11%0.41%-0.20%-0.16%-3.44%-0.73%-0.44%-1.08%0.22%-6.85%