Blend Labs (BLND) Income Statement: Revenue & Earnings

Blend Labs Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

Scale:

Scroll to see more

Blend Labs, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	162.02	156.85	235.20	234.50	96.03
Cost of Revenue	71.48	75.71	145.55	118.51	34.29
Gross Profit	90.54	81.14	89.65	115.99	61.74
Operating Expenses
Research & Development	46.09	81.59	138.09	92.22	55.50
Selling, General & Administrative	86.61	130.82	224.37	212.88	81.53
Operating Expenses	132.69	212.41	370.87	313.23	137.03
Operating Income	-42.15	-131.27	-281.22	-197.24	-75.29
Other Income/Expense
Interest Income	5.40	11.40	2.40	0.40	1.00
Interest Expense	-6.75	30.81	24.79	11.28	0.00
Other Income/Expense	0.14	-17.70	-460.04	0.49	-0.30
Income
Income Before Tax	-43.31	-179.79	-766.05	-208.03	-74.59
Income Tax Expense	0.11	0.09	-2.24	-38.89	0.03
Net Income	-43.35	-185.32	-768.61	-171.34	-74.62
Net Income - Continuous Operations	-43.42	-179.88	-763.81	-169.14	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-40.36	-143.21	-726.85	-182.94	-71.30
EBIT	-42.15	-148.97	-741.26	-196.75	-75.29
Depreciation & Amortization	1.79	5.76	8.41	8.14	3.99
Earnings Per Share
Basic EPS	-	-1.00	-3.00	-1.00	-2.00
Diluted EPS	-	-1.00	-3.00	-1.00	-2.00
Basic Shares Outstanding	253.92	245.21	234.16	131.99	39.41
Diluted Shares Outstanding	253.92	245.21	234.16	131.99	39.41