_id

690f3679ccc777a4e85d176b

Ticker

BLND

Name

Blend Labs Inc

Exchange

NYSE

Address

7250 Redwood Blvd., Novato, CA, United States, 94945

Country

USA

Sector

Technology

Industry

Software - Application

Currency

USD

Website

https://blend.com

Description

Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners' insurance, and title. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services; and other trustee services, as well as professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.

Last Close

3.33

Volume

3422459

Current Price

3.13

Change

-6.006006006006012

Last Updated

2025-11-28T12:59:04.163Z

Image

data:image/webp;base64,UklGRtwGAABXRUJQVlA4WAoAAAAQAAAAPwAAPwAAQUxQSC8FAAANmWWI6H+4yIq2TY4kSbNaa3GGvf+ZtNZajcz0rL3Ajww57+JVB4gVP7MVfoBOns1jlTEjwasOkM2d2AEmeQ3POoAR55sHqOaBIiZgAl6Ld/6Yz/qKD/uGH/qOX0DJP/iNX/qp9bd+54M+4pMuH/U++GMkyPej/drq7tipk17qAz6E1n9lXnHKsYvyHr8HwuDMhEQ5c3ghuHeNuL/X/rybRCE3NUVoGXVDr4ElfiI11cpA3Y2mdG5DNzIVnXGqMf+ImLOI6+zDBgq6ORGUnBqj8ceSiqI63eipngz0jZwgORginhPtEonuzhLSn/TUanVsTgAKJSOoOVeL8NmJkq4zwsxA3wiAik5u7TNGpiT5KTh3lIGCMMC5jVMcU4RxdPER1omMAjs0JLOvCz+BTJcBg9LL0OjaPcjNgIGzS7ZhVCUQTkfRiOEyT4qI2AK4rJjkMsTSko0OLxHDhs45ifuwwS2wdBeTASgMBqKgjY+zrme1/nNp1qpt4ZV+phFOHU5niXrNqXcfek6hxRibGeGQACBDDUSJWPxnBHay0MO0eovTRojwc5cAoIayxqqrVIyl6Xk6poU126B1inpTqNJMvQRBiBswGkP7dJMWrb7DACfFQrh2q6ZS4q2OUMCWCsxPk2NYNQAMivR+WGYozAOCHbPGAPrDqqQEbNQ+94fv+TICcA/sDqh1hDzMk2f2Rjg6/AsI+BSLy4QraNUiZF0fOvtCzZWdAGbEPS5yFYAWJ0zTUbP7cKtjAOhns8EzdqzKai6IasF7f/d4eBeXdrrInMdohjl3pN55MVpX1oWLm/S5kzHMZ4tqtzfYseQhPu3UOKXQql+/GOfp4fzP8aLOi9T3PufrsGudj9yfLqaaHaxoFkfPtYPui33eD2DnLnPXuD/tbcrJV9P26t7O3/bwVczr/eNfcQU1c+JpuR+qMmvXUaON79MDYPHAq8BhVW6mG/uiBSNnSbW2f2nPjjcH4koaI/Q4T45Rw+qcPYY1M5lkQowrwIjGWO/Wv+Ll5UKV7ElbHuM8P7mtp52RBoF5y2Ou1qwZe0qw2UVSk3PbWYx+p7x8id8dvul/H3D9qjl7TtSxfzXy2dR63ZUCKYxX18c+z3o8VQtDdhkDS33y1dV249KhSpflls/Wp/WBjy2AWbq0uFz0rmPHSkGDMq3GQOrqEjV86ZnecKlPgrntBKoA4NPszUbI4fBcTpc9VDOljgHtrraTt/V+qFYbpddZpI9qlZ6dMQxdibL0DXIl4z17PM8Y3fLhRutjnVW685ZHcWcRNfrbeJ8YEfAHBVAlNcVfDDPRjGqd7ijpdKMD8BVo7SXfe1C8NZR6zs77QEKB6tASjq4eVSTPJ4aFn1e8o2HS1FENrnSaKbyEqC6kiTj2dS+njk2XCbNcQBOkNaIMk+6VLjTD7XNs2cRVDAalDydKmrCnroNjj1fr/7H1gEKxW5Ki4FuPia2D5imDgBqs0BjmriqaEwp6hYoO7JI+qFSqJEous0LCAHUdDi8BAnAoyl7Sj/N56XBNq1QtsssxJvX52AJQOs0EJQmDw30bJ8ycOcvdcj0BUKB6FoENqCq2JeAUh8xtT8CnqNZnFLVYrKcmtwCgrpPfLX8igO685XWWcXOAEnBuRAcUytNCAP0cw3BGoT77CADExg5QOQYIIA91DKxZCh1G0OkbvdUAVcDz3HCJFzcozDQZhMNR1BWzjtpuX/4Vpd0UypEo6qoUxuB4vMMOzYFEWWVX1P1oL74FO6U7yzjEAJr7E7cCAFZQOCCGAQAAMAoAnQEqQABAAD6tTp1JpiUjIS4dvVDAFYliAMm8sFCJAzyeFD6ZzvJaNZWlCFU97sdHusOmKKctE7AMBg2J/pAyojOc0llCuLXXmofr02g0bVubPmVr4suAAP70Zf9+ZPiSrl1Ikuei1Xr9MxxWjNgt+bCT39VSWE50BuOUeFjoteEeLtkEvrButdhkzdk17gyqghVPW+mzfXPmotELqVaERhIfmP+ybaonXUTWc/PE+u097d9Qdn8pKdy78BfhAs2jaa468/bNy8FIszqXPXRjLWnDSkVQWcUWrhvByzvxCMm1gJyHVkvQkNYN/ThQAvak1bleDCpATDCID/OQwaL708brAfM+40ZfGBIMM2NqwtW9dTX3lL/MQG+bH6case2bI/QRaukgcJwaP4u6eYIqcSIPLiz83dPbNiDl5oNkl5Nzlt5jJPXTZ+6IiQsJ2xbKeNyDx6Ai39VJb7QpAz3Kh/MHWpMcDFL7UFXRsQWUoj0fU9/o7cP0deqPc77ILKPQAAAA

Ipo Date

2021-07-16T00:00:00.000Z

Market Cap

813007872

Next Dividend Date

-

Dividend Frequency

-

Dividend Rate

-

Dividend Yield

0

Sentiment

0.8540000000000001

Sentiment Sources

5

Rating

4.1429

Target Price

4.675

Strong Buy

3

Buy

2

Hold

2

Sell

0

Strong Sell

0

Current Quarter

2025-09-30

Revenue

32860000

Cost Of Revenue

8404000

Gross Profit

24456000

Operating Expenses

29367000

Operating Income

-4911000

Interest Expense

0

Pretax Income

12437000

Net Income

12532000

Eps

0.04663607709168313

Dividends Per Share

-

Shares Outstanding

256119535

Income Tax Expense

27000

EBITDA

12466333

Operating Margin

-14.945222154595253

Total Other Income Expense Net

17348000

Cash

55021000

Short Term Investments

22234000

Receivables

15336000

Inventories

-

Total Current Assets

115988000

Property Plant Equipment

24551000

Total Assets

189566000

Payables

772000

Short Term Debt

305000

Long Term Debt

-

Total Liabilities

47252000

Equity

142314000

Depreciation

1621000

Change In Working Capital

-61000

Cash From Operations

-3490000

Capital Expenditures

2272000

Cash From Investing

27393000

Cash From Financing

-6199000

Net Change In Cash

17704000

PE

-

PB

5.910103503520385

ROE

8.805879955591157

ROA

6.610890138526951

FCF

-5762000

Fcf Percent

-0.17534996956786367

Piotroski FScore

2

Health Score

57

Deep Value Investing Score

6

Defensive Investing Score

7

Dividend Investing Score

1.5

Economic Moat Investing Score

7

Garp Investing Score

2.5

Growth Investing Score

1

Momentum Investing Score

3.5

Net Net Investing Score

2.5

Quality Investing Score

5

Value Investing Score

6.5

Quarters > 0 > quarter

2025-09-30

Quarters > 0 > income Statement > revenue

32860000

Quarters > 0 > income Statement > cost Of Revenue

8404000

Quarters > 0 > income Statement > gross Profit

24456000

Quarters > 0 > income Statement > operating Expenses

29367000

Quarters > 0 > income Statement > operating Income

-4911000

Quarters > 0 > income Statement > interest Expense

0

Quarters > 0 > income Statement > pretax Income

12437000

Quarters > 0 > income Statement > net Income

12532000

Quarters > 0 > income Statement > eps

0.04663607709168313

Quarters > 0 > income Statement > dividends Per Share

-

Quarters > 0 > income Statement > shares Outstanding

268719000

Quarters > 0 > income Statement > income Tax Expense

27000

Quarters > 0 > income Statement > EBITDA

12466333

Quarters > 0 > income Statement > operating Margin

-14.945222154595253

Quarters > 0 > income Statement > total Other Income Expense Net

17348000

Quarters > 0 > balance Sheet > cash

55021000

Quarters > 0 > balance Sheet > short Term Investments

22234000

Quarters > 0 > balance Sheet > receivables

15336000

Quarters > 0 > balance Sheet > inventories

-

Quarters > 0 > balance Sheet > total Current Assets

115988000

Quarters > 0 > balance Sheet > property Plant Equipment

24551000

Quarters > 0 > balance Sheet > total Assets

189566000

Quarters > 0 > balance Sheet > payables

772000

Quarters > 0 > balance Sheet > short Term Debt

305000

Quarters > 0 > balance Sheet > long Term Debt

-

Quarters > 0 > balance Sheet > total Liabilities

47252000

Quarters > 0 > balance Sheet > equity

142314000

Quarters > 0 > cash Flow > net Income

12532000

Quarters > 0 > cash Flow > depreciation

1621000

Quarters > 0 > cash Flow > change In Working Capital

-61000

Quarters > 0 > cash Flow > cash From Operations

-3490000

Quarters > 0 > cash Flow > capital Expenditures

2272000

Quarters > 0 > cash Flow > cash From Investing

27393000

Quarters > 0 > cash Flow > cash From Financing

-6199000

Quarters > 0 > cash Flow > net Change In Cash

17704000

Quarters > 0 > ratios > PE

0.04663607709168313

Quarters > 0 > ratios > PB

5.910103503520385

Quarters > 0 > ratios > ROE

8.805879955591157

Quarters > 0 > ratios > ROA

6.610890138526951

Quarters > 0 > ratios > FCF

-5762000

Quarters > 0 > ratios > Piotroski FScore

2

Quarters > 0 > ratios > fcf Percent

-0.17534996956786367

Quarters > 0 > health Score

57

Quarters > 1 > quarter

2025-06-30

Quarters > 1 > income Statement > revenue

31523000

Quarters > 1 > income Statement > cost Of Revenue

8218000

Quarters > 1 > income Statement > gross Profit

23305000

Quarters > 1 > income Statement > operating Expenses

27929000

Quarters > 1 > income Statement > operating Income

-4624000

Quarters > 1 > income Statement > interest Expense

0

Quarters > 1 > income Statement > pretax Income

-3606000

Quarters > 1 > income Statement > net Income

-6645000

Quarters > 1 > income Statement > eps

-0.025635486148350185

Quarters > 1 > income Statement > dividends Per Share

-

Quarters > 1 > income Statement > shares Outstanding

259211000

Quarters > 1 > income Statement > income Tax Expense

41000

Quarters > 1 > income Statement > EBITDA

-2844000

Quarters > 1 > income Statement > operating Margin

-14.66865463312502

Quarters > 1 > income Statement > total Other Income Expense Net

1018000

Quarters > 1 > balance Sheet > cash

36499000

Quarters > 1 > balance Sheet > short Term Investments

51801000

Quarters > 1 > balance Sheet > receivables

16256000

Quarters > 1 > balance Sheet > inventories

-

Quarters > 1 > balance Sheet > total Current Assets

126830000

Quarters > 1 > balance Sheet > property Plant Equipment

22959000

Quarters > 1 > balance Sheet > total Assets

183072000

Quarters > 1 > balance Sheet > payables

1201000

Quarters > 1 > balance Sheet > short Term Debt

958000

Quarters > 1 > balance Sheet > long Term Debt

-

Quarters > 1 > balance Sheet > total Liabilities

55396000

Quarters > 1 > balance Sheet > equity

127676000

Quarters > 1 > cash Flow > net Income

-3647000

Quarters > 1 > cash Flow > depreciation

762000

Quarters > 1 > cash Flow > change In Working Capital

-10222000

Quarters > 1 > cash Flow > cash From Operations

-6368000

Quarters > 1 > cash Flow > capital Expenditures

3733000

Quarters > 1 > cash Flow > cash From Investing

-10831000

Quarters > 1 > cash Flow > cash From Financing

-3651000

Quarters > 1 > cash Flow > net Change In Cash

-20850000

Quarters > 1 > ratios > PE

-0.025635486148350185

Quarters > 1 > ratios > PB

6.354604075942229

Quarters > 1 > ratios > ROE

-5.204580343995739

Quarters > 1 > ratios > ROA

-3.629719454640797

Quarters > 1 > ratios > FCF

-10101000

Quarters > 1 > ratios > Piotroski FScore

1

Quarters > 1 > ratios > fcf Percent

-0.32043269993338197

Quarters > 1 > health Score

27

Quarters > 2 > quarter

2025-03-31

Quarters > 2 > income Statement > revenue

26770000

Quarters > 2 > income Statement > cost Of Revenue

7812000

Quarters > 2 > income Statement > gross Profit

18958000

Quarters > 2 > income Statement > operating Expenses

26651000

Quarters > 2 > income Statement > operating Income

-7693000

Quarters > 2 > income Statement > interest Expense

0

Quarters > 2 > income Statement > pretax Income

-6579000

Quarters > 2 > income Statement > net Income

-10484000

Quarters > 2 > income Statement > eps

-0.040505038016937625

Quarters > 2 > income Statement > dividends Per Share

-

Quarters > 2 > income Statement > shares Outstanding

258832000

Quarters > 2 > income Statement > income Tax Expense

30000

Quarters > 2 > income Statement > EBITDA

-6095000

Quarters > 2 > income Statement > operating Margin

-28.737392603660815

Quarters > 2 > income Statement > total Other Income Expense Net

1114000

Quarters > 2 > balance Sheet > cash

56244000

Quarters > 2 > balance Sheet > short Term Investments

48574000

Quarters > 2 > balance Sheet > receivables

13497000

Quarters > 2 > balance Sheet > inventories

-

Quarters > 2 > balance Sheet > total Current Assets

139944000

Quarters > 2 > balance Sheet > property Plant Equipment

17255000

Quarters > 2 > balance Sheet > total Assets

188266000

Quarters > 2 > balance Sheet > payables

2666000

Quarters > 2 > balance Sheet > short Term Debt

1713000

Quarters > 2 > balance Sheet > long Term Debt

-

Quarters > 2 > balance Sheet > total Liabilities

205152000

Quarters > 2 > balance Sheet > equity

-16886000

Quarters > 2 > cash Flow > net Income

-6609000

Quarters > 2 > cash Flow > depreciation

484000

Quarters > 2 > cash Flow > change In Working Capital

19985000

Quarters > 2 > cash Flow > cash From Operations

20390000

Quarters > 2 > cash Flow > capital Expenditures

4587000

Quarters > 2 > cash Flow > cash From Investing

3228000

Quarters > 2 > cash Flow > cash From Financing

-5176000

Quarters > 2 > cash Flow > net Change In Cash

18442000

Quarters > 2 > ratios > PE

-0.040505038016937625

Quarters > 2 > ratios > PB

-47.977268743337675

Quarters > 2 > ratios > ROE

62.08693592325003

Quarters > 2 > ratios > ROA

-5.568716603104119

Quarters > 2 > ratios > FCF

15803000

Quarters > 2 > ratios > Piotroski FScore

2

Quarters > 2 > ratios > fcf Percent

0.5903249906611879

Quarters > 2 > health Score

50

Quarters > 3 > quarter

2024-12-31

Quarters > 3 > income Statement > revenue

41408000

Quarters > 3 > income Statement > cost Of Revenue

16679000

Quarters > 3 > income Statement > gross Profit

24729000

Quarters > 3 > income Statement > operating Expenses

26516000

Quarters > 3 > income Statement > operating Income

-1787000

Quarters > 3 > income Statement > interest Expense

13494000

Quarters > 3 > income Statement > pretax Income

-682000

Quarters > 3 > income Statement > net Income

-2336000

Quarters > 3 > income Statement > eps

-0.009098876273199993

Quarters > 3 > income Statement > dividends Per Share

-

Quarters > 3 > income Statement > shares Outstanding

256735000

Quarters > 3 > income Statement > income Tax Expense

26000

Quarters > 3 > income Statement > EBITDA

289000

Quarters > 3 > income Statement > operating Margin

-4.315591190108192

Quarters > 3 > income Statement > total Other Income Expense Net

1105000

Quarters > 3 > balance Sheet > cash

42243000

Quarters > 3 > balance Sheet > short Term Investments

56233000

Quarters > 3 > balance Sheet > receivables

19904000

Quarters > 3 > balance Sheet > inventories

-

Quarters > 3 > balance Sheet > total Current Assets

135170000

Quarters > 3 > balance Sheet > property Plant Equipment

13790000

Quarters > 3 > balance Sheet > total Assets

178012000

Quarters > 3 > balance Sheet > payables

2417000

Quarters > 3 > balance Sheet > short Term Debt

3031000

Quarters > 3 > balance Sheet > long Term Debt

-

Quarters > 3 > balance Sheet > total Liabilities

181993000

Quarters > 3 > balance Sheet > equity

-56356000

Quarters > 3 > cash Flow > net Income

-6506000

Quarters > 3 > cash Flow > depreciation

971000

Quarters > 3 > cash Flow > change In Working Capital

-10589000

Quarters > 3 > cash Flow > cash From Operations

-4586000

Quarters > 3 > cash Flow > capital Expenditures

2581000

Quarters > 3 > cash Flow > cash From Investing

-1889000

Quarters > 3 > cash Flow > cash From Financing

-6323000

Quarters > 3 > cash Flow > net Change In Cash

-7775000

Quarters > 3 > ratios > PE

-0.009098876273199993

Quarters > 3 > ratios > PB

-14.259006139541487

Quarters > 3 > ratios > ROE

4.145077720207254

Quarters > 3 > ratios > ROA

-1.3122710828483475

Quarters > 3 > ratios > FCF

-7167000

Quarters > 3 > ratios > Piotroski FScore

0

Quarters > 3 > ratios > fcf Percent

-0.17308249613601237

Quarters > 3 > health Score

18

Valuation > metrics > PE

0.04663607709168313

Valuation > metrics > PB

5.910103503520385

Valuation > final Score

40.89896496479615

Valuation > verdict

1.3% Undervalued

Profitability > metrics > ROE

8.805879955591157

Profitability > metrics > ROA

10.80456598958513

Profitability > metrics > Net Margin

0.3813755325623859

Profitability > final Score

78

Profitability > verdict

Adequate

Risk > metrics > Debt Equity

0.3320263642368284

Risk > metrics > Interest Coverage

-167.42235707223946

Risk > final Score

-610

Risk > verdict

High

Liquidity > metrics > Current Ratio

107.69545032497679

Liquidity > metrics > Quick Ratio

107.69545032497679

Liquidity > final Score

100

Liquidity > verdict

Great

Prev Valuations > 0

20

Prev Valuations > 1

50

Prev Valuations > 2

50

Prev Profitabilities > 0

0

Prev Profitabilities > 1

40

Prev Profitabilities > 2

8

Prev Risks > 0

36

Prev Risks > 1

-34

Prev Risks > 2

29

Prev Liquidities > 0

100

Prev Liquidities > 1

100

Prev Liquidities > 2

100

Updated At

2025-12-14T00:17:13.294Z