Blend Labs Quarterly Income Statements Chart
Quarterly
|
Annual
Blend Labs Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 55,353,000 | 65,539,000 | 71,524,000 | 80,990,000 | 89,568,000 | 32,062,000 | ||||||||||
| yoy | -38.20% | 104.41% | ||||||||||||||
| qoq | -15.54% | -8.37% | -11.69% | -9.58% | 179.36% | |||||||||||
| software platform | 29,391,000 | 24,260,000 | 27,637,000 | 31,066,000 | 26,475,000 | 21,736,000 | ||||||||||
| professional services | 2,132,000 | 2,510,000 | 2,485,000 | 2,038,000 | 2,221,000 | 2,104,000 | 2,258,000 | 2,137,000 | 2,216,000 | 1,734,000 | ||||||
| total revenue | 31,523,000 | 26,770,000 | 41,408,000 | 45,184,000 | 40,480,000 | 34,947,000 | 36,104,000 | 40,591,000 | 42,815,000 | 37,336,000 | ||||||
| cost of revenue | 34,243,000 | 40,274,000 | 42,655,000 | 46,045,000 | 49,241,000 | 12,360,000 | ||||||||||
| total cost of revenue | 8,218,000 | 7,812,000 | 16,679,000 | 19,188,000 | 18,802,000 | 16,806,000 | 16,378,000 | 18,528,000 | 19,322,000 | 21,483,000 | ||||||
| gross profit | 23,305,000 | 18,958,000 | 24,729,000 | 25,996,000 | 21,678,000 | 18,141,000 | 19,726,000 | 22,063,000 | 23,493,000 | 15,853,000 | 21,110,000 | 25,265,000 | 28,869,000 | 34,945,000 | 40,327,000 | 19,702,000 |
| yoy | 7.51% | 4.50% | 25.36% | 17.83% | -7.73% | 14.43% | -6.56% | -12.67% | -18.62% | -54.63% | -47.65% | 28.24% | ||||
| qoq | 22.93% | -23.34% | -4.87% | 19.92% | 19.50% | -8.04% | -10.59% | -6.09% | 48.19% | -24.90% | -16.45% | -12.48% | -17.39% | -13.35% | 104.68% | |
| gross margin % | 38.14% | 38.55% | 40.36% | 43.15% | 45.02% | 61.45% | ||||||||||
| operating expenses: | ||||||||||||||||
| research and development | 7,332,000 | 7,520,000 | 8,861,000 | 10,127,000 | 12,916,000 | 14,183,000 | 14,417,000 | 18,826,000 | 22,091,000 | 26,257,000 | 34,240,000 | 35,500,000 | 35,106,000 | 28,740,000 | 25,518,000 | 20,884,000 |
| sales and marketing | 6,950,000 | 7,188,000 | 6,581,000 | 9,883,000 | 9,370,000 | 10,215,000 | 11,940,000 | 14,494,000 | 16,128,000 | 17,568,000 | 20,518,000 | 22,438,000 | 22,341,000 | 27,984,000 | 21,957,000 | 18,271,000 |
| general and administrative | 13,619,000 | 11,224,000 | 10,958,000 | 13,140,000 | 12,524,000 | 13,935,000 | 14,542,000 | 15,819,000 | 19,646,000 | 20,681,000 | 32,140,000 | 36,472,000 | 37,102,000 | 34,314,000 | 59,024,000 | 20,181,000 |
| restructuring | 28,000 | 719,000 | 116,000 | 6,165,000 | 207,000 | 983,000 | 694,000 | 9,122,000 | 2,349,000 | 12,783,000 | 5,936,000 | 6,380,000 | ||||
| total operating expenses | 27,929,000 | 26,651,000 | 26,516,000 | 39,315,000 | 35,017,000 | 39,316,000 | 41,593,000 | 58,261,000 | 60,214,000 | 77,289,000 | 150,966,000 | 496,681,000 | 98,617,000 | 94,810,000 | 110,863,000 | 59,336,000 |
| income from operations | -4,624,000 | -7,693,000 | -1,787,000 | -13,319,000 | -13,339,000 | -21,175,000 | -21,867,000 | -36,198,000 | -36,721,000 | -61,436,000 | -129,856,000 | -471,416,000 | -69,748,000 | -59,865,000 | -70,536,000 | -39,634,000 |
| yoy | -65.33% | -63.67% | -91.83% | -63.21% | -63.67% | -65.53% | -83.16% | -92.32% | -47.35% | 2.62% | 84.10% | 1089.42% | ||||
| qoq | -39.89% | 330.50% | -86.58% | -0.15% | -37.01% | -3.16% | -39.59% | -1.42% | -40.23% | -52.69% | -72.45% | 575.88% | 16.51% | -15.13% | 77.97% | |
| operating margin % | -234.60% | -719.29% | -97.52% | -73.92% | -78.75% | -123.62% | ||||||||||
| interest expense | -1,648,000 | -5,099,000 | -7,085,000 | -8,210,000 | -7,947,000 | -7,569,000 | -6,158,000 | -5,726,000 | -5,558,000 | -5,664,000 | -5,615,000 | |||||
| other income | 1,018,000 | 1,114,000 | 1,105,000 | 10,710,000 | -4,411,000 | 5,653,000 | -1,498,000 | 2,632,000 | 3,232,000 | 2,882,000 | 3,281,000 | 6,000 | 91,000 | 110,000 | 121,000 | 112,000 |
| income before income taxes | -3,606,000 | -6,579,000 | -682,000 | -2,609,000 | -19,398,000 | -20,621,000 | -30,450,000 | -41,776,000 | -41,436,000 | -66,123,000 | -132,733,000 | -477,136,000 | -75,215,000 | -65,419,000 | -76,030,000 | -39,522,000 |
| income tax expense | -41,000 | -30,000 | -20,750 | -18,000 | -23,000 | -42,000 | ||||||||||
| income from continuing operations | -3,647,000 | -6,609,000 | ||||||||||||||
| net income from discontinued operations | -2,998,000 | -2,803,000 | ||||||||||||||
| net income | -6,645,000 | -9,412,000 | -708,000 | -2,627,000 | -19,421,000 | -20,663,000 | -30,376,000 | -41,820,000 | -41,489,000 | -66,194,000 | -132,747,000 | -477,202,000 | -72,418,000 | -71,511,000 | -76,330,000 | 5,766,000 |
| yoy | -65.78% | -54.45% | -97.67% | -93.72% | -53.19% | -68.78% | -77.12% | -91.24% | -42.71% | -7.44% | 73.91% | -8376.14% | ||||
| qoq | -29.40% | 1229.38% | -73.05% | -86.47% | -6.01% | -31.98% | -27.36% | 0.80% | -37.32% | -50.14% | -72.18% | 558.95% | 1.27% | -6.31% | -1423.79% | |
| net income margin % | -239.82% | -728.12% | -101.25% | -88.30% | -85.22% | 17.98% | ||||||||||
| less: net income attributable to noncontrolling interest included in discontinued operations | ||||||||||||||||
| net income attributable to blend labs, inc. | -6,645,000 | -9,230,000 | -825,000 | -2,445,000 | -19,407,000 | -20,668,000 | -30,285,000 | -41,760,000 | -41,231,000 | -65,417,000 | -126,128,000 | -441,371,000 | -72,104,000 | -71,687,000 | -76,925,000 | |
| less: accretion of redeemable noncontrolling interest to redemption value from discontinued operations | -1,254,000 | |||||||||||||||
| less: accretion of series a redeemable convertible preferred stock to redemption value | -4,376,000 | -4,202,000 | -4,170,000 | -4,048,000 | -2,661,000 | |||||||||||
| net income attributable to blend labs, inc. common stockholders | -11,021,000 | -14,686,000 | -6,506,000 | -8,253,000 | -23,595,000 | -22,129,000 | -31,812,000 | -43,212,000 | -42,823,000 | -67,473,000 | -133,975,000 | -478,379,000 | -73,546,000 | |||
| net income per share | ||||||||||||||||
| continuing operations | -0.03 | -0.04 | ||||||||||||||
| discontinued operations | -0.01 | -0.01 | ||||||||||||||
| weighted-average shares used for eps calculation | ||||||||||||||||
| basic and diluted | 259,211 | 258,832 | 253,921 | 254,910 | 253,069 | 250,932 | 245,206 | 246,410 | 244,262 | 241,444 | 230,329 | 131,985 | 200,176 | |||
| comprehensive loss: | ||||||||||||||||
| unrealized loss on marketable securities | -44 | -20.75 | -92 | |||||||||||||
| foreign currency translation gain | -7 | -43 | 52 | 13 | 9 | 42 | 106 | -11 | -18 | 55 | 77 | 28 | ||||
| comprehensive loss | -6,696 | -9,449 | -871 | -2,166 | -19,463 | -20,758 | -29,533 | -41,533 | -42,273 | -65,391 | -131,857 | -74,235 | -72,231 | -76,422 | ||
| less: comprehensive loss attributable to noncontrolling interest included in discontinued operations | ||||||||||||||||
| comprehensive loss attributable to blend labs, inc. | -6,696 | -9,267 | -988 | -1,984 | -19,449 | -20,763 | -29,442 | -41,473 | -42,015 | -64,614 | -125,238 | -73,921 | -72,407 | -77,017 | ||
| less: net income (income) attributable to noncontrolling interest included in discontinued operations | 182,000 | |||||||||||||||
| unrealized gain on marketable securities | 6 | -215 | 448 | -42 | -104 | 801 | 181 | -773 | 821 | 835 | -502 | -1,845 | -6 | |||
| less: comprehensive loss (income) attributable to noncontrolling interest included in discontinued operations | 182 | |||||||||||||||
| title | 11,286,000 | 12,080,000 | 11,784,000 | 11,107,000 | 10,232,000 | 11,949,000 | 12,484,000 | 12,632,000 | ||||||||
| less: net income attributable to noncontrolling interest | -117,000 | 182,000 | 14,000 | 273,750 | 60,000 | 258,000 | 777,000 | 35,831,000 | 314,000 | -148,750 | -595,000 | |||||
| less: accretion of redeemable noncontrolling interest to redemption value | -1,511,000 | -1,760,000 | -1,527,000 | -1,461,000 | -1,527,000 | -1,452,000 | -1,592,000 | -2,056,000 | -7,847,000 | -37,008,000 | -1,442,000 | |||||
| net income per share | ||||||||||||||||
| basic and diluted | -0.03 | -0.03 | -0.09 | -0.09 | -0.13 | -0.18 | -0.18 | -0.28 | -0.32 | -0.31 | -0.38 | |||||
| less: comprehensive loss attributable to noncontrolling interest | -117 | 182 | 14 | 273.75 | 60 | 258 | 777 | 35,831 | 314 | |||||||
| less: net (income) loss attributable to noncontrolling interest | -5,000 | |||||||||||||||
| less: comprehensive (income) loss attributable to noncontrolling interest | -5 | |||||||||||||||
| software | 19,397,500 | 26,505,000 | 28,115,000 | 22,970,000 | ||||||||||||
| amortization of acquired intangible assets | 275,000 | 4,068,000 | 4,068,000 | 3,772,000 | 4,364,000 | |||||||||||
| impairment of intangible assets and goodwill | 57,857,000 | 391,823,000 | ||||||||||||||
| income tax benefit | 74,000 | -44,000 | -53,000 | -71,000 | -14,000 | -66,000 | 2,797,000 | -6,092,000 | -300,000 | 45,288,000 | ||||||
| less: net income (income) attributable to noncontrolling interest | 6,619,000 | |||||||||||||||
| net income per share | ||||||||||||||||
| basic | -0.57 | -2.06 | 0 | |||||||||||||
| diluted | -0.57 | -2.06 | 0 | |||||||||||||
| weighted-average shares used for eps calculation | ||||||||||||||||
| basic | 235,267 | 232,501 | 51,956 | |||||||||||||
| diluted | 235,267 | 232,501 | 77,864 | |||||||||||||
| less: comprehensive loss (income) attributable to noncontrolling interest | 6,619 | |||||||||||||||
| less: undistributed earnings attributable to participating securities | -5,766,000 | |||||||||||||||
| comprehensive income: | ||||||||||||||||
| comprehensive income | -477,627 | 5,760 | ||||||||||||||
| comprehensive income attributable to blend labs, inc. | -441,796 | |||||||||||||||
| less: comprehensive income attributable to noncontrolling interest | -176 | -595 | ||||||||||||||
| net income attributable to common stockholders |
We provide you with 20 years income statements for Blend Labs stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Blend Labs stock. Explore the full financial landscape of Blend Labs stock with our expertly curated income statements.
The information provided in this report about Blend Labs stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.