7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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
    		30,459,000 29,391,000 24,260,000 27,637,000 31,066,000 26,475,000 21,736,000           
      professional services
    		2,401,000 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
    		32,860,000 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
    		8,404,000 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
    		24,456,000 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
    		-5.92% 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
    		4.94% 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
    		8,522,000 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
    		7,873,000 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
    		12,879,000 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
    		93,000 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
    		29,367,000 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
    		-4,911,000 -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
    		-63.13% -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
    		6.21% -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
    		17,348,000 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
    		12,437,000 -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
    		-27,000 -41,000 -30,000 -20,750 -18,000 -23,000 -42,000           
      income from continuing operations
    		12,410,000 -3,647,000 -6,609,000               
      net income from discontinued operations
    		122,000 -2,998,000 -2,803,000               
      net income
    		12,532,000 -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
    		-577.05% -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
    		-288.59% -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.
    		12,532,000 -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
    		-4,558,000 -4,376,000 -4,202,000 -4,170,000 -4,048,000 -2,661,000            
      net income attributable to blend labs, inc. common stockholders
    		7,974,000 -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
    		0.03                 
      basic:
    		                 
      continuing operations
    		0.03 -0.03 -0.04               
      discontinued operations
    		0 -0.01 -0.01               
      diluted:
    		                 
      weighted-average shares used for eps calculation
    		                 
      basic
    		259,631           235,267 232,501    51,956 
      diluted
    		268,719           235,267 232,501    77,864 
      comprehensive income:
    		                 
      unrealized gain on marketable securities
    		-62  6 -215 448 -42 -104 801 181 -773 821 835 -502 -1,845   -6 
      foreign currency translation gain
    		103 -7 -43 52 13  9 42 106 -11 -18 55 77 28    
      comprehensive income
    		12,573            -477,627    5,760 
      less: comprehensive loss attributable to noncontrolling interest included in discontinued operations
    		                 
      comprehensive income attributable to blend labs, inc.
    		12,573            -441,796     
      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  
      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  
      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               
      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
    		0.03                 
      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
    		0.03                 
      basic
    		           -0.57 -2.06    0 
      diluted
    		           -0.57 -2.06    0 
      less: comprehensive loss (income) attributable to noncontrolling interest
    		           6,619      
      less: undistributed earnings attributable to participating securities
    		                -5,766,000 
      less: comprehensive income attributable to noncontrolling interest
    		              -176 -595  
      net income attributable to common stockholders
    		                 
    The information provided in this report 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.