NYSE:BLND
Blend Labs, Inc.
Blend Labs, Inc.'s revenue grew 6.8% in fiscal 2025 to $123.6M while operating margin rose to −17.6%, its highest in 7 years. Free cash flow was −$81,000, −0.1% of revenue, and the diluted share count rose 2.0%.Summary generated from Blend Labs, Inc.'s SEC filings. Latest annual report filed Mar 16, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$123.6M
Revenue growth+6.8%
Revenue, 5-yr CAGR+5.2%
Gross margin73.8%
Operating margin−17.6%
Net margin−5.5%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow−$81,000
FCF margin−0.1%
Share count change+2.0%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 234 | 235 | 110 | 116 | 124 |
| Operating income | −197 | −746 | −144 | −49 | −22 |
| Net income | −170 | −720 | −179 | −43 | −7 |
| Free cash flow | −129 | −192 | −128 | −23 | −0 |
Recent filings
- 4Insider transaction report
Oct 7, 2026 - 4Insider transaction report
Sep 30, 2026 - 8-KDirector or officer change
Sep 21, 2026 - 8-KDirector or officer change
Aug 11, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KResults of a shareholder vote
Jun 23, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 7, 2026