What is Blend Labs's asset turnover?

Blend Labs (BLND) reported asset turnover of 0.7× in Q1 2026.

How has Blend Labs's asset turnover changed year-over-year?

Blend Labs's asset turnover increased by 19.9% year-over-year, from 0.6× to 0.7×.

What is the long-term trend for Blend Labs's asset turnover?

Over 3 years (2021 to 2025), Blend Labs's asset turnover has grown at a 26.2% compound annual growth rate (CAGR), from 0.4× to 0.7×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Blend Labs BLND Asset turnover

Asset turnover at other companies

Intercontinental ExchangeICE

0.1×0.0×

nCino, Inc.NCNO

0.4×0.0×

Primis Financial Corp.FRST

0.1×0.0×

PCB BancorpPCB

0×0.0×

Bridgewater Bancshares, Inc.BWB

0×0.0×

California BanCorpBCAL

0×0.0×

Other financials

Income statement

See full

Revenue$30.8M+14.9%

Gross profit$23.4M+23.0%

Operating income-$5.1M+36.6%

Net income-$8.0M+15.4%

EPS (diluted)-$0.05+16.7%

Balance sheet

See full

Cash & equivalents$39.4M-35.7%

Total debt$1.4M-20.8%

Total equity-$55.9M-226%

Total assets$161.3M-14.0%

Cash flow

See full

Operating cash flow$7.4M-63.5%

CapEx$1.1M-74.1%

Free cash flow$6.2M-60.5%

Valuation

See full

Market cap$392.23M-52.3%

Enterprise value$354.22M-53.5%

P/S3.1×-3.8×

Profitability

See full

Gross margin74.9%+2.3pp

Operating margin-14.7%-5.0pp

Net margin-4.2%-1.9pp

FCF margin-7.6%-8.9pp

Returns & leverage

See full

Return on equity-251.8%+881pp

Debt / equity36.8×+35.5×

Current ratio1.8×-0.6×

Where this comes from

Calculated from Blend Labs’s reported figures.

total revenue/total assets=0.7×

Based on trailing twelve months.

The official record: Blend Labs’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Blend Labs's asset turnover.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Blend Labs's asset turnover?: Blend Labs (BLND) reported asset turnover of 0.7× in Q1 2026.
How has Blend Labs's asset turnover changed year-over-year?: Blend Labs's asset turnover increased by 19.9% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Blend Labs's asset turnover?: Over 3 years (2021 to 2025), Blend Labs's asset turnover has grown at a 26.2% compound annual growth rate (CAGR), from 0.4× to 0.7×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.