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Blend Labs BLND Professional services — Total Revenue

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Other financials

Income statement

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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

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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

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Operating cash flow$7.4M-63.5%
CapEx$1.1M-74.1%
Free cash flow$6.2M-60.5%

Valuation

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Market cap$392.23M-52.3%
Enterprise value$354.22M-53.5%
P/S3.1×-3.8×

Profitability

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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

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Return on equity-251.8%+881pp
Debt / equity36.8×+35.5×
Current ratio1.8×-0.6×

Where this comes from

Reported directly by Blend Labs in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Blend Labs's professional services — total revenue?
Blend Labs (BLND) reported professional services — total revenue of $2.85M in Q1 2026.
How has Blend Labs's professional services — total revenue changed year-over-year?
Blend Labs's professional services — total revenue increased by 12.1% year-over-year, from $2.54M to $2.85M.
What is the long-term trend for Blend Labs's professional services — total revenue?
Over 4 years (2021 to 2025), Blend Labs's professional services — total revenue has grown at a 7.3% compound annual growth rate (CAGR), from $6.95M to $9.2M.
What does professional services — total revenue mean?
This metric represents the total gross income generated from professional services provided to clients, such as implementation, consulting, or integration support. It reflects the demand for specialized assistance in deploying and optimizing the company's core software platform. Tracking this revenue stream helps investors assess the company's ability to monetize its service-based engagements alongside its primary software offerings.