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Blend Labs BLND Debt-to-equity

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Other financials

Income statement

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Revenue$33.8M+7.0%
Gross profit$24.9M+6.5%
Operating income-$1.6M+67.3%
Net income-$1.5M+78.3%
EPS (diluted)-$0.03+25.0%

Balance sheet

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Cash & equivalents$25.2M-39.2%
Total debt$2.0M-14.2%
Total equity-$74.4M-223%
Total assets$143.6M-21.2%

Cash flow

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Operating cash flow$7.9M
CapEx$825.0K-77.1%
Free cash flow$7.1M+170%

Valuation

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Market cap$357.14M-51.2%
Enterprise value$333.93M-51.8%
P/S2.8×-3.2×

Profitability

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Gross margin74.3%+1.0pp
Operating margin-13%-3.9pp
Net margin-3.3%-1.5pp
FCF margin5.9%+4.6pp

Returns & leverage

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Return on equity-251.8%+881pp
Current ratio1.6×-0.8×

Where this comes from

Calculated from Blend Labs’s reported figures.

Based on the most recent quarter.

The source filing: Blend Labs’s 10-Q, filed November 6, 2024. Open the filing →

Filed
Nov 6, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001855747-24-000085

FAQ

What is Blend Labs's debt-to-equity?
Blend Labs (BLND) reported debt-to-equity of 36.8× in Q3 2023.
How has Blend Labs's debt-to-equity changed year-over-year?
Blend Labs's debt-to-equity increased by 2675.0% year-over-year, from 1.3× to 36.8×.
What is the long-term trend for Blend Labs's debt-to-equity?
Over 2 years (2020 to 2022), Blend Labs's debt-to-equity has grown at a 330.8% compound annual growth rate (CAGR), from 0.1× to 1.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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