What is Blend Labs's deferred revenue?

Blend Labs (BLND) reported deferred revenue of $34.02M in Q1 2026.

How has Blend Labs's deferred revenue changed year-over-year?

Blend Labs's deferred revenue increased by 3680.2% year-over-year, from $900K to $34.02M.

What is the long-term trend for Blend Labs's deferred revenue?

Over 5 years (2020 to 2025), Blend Labs's deferred revenue has grown at a 7.3% compound annual growth rate (CAGR), from $13.62M to $19.39M.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Blend Labs BLND Deferred Revenue

Deferred Revenue at other companies

Intercontinental ExchangeICE

$640M+4.6%

nCino, Inc.NCNO

$225.05M+10.5%

Q2 HoldingsQTWO

$196.76M+13.0%

Zillow Group, Inc.ZG

$74M+5.7%

SoFi Technologies, Inc.SOFI

——

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

Reported directly by Blend Labs in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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 deferred revenue.

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

Connect your AI

Claude

Questions, answered.

What is Blend Labs's deferred revenue?: Blend Labs (BLND) reported deferred revenue of $34.02M in Q1 2026.
How has Blend Labs's deferred revenue changed year-over-year?: Blend Labs's deferred revenue increased by 3680.2% year-over-year, from $900K to $34.02M.
What is the long-term trend for Blend Labs's deferred revenue?: Over 5 years (2020 to 2025), Blend Labs's deferred revenue has grown at a 7.3% compound annual growth rate (CAGR), from $13.62M to $19.39M.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.