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Blend Labs BLND Gross margin

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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$385.52M-51.2%
Enterprise value$362.31M-51.8%
P/S-3.5×

Profitability

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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
Debt / equity36.8×+35.5×
Current ratio1.6×-0.8×

Where this comes from

Calculated from Blend Labs’s reported figures.

Based on trailing twelve months.

The source filing: Blend Labs’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001855747-26-000057

FAQ

What is Blend Labs's gross margin?
Blend Labs (BLND) reported gross margin of 74.3% in Q2 2026.
How has Blend Labs's gross margin changed year-over-year?
Blend Labs's gross margin increased by 1.4% year-over-year, from 73.3% to 74.3%.
What is the long-term trend for Blend Labs's gross margin?
Over 4 years (2020 to 2025), Blend Labs's gross margin has grown at a 3.3% compound annual growth rate (CAGR), from 64.3% to 73.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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