Connect your AI

Blend Labs BLND Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

Bridgewater Bancshares, Inc.BWB

$140K-75.4%

First BanCorpFBP

$4.43M-2.2%

Zillow Group, Inc.ZG

$2M0.0%

Other financials

Income statement

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

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

Operating cash flow$7.4M-63.5%

CapEx$1.1M-74.1%

Free cash flow$6.2M-60.5%

Valuation

Market cap$392.23M-52.3%

Enterprise value$354.22M-53.5%

P/S3.1×-3.8×

Profitability

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

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:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense.

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

Connect your AI

Harbor at dusk

Questions, answered.

What is Blend Labs's non-cash lease expense?: Blend Labs (BLND) reported non-cash lease expense of $123K in Q1 2026.
How has Blend Labs's non-cash lease expense changed year-over-year?: Blend Labs's non-cash lease expense increased by 59.7% year-over-year, from $77K to $123K.
What is the long-term trend for Blend Labs's non-cash lease expense?: Over 4 years (2021 to 2025), Blend Labs's non-cash lease expense has grown at a -36.2% compound annual growth rate (CAGR), from $3.21M to $531K.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.