Skip to content

Blend Labs BLND Conversion of temporary equity into permanent equity in conjunction with the Business Combination

Conversion of temporary equity into permanent equity in conjunction with the Business Combination at other companies

Blend Labs logo
Blend LabsBLND
$0-100%
StepStone Group Inc. logo
StepStone Group Inc.STEP
$244.09M
Capital City Bank Group logo
Capital City Bank GroupCCBG
$0-100%
HTF
Heartflow, Inc. Common StockHTFL
$192.14M
Flutter Entertainment logo
Flutter EntertainmentFLUT
-$10M+91.8%
Septerna, Inc. logo
Septerna, Inc.SEPN
$0-100%

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:ReclassificationsOfTemporaryToPermanentEquity.

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 conversion of temporary equity into permanent equity in conjunction with the business combination.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Blend Labs's conversion of temporary equity into permanent equity in conjunction with the business combination?
Blend Labs (BLND) reported conversion of temporary equity into permanent equity in conjunction with the business combination of $0 in Q1 2026.
How has Blend Labs's conversion of temporary equity into permanent equity in conjunction with the business combination changed year-over-year?
Blend Labs's conversion of temporary equity into permanent equity in conjunction with the business combination decreased by 100.0% year-over-year, from $52.68M to $0.
What does conversion of temporary equity into permanent equity in conjunction with the business combination mean?
Represents the non-cash reclassification of redeemable or temporary equity instruments into permanent shareholders' equity. This typically occurs upon the completion of a business combination or when specific contractual conditions for redemption are no longer met. It reflects the stabilization of the company's capital structure.