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Blend Labs BLND Accretion of redeemable noncontrolling interest related to discontinued operations to redemption value

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Other financials

Income statement

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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

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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

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Operating cash flow$7.4M-63.5%
CapEx$1.1M-74.1%
Free cash flow$6.2M-60.5%

Valuation

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Market cap$392.23M-52.3%
Enterprise value$354.22M-53.5%
P/S3.1×-3.8×

Profitability

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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

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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 blnd:RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustmentFromDiscontinuedOperations.

The official record: Blend Labs’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blend Labs's accretion of redeemable noncontrolling interest related to discontinued operations to redemption value?
Blend Labs (BLND) reported accretion of redeemable noncontrolling interest related to discontinued operations to redemption value of $0 in Q1 2026.
How has Blend Labs's accretion of redeemable noncontrolling interest related to discontinued operations to redemption value changed year-over-year?
Blend Labs's accretion of redeemable noncontrolling interest related to discontinued operations to redemption value decreased by 100.0% year-over-year, from $1.25M to $0.
What is the long-term trend for Blend Labs's accretion of redeemable noncontrolling interest related to discontinued operations to redemption value?
Over 2 years (2023 to 2025), Blend Labs's accretion of redeemable noncontrolling interest related to discontinued operations to redemption value has grown at a -56.5% compound annual growth rate (CAGR), from $6.63M to $1.25M.
What does accretion of redeemable noncontrolling interest related to discontinued operations to redemption value mean?
Measures the periodic increase in the carrying value of redeemable noncontrolling interests to their estimated redemption value. This non-cash adjustment reflects the company's obligation to potentially repurchase equity held by minority stakeholders. It serves as an indicator of future liquidity requirements related to noncontrolling interests.