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Blend Labs BLND Total Revenue

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$56.87M-3.9%

Segments

By product

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Mortgage Suite$19.24M+7.0%
Consumer Banking Suite$12.16M+6.0%
Professional services$2.43M+12.4%

Other financials

Income statement

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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-47.3%
Enterprise value$362.31M-47.7%
P/S-3.0×

Profitability

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Gross margin74.3%+1.0pp
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

Reported directly by Blend Labs in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Filed
Aug 6, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001855747-26-000057
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue
Software platform$31,404$29,465$59,397$53,767
Professional services2,4332,1645,2834,707
Total revenue33,83731,62964,68058,474
Cost of revenue
Software platform7,1526,56012,92012,457
Professional services1,8001,7133,5103,660
Total cost of revenue8,9528,27316,43016,117

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Blend Labs's total revenue?
Blend Labs (BLND) reported total revenue of $33.84M in Q2 2026.
How has Blend Labs's total revenue changed year-over-year?
Blend Labs's total revenue increased by 7.0% year-over-year, from $31.63M to $33.84M.
What is the long-term trend for Blend Labs's total revenue?
Over 3 years (2021 to 2025), Blend Labs's total revenue has grown at a -19.4% compound annual growth rate (CAGR), from $234.5M to $122.8M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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