Revenue
2019
2020
2021
2022
2023
2024
2025
Blend Labs, Inc. (BLND)
Price$1.55Cached quote
Net income
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $123.6M | $115.8M | $109.5M | $235.2M | $234.5M | $96.0M | $50.7M |
| Gross profit | $91.2M | $83.2M | $76.5M | $89.7M | $116.0M | $61.7M | $31.1M |
| Gross margin | 73.77% | 71.89% | 69.79% | 38.12% | 49.46% | 64.29% | 61.42% |
| Research & development | $32.8M | $46.1M | $81.3M | $138.1M | $92.2M | $55.5M | $48.6M |
| Operating expenses | $112.9M | $132.1M | $220.1M | $835.8M | $313.2M | $137.0M | $112.8M |
| Operating income | −$21.7M | −$48.8M | −$143.6M | −$746.2M | −$197.2M | −$75.3M | −$81.7M |
| Operating margin | −17.59% | −42.19% | −131.09% | −317.25% | −84.11% | −78.40% | −161.28% |
| EBITDA | −$18.4M | −$47.5M | −$142.1M | −$735.4M | −$186.6M | −$71.3M | −$77.0M |
| EBITDA margin | −14.93% | −41.04% | −129.71% | −312.67% | −79.59% | −74.25% | −151.88% |
| Net income | −$6.8M | −$43.3M | −$178.7M | −$720.2M | −$169.9M | −$74.6M | −$81.5M |
| Net profit margin | −5.50% | −37.44% | −163.12% | −306.19% | −72.46% | −77.70% | −160.75% |
| Basic EPSper basic share | -$0.10 | -$0.24 | -$0.76 | -$3.28 | -$1.30 | -$1.89 | -$7.55 |
| Diluted EPSper diluted share | -$0.10 | -$0.24 | -$0.76 | -$3.28 | -$1.30 | -$1.89 | -$7.55 |
Owners
Reported shareholders
8.01%of listed shares
Haveli Investment Management LLC18.69M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
Haveli Investment Management LLC | 8.01%18.69M shares |
BlackRock, Inc. | 6.68%15.58M shares |
CYPRESS POINT INVESTMENT MANAGEMENT LP | 6.13%14.3M shares |
Capricorn Fund Managers Ltd | 4.85%11.31M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.64%8.49M shares |
Ghamsari Nima | ≈3.22%7.52M shares |
Whitebark Investors LP | 2.72%6.34M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.66%6.22M shares |
STATE STREET CORP | 2.65%6.17M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.18%5.08M shares |
CITADEL ADVISORS LLC | 2.17%5.06M shares |
8VC Opportunities GP II, LLC | 2.13%4.98M shares |
MARSHALL WACE, LLP | 2.05%4.78M shares |
Emergence GP Partners, LLC | 1.82%4.24M shares |
MILLENNIUM MANAGEMENT LLC | 1.50%3.49M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.08%2.52M shares |
Irenic Capital Management LP | 0.98%2.28M shares |
GOLDMAN SACHS GROUP INC | 0.92%2.14M shares |
JANE STREET GROUP, LLC | 0.78%1.81M shares |
NORTHERN TRUST CORP | 0.74%1.74M shares |
Percentages use 233.26M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 | Haveli Investments Software Fund I GP, LLC +6Director,TenPercentOwner | BuyClass A Common Stock · indirect | 650.0K | $1.72 | $1.12M | 18.69M |
| Jun 12, 2026Form 4 | Haveli Investments Software Fund I GP, LLC +6Director,TenPercentOwner | BuyClass A Common Stock · indirect | 256.9K | $1.70 | $436.8K | 18.04M |
| Jun 11, 2026Form 4 | Haveli Investments Software Fund I GP, LLC +6Director,TenPercentOwner | BuyClass A Common Stock · indirect | 250.0K | $1.74 | $435.0K | 17.79M |
| Jun 10, 2026Form 4 | SHETH BRIAN NIRANJAN +6Director,TenPercentOwner | BuyClass A Common Stock · indirect | 723.5K | $1.67 | $1.21M | 17.54M |
| Jun 9, 2026Form 4 | SHETH BRIAN NIRANJAN +6Director,TenPercentOwner | BuyClass A Common Stock · indirect | 178.7K | $1.70 | $303.8K | 16.81M |