Blend Labs annual gross margin
2019
2020
2021
2022
2023
2024
2025
Blend Labs Gross Margin Growth & History (BLND)
Blend Labs's gross margin was 73.77% for fiscal 2025.
View full Blend Labs company overviewBlend Labs annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 73.77% | +1.88 pp |
| 2024 | 2024-12-31 | 71.89% | +2.10 pp |
| 2023 | 2023-12-31 | 69.79% | +31.68 pp |
| 2022 | 2022-12-31 | 38.12% | −11.35 pp |
| 2021 | 2021-12-31 | 49.46% | −14.83 pp |
| 2020 | 2020-12-31 | 64.29% | +2.87 pp |
| 2019 | 2019-12-31 | 61.42% | — |
Blend Labs quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 73.54% | −0.30 pp |
| Q1 2026 | 2026-03-31 | 75.75% | +4.98 pp |
| Q4 2025 | 2025-12-31 | 73.84% | −0.31 pp |
| Q3 2025 | 2025-09-30 | 74.42% | +0.42 pp |
| Q2 2025 | 2025-06-30 | 73.84% | +2.96 pp |
| Q1 2025 | 2025-03-31 | 70.78% | +3.49 pp |
| Q4 2024 | 2024-12-31 | 74.16% | +19.80 pp |
| Q3 2024 | 2024-09-30 | 74.01% | +19.14 pp |
| Q2 2024 | 2024-06-30 | 70.88% | +28.42 pp |
| Q1 2024 | 2024-03-31 | 67.29% | +33.62 pp |
| Q3 2023 | 2023-09-30 | 54.35% | +16.22 pp |
| Q2 2023 | 2023-06-30 | 54.87% | +16.32 pp |
| Q1 2023 | 2023-03-31 | 42.46% | +2.10 pp |
| Q4 2022 | 2022-12-31 | 33.67% | −9.47 pp |
| Q3 2022 | 2022-09-30 | 38.14% | −6.89 pp |
| Q2 2022 | 2022-06-30 | 38.55% | −22.90 pp |
| Q1 2022 | 2022-03-31 | 40.36% | −25.57 pp |
| Q4 2021 | 2021-12-31 | 43.15% | −22.84 pp |
| Q3 2021 | 2021-09-30 | 45.02% | −15.45 pp |
| Q2 2021 | 2021-06-30 | 61.45% | — |
| Q1 2021 | 2021-03-31 | 65.93% | — |
| Q3 2020 | 2020-09-30 | 65.99% | — |
| Q2 2020 | 2020-06-30 | 60.47% | — |
Blend Labs gross margin trends
Over the last five reported fiscal years, Blend Labs's gross margin increased from 64.29% to 73.77%, a change of +9.48 percentage points. The latest reported quarter, Q2 2026, shows 73.54%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Blend Labs filings at SEC.gov ↗