Blend Labs annual net debt
2020
2021
2022
2023
2024
2025
Blend Labs Net Debt Growth & History (BLND)
Blend Labs's net debt was −$43.6M for fiscal 2025.
View full Blend Labs company overviewBlend Labs annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$43.6M | −$9.4M | — |
| 2024 | 2024-12-31 | −$34.2M | −$160.4M | — |
| 2023 | 2023-12-31 | $126.2M | $18.4M | +17.08% |
| 2022 | 2022-12-31 | $107.8M | $88.6M | +460.67% |
| 2021 | 2021-12-31 | $19.2M | $43.7M | — |
| 2020 | 2020-12-31 | −$24.5M | — | — |
Blend Labs quarterly net debt
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$21.3M | $12.9M | — |
| Q1 2026 | 2026-03-31 | −$36.1M | $18.5M | — |
| Q4 2025 | 2025-12-31 | −$43.6M | −$9.4M | — |
| Q3 2025 | 2025-09-30 | −$53.4M | −$8.1M | — |
| Q2 2025 | 2025-06-30 | −$34.1M | −$2.2M | — |
| Q1 2025 | 2025-03-31 | −$54.5M | −$126.8M | — |
| Q4 2024 | 2024-12-31 | −$34.2M | −$160.4M | — |
| Q3 2024 | 2024-09-30 | −$45.3M | −$192.2M | — |
| Q2 2024 | 2024-06-30 | −$31.9M | −$228.6M | — |
| Q1 2024 | 2024-03-31 | $72.2M | −$113.4M | −61.09% |
| Q4 2023 | 2023-12-31 | $126.2M | $18.4M | +17.08% |
| Q3 2023 | 2023-09-30 | $146.9M | $28.6M | +24.13% |
| Q2 2023 | 2023-06-30 | $196.7M | $97.2M | +97.73% |
| Q1 2023 | 2023-03-31 | $185.7M | $121.0M | +187.06% |
| Q4 2022 | 2022-12-31 | $107.8M | $88.6M | +460.67% |
| Q3 2022 | 2022-09-30 | $118.3M | $163.5M | — |
| Q2 2022 | 2022-06-30 | $99.5M | $450.5M | — |
| Q1 2022 | 2022-03-31 | $64.7M | — | — |
| Q4 2021 | 2021-12-31 | $19.2M | $43.7M | — |
| Q3 2021 | 2021-09-30 | −$45.2M | — | — |
| Q2 2021 | 2021-06-30 | −$351.1M | — | — |
| Q4 2020 | 2020-12-31 | −$24.5M | — | — |
Blend Labs net debt trends
Over the last five fiscal years, Blend Labs's net debt decreased from −$24.5M to −$43.6M, a change of −$19.1M. The latest reported quarter, Q2 2026, shows −$21.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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