Blend Labs annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Blend Labs Operating Expenses Growth & History (BLND)
Blend Labs's operating expenses was $112.9M for fiscal 2025.
View full Blend Labs company overviewBlend Labs annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $112.9M | −$19.2M | −14.51% |
| 2024 | 2024-12-31 | $132.1M | −$88.0M | −39.99% |
| 2023 | 2023-12-31 | $220.1M | −$615.8M | −73.67% |
| 2022 | 2022-12-31 | $835.8M | $522.6M | +166.84% |
| 2021 | 2021-12-31 | $313.2M | $176.2M | +128.58% |
| 2020 | 2020-12-31 | $137.0M | $24.2M | +21.43% |
| 2019 | 2019-12-31 | $112.8M | — | — |
Blend Labs quarterly operating expenses
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
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $26.5M | −$1.7M | −6.11% |
| Q1 2026 | 2026-03-31 | $28.4M | $1.4M | +5.36% |
| Q4 2025 | 2025-12-31 | $28.2M | $2.6M | +10.04% |
| Q3 2025 | 2025-09-30 | $29.6M | −$6.2M | −17.21% |
| Q2 2025 | 2025-06-30 | $28.2M | −$5.2M | −15.65% |
| Q1 2025 | 2025-03-31 | $27.0M | −$10.3M | −27.60% |
| Q4 2024 | 2024-12-31 | $25.6M | $1.3M | +5.38% |
| Q3 2024 | 2024-09-30 | $35.8M | −$22.5M | −38.58% |
| Q2 2024 | 2024-06-30 | $33.4M | −$26.8M | −44.51% |
| Q1 2024 | 2024-03-31 | $37.3M | −$40.0M | −51.79% |
| Q4 2023 | 2023-12-31 | $24.3M | −$65.3M | −72.87% |
| Q3 2023 | 2023-09-30 | $58.3M | −$92.7M | −61.41% |
| Q2 2023 | 2023-06-30 | $60.2M | −$436.5M | −87.88% |
| Q1 2023 | 2023-03-31 | $77.3M | −$21.3M | −21.63% |
| Q4 2022 | 2022-12-31 | $89.6M | −$5.2M | −5.53% |
| Q3 2022 | 2022-09-30 | $151.0M | $40.1M | +36.17% |
| Q2 2022 | 2022-06-30 | $496.7M | $437.3M | +737.07% |
| Q1 2022 | 2022-03-31 | $98.6M | $50.4M | +104.51% |
| Q4 2021 | 2021-12-31 | $94.8M | — | — |
| Q3 2021 | 2021-09-30 | $110.9M | $77.1M | +228.54% |
| Q2 2021 | 2021-06-30 | $59.3M | $25.3M | +74.20% |
| Q1 2021 | 2021-03-31 | $48.2M | — | — |
| Q3 2020 | 2020-09-30 | $33.7M | — | — |
| Q2 2020 | 2020-06-30 | $34.1M | — | — |
Blend Labs operating expenses trends
Over the last five fiscal years, Blend Labs's operating expenses decreased from $137.0M to $112.9M, a change of −$24.1M. The latest reported quarter, Q2 2026, shows $26.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Blend Labs source filings ↗