Blend Labs annual operating margin
2019
2020
2021
2022
2023
2024
2025
Blend Labs Operating Margin Growth & History (BLND)
Blend Labs's operating margin was −17.59% for fiscal 2025.
View full Blend Labs company overviewBlend Labs annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −17.59% | +24.61 pp |
| 2024 | 2024-12-31 | −42.19% | +88.90 pp |
| 2023 | 2023-12-31 | −131.09% | +186.16 pp |
| 2022 | 2022-12-31 | −317.25% | −233.14 pp |
| 2021 | 2021-12-31 | −84.11% | −5.71 pp |
| 2020 | 2020-12-31 | −78.40% | +82.88 pp |
| 2019 | 2019-12-31 | −161.28% | — |
Blend Labs quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −4.66% | +10.60 pp |
| Q1 2026 | 2026-03-31 | −16.41% | +13.32 pp |
| Q4 2025 | 2025-12-31 | −15.26% | −4.40 pp |
| Q3 2025 | 2025-09-30 | −14.95% | +19.14 pp |
| Q2 2025 | 2025-06-30 | −15.26% | +30.28 pp |
| Q1 2025 | 2025-03-31 | −29.73% | +59.29 pp |
| Q4 2024 | 2024-12-31 | −10.86% | +78.31 pp |
| Q3 2024 | 2024-09-30 | −34.08% | +51.68 pp |
| Q2 2024 | 2024-06-30 | −45.54% | +119.01 pp |
| Q1 2024 | 2024-03-31 | −89.01% | +86.65 pp |
| Q3 2023 | 2023-09-30 | −89.18% | +145.42 pp |
| Q2 2023 | 2023-06-30 | −85.77% | +633.52 pp |
| Q1 2023 | 2023-03-31 | −164.55% | −67.03 pp |
| Q4 2022 | 2022-12-31 | −175.66% | −101.75 pp |
| Q3 2022 | 2022-09-30 | −234.60% | −155.84 pp |
| Q2 2022 | 2022-06-30 | −719.29% | −595.67 pp |
| Q1 2022 | 2022-03-31 | −97.52% | −12.16 pp |
| Q4 2021 | 2021-12-31 | −73.92% | −18.86 pp |
| Q3 2021 | 2021-09-30 | −78.75% | +16.17 pp |
| Q2 2021 | 2021-06-30 | −123.62% | — |
| Q1 2021 | 2021-03-31 | −85.36% | — |
| Q3 2020 | 2020-09-30 | −55.06% | — |
| Q2 2020 | 2020-06-30 | −94.92% | — |
Blend Labs operating margin trends
Over the last five reported fiscal years, Blend Labs's operating margin increased from −78.40% to −17.59%, a change of +60.82 percentage points. The latest reported quarter, Q2 2026, shows −4.66%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗