BLND
Income statement / Annual
Last year (2023), Blend Labs, Inc.'s total revenue was $156.85 M,
a decrease of 33.31% from the previous year.
In 2023, Blend Labs, Inc.'s net income was -$185.32 M.
See Blend Labs, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$156.85 M
|
$235.20 M
|
$234.50 M
|
$96.03 M
|
$50.67 M
|
| Cost of Revenue |
$75.71 M |
$145.55 M |
$118.51 M |
$34.29 M |
$19.55 M |
| Gross Profit |
$81.14 M |
$89.65 M |
$115.99 M |
$61.74 M |
$31.12 M |
| Gross Profit Ratio |
0.52 |
0.38 |
0.49 |
0.64 |
0.61 |
| Research and Development
Expenses |
$81.59 M
|
$138.09 M
|
$92.22 M
|
$55.50 M
|
$48.60 M
|
| General & Administrative
Expenses |
$70.69 M
|
$139.12 M
|
$128.80 M
|
$30.11 M
|
$26.59 M
|
| Selling & Marketing
Expenses |
$60.13 M
|
$85.25 M
|
$84.08 M
|
$51.42 M
|
$37.66 M
|
| Selling, General &
Administrative Expenses |
$130.82 M
|
$224.37 M
|
$212.88 M
|
$81.53 M
|
$64.25 M
|
| Other Expenses |
$24.95 M |
$8.41 M |
$8.14 M |
$700,000.00 |
$283,000.00 |
| Operating Expenses |
$237.36 M |
$370.87 M |
$313.23 M |
$137.03 M |
$112.85 M |
| Cost And Expenses |
$313.07 M |
$516.42 M |
$431.74 M |
$171.32 M |
$132.39 M |
| Interest Income |
$0.00 |
$22.39 M |
$10.88 M |
$1.00 M |
$0.00 |
| Interest Expense |
$30.81 M |
$24.79 M |
$11.28 M |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$5.76 M
|
$14.42 M
|
$13.81 M
|
$6.35 M
|
$4.76 M
|
| EBITDA |
-$143.21 M
|
-$726.85 M
|
-$182.94 M
|
-$68.24 M
|
-$76.68 M
|
| EBITDA Ratio |
-0.91 |
-1.11 |
-0.78 |
-0.74 |
-1.51 |
| Operating Income Ratio
|
-1
|
-1.2
|
-0.84
|
-0.78
|
-1.61
|
| Total Other
Income/Expenses Net |
-$23.56 M
|
-$19.87 M
|
-$10.79 M
|
$700,000.00
|
$283,000.00
|
| Income Before Tax |
-$179.79 M |
-$766.05 M |
-$208.03 M |
-$74.59 M |
-$81.44 M |
| Income Before Tax Ratio
|
-1.15
|
-3.26
|
-0.89
|
-0.78
|
-1.61
|
| Income Tax Expense |
$94,000.00 |
-$2.24 M |
-$38.89 M |
$26,000.00 |
$13,000.00 |
| Net Income |
-$185.32 M |
-$763.81 M |
-$169.14 M |
-$74.62 M |
-$81.45 M |
| Net Income Ratio |
-1.18 |
-3.25 |
-0.72 |
-0.78 |
-1.61 |
| EPS |
-0.76 |
-3.26 |
-0.73 |
-0.34 |
-0.37 |
| EPS Diluted |
-0.76 |
-3.26 |
-0.73 |
-0.34 |
-0.37 |
| Weighted Average Shares
Out |
$245.21 M
|
$234.16 M
|
$230.32 M
|
$219.59 M
|
$219.59 M
|
| Weighted Average Shares
Out Diluted |
$245.21 M
|
$234.16 M
|
$230.32 M
|
$219.59 M
|
$219.59 M
|
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