
BLND — Blend Labs Inc
NYSE · Technology · Software - Application
$1.53
-$0.02 (-1.29%)
Blend Labs Inc (BLND) is a software - application company listed on NYSE. It is led by Nima Ghamsari, based in 7250 Redwood Blvd., Novato, CA, United States, 94945, with about 540 employees. Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners' insurance, and title. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services; and other trustee services, as well as professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
Latest reported BLND revenue for 2025-09-30 was $32.9M. Net income was $12.5M. Revenue was up 4.2% from 2025-06-30 to 2025-09-30. BLND currently screens at market cap $899.7M.
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About Blend Labs Inc
Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners' insurance, and title. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services; and other trustee services, as well as professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
BLND Key Statistics
Market Cap
$899.66M
Volume
347,150
Previous Close
$1.50
Day Range
$1.50 – $1.53
EPS
-$0.24
Revenue
$162.02M
Net Income
-$43.42M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+3.3%
Profit Margin
-26.8%
Employees
540
BLND Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $162.02M | $156.85M | $235.20M | $234.50M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$43.42M | -$179.88M | -$763.81M | -$169.14M |
| EPS (Diluted) | -$0.24 | -$0.76 | -$3.28 | -$1.30 |
Total Assets
$178.01M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$42.24M
Operating Cash Flow
-$13.04M
Free Cash Flow
$0.00
Blend Labs Inc Company Information
- Co-Founder, Chairman, CEO & Head of Blend
- Nima Ghamsari
- Headquarters
- 7250 Redwood Blvd., Novato, CA, United States, 94945
- Website
- blend.com
- Phone
- 650 550 4810
- IPO / Founded
- 2021-07-16
- Sector
- Technology
- Industry
- Software - Application