FY2025 · ended Dec 31, 2025 · Revenue $123.58M, +6.8% YoY · Filed Mar 16, 2026
Blend Labs, Inc. (BLND) files with the SEC under industry code 7370, Services-Computer Programming, Data Processing, Etc. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $123.6 million and a net loss of $6.8 million. Free cash flow was -$81,000. As of Jun 30, 2026 it held $44.9 million in cash and investments and $2.0 million in total debt.
Revenue (TTM)
$129.79M
+6.6% vs year-ago TTM
Net income (TTM)
$31,000
+100.2% vs year-ago TTM
Operating cash flow (TTM)
$13.18M
+18.7% vs year-ago TTM
Free cash flow (TTM)
$7.55M
+376.4% vs year-ago TTM
EPS (TTM)
$-0.07
+53.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
256.04M
-0.8% vs prior year
Net cash
$42.83M
as of Jun 30, 2026
Operating margin
-12.0%
FY 2026
Company profile
- Industry
- Services-Computer Programming, Data Processing, Etc. (SIC 7370)
- Listed as
- BLND (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Novato, CA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1855747
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Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $123.6M | $115.8M | $109.5M | $235.2M | $234.5M |
| Operating income | -$21.7M | -$48.8M | -$143.6M | -$746.2M | -$197.2M |
| Net income | -$6.8M | -$43.3M | -$178.7M | -$720.2M | -$169.9M |
| Diluted EPS | -$0.10 | -$0.24 | -$0.76 | -$3.28 | -$1.30 |
| Operating cash flow | $11.5M | -$13.0M | -$127.6M | -$190.4M | -$127.5M |
| Free cash flow | -$81,000 | -$22.8M | -$127.7M | -$192.5M | -$129.2M |
| Total assets | $170.0M | $178.1M | $206.1M | $432.8M | $1.1B |
| Total liabilities | $41.0M | $40.4M | $179.1M | $268.8M | $301.9M |
| Stockholders' equity | -$30.5M | -$56.4M | -$19.2M | $123.2M | $774.6M |
| Cash and investments | $68.3M | $94.2M | $129.5M | $354.1M | $547.2M |
| Total debt | $1.5M | $3.8M | $149.7M | $232.0M | $232.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Sep 21, 2026 | Sep 18, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 11, 2026 | Aug 5, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 23, 2026 | Jun 17, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
All 556 Blend Labs, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.