profit from every $100 of sales.

Blend Labs
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Blend Labs sold, what it kept, and what it did with the cash.
Sales went from $235 million in 2022 to $124 million in 2025, with -$8.06 million of profit last year.
Blend Labs vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Blend Labs | No profit yet | ||
SAP | 34.3× · Expensive | ||
Quhuo | No profit yet | ||
Shopify | 153.4× · Very expensive | ||
Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Blend Labs's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 235 | 110 | 116 | 124 | |
| 90 | 76 | 83 | 91 | |
| -281 | -124 | -43 | -21 | |
| -727 | -132 | -33 | 3 | |
| -769 | -185 | -50 | -8 | |
| -3.28 | -0.76 | -0.24 | -0.10 | |
| 38.1% | 69.8% | 71.9% | 73.8% | |
| -119.6% | -112.8% | -37.1% | -16.9% | |
| -326.8% | -169.2% | -42.8% | -6.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 433 | 206 | 178 | 170 |
| Cash | 124 | 31 | 38 | 44 |
| Total debt | 232 | 150 | 3 | 1 |
| Total liabilities | 269 | 179 | 182 | 201 |
| 123 | -19 | -56 | -30 | |
| 234 | 245 | 254 | 259 | |
| -164.9% | -82.7% | – | – | |
| -624.0% | 963.1% | 88.0% | 26.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -190 | -128 | -13 | 12 | |
| 2 | 0 | 10 | 12 | |
| -192 | -128 | -23 | -0 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 25 | |
| 110 | 46 | 28 | 29 |
Valuation
- –
- 14.5×
- –
- -6.8×
- 2.1×
- –
- 72.4×
- -0.0%
- -3.2%
- 0.0%
Profitability
- 73.8%
- -16.9%
- -6.5%
- 4.2%
- -1.0%
- -57.4%
- -12.2%
- -3.5%
- -16.8%
- 27.2%
Growth
- −19.3%
- –
- +99.6%
- –
- +3.0%
Financial health
- 23.3×
- -2.96
- 102.7%
- –
- 1.78
- 1.78
- 0.79
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $2.00
- Range
- $2.00 – $2.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.03 | 0.02 | −250.0% |
| Mar 10, 2026 | -0.03 | 0.01 | −400.0% |
| Nov 6, 2025 | -0.03 | 0.02 | −250.0% |
| Aug 7, 2025 | -0.03 | 0.02 | −250.0% |
| May 8, 2025 | -0.01 | -0.01 | +0.0% |
| Feb 27, 2025 | -0.03 | 0.01 | −400.0% |
| Nov 6, 2024 | -0.04 | -0.02 | −100.0% |
| Aug 8, 2024 | -0.02 | -0.05 | +60.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Blend Labs
Is Blend Labs a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Blend Labs AI analysis
What does Blend Labs do?
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. It is in Software - Application.
Does Blend Labs pay a dividend?
No. Blend Labs does not pay a dividend at the moment; in 2025 it returned $24.9 million to shareholders by buying back its own shares.
Is Blend Labs stock halal?
Yes. Blend Labs passes our halal screen: its business is permitted and its debt is 0.6% of its market value, under the 30% limit. How we check
How has Blend Labs stock done over the past year?
Down 65.0% over the past twelve months, to $1.07. It traded between $0.90 and $3.34 and is 68.0% below its high.
Who are Blend Labs's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Blend Labs's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



