Is Blend Labs financially healthy?
Not really
Blend Labs carries heavy debt: it would take 23.3 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA23.3 years
Cash vs. debt$44M vs. $1M
Current ratio1.8×Short-term assets for each $1 of bills due within a year
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Blend Labs
Data as of Nov 13, 2026.