Blend Labs, Inc. (BLND)

USD 4.7

(-6.75%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019
Revenue 156.84 Million 235.2 Million 234.49 Million 96.02 Million 50.67 Million
Cost of Revenue 75.71 Million 145.55 Million 118.5 Million 34.28 Million 19.54 Million
Gross Profit 81.13 Million 89.65 Million 115.98 Million 61.74 Million 31.12 Million
Operating Expenses 212.4 Million 370.87 Million 313.23 Million 137.03 Million 112.84 Million
Selling, General and Administrative Expenses 130.81 Million 224.36 Million 212.87 Million 81.52 Million 64.24 Million
Research and Development Expenses 81.59 Million 138.09 Million 92.21 Million 55.5 Million 48.59 Million
Other Expenses 24.94 Million 8.41 Million 8.13 Million 700 Thousand 283 Thousand
Cost and Expenses 288.12 Million 516.42 Million 431.73 Million 171.32 Million 132.39 Million
Operating Income -156.22 Million -281.22 Million -197.24 Million -75.29 Million -81.72 Million
Interest Expense 30.81 Million 24.79 Million 11.27 Million - -
Income Tax Expense 94 Thousand -2.24 Million -38.88 Million 26 Thousand 13 Thousand
Earnings before Tax -179.78 Million -766.05 Million -208.02 Million -74.59 Million -81.43 Million
Net Income -185.32 Million -763.81 Million -169.14 Million -74.61 Million -81.45 Million
Earnings Per Share Basic -0.76 -3.26 -0.73 -0.34 -0.37
Earnings Per Share Diluted -0.76 -3.26 -0.73 -0.34 -0.37
Weighted Average Shares Outstanding 245.2 Million 234.16 Million 230.32 Million 219.59 Million 219.59 Million
Weighted Average Shares Outstanding (Diluted) 245.2 Million 234.16 Million 230.32 Million 219.59 Million 219.59 Million
Gross Margin 0.52 0.38 0.49 0.64 0.61
EBIT Margin -0.91 -1.11 -0.78 -0.74 -1.51
Profit Margin -1.18 -3.25 -0.72 -0.78 -1.61
EBITDA -143.21 Million -726.84 Million -182.93 Million -68.24 Million -76.67 Million
Earnings Before Tax Margin -1.00 -1.20 -0.84 -0.78 -1.61

Income Statement Charts