Blend Labs, Inc. (BLND) Stock

About Blend Labs, Inc.

Blend Labs, Inc. is led by CEO Nima Ghamsari, employs 540 people, headquartered in US, publicly traded since 2021.

Blend Labs, Inc. (BLND) stock trades at $1.17 with a market capitalization of $276.72M. The stock is valued at a negative price-to-earnings (P/E) ratio of -10.96, reflecting a net loss over the last twelve months, price-to-book of 2.28, price-to-sales of 1.64. Over the past 52 weeks the stock has ranged between $0.88 and $3.62, and currently trades 67.7% below its 52-week high.

On profitability, Blend Labs, Inc. generates a return on equity (ROE) of -1.22% (negative, reflecting a net loss), return on capital employed of -15.86%, an operating margin of -16.94%, a net profit margin of -0.35%.

Blend Labs, Inc. by the numbers, 2019–2025

Between 2019 and 2025 Blend Labs, Inc. reported revenue of $51.0M rising to $124.0M, a change of +143.1% across 7 years. Compounded, revenue has grown 5.3% a year over five years, -19.2% over three, -23.5% over the last twelve months. Net profit rose to $-8.0M.

Operating margin went from -161.3% in 2019 to -16.9% in 2025, a gain of 144.4 percentage points. The most recent net margin is -0.35%. On a trailing twelve-month basis to Jun '26, revenue is $130.0M and net profit $1.0M.

Borrowings stand at $161.0M, cash from operations was $12.0M in the latest year, positive in 1 of the last 7.

Return on equity has averaged 88.3% over five years, and was 25.8% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Blend Labs, Inc. (BLND) — frequently asked questions