BLND · Blend Labs, Inc.
What's happening
- BLND is up 6.25% today, trading at $1.10. — Live quote
- Volume today (77,697) is well below its 3-month average of 2,218,330. (Finnhub fundamentals)
- Reports earnings on 2026-11-11 (after market close), 20 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $0.00 actual vs. $0.02 estimated (-100.0%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (12 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 |
|---|---|---|---|---|---|
| Market cap | $84.3M | $274.5M | — | $2.21B | $564.9M |
| P/E | -19.68 | -28.45 | — | -328.84 | -14.78 |
| Price/Sales | 0.65 | 2.16 | — | 17.76 | 4.70 |
| Price/Book | -1.13 | -4.91 | — | -164.62 | -24.50 |
| EV/Revenue | 0.47 | 1.87 | — | 17.32 | 4.39 |
| EV/EBITDA | -5.20 | -14.96 | — | -79.99 | — |
| ROE | 5.76% | 17.25% | — | 50.06% | 165.77% |
| ROA | -2.98% | -5.98% | — | -3.56% | -20.98% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 7.3% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-10-21; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is -0.3%. Finnhub fundamentals ↗
- Trailing 52-week price return is -69.8%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on BLND
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.8M | $30.8M | $31.6M | $32.7M | $31.6M | $26.8M | $33.1M | $28.7M |
| Gross profit | $24.9M | $23.4M | $23.4M | $24.3M | $23.4M | $19.0M | $24.5M | $20.3M |
| Operating income | -$1.6M | -$5.1M | -$4.8M | -$5.3M | -$4.8M | -$8.0M | -$11.3M | -$13.1M |
| Net income | -$1.5M | -$8.0M | -$6.8M | $12.1M | -$6.8M | -$9.5M | -$2.4M | -$19.4M |
| EPS (diluted) | $-0.03 | $-0.05 | — | $0.02 | $-0.04 | $-0.06 | $-0.03 | $-0.09 |
| EPS (basic) | $-0.03 | $-0.05 | — | $0.02 | $-0.04 | $-0.06 | $-0.03 | $-0.09 |
| Operating margin | -$5 | -$16 | -$15 | -$16 | -$15 | -$30 | -$34 | -$46 |
| Net margin | -$4 | -$26 | -$22 | $37 | -$22 | -$35 | -$7 | -$68 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $143.6M | $161.3M | $170.0M | $188.6M | $182.2M | $187.5M | $178.1M | $186.1M |
| Total liabilities | $48.8M | $52.9M | $41.0M | $47.2M | $55.0M | $58.8M | $40.4M | $47.5M |
| Stockholders' equity | -$74.4M | -$55.9M | -$30.5M | -$13.4M | -$23.1M | -$17.2M | -$56.4M | -$49.6M |
| Total current assets | $75.9M | $93.1M | $99.8M | $115.7M | $126.4M | $139.5M | $135.2M | $146.4M |
| Total current liabilities | $46.7M | $51.5M | $39.5M | $45.6M | $52.4M | $57.6M | $39.0M | $45.2M |
| Cash & equivalents | $23.3M | $37.4M | $45.1M | $55.0M | $36.5M | $56.2M | $38.0M | $50.6M |
| Marketable securities (current) | $21.6M | $21.6M | $24.7M | $22.2M | $51.8M | $48.6M | $56.2M | $61.7M |
| Other current assets | $981.0K | $1.0M | $1.4M | $2.6M | $2.9M | $1.3M | $1.5M | $1.6M |
| Property, plant & equipment | $21.9M | $22.6M | $23.0M | $22.3M | $20.7M | $16.7M | $11.7M | $9.7M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible assets | — | — | — | $69.0K | $73.0K | $77.0K | $81.0K | $2.1M |
| Other non-current assets | $40.6M | $40.9M | $41.4M | $42.6M | $25.9M | $21.9M | $21.9M | $16.8M |
| Accounts payable | $418.0K | $259.0K | $1.9M | $772.0K | $1.2M | $2.7M | $1.6M | $1.9M |
| Accrued liabilities | $4.1M | $6.5M | $5.3M | $3.3M | $3.5M | $2.7M | $2.1M | $3.7M |
| Deferred revenue (current) | $31.5M | $34.0M | $19.4M | $25.2M | $32.4M | $32.9M | $19.2M | $19.9M |
| Other current liabilities | $11.3M | $13.2M | $11.5M | $9.3M | $10.1M | $11.3M | $9.7M | $17.5M |
| Long-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current liabilities | $2.1M | $1.5M | $1.6M | $1.4M | $1.8M | $291.0K | $278.0K | $1.3M |
| Common stock & paid-in capital | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K |
| Retained earnings | -$1.40B | -$1.40B | -$1.39B | -$1.39B | -$1.40B | -$1.39B | -$1.38B | -$1.38B |
| Accumulated other comprehensive income (loss) | $623.0K | $663.0K | $597.0K | $555.0K | $514.0K | $565.0K | $602.0K | $765.0K |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.9M | $7.4M | $1.5M | -$3.6M | -$6.5M | $20.1M | -$4.6M | $2.1M |
| Investing cash flow | -$685.0K | $2.9M | -$1.8M | $27.5M | -$10.7M | $3.5M | -$1.9M | $11.7M |
| Financing cash flow | -$21.3M | -$17.9M | -$17.6M | -$6.2M | -$3.7M | -$5.2M | -$6.3M | -$4.2M |
| Capital expenditures | — | — | — | — | — | — | — | — |
| Depreciation & amortization | $1.5M | $1.3M | $1.2M | $1.0M | $640.0K | $407.0K | $273.0K | $438.0K |
| Share-based compensation | $7.0M | $6.8M | $7.5M | $7.8M | $7.6M | $6.1M | $6.0M | $6.5M |
| Deferred income taxes | — | — | $0 | — | — | — | $34.0K | — |
| Change in accounts payable | $159.0K | -$1.6M | $1.1M | -$429.0K | -$1.5M | $1.0M | $393.0K | $819.0K |
| Purchases of investments | $0 | $5.0M | $5.0M | $6.7M | $11.9M | $11.9M | $5.6M | $19.9M |
| Sales/maturities of investments | $0 | $0 | $0 | $20.0M | $11.0K | $848.0K | $0 | $30.0K |
| Other investing activities | — | — | $0 | $0 | — | — | $0 | $283.0K |
| Share repurchases | $20.4M | $16.8M | $15.7M | $5.0M | $1.6M | $2.6M | $0 | $0 |
| Debt repaid | — | — | $0 | $0 | $0 | — | $0 | $0 |
| Tax withholding on stock comp | $937.0K | $1.1M | $2.0M | $1.9M | $2.5M | $3.0M | $7.1M | $4.0M |
| Other financing activities | — | — | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $123.6M | $115.8M | $109.5M | $235.2M | $234.5M |
| Gross profit | $91.2M | $83.2M | $76.5M | $89.7M | $116.0M |
| Operating income | -$21.7M | -$48.8M | -$143.6M | -$746.2M | -$197.2M |
| Net income | -$6.8M | -$43.3M | -$178.7M | -$720.2M | -$169.9M |
| EPS (diluted) | $-0.10 | $-0.24 | $-0.76 | $-3.28 | $-1.30 |
| EPS (basic) | $-0.10 | $-0.24 | $-0.76 | $-3.28 | $-1.30 |
| Operating margin | -$18 | -$42 | -$131 | -$317 | -$84 |
| Net margin | -$6 | -$37 | -$163 | -$306 | -$72 |
Balance sheet
| Line item | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 |
|---|---|---|---|---|---|
| Total assets | $170.0M | $188.6M | $182.2M | $187.5M | $178.1M |
| Total liabilities | $41.0M | $47.2M | $55.0M | $58.8M | $40.4M |
| Stockholders' equity | -$30.5M | -$13.4M | -$23.1M | -$17.2M | -$56.4M |
| Total current assets | $97.9M | $115.7M | $126.4M | $139.5M | $135.2M |
| Total current liabilities | $39.5M | $45.6M | $52.4M | $57.6M | $39.0M |
| Cash & equivalents | $43.6M | $55.0M | $36.5M | $56.2M | $38.0M |
| Marketable securities (current) | $24.7M | $22.2M | $51.8M | $48.6M | $56.2M |
| Other current assets | $1.2M | — | — | — | $1.5M |
| Property, plant & equipment | $23.0M | $22.3M | $20.7M | $16.7M | $11.7M |
| Goodwill | — | — | — | — | — |
| Intangible assets | — | $69.0K | $73.0K | $77.0K | $2.1M |
| Other non-current assets | $41.4M | $42.6M | $25.9M | $21.9M | $21.9M |
| Accounts payable | $1.8M | $772.0K | $1.2M | $2.7M | $1.6M |
| Accrued liabilities | $2.8M | — | — | — | $2.1M |
| Deferred revenue (current) | $19.4M | $25.2M | $32.4M | $32.9M | $19.2M |
| Other current liabilities | $8.9M | $9.3M | $10.1M | $11.3M | $9.7M |
| Long-term debt | $0 | $0 | — | — | $0 |
| Other non-current liabilities | $1.4M | $1.4M | $1.8M | $291.0K | $278.0K |
| Common stock & paid-in capital | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K |
| Retained earnings | -$1.39B | -$1.39B | -$1.40B | -$1.39B | -$1.38B |
| Accumulated other comprehensive income (loss) | $597.0K | $555.0K | $514.0K | $565.0K | $602.0K |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | $11.5M | -$13.0M | -$127.6M | -$190.4M | -$127.5M |
| Investing cash flow | $18.5M | $45.4M | $127.3M | $99.4M | -$633.9M |
| Financing cash flow | -$32.6M | -$21.1M | -$91.0M | $2.2M | $933.6M |
| Free cash flow | — | — | — | — | -$129.2M |
| Capital expenditures | — | — | — | — | $1.7M |
| Depreciation & amortization | $3.3M | $1.3M | $1.5M | $10.8M | $10.6M |
| Share-based compensation | $29.0M | $27.9M | $45.6M | $109.7M | $70.8M |
| Deferred income taxes | $0 | $34.0K | -$34.0K | -$2.9M | -$39.3M |
| Change in accounts payable | $206.0K | -$291.0K | $1.2M | -$4.9M | $1.6M |
| Purchases of investments | $35.5M | $102.0M | $236.1M | $145.5M | $351.6M |
| Sales/maturities of investments | $20.8M | $100.3M | $56.0M | $6.0K | $0 |
| Other investing activities | $0 | $283.0K | $0 | $0 | — |
| Share repurchases | $24.9M | $0 | $0 | — | — |
| Debt repaid | $0 | $144.5M | $85.1M | $0 | $0 |
| Tax withholding on stock comp | $9.4M | $18.1M | $6.2M | $0 | $0 |
| Other financing activities | — | — | — | — | $0 |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding BLND as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-06-11 to 2026-10-19
Recent transactions
- Insiders have net bought 924,962 shares over the last 182 days, across 4 purchases and 9 sales.
- Most recent: Ghamsari Nima (HEAD OF BLEND) — Open market sale of 27,775 shares on 2026-10-19.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Ghamsari Nima | HEAD OF BLEND | Open market sale | 2026-10-19 | 27,775 |
| Venkatramani Srinivasan | Head of Product Tech & Cust Op | Open market sale | 2026-09-11 | 74,705 |
| Ling Winnie | HEAD OF LEGAL AND PEOPLE | Option exercise | 2026-08-20 | 31,250 |
| Thomson Matthew Christopher | Head of Revenue | Option exercise | 2026-08-20 | 100,000 |
| Ream Jason | Head of Finance and Admin. | Option exercise | 2026-08-20 | 550,000 |
| Tkach Oxana | PRINCIPAL ACCOUNTING OFFICER | Option exercise | 2026-08-20 | 25,000 |
| Haveli Investments, L.P. | Reporting person | Open market purchase | 2026-08-17 | 17,397 |
| Woersching Eric H. | Reporting person | Option exercise | 2026-06-11 | 50,000 |
| Sullivan Bryan Edmund | Reporting person | Option exercise | 2026-06-11 | 50,000 |
| Chen Gerald C. | Reporting person | Option exercise | 2026-06-11 | 50,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-10-19 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 27,775 | $0.92 |
| 2026-10-12 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 25,098 | $0.97 |
| 2026-10-05 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 24,272 | $1.02 |
| 2026-09-28 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 22,523 | $1.10 |
| 2026-09-21 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 21,009 | $1.19 |
| 2026-09-14 | Ghamsari Nima | HEAD OF BLEND | Open market sale | 17,731 | $1.43 |
| 2026-09-11 | Venkatramani Srinivasan | Head of Product Tech & Cust Op | Open market sale | 74,705 | $1.43 |
| 2026-08-20 | Ling Winnie | HEAD OF LEGAL AND PEOPLE | Option exercise | 31,250 | — |
| 2026-08-20 | Ling Winnie | HEAD OF LEGAL AND PEOPLE | Option exercise | 39,164 | — |
| 2026-08-20 | Ling Winnie | HEAD OF LEGAL AND PEOPLE | Tax withholding | 25,385 | $1.50 |
| 2026-08-20 | Ghamsari Nima | HEAD OF BLEND | Option exercise | 375,000 | — |
| 2026-08-20 | Ghamsari Nima | HEAD OF BLEND | Option exercise | 125,000 | — |
| 2026-08-20 | Ghamsari Nima | HEAD OF BLEND | Option exercise | 114,229 | — |
| 2026-08-20 | Ghamsari Nima | HEAD OF BLEND | Tax withholding | 241,701 | $1.50 |
| 2026-08-20 | Thomson Matthew Christopher | Head of Revenue | Option exercise | 100,000 | — |
| 2026-08-20 | Thomson Matthew Christopher | Head of Revenue | Tax withholding | 24,350 | $1.50 |
| 2026-08-20 | Ream Jason | Head of Finance and Admin. | Option exercise | 550,000 | — |
| 2026-08-20 | Ream Jason | Head of Finance and Admin. | Tax withholding | 133,926 | $1.50 |
| 2026-08-20 | Venkatramani Srinivasan | Head of Product Tech & Cust Op | Option exercise | 81,250 | — |
| 2026-08-20 | Venkatramani Srinivasan | Head of Product Tech & Cust Op | Tax withholding | 29,372 | $1.50 |
| 2026-08-20 | Tkach Oxana | PRINCIPAL ACCOUNTING OFFICER | Option exercise | 25,000 | — |
| 2026-08-20 | Tkach Oxana | PRINCIPAL ACCOUNTING OFFICER | Option exercise | 12,500 | — |
| 2026-08-20 | Tkach Oxana | PRINCIPAL ACCOUNTING OFFICER | Tax withholding | 10,667 | $1.50 |
| 2026-08-17 | Haveli Investments, L.P. | Reporting person | Open market purchase | 17,397 | $1.44 |
| 2026-08-17 | Tkach Oxana | PRINCIPAL ACCOUNTING OFFICER | Open market sale | 21,209 | $1.45 |
| 2026-08-05 | Thomson Matthew Christopher | Head of Revenue | Open market sale | 15,041 | $2.00 |
| 2026-06-15 | Haveli Investments, L.P. | Reporting person | Open market purchase | 650,000 | $1.72 |
| 2026-06-12 | Haveli Investments, L.P. | Reporting person | Open market purchase | 256,928 | $1.70 |
| 2026-06-11 | Haveli Investments, L.P. | Reporting person | Open market purchase | 250,000 | $1.74 |
| 2026-06-11 | Woersching Eric H. | Reporting person | Option exercise | 50,000 | — |
| 2026-06-11 | Sullivan Bryan Edmund | Reporting person | Option exercise | 50,000 | — |
| 2026-06-11 | Chen Gerald C. | Reporting person | Option exercise | 50,000 | — |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 03:00 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-21 | 4 | 2026-10-19 | View on SEC.gov → |
| 2026-10-14 | 4 | 2026-10-12 | View on SEC.gov → |
| 2026-10-07 | 4 | 2026-10-05 | View on SEC.gov → |
| 2026-09-30 | 4 | 2026-09-28 | View on SEC.gov → |
| 2026-09-23 | 4 | 2026-09-21 | View on SEC.gov → |
| 2026-09-21 | 8-K | 2026-09-18 | View on SEC.gov → |
| 2026-09-16 | 4 | 2026-09-14 | View on SEC.gov → |
| 2026-09-15 | 4 | 2026-09-11 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
Recent news
Headlines about BLND (Blend Labs, Inc.). Links open the publisher — we don’t host full articles.
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Insider Selling: Blend Labs (NYSE:BLND) Insider Sells $25,553.00 in Stock
MarketBeat · 2026-10-21 -
Blend Labs head Nima Ghamsari sells $25,664 in company stock By Investing.com
Investing.com Canada · 2026-10-21 -
Under a trading plan, Blend Labs (BLND) director Nima Ghamsari sells 27,775 shares.
Stock Titan · 2026-10-21 -
Blend Labs, Inc. (NYSE:BLND) Stock Now Rated "Hold" by Sell-Side Analysts
MarketBeat · 2026-10-21 -
BLND Nov 2026 1.500 put (BLND261120P00001500) interactive stock chart
Yahoo Finance UK · 2026-10-21 -
A $25.7K share sale is proposed by Blend Labs (BLND) officer and director Nima Ghamsari.
Stock Titan · 2026-10-19 -
FTSE 100 British Land (LSE:BLND) Pauses After Strong Signal
Kalkine Media · 2026-10-19 -
Blend Labs (NYSE:BLND) Upgraded to Buy at Wall Street Zen
MarketBeat · 2026-10-17
No headlines in this category right now — try “All”.