BLND FY 2020 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$453M

FY 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$96M+89.5% YoY

Gross Profit

$62M64.3% margin

Operating Income

-$75M-78.4% margin

Net Income

-$75M-77.7% margin

EPS (Diluted)

$-0.34

Cash Flow

Operating Cash Flow

-$65M

Free Cash Flow

-$66M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$216M

Total Liabilities

$52M

Stockholders' Equity

$163M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$96M	$51M	+89.5%
Gross Profit	$62M	$31M	+98.4%
Operating Income	-$75M	-$82M	+7.9%
Net Income	-$75M	-$81M	+8.4%