BLND FY 2023 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$421M

FY 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$157M-33.3% YoY

Gross Profit

$81M51.7% margin

Operating Income

-$156M-99.6% margin

Net Income

-$185M-118.2% margin

EPS (Diluted)

$-0.76

Cash Flow

Operating Cash Flow

-$128M

Free Cash Flow

-$128M

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$206M

Total Liabilities

$179M

Stockholders' Equity

-$19M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$157M	$235M	-33.3%
Gross Profit	$81M	$90M	-9.5%
Operating Income	-$156M	-$746M	+79.1%
Net Income	-$185M	-$769M	+75.9%