BLND Q1 2025 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$421M

Q1 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$27M+12.3% YoY

Gross Profit

$19M70.8% margin

Operating Income

-$8M-28.7% margin

Net Income

-$10M-39.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-35.4%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$16M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$188M

Total Liabilities

$205M

Stockholders' Equity

-$17M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$24M	+12.3%
Gross Profit	$19M	$16M	+18.2%
Operating Income	-$8M	-$21M	+63.7%
Net Income	-$10M	-$22M	+52.6%

Revenue Segments

Software

$24M91%

Professional Services

$3M9%