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BLND Q2 2024 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena
BLND
Blend Labs, Inc.
$421M
Q2 2024 Earnings
Technology
Software - Application
Income Statement
Revenue
$29M
-33.0% YoY
Gross Profit
$20M
70.9% margin
Operating Income
-$13M
-45.5% margin
Net Income
-$21M
-73.0% margin
EPS (Diluted)
$-0.09
QoQ Revenue Growth
+20.4%
Cash Flow
Operating Cash Flow
-$7M
Free Cash Flow
-$9M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$185M
Total Liabilities
$48M
Stockholders' Equity
$88M
Cash & Equivalents
$45M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$29M
$43M
-33.0%
Gross Profit
$20M
$23M
-13.4%
Operating Income
-$13M
-$37M
+64.4%
Net Income
-$21M
-$43M
+51.1%
Revenue Segments
Software
$26M
92%
Professional Services
$2M
8%
← FY 2024
All Quarters
Q3 2024 →