BLND Q4 2021 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$421M

Q4 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$81M+164.4% YoY

Gross Profit

$35M43.1% margin

Operating Income

-$60M-73.9% margin

Net Income

-$72M-88.5% margin

EPS (Diluted)

$-0.32

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$43M

Free Cash Flow

-$44M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$302M

Stockholders' Equity

$775M

Cash & Equivalents

$213M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$31M	+164.4%
Gross Profit	$35M	$22M	+60.0%
Operating Income	-$60M	-$16M	-273.0%
Net Income	-$72M	-$16M	-348.5%

Revenue Segments

Mortgage Banking

$29M80%

Emerging Business And Service

$6M17%

Professional Services

$1M3%