BLND Q4 2023 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$421M

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$36M-15.6% YoY

Gross Profit

$20M54.6% margin

Operating Income

-$22M-60.6% margin

Net Income

-$32M-88.1% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

-$21M

Free Cash Flow

-$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$206M

Total Liabilities

$179M

Stockholders' Equity

-$19M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$43M	-15.6%
Gross Profit	$20M	$14M	+36.9%
Operating Income	-$22M	-$75M	+70.9%
Net Income	-$32M	-$34M	+7.2%

Revenue Segments

Professional Services

$2M100%