BLND Q4 2024 Earnings — Blend Labs, Inc. Revenue & Financial Results | Market Cap Arena

BLNDBlend Labs, Inc.

$421M

Q4 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$41M+14.7% YoY

Gross Profit

$25M59.7% margin

Operating Income

-$2M-4.3% margin

Net Income

-$2M-5.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-8.4%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$7M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$178M

Total Liabilities

$182M

Stockholders' Equity

-$56M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$36M	+14.7%
Gross Profit	$25M	$20M	+25.4%
Operating Income	-$2M	-$22M	+91.8%
Net Income	-$2M	-$32M	+92.7%

Revenue Segments

Professional Services

$5M100%