Blend Labs, Inc. Balance Sheet
BLND / Information Technology|7 years of annual SEC 10-K data (FY2019-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 7 fiscal years. All figures from audited SEC 10-K filings.
Blend Labs, Inc. had $187M in total assets with negative shareholders' equity of $17M as of FY2025. Total debt was $0 against $56M in cash, resulting in a $56M net cash position.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Virtually debt-free: No long-term debt on the balance sheet
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $56.2M | $38.0M | $23.5M | $124.2M | $213.1M | $41.1M | $22.6M |
| Current Assets | $139.5M | $135.2M | $169.8M | $396.1M | $613.0M | $186.1M | - |
| PP&E (Net) | $16.7M | $11.7M | $3.9M | $5.7M | $6.2M | $4.6M | - |
| Goodwill | - | - | - | $0 | $287.2M | $0 | - |
| Total Assets | $187.5M | $178.1M | $206.1M | $432.8M | $1.1B | $215.7M | - |
| Current Liabilities | $57.6M | $39.0M | $31.6M | $35.5M | $60.0M | $35.0M | - |
| Total Debt | $0 | $0 | $138.3M | $216.8M | $213.8M | $0 | - |
| Shareholders' Equity | -$17.2M | -$56.4M | -$19.2M | $123.2M | $774.6M | $163.3M | $135.0M |