Blend Labs, Inc. Gross Profit History
BLND / Information Technology|7 years of SEC 10-K data (FY2019-FY2025)
$42M in FY2025 with a 5-year CAGR of -7.3%.
Declined from $76M to $42M over the past 2 years.
Among 223 Information Technology companies, Blend Labs, Inc. is in the bottom 4% for gross profit. Gross Profit has fluctuated over the past 7 years, ranging from $31M in FY2019 to $116M in FY2021.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -5.92 (distress zone, below 1.8 threshold)
- Negative profit margin: -26.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -22.1%
- 5-Year CAGR
- -7.3%
- 10-Year CAGR
- -
Gross Profit Trend
Bottom 4% in Information TechnologyTop 96% of 223This company $42.4M Sector average $4.3B
▼
-99.0% below sector average
Key Insights
- 5-year CAGR of -7.3%, indicating a declining trend.
- In FY2025, gross profit decreased 49.1% year-over-year.
- Ranks #213 out of 223 companies in the Information Technology sector.
- Peak gross profit was recorded in FY2021.
Annual Data
| Year | Gross Profit | YoY Growth |
|---|---|---|
| FY2025 | $42.4M | -49.1% |
| FY2024 | $83.2M | +8.8% |
| FY2023 | $76.5M | -14.7% |
| FY2022 | $89.7M | -22.7% |
| FY2021 | $116.0M | +87.9% |
| FY2020 | $61.7M | +98.4% |
| FY2019 | $31.1M | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026