Blend Labs, Inc. Interest Expense History
BLND / Information Technology|5 years of SEC 10-K data (FY2019-FY2023)
$31M in FY2023.
Increased from $11M to $31M over the past 2 years.
At $31M, Blend Labs, Inc.'s interest expense ranks #42 of 78 in the Information Technology sector. Interest Expense has increased for 3 consecutive years, from $0 in FY2020 to $31M in FY2023.
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
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Interest Expense Trend
#42 of 78 in Information TechnologyTop 53% of 78This company $30.8M Sector average $135.1M
▼
-77.2% below sector average
Key Insights
- In FY2023, interest expense increased 24.3% year-over-year.
- Ranks #37 out of 78 companies in the Information Technology sector.
- Lowest interest expense in the period was in FY2020.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $30.8M | +24.3% |
| FY2022 | $24.8M | +119.8% |
| FY2021 | $11.3M | - |
| FY2020 | $0 | - |
| FY2019 | $0 | - |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026