Blend Labs, Inc. SG&A Expense History
BLND / Information Technology|7 years of SEC 10-K data (FY2019-FY2025)
$25M in FY2025 with a 5-year CAGR of -3.7%.
Improved from $61M to $25M over the past 2 years.
Among 289 Information Technology companies, Blend Labs, Inc. is in the top 2% for sg&a expense. SG&A Expense has declined for 3 consecutive years, from $139M in FY2022 to $25M in FY2025.
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
- -43.6%
- 5-Year CAGR
- -3.7%
- 10-Year CAGR
- -
SG&A Expense Trend
Top 2% in Information TechnologyTop 2% of 289This company $24.9M Sector average $750.2M
▼
-96.7% below sector average
Key Insights
- Blend Labs, Inc.'s sg&a expense has declined for 3 consecutive years.
- 5-year CAGR of -3.7%, indicating a declining trend.
- In FY2025, sg&a expense decreased 45.4% year-over-year.
- Ranks #282 out of 289 companies in the Information Technology sector.
Annual Data
| Year | SG&A Expense | YoY Growth |
|---|---|---|
| FY2025 | $24.9M | -45.4% |
| FY2024 | $45.7M | -25.5% |
| FY2023 | $61.3M | -55.9% |
| FY2022 | $139.1M | +8.0% |
| FY2021 | $128.8M | +327.8% |
| FY2020 | $30.1M | +13.2% |
| FY2019 | $26.6M | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026