Company / SG&A Expense
Blend Labs, Inc. SG&A Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$24.9M
FY2025
5-year range
$24.9M / $128.8M
FY2021-FY2025
Trend
-45.4%
vs FY2024
Sector context
#300 of 307
Information Technology
What the data says
Among 307 Information Technology companies, Blend Labs, Inc. is in the top 2% for sg&a expense. SG&A Expense has fluctuated over the past 7 years, ranging from $25M in FY2025 to $129M in FY2021.
Based on SEC 10-K filings.
$25M in FY2025 with a 5-year CAGR of -3.7%.
Improved from $61M to $25M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -6.1%
- 5-Year CAGR
- -3.7%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in Information TechnologyTop 2% of 307This company $24.9M Sector average $695.9M
▼
-96.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -3.7%, indicating a declining trend.
- In FY2025, sg&a expense decreased 45.4% year-over-year.
- Ranks #300 out of 307 companies in the Information Technology sector.
- Peak sg&a expense was recorded in FY2021.
Company context
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.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $24.9M | -45.4% |
| FY2024 | $45.7M | -25.5% |
| FY2023 | $61.3M | +103.5% |
| FY2022 | $30.1M | -76.6% |
| FY2021 | $128.8M | +327.8% |
| FY2020 | $30.1M | +13.2% |
| FY2019 | $26.6M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026