Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
Revenue of Blend Labs, Inc. (BLND)
Revenue in 2023 (TTM): $156.85 M
According to Blend Labs, Inc.'s latest financial reports the company's current revenue (TTM) is $156.85 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Blend Labs, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $156.85 M | $81.14 M | $-125,514,000 | $-179,785,000 | $-185,320,000 |
| 2022 | $235.2 M | $89.65 M | $-261,890,000 | $-766,051,000 | $-763,810,000 |
| 2021 | $234.5 M | $115.99 M | $-182,935,000 | $-208,028,000 | $-169,142,000 |
| 2020 | $96.03 M | $61.74 M | $-71,298,000 | $-74,591,000 | $-74,617,000 |
| 2019 | $50.67 M | $31.12 M | $-76,675,000 | $-81,439,000 | $-81,452,000 |