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BLND Blend Labs, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-06, not restated
Technology

Scale

Market cap
$350m
Revenue TTM
$129m
Net income TTM
$-4m
Free cash flow
$8m
Composite score
Sector rank
#2584

Valuation

P / E
EV / EBITDA
EV / sales
2.4
FCF yield
2.16%
Earnings yield vs 10-yr
-5.82pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-3.0%
EBITDA margin
-8.7%
ROE
5.2%
ROIC
Revenue growth
-10.8%

Insider activity, last 90 days

Net open-market
$4.26m
Buyers
1
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Our products and marketplaces provide multiple opportunities for us to serve financial services firms and consumers and drive revenue growth. In the second quarter of 2026, we saw an increase in mortgage transactions on our software platform compared to the first quarter of 2026, which can be attributed primarily to seasonal trends within the purchase market. As a large portion of our revenue is driven by mortgage and mortgage related transaction volumes, changes in the mortgage origination volumes have had, and are likely to continue to have, material effects on our business. …Blend Labs, Inc., 10-Q, period ended 2026-06-30, filed 2026-08-06

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