Blend Labs, Inc. (BLND) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 91.4M | 97.86M | 115.99M | 126.83M | 139.94M | 135.17M | 146.4M | 142.52M | 159.53M | 169.84M | 283.19M | 309.37M | 350.16M | 396.1M | 453.76M | 503.28M | 560.83M | 613.02M | 661.7M | 517.41M |
| Cash & Short-Term Investments | 60.97M | 68.32M | 77.25M | 88.3M | 104.82M | 98.48M | 116.78M | 112.6M | 128.03M | 136.92M | 244.96M | 265.6M | 306.86M | 354.15M | 400.78M | 450.5M | 499.38M | 547.23M | 593.55M | 453.69M |
| Cash Only | 39.37M | 43.58M | 55.02M | 36.5M | 56.24M | 42.24M | 55.04M | 45.45M | 84.52M | 30.96M | 84.56M | 34.98M | 46.2M | 124.2M | 114.38M | 132.68M | 167.67M | 213.08M | 276.06M | 369.73M |
| Short-Term Investments | 21.61M | 24.74M | 22.23M | 51.8M | 48.57M | 56.23M | 61.74M | 67.15M | 43.5M | 105.96M | 160.41M | 230.62M | 260.66M | 229.95M | 286.4M | 317.81M | 331.71M | 334.15M | 317.49M | 83.96M |
| Accounts Receivable | 21.25M | 14.05M | 15.34M | 16.26M | 13.5M | 19.9M | 19.06M | 20.66M | 20.41M | 19.94M | 19.99M | 21.66M | 20.68M | 23.97M | 28.16M | 31.8M | 36.18M | 39.44M | 35.65M | 41.7M |
| Days Sales Outstanding | 51.5 | 41.68 | 44.23 | 42.95 | 56.15 | 43.29 | 40.44 | 65.12 | 77.01 | 50.87 | 47.19 | 45 | 53.82 | 56.04 | 49.83 | 47.2 | 47.57 | 42.65 | 39.73 | 88.43 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.03M | 8.65M | 15.85M | 16.03M | 16.25M | 7.9M | 2.72M | 2.29M | 3.27M | 2.89M | 4.38M | 11.26M | 14.12M | 6.68M | 7.97M | 11.21M | 8.46M | 7.85M | 8.39M | 4.26M |
| Total Non-Current Assets | 69.86M | 72.18M | 73.58M | 56.24M | 48.32M | 42.84M | 39.73M | 42.89M | 42.23M | 36.23M | 35.16M | 41.13M | 35.29M | 36.67M | 39.01M | 96.05M | 493.6M | 499.47M | 516.52M | 526.13M |
| Property, Plant & Equipment | 23.89M | 24.39M | 24.55M | 22.96M | 17.25M | 13.79M | 11.44M | 15.13M | 14.34M | 12.51M | 13.86M | 15.22M | 16.46M | 17.41M | 19.04M | 19.63M | 20.14M | 20.87M | 22.32M | 23.67M |
| Fixed Asset Turnover | 1.28x | 1.33x | 1.38x | 1.57x | 1.72x | 3.28x | 3.40x | 1.95x | 1.78x | 2.74x | 2.79x | 2.70x | 2.20x | 2.35x | 2.86x | 3.30x | 3.49x | 3.75x | 3.90x | 1.59x |
| Goodwill | 0 | 0 | 0 | 0 | 77K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47.13M | 287.23M | 287.23M | 286.98M | 284.8M |
| Intangible Assets | 0 | 0 | 69K | 73K | 0 | 2.08M | 2.08M | 2.1M | 2.1M | 2.11M | 2.11M | 2.12M | 2.12M | 2.13M | 2.13M | 13.14M | 168.94M | 173.01M | 189.78M | 194.18M |
| Long-Term Investments | 39.69M | 40.07M | 30.38M | 13.8M | 9.8M | 9.8M | 0 | 0 | 0 | 5.38M | 0 | 12.31M | 5.36M | 5.36M | 0 | 5.36M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.28M | 7.72M | 18.58M | 19.41M | 21.19M | 17.17M | 26.2M | 25.66M | 25.79M | 16.23M | 19.19M | 23.79M | 16.7M | 6.1M | 17.84M | 16.14M | 17.3M | 18.36M | 17.44M | 23.49M |
| Total Assets | 161.26M | 170.04M | 189.57M | 183.07M | 188.27M | 178.01M | 186.13M | 185.41M | 201.76M | 206.06M | 318.35M | 350.5M | 385.44M | 432.76M | 492.77M | 599.32M | 1.05B | 1.11B | 1.18B | 1.04B |
| Asset Turnover | 0.19x | 0.18x | 0.18x | 0.17x | 0.15x | 0.23x | 0.24x | 0.15x | 0.12x | 0.14x | 0.12x | 0.12x | 0.09x | 0.09x | 0.10x | 0.08x | 0.07x | 0.07x | 0.08x | 0.04x |
| Asset Growth % | -14.35% | -4.48% | 1.85% | -1.26% | -6.69% | -13.61% | -41.53% | -47.1% | -47.65% | -52.38% | -35.39% | -41.52% | -63.45% | -61.1% | -58.18% | -42.57% | 102.85% | 415.65% | - | - |
| Total Current Liabilities | 51.45M | 39.45M | 45.67M | 52.74M | 58.09M | 38.95M | 45.24M | 41.52M | 42.56M | 31.57M | 36.81M | 34.88M | 39.92M | 35.47M | 44.09M | 47.99M | 54.04M | 60.03M | 63.62M | 256.84M |
| Accounts Payable | 259K | 1.83M | 772K | 1.2M | 2.67M | 2.42M | 1.86M | 1.08M | 1.9M | 2.17M | 2.12M | 3.15M | 1.93M | 1.26M | 2.55M | 3.3M | 2.12M | 6.16M | 6.81M | 6.27M |
| Days Payables Outstanding | 12.55 | 14.97 | 10.8 | 21.41 | 29.28 | 11.8 | 7.06 | 16.24 | 23.74 | 12.05 | 13.08 | 11.96 | 6.69 | 6.18 | 7.86 | 6.12 | 8.73 | 12.96 | 12.22 | 37.62 |
| Short-Term Debt | 254K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 34.02M | 19.39M | 0 | 0 | 33.27M | 19.24M | 19.86M | 20.83M | 21.54M | 8.98M | 10.06M | 11.97M | 13.05M | 8.7M | 9.96M | 12.05M | 14.17M | 8.07M | 10.03M | 11.48M |
| Other Current Liabilities | 12.93M | 9.63M | 31.6M | 38.66M | 11.13M | 4.05M | 7.14M | 3.23M | 5.19M | 5.56M | 11.34M | 10.8M | 9.77M | 11.37M | 15.27M | 18.78M | 14.38M | 18.14M | 15.6M | 24.09M |
| Current Ratio | 1.78x | 2.48x | 2.54x | 2.40x | 2.41x | 3.47x | 3.24x | 3.43x | 3.75x | 5.38x | 7.69x | 8.87x | 8.77x | 11.17x | 10.29x | 10.49x | 10.38x | 10.21x | 10.40x | 2.01x |
| Quick Ratio | 1.78x | 2.48x | 2.54x | 2.40x | 2.41x | 3.47x | 3.24x | 3.43x | 3.75x | 5.38x | 7.69x | 8.87x | 8.77x | 11.17x | 10.29x | 10.49x | 10.38x | 10.21x | 10.40x | 2.01x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 165.72M | 161.06M | 1.58M | 2.65M | 147.06M | 143.04M | 2.25M | 6.74M | 147.31M | 147.54M | 230.5M | 230.99M | 232.15M | 233.37M | 233.63M | 233.89M | 236.34M | 241.87M | 239.37M | 253.98M |
| Long-Term Debt | 164.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138.85M | 138.33M | 219M | 218.24M | 217.51M | 216.8M | 215.96M | 215.23M | 214.53M | 213.84M | 213.16M | 0 |
| Capital Lease Obligations | 1.1M | 1.22M | 1.31M | 1.42M | 0 | 801K | 955K | 5.17M | 6.4M | 6.98M | 8.13M | 9.24M | 10.24M | 11.09M | 12.09M | 12.65M | 13.68M | 14.61M | 13.59M | 14.55M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.67M | 0 | 0 | 0 | 2.86M | 604K | 604K |
| Other Non-Current Liabilities | 393K | 159.84M | 274K | 1.23M | 147.06M | 142.24M | 1.29M | 1.57M | 2.06M | 2.23M | 3.36M | 3.52M | 4.41M | 5.48M | 5.58M | 6.01M | 8.13M | 10.55M | 12.01M | 238.82M |
| Total Liabilities | 217.17M | 200.52M | 47.25M | 55.4M | 205.15M | 181.99M | 47.49M | 48.27M | 189.87M | 179.12M | 267.31M | 265.87M | 272.07M | 268.84M | 277.72M | 281.88M | 290.38M | 301.89M | 302.99M | 510.82M |
| Total Debt | 165.58M | 1.48M | 1.61M | 2.38M | 1.71M | 3.83M | 5.27M | 9.87M | 149.82M | 149.69M | 231.43M | 231.7M | 231.88M | 231.98M | 232.71M | 232.17M | 232.35M | 232.31M | 230.91M | 18.67M |
| Net Debt | 126.22M | -42.1M | -53.41M | -34.12M | -54.53M | -38.41M | -49.77M | -35.58M | 65.3M | 118.73M | 146.88M | 196.72M | 185.68M | 107.78M | 118.33M | 99.49M | 64.68M | 19.22M | -45.15M | -351.05M |
| Debt / Equity | - | - | 0.01x | 0.02x | - | - | 0.04x | 0.07x | 12.60x | 5.56x | 4.53x | 2.74x | 2.05x | 1.42x | 1.08x | 0.73x | 0.30x | 0.29x | 0.26x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | -10.63x | -3.05x | -3.30x | -4.09x | -4.21x | -7.74x | -10.02x | -20.55x | -82.33x | -12.53x | -10.55x | -12.54x | - |
| Total Equity | -55.91M | -30.47M | 142.31M | 127.68M | -16.89M | -3.98M | 138.64M | 137.14M | 11.89M | 26.95M | 51.05M | 84.63M | 113.37M | 163.92M | 215.05M | 317.44M | 764.05M | 810.59M | 875.24M | 532.72M |
| Equity Growth % | -231.12% | -665.46% | 2.65% | -6.9% | -241.98% | -114.77% | 171.59% | 62.05% | -89.51% | -83.56% | -76.26% | -73.34% | -85.16% | -79.78% | -75.43% | -40.41% | 65.21% | 396.27% | - | - |
| Book Value per Share | -0.22 | -0.12 | 0.53 | 0.49 | -0.07 | -0.02 | 0.54 | 0.54 | 0.05 | 0.11 | 0.21 | 0.35 | 0.47 | 0.69 | 0.91 | 1.37 | 3.32 | 3.56 | 4.37 | 2.43 |
| Total Shareholders' Equity | -55.91M | -30.47M | 142.31M | 127.68M | -16.89M | -56.36M | 87.89M | 87.97M | -35.76M | -19.24M | 6.29M | 41.27M | 71.35M | 123.17M | 175.57M | 279.19M | 726.97M | 774.64M | 828.75M | 486.45M |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 1K |
| Retained Earnings | -1.4B | -1.39B | -1.39B | -1.4B | -1.39B | -1.38B | -1.38B | -1.38B | -1.36B | -1.34B | -1.31B | -1.27B | -1.23B | -1.16B | -1.08B | -956.24M | -514.87M | -442.76M | -371.08M | -294.15M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 663K | 597K | 555K | 514K | 565K | 602K | 765K | 304K | 346K | 441K | -402K | -689K | 95K | -708K | -2.16M | -3.05M | -2.63M | -808K | -88K | 4K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 52.38M | 50.75M | 49.17M | 47.66M | 46.19M | 44.75M | 43.36M | 42.03M | 40.75M | 39.48M | 38.25M | 37.08M | 35.95M | 46.49M | 46.27M |