Blend Labs, Inc. (BLND) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 30.84M | 32.43M | 32.86M | 31.52M | 26.77M | 41.41M | 45.18M | 28.7M | 23.84M | 36.1M | 40.59M | 42.81M |
| Revenue Growth % | 15.21% | -21.68% | -27.28% | 9.85% | 12.29% | 14.69% | 11.32% | -32.98% | -36.15% | -15.62% | -26.67% | -34.67% |
| Cost of Goods Sold | 7.48M | 7.99M | 8.4M | 8.22M | 7.81M | 16.68M | 19.19M | 8.36M | 7.8M | 16.38M | 18.53M | 19.32M |
| COGS % of Revenue | 24.25% | 24.62% | 25.58% | 26.07% | 29.18% | 40.28% | 42.47% | 29.12% | 32.71% | 45.36% | 45.65% | 45.13% |
| Gross Profit | 23.36M | 24.45M | 24.46M | 23.3M | 18.96M | 24.73M | 26M | 20.34M | 16.04M | 19.73M | 22.06M | 23.49M |
| Gross Margin % | 75.75% | 75.38% | 74.42% | 73.93% | 70.82% | 59.72% | 57.53% | 70.88% | 67.29% | 54.64% | 54.35% | 54.87% |
| Gross Profit Growth % | 23.25% | -1.14% | -5.92% | 14.57% | 18.18% | 25.36% | 17.83% | -13.42% | 1.19% | 36.92% | 4.51% | -7.01% |
| Operating Expenses | 27.76M | 28.92M | 29.37M | 27.93M | 26.65M | 26.52M | 39.31M | 33.41M | 37.26M | 41.59M | 58.26M | 60.21M |
| OpEx % of Revenue | 90.02% | 89.18% | 89.37% | 88.6% | 99.56% | 64.04% | 87.01% | 116.43% | 156.3% | 115.2% | 143.53% | 140.64% |
| Selling, General & Admin | 18.35M | 19.45M | 20.75M | 20.57M | 18.41M | 17.54M | 23.02M | 20.38M | 22.11M | 26.48M | 30.31M | 35.77M |
| SG&A % of Revenue | 59.5% | 59.99% | 63.15% | 65.25% | 68.78% | 42.36% | 50.95% | 71.02% | 92.73% | 73.35% | 74.68% | 83.55% |
| Research & Development | 9.41M | 9.47M | 8.52M | 7.33M | 7.52M | 8.86M | 10.13M | 12.92M | 14.18M | 14.42M | 18.83M | 22.09M |
| R&D % of Revenue | 30.52% | 29.19% | 25.93% | 23.26% | 28.09% | 21.4% | 22.41% | 45.01% | 59.49% | 39.93% | 46.38% | 51.6% |
| Other Operating Expenses | 0 | 0 | 93K | 28K | 719K | 116K | 1000K | 114K | 972K | 694K | 1000K | 1000K |
| Operating Income | -4.4M | -4.48M | -4.91M | -4.62M | -7.69M | -1.79M | -13.32M | -13.07M | -21.22M | -21.87M | -36.2M | -36.72M |
| Operating Margin % | -14.26% | -13.8% | -14.95% | -14.67% | -28.74% | -4.32% | -29.48% | -45.54% | -89.01% | -60.57% | -89.18% | -85.77% |
| Operating Income Growth % | 42.82% | -150.48% | 63.13% | 64.62% | 63.75% | 91.83% | 63.21% | 64.41% | 65.46% | 70.9% | 72.12% | 92.21% |
| EBITDA | -2.46M | -3.1M | -4.88M | -3.86M | -7.21M | -1.1M | -11.26M | -12.04M | -20.17M | -20.41M | -34.76M | -35.29M |
| EBITDA Margin % | -7.99% | -9.54% | -14.86% | -12.25% | -26.93% | -2.67% | -24.92% | -41.97% | -84.6% | -56.54% | -85.64% | -82.42% |
| EBITDA Growth % | 65.82% | -180.09% | 56.65% | 67.93% | 64.26% | 94.59% | 67.61% | 65.87% | 66.39% | 72.25% | 72.82% | 92.43% |
| D&A (Non-Cash Add-back) | 1.94M | 1.38M | 29.33K | 762K | 484K | 682K | 2.06M | 1.03M | 1.05M | 1.45M | 1.44M | 1.44M |
| EBIT | -4.4M | -3.13M | 12.44M | -3.61M | -6.58M | -682K | -2.61M | -17.52M | -15.57M | -23.36M | -33.57M | -33.49M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.65M | -5.1M | -7.08M | -8.21M | -7.95M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.65M | 5.1M | 7.08M | 8.21M | 7.95M |
| Other Income/Expense | -1M | 1.35M | 17.35M | 1.02M | 1.11M | 1.1M | 10.71M | -6.1M | 554K | -8.58M | -5.58M | -4.71M |
| Pretax Income | -5.4M | -3.13M | 12.44M | -3.61M | -6.58M | -682K | -2.61M | -19.17M | -20.67M | -30.45M | -41.78M | -41.44M |
| Pretax Margin % | -17.51% | -9.65% | 37.85% | -11.44% | -24.58% | -1.65% | -5.77% | -66.8% | -86.69% | -84.34% | -102.92% | -96.78% |
| Income Tax | 63K | 151K | 27K | 41K | 30K | 26K | 18K | 30K | 42K | -74K | 44K | 53K |
| Effective Tax Rate % | -1.17% | -4.82% | 0.22% | -1.14% | -0.46% | -3.81% | -0.69% | -0.16% | -0.2% | 0.24% | -0.11% | -0.13% |
| Net Income | -8.05M | -3.46M | 12.53M | -6.64M | -10.48M | -2.34M | -4.21M | -20.93M | -22.13M | -31.81M | -43.21M | -42.82M |
| Net Margin % | -26.1% | -10.66% | 38.14% | -21.08% | -39.16% | -5.64% | -9.31% | -72.95% | -92.82% | -88.11% | -106.46% | -100.02% |
| Net Income Growth % | 23.23% | -48.03% | 398.03% | 68.26% | 52.62% | 92.66% | 90.27% | 51.12% | 67.2% | 7.18% | 67.75% | 91.05% |
| Net Income (Continuing) | -5.46M | -3.28M | 12.41M | -3.65M | -6.61M | -708K | -2.63M | -19.2M | -20.71M | -30.38M | -41.82M | -41.49M |
| Discontinued Operations | -1000K | -177K | 122K | -1000K | -1000K | 0 | 0 | -222K | 46K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 52.38M | 50.75M | 49.17M | 47.66M | 46.19M | 44.75M | 43.36M |
| EPS (Diluted) | -0.05 | -0.03 | 0.03 | -0.04 | -0.06 | -0.03 | -0.03 | -0.09 | -0.09 | -0.13 | -0.18 | -0.18 |
| EPS Growth % | 11.82% | -11.46% | 177.78% | 54.4% | 35.71% | 80.54% | 82% | 48.22% | 67.33% | 61.76% | 68.42% | 91.22% |
| EPS (Basic) | -0.05 | -0.03 | 0.03 | -0.04 | -0.06 | -0.03 | -0.03 | -0.09 | -0.09 | -0.13 | -0.18 | -0.18 |
| Diluted Shares Outstanding | 255.63M | 258.12M | 268.72M | 259.21M | 258.83M | 256.74M | 254.91M | 253.07M | 250.93M | 248.62M | 246.41M | 244.26M |
| Basic Shares Outstanding | 255.63M | 258.12M | 259.63M | 259.21M | 258.83M | 256.74M | 254.91M | 253.07M | 250.93M | 248.62M | 246.41M | 244.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |