Blend Labs
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Blend Labs's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $156,846,000. The net income raised on -$185,320,000 and profit margin reached -118%. Total operating expenses were $212,409,000.
Profit Margin
| 2019 | 50.67M | -81.45M | -160.75% |
|---|---|---|---|
| 2020 | 96.02M | -74.61M | -77.7% |
| 2021 | 234.49M | -169.14M | -72.13% |
| 2022 | 235.20M | -763.81M | -324.75% |
| 2023 | 156.84M | -185.32M | -118.15% |
BLND Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 156.84M | 235.20M | 234.49M | 96.02M | 50.67M |
Cost of revenue | 75.71M | 145.55M | 118.50M | 34.28M | 19.54M |
Gross profit | 81.13M | 89.65M | 115.98M | 61.74M | 31.12M |
Operating exp. | |||||
Research and development | 81.59M | 138.09M | 92.21M | 55.50M | 48.59M |
Selling and marketing | 60.13M | 85.24M | 84.07M | 51.42M | 37.66M |
Total operating expenses | 212.40M | 370.87M | 313.23M | 137.03M | 112.84M |
Operating income | -156.22M | -281.22M | -197.24M | -75.29M | -81.72M |
Other income (expenses), net | -23.56M | -484.82M | -10.78M | 700K | 283K |
Income before tax | -179.78M | -766.05M | -208.02M | -74.59M | -81.43M |
Income tax expense | 94K | -2.24M | -38.88M | 26K | 13K |
Net income | -185.32M | -763.81M | -169.14M | -74.61M | -81.45M |
Earnings per share | |||||
Basic EPS | -0.76 | -3.26 | -0.73 | -0.34 | -0.37 |
Diluted EPS | -0.76 | -3.26 | -0.73 | -0.34 | -0.37 |
| Data source | Data source | Data source |