Blend Labs Past Earnings Performance
Past criteria checks 0/6
Blend Labs's earnings have been declining at an average annual rate of -39%, while the Software industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 10.1% per year.
Key information
-39.0%
Earnings growth rate
2.9%
EPS growth rate
Software Industry Growth | 17.3% |
Revenue growth rate | 10.1% |
Return on equity | -667.5% |
Net Margin | -118.2% |
Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
A Piece Of The Puzzle Missing From Blend Labs, Inc.'s (NYSE:BLND) 35% Share Price Climb
Mar 29Blend Labs: Still Navigating A Challenging Housing Market
Mar 05Is Blend Labs (NYSE:BLND) Using Debt Sensibly?
Feb 19Blend Labs: Burning Cash And Diluting Shareholders
Dec 12Blend Labs, Inc. (NYSE:BLND) Held Back By Insufficient Growth Even After Shares Climb 31%
Dec 09Blend Labs Focuses On Consumer Banking As Mortgage Industry Woes Continue (Rating Downgrade)
Nov 30Blend Labs: Q2 2023 Could Be The Sign That Revenue Growth Is Turning Around
Sep 13Blend Labs: A Long Way To Go
Jul 31Time To Worry? Analysts Just Downgraded Their Blend Labs, Inc. (NYSE:BLND) Outlook
Mar 24Blend: Providing A White Label Solution That Fits The Bill
Dec 15Blend Labs: Not Worth Betting The House On
Nov 13PNC Bank partners with Blend Labs to digitally optimize mortgage application process
Sep 27Blend Labs Makes Tepid Cost Cutting Moves In Downturn
Aug 12Analysts Have Lowered Expectations For Blend Labs, Inc. (NYSE:BLND) After Its Latest Results
Apr 03Blend Labs, Inc. (NYSE:BLND) Analysts Just Trimmed Their Revenue Forecasts By 30%
Apr 01Blend Labs: A First Assessment
Mar 21After A 64% Decline, Blend Labs Is An Opportunistic Buy
Jan 02Blend Labs: High Growth Potential Despite Taking A Tumble
Dec 06Blend Labs: Blended Picture
Jul 18Revenue & Expenses BreakdownBeta
How Blend Labs makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 157 | -185 | 131 | 82 |
30 Sep 23 | 164 | -236 | 158 | 100 |
30 Jun 23 | 178 | -327 | 180 | 116 |
31 Mar 23 | 201 | -763 | 203 | 129 |
31 Dec 22 | 235 | -769 | 224 | 138 |
30 Sep 22 | 273 | -759 | 233 | 134 |
30 Jun 22 | 308 | -702 | 262 | 125 |
31 Mar 22 | 274 | -224 | 241 | 110 |
31 Dec 21 | 234 | -171 | 213 | 92 |
30 Sep 21 | 184 | -114 | 173 | 79 |
30 Jun 21 | 122 | -52 | 112 | 67 |
31 Mar 21 | 112 | -73 | 93 | 61 |
31 Dec 20 | 96 | -75 | 82 | 56 |
31 Dec 19 | 51 | -81 | 64 | 49 |
Quality Earnings: BLND is currently unprofitable.
Growing Profit Margin: BLND is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BLND is unprofitable, and losses have increased over the past 5 years at a rate of 39% per year.
Accelerating Growth: Unable to compare BLND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BLND is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.9%).
Return on Equity
High ROE: BLND has a negative Return on Equity (-667.53%), as it is currently unprofitable.