Blend Labs, Inc. revenue
Blend Labs, Inc.'s revenue was $124m in fiscal 2025, up 6.8% on the year before. Since fiscal 2019 ($50.7m) it has grown at a compound 16.0% a year. Over the last twelve months it was $129m.
Revenue history
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 96 | 234 | 235 | 110 | 116 | 124 | 129 |
| Growth on the year before | — | +89.5% | +144.2% | +0.3% | −53.4% | +5.7% | +6.8% | — |
| Gross profit | 31 | 62 | 116 | 90 | 76 | 83 | 91 | 96 |
| Gross margin | 61.4% | 64.3% | 49.5% | 38.1% | 69.8% | 71.9% | 73.8% | 74.3% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Software | $114M | 92.6% | ▲ 7.0% |
| Mortgage Suite (part of Software) | $69.2M | 60.5% | ▼ 5.5% |
| Consumer Banking Suite (part of Software) | $45.2M | 39.5% | ▲ 34.4% |
| Professional Services | $9.1M | 7.4% | ▲ 3.3% |
From Blend Labs, Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Blend Labs, Inc. | $129m | 6.0% | -10.2% |
| Expensify, Inc. | $138m | -4.3% | -5.8% |
| Agora, Inc. | $141m | 5.9% | — |
| Firy Inc. | $117m | 31.3% | -14.9% |
| Bigbear.ai Holdings, Inc. | $142m | -1.5% | -2.9% |
| Lucas GC Ltd | $145m | -1.9% | — |
Compare with peers
- Expensify, Inc. revenue
- Agora, Inc. revenue
- Firy Inc. revenue
- Bigbear.ai Holdings, Inc. revenue
- Lucas GC Ltd revenue
Head to head: BLND vs EXFYAPI vs BLNDBLND vs FIRY
More: Application Software stocks compared, Technology sector, rankings of US companies