# Blend Labs share price today (Blend Labs, Inc., BLND)

> Blend Labs, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. BLND · Technology · Software - Application · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/blnd

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## Key numbers

- Price: $1.16 (−65.0% in a year)
- Revenue (Jun 2026): $33.8 M (+7.0% on a year ago)
- Profit (Jun 2026): −$1.5 M
- Operating margin: −4.6% (+10.6 points on a year ago)
- ROE: −5%, FY25
- ROIC: −25.0%, against a 9.8% cost of capital: −34.8 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Blend Labs share price today? Blend Labs, Inc.'s share price was $1.16 at the close on 3 November 2026. That is 27.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $3, and at that close it sat 11% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 1 year the share price moved −67% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Blend Labs pay? Blend Labs, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Blend Labs on? Blend Labs is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Blend Labs profitable? Blend Labs, Inc. posted a net loss of $1.5 M in the Jun 2026 quarter. The full FY25 year was a loss of $6.8 M. That loss is 4.4% of the quarter's revenue. The same quarter a year earlier lost $6.8 M. 9 of the last 10 reported quarters were loss-making. ## How much revenue does Blend Labs make, and is it growing? Blend Labs, Inc. reported $33.8 M of revenue in the Jun 2026 quarter, +7.0% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 4 years it has grown −14.8% a year on average. The last full year, FY25, came in at $124 M. The last four reported quarters add to $130 M. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $124 M, +6.8% on the year before. Recent pace: the last four quarters grew +7.2% on average, against −14.8% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Blend Labs keep? Blend Labs, Inc.'s operating margin was −4.6% in the Jun 2026 quarter, 10.6 percentage points higher than the same quarter a year ago. Across 5 years it has been between −119.6% and −16.9%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +10.6 percentage points on the year while gross margin changed −0.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Blend Labs' profit turning into cash? Blend Labs, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $11.5 M of operating cash against −$6.8 M of profit. After $11.6 M of spending on assets, free cash was −$81.0 K: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Blend Labs' cash go? Blend Labs, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $21.4 M on assets over the last 3 years. Averaged over those years that is 5.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $21.4 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Blend Labs' P/E ratio, and how does it compare with its own history? Blend Labs, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Blend Labs, Inc. at 2.2× its FY25 revenue of $124 M. The P/E comes back here once profit turns positive. ## Is the Blend Labs business getting better or worse? Blend Labs, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Blend Labs earn on its capital? Blend Labs, Inc. earned a ROE of −5% in FY25. That is up from a low of −663% in FY23. Its return on capital used (ROIC) is 34.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −5.5% net margin and 0.73× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −5.5% net margin × 0.73× asset turnover × 1.32× leverage (assets divided by equity) ≈ −5.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −25.0% − 9.8% = −34.8 percentage points. The 9.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Blend Labs have too much debt? Blend Labs, Inc. has total debt of $2.0 M against shareholder equity of $94.8 M as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.29 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Blend Labs shareholding pattern? 5.1% of Blend Labs, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Blend Labs from balance-sheet trouble? For Blend Labs, Inc., the Z-score is −4.49. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of −4.49 is inside the danger zone, so the balance sheet is a real risk. ## How does Blend Labs rank in its industry? There is no score against its industry: Blend Labs, Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Blend Labs compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Blend Labs in size? Blend Labs is the 129th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Asure Software, Inc., Ribbon Communications Inc. and A2Z Cust2Mate Solutions Corp. Just below it: Commerce.com, Inc., Alight, Inc. and Gloo Holdings, Inc. ### Software - Application companies close in size

1. [Asure Software, Inc.](https://www.sectoralpha.in/us/stocks/asur) $294 million
2. [Ribbon Communications Inc.](https://www.sectoralpha.in/us/stocks/rbbn) $283 million
3. [A2Z Cust2Mate Solutions Corp.](https://www.sectoralpha.in/us/stocks/az) $276 million
4. Blend Labs, Inc. $274 million
5. [Commerce.com, Inc.](https://www.sectoralpha.in/us/stocks/cmrc) $273 million
6. [Alight, Inc.](https://www.sectoralpha.in/us/stocks/alit) $268 million
7. [Gloo Holdings, Inc.](https://www.sectoralpha.in/us/stocks/gloo) $265 million

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [Omega Flex, Inc.](https://www.sectoralpha.in/us/stocks/oflx) $266 million · Specialty Industrial Machinery
2. [Q32 Bio Inc.](https://www.sectoralpha.in/us/stocks/qttb) $265 million · Biotechnology
3. Blend Labs, Inc. $265 million
4. [Matrix Service Company](https://www.sectoralpha.in/us/stocks/mtrx) $265 million · Engineering & Construction
5. [NACCO Industries, Inc.](https://www.sectoralpha.in/us/stocks/nc) $264 million · Thermal Coal

## What else do people ask about Blend Labs? ### What were Blend Labs's latest quarterly results? Blend Labs, Inc. reported revenue of $33.8 M and a net loss of $1.5 M for the Jun 2026 quarter. Earnings per share were −$0.03. The operating margin was −4.6%, 10.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is Blend Labs's market cap? Blend Labs, Inc.'s market capitalisation is $274 M at a stock price of $1.16. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Blend Labs performing? Blend Labs, Inc.'s latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Blend Labs's stock price go up? This page does not forecast Blend Labs, Inc.'s stock price. What it shows instead: the stock price is $1.16. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Blend Labs in its business cycle? Blend Labs, Inc.'s FY25 operating margin was −16.9%, against a 5-year range of −119.6% to −16.9%: the middle of its own range, neither a peak nor a low. The latest quarter was −4.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Blend Labs story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Blend Labs a stock worth studying right now? What the numbers show: Blend Labs, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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