BLND - Blend Labs, Inc.

📈 Is growth accelerating? 6 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	15.2% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+27%)	7.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-36%)	-27.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-327%)	-22.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-284%)	-23.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-295%)	N/M	11.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-6%)	-5.5% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-145%)	-6.4% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-153%)	N/M	-26.7% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-322%)	-34.7% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-389%)	-47.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-498%)	-47.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-493%)	-38.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-418%)	104.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+770%)	124.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+937%)	164.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1270%)	221.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1744%)	46.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+286%)	—	—	—	—	—	—
EPS Growth YoY (%)	—	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	76.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	83.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	50.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	67.9% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	60.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	68.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	91.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	12.5% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-6.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	50.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	—	46.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	16.2% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	100.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	12.8% Fair ↑ Fair Improving Year-over-year change in net income	-319.2% Weak ↓ Weak Declining Year-over-year change in net income	55.3% Excellent ↓ Excellent Declining Year-over-year change in net income	55.3% Excellent ↓ Excellent Declining Year-over-year change in net income	55.3% Excellent ↓ Excellent Declining Year-over-year change in net income	97.3% Excellent ↑ Excellent Improving Year-over-year change in net income	68.4% Excellent → Excellent Stable Year-over-year change in net income	68.4% Excellent ↑ Excellent Improving Year-over-year change in net income	68.4% Excellent ↑ Excellent Improving Year-over-year change in net income	62.4% Excellent ↑ Excellent Improving Year-over-year change in net income	9.3% Fair ↑ Fair Improving Year-over-year change in net income	9.3% Fair ↑ Fair Improving Year-over-year change in net income	9.3% Fair ↑ Fair Improving Year-over-year change in net income	-12.4% Weak ↑ Weak Improving Year-over-year change in net income	6.3% Fair ↑ Fair Improving Year-over-year change in net income	-166.4% Weak ↑ Weak Improving Year-over-year change in net income	-166.4% Weak ↑ Weak Improving Year-over-year change in net income	-348.5% Weak ↓ Weak Declining Year-over-year change in net income	-405.8% Weak Weak Year-over-year change in net income	-18.4% Weak Weak Year-over-year change in net income	—	—	—	—	—	—
FCF Growth YoY (%)	-63.5% Weak Weak Year-over-year change in free cash flow	—	—	—	N/M	—	—	—	92.0% Excellent Excellent Year-over-year change in free cash flow	—	—	—	3.5% Caution Caution Year-over-year change in free cash flow	—	—	—	56.4% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-6.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-8.8% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-16.0% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-21.6% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-27.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-28.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-20.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	8.1% Fair → Fair Stable Compound annual revenue growth over 3 years	3.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	—	13.3% Good Good Compound annual revenue growth over 3 years	25.0% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	-0.7% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	1.2% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.3% Caution Caution Compound annual revenue growth over 5 years	7.5% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-16.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-182%)	-13.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-169%)	-14.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-175%)	-14.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-173%)	-28.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-244%)	-10.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-154%)	-29.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-247%)	-33.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-265%)	-60.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-403%)	82.7% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+313%)	-89.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-546%)	-85.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-529%)	-164.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-923%)	-175.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-978%)	-234.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1273%)	—	-97.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-588%)	-73.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-470%)	-78.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-494%)	-123.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-718%)	-85.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-527%)	-52.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-362%)	-55.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-375%)	-94.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-575%)	—	—
Effective Tax Rate (%) (%)	-1.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-9.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	114.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-26.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-274%)	-10.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-171%)	-28.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-287%)	-29.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-295%)	-34.5% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-330%)	-2.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	-45.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-405%)	-51.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-440%)	-59.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-494%)	—	-161.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1174%)	-152.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1119%)	-175.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1268%)	-188.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1355%)	-130.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-968%)	-110.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-833%)	-100.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-772%)	-88.5% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-690%)	-85.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-673%)	-84.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-663%)	-84.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-666%)	-52.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-448%)	-54.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-464%)	-104.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-795%)	—	—
FCF Margin (%) (%)	23.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-10.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-19.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	76.2% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	-15.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-11.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	184.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-125.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-110.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-64.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-53.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	—	-102.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-64.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-35.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-52.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—
FCF / Net Income (x)	-0.91x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.28x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.38x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.66x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-2.21x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	5.56x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—	—	0.19x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.68x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	0.71x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.59x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	0.64x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	—	1.22x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.76x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.95x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	9.2% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	35.2% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	39.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	20.7% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	45.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	5.8% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	27.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	29.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-20.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	47.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-16.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-14.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-21.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-61.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-60.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-219.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-31.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.4% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-33.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	-9.8% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—
Return on Capital (%) (%)	-3.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-2.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-2.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.5% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	—	-11.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-15.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	—	-26.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-78.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	-6.0% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—	—
Return on Common Equity (%) (%)	14.4% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-22%)	25.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+39%)	73.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+300%)	40.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+121%)	54.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+195%)	1.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-92%)	41.7% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+125%)	45.5% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+146%)	57.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+212%)	157.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+751%)	—	-158.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-957%)	-91.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-596%)	-65.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-454%)	—	—	—	-9.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-150%)	—	—	—	-9.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-153%)	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Debt to Equity (x)	—	0.00x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	-3.88x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-963%)	—	34.81x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+7635%)	5.29x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1075%)	3.05x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+577%)	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest Coverage (x)	—	—	—	—	—	—	—	-8.09x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-4.15x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.46x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-4.41x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-4.62x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-8.12x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-11.57x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-21.09x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-82.33x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-12.55x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-10.57x Weak Weak Operating income divided by interest expense Optimal: > 5x	-12.56x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—
Net Debt (USD)	$-37.43M	$-55.02M	$-55.02M	$-36.50M	$-56.24M	$-38.01M	$-55.04M	$-45.45M	$54.33M	$-23.50M	$134.45M	$183.26M	$171.31M	$-124.20M	$101.58M	$82.55M	$46.86M	$-213.08M	$-62.90M	$-369.73M	$-352.31M	$-41.09M	$-94.00M	$-7.25M	$-22.65M	—
Debt / EBITDA (x)	—	0.00x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-6.74x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	-6.15x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-6.04x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.58x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	-1.67x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.46x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.29x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	-3.05x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$0.12	—	$0.13	$0.12	$0.10	—	$0.18	$0.16	$0.14	—	$0.16	$0.18	$0.15	—	$0.24	$0.28	$0.31	—	$1.36	$0.62	$0.71	—	$2.12	$1.70	—	—
Basic EPS, GAAP (USD)	$-0.05	$-0.03	$0.03	—	—	$-0.03	$-0.03	$-0.09	$-0.09	$-0.13	$-0.18	$-0.18	$-0.28	$-0.33	$-0.57	$-2.06	$-0.32	$-0.31	$-1.15	$0.00	$-0.60	$-0.37	$-1.15	$-1.61	—	—
Free Cash Flow per Share (USD)	$0.03	—	$-0.01	$-0.02	$0.08	—	—	—	$-0.02	—	—	—	$-0.19	—	—	—	$-0.20	—	—	$-0.63	$-0.46	—	$-1.11	—	—	—
Book Value per Share (USD)	$-0.23	$-0.05	$-0.05	$-0.09	$-0.07	$-0.22	$-0.19	$-0.18	$-0.14	—	$0.03	$0.17	$0.29	—	—	—	—	—	—	—	—	—	—	—	—	—
Tangible Book Value per Share (USD)	$-0.23	$-0.05	$-0.05	$-0.09	$-0.07	$-0.22	$-0.20	$-0.19	$-0.15	—	$0.02	$0.16	$0.28	—	—	—	—	—	—	—	—	—	—	—	—	—
Basic Weighted Avg Shares (shares)	255.63M	—	259.63M	259.21M	258.83M	—	254.91M	253.07M	250.93M	—	246.41M	244.26M	241.44M	—	235.27M	232.50M	230.33M	—	66.06M	51.96M	45.09M	—	13.12M	12.92M	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$41.65M	$70.05M	$70.32M	$74.09M	$81.85M	$96.22M	$101.16M	$101.00M	$116.97M	—	$246.38M	$274.49M	$310.24M	—	$409.67M	$455.29M	$506.79M	—	$598.09M	—	—	—	—	—	—	—
LT Debt (USD)	—	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$138.85M	—	$219.00M	$218.24M	$217.51M	—	$215.96M	$215.23M	$214.53M	—	$213.16M	—	—	—	—	—	—	—
Total Equity (USD)	$-55.91M	$-13.41M	$-12.48M	$-22.57M	$-16.89M	$-56.36M	$-49.60M	$-45.47M	$-35.76M	$-19.24M	$6.29M	$41.27M	$71.35M	$123.17M	—	—	—	$774.64M	—	—	—	$163.34M	—	—	$134.97M	$71.29M

📋 What is driving earnings? 4 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Mar 31, 2025 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q2 FY2020 Jun 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗	Q4 FY2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$30.84M	$32.43M	$32.86M	$31.52M	$26.77M	$30.12M	$45.18M	$40.48M	$34.95M	$-11.19M	$40.59M	$42.81M	$37.34M	$42.78M	$55.35M	$65.54M	$71.52M	$80.99M	$89.57M	$32.06M	$31.88M	$30.63M	$27.88M	$21.92M	—	—
Depreciation Expense (USD)	$1.34M	$1.20M	$1.04M	$640.00K	$407.00K	$273.00K	$500.00K	$500.00K	$564.00K	$-341.00K	$600.00K	$600.00K	$630.00K	$613.00K	$600.00K	$600.00K	$4.60M	$3.84M	$700.00K	$831.00K	$823.00K	$810.00K	$753.00K	$200.00K	—	—
Net Income, GAAP (USD)	$-8.05M	$-3.46M	$-9.23M	$-9.23M	$-9.23M	$-825.00K	$-20.67M	$-20.67M	$-20.67M	$-30.29M	$-65.42M	$-65.42M	$-65.42M	$-80.57M	$-72.10M	$-72.10M	$-72.10M	$-71.69M	$-76.92M	$-27.07M	$-27.07M	$-15.98M	$-15.21M	$-22.85M	—	—
Operating Cash Flow (USD)	$7.35M	$980.00K	$-3.49M	$-6.09M	$20.39M	$-4.59M	—	—	$-3.87M	$-20.69M	—	—	$-46.65M	$-47.33M	—	—	$-45.84M	$-43.12M	—	$-32.71M	$-20.39M	$-10.96M	$-14.31M	—	—	—

Blend Labs, Inc.

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