Pretax income is the income that a company earns before paying income taxes. Blend Labs's pretax income for the
three
months ended in Dec. 2023 was $-30.5 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-179.8 Mil.
Blend Labs's pretax margin was -84.34%.
During the past 5 years, Blend Labs's highest Pretax Margin was -77.68%. The lowest was -325.70%. And the median was -114.63%.
Blend Labs Pre-Tax Income Historical Data
The historical data trend for Blend Labs's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Blend Labs's Pre-Tax Income
For the Software - Application subindustry, Blend Labs's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blend Labs's Pre-Tax Income Distribution in the Software Industry
For the Software industry and Technology sector, Blend Labs's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Blend Labs's Pre-Tax Income falls into.
Blend Labs Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Blend Labs's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-179.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Blend Labs (NYSE:BLND) Pre-Tax Income Explanation
Blend Labs's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 5 years, Blend Labs's highest Pretax Margin was -77.68%. The lowest was -325.70%. And the median was -114.63%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Blend Labs Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Blend Labs's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.
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