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Blend Labs (Blend Labs) COGS-to-Revenue : 0.45 (As of Dec. 2023)


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What is Blend Labs COGS-to-Revenue?

Blend Labs's Cost of Goods Sold for the three months ended in Dec. 2023 was $16.4 Mil. Its Revenue for the three months ended in Dec. 2023 was $36.1 Mil.

Blend Labs's COGS to Revenue for the three months ended in Dec. 2023 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Blend Labs's Gross Margin % for the three months ended in Dec. 2023 was 54.64%.

Blend Labs COGS-to-Revenue Historical Data

The historical data trend for Blend Labs's COGS-to-Revenue 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.

* Premium members only.

Blend Labs COGS-to-Revenue Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.39 0.36 0.51 0.62 0.48

Blend Labs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.58 0.45 0.46 0.45

Blend Labs COGS-to-Revenue Calculation

Blend Labs's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=75.711 / 156.846
=0.48

Blend Labs's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=16.378 / 36.104
=0.45

* 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) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Blend Labs's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 16.378 / 36.104
=54.64 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Blend Labs COGS-to-Revenue Related Terms

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Blend Labs (Blend Labs) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
415 Kearny Street, San Francisco, CA, USA, 94108
Website
https://www.blend.com
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.
Executives
Amir Jafari officer: Head of Finance and Admin. 415 KEARNY STREET, SAN FRANCISCO CA 94108
Nima Ghamsari director, officer: Chief Executive Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Oxana Tkach officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Winnie Ling officer: Head of Legal 415 KEARNY STREET, SAN FRANCISCO CA 94108
Dean Klinger officer: Head of Go-To-Market 415 KEARNY STREET, SAN FRANCISCO CA 94108
Crystal Sumner officer: Head of Legal, Compliance,Risk 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin N Lantz director 2343 42ND AVE EAST, SEATTLE WA 98112
Marc S. Greenberg officer: Head of Finance 415 KEARNY STREET, SAN FRANCISCO CA 94108
Manish K. Gupta officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Timothy J Mayopoulos director, officer: President C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jonathan Y. Chan officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Ciara Burnham director 3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Ossa Investments Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Gerald C. Chen director 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin James Collard director 415 KEARNY STREET, SAN FRANCISCO CA 94108