BLND (Blend Labs) EV-to-EBITDA: 32.14 (As of Aug. 13, 2026)

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BLND Blend Labs Inc BLND
49 GF Score
Price $1.40
GF Value $3.47
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Blend Labs EV-to-EBITDA?

Blend Labs BLND -2.78% 49 EV-to-EBITDA is 32.14 as of Aug. 13, 2026. GuruFocus rates BLND with a GF Score™ of 49/100 and a GF Value™ of $3.47 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,958 Software companies, Blend Labs ranks worse than 80.8% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Blend Labs's enterprise value is $288.3 Mil. Blend Labs's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $9.0 Mil. Therefore, Blend Labs's EV-to-EBITDA for today is 32.14.

The historical rank and industry rank for Blend Labs's EV-to-EBITDA or its related term are showing as below:

BLND' s EV-to-EBITDA Range Over the Past 10 Years
Min: -83.59   Med: -3.43   Max: 907.31
Current: 32.14

During the past 7 years, the highest EV-to-EBITDA of Blend Labs was 907.31. The lowest was -83.59. And the median was -3.43.

BLND's EV-to-EBITDA is ranked worse than
80.8% of 1958 companies
in the Software industry
Industry Median: 10.54 vs BLND: 32.14

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-13), Blend Labs's stock price is $1.40. Blend Labs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.090. Therefore, Blend Labs's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Blend Labs  (NYSE:BLND) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Blend Labs's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.40/-0.090
=At Loss

Blend Labs's share price for today is $1.40.
Blend Labs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.090.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Blend Labs EV-to-EBITDA Related Terms


Blend Labs EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Blend Labs's EV-to-EBITDA 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.

Blend Labs EV-to-EBITDA Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -7.72 -0.37 -5.26 -32.23 241.93

Blend Labs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only -62.75 899.82 241.93 73.96 40.96

BLND vs RMNI, MFI, CRNC: EV-to-EBITDA Comparison

For the Software - Application subindustry, Blend Labs's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Blend Labs's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Blend Labs's EV-to-EBITDA falls into.


BLND
49GF Score
Blend Labs Inc BLND
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Blend Labs EV-to-EBITDA Calculation

Blend Labs's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=288.293/8.97
=32.14

Blend Labs's current Enterprise Value is $288.3 Mil.
Blend Labs's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.0 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 32.14 mean?
Blend Labs (BLND) has a EV-to-EBITDA of 32.14 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Blend Labs. According to the industry distribution chart, Blend Labs ranks #1582 out of 1958 companies in the Software industry, placing it in the top 80.8%.
Is Blend Labs' EV-to-EBITDA too high?
Blend Labs' current EV-to-EBITDA is 32.14. The Software industry median EV-to-EBITDA is 10.54. Blend Labs' value of 32.14 is 204.9% above this industry median. Based on the distribution chart, Blend Labs ranks #1582 out of 1958 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Blend Labs has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blend Labs' EV-to-EBITDA compare to RMNI and MFI?
According to the Software industry distribution chart, Blend Labs ranks #1582 out of 1958 companies for EV-to-EBITDA. This places Blend Labs in the lower half of its industry. The industry median EV-to-EBITDA is 10.54. Blend Labs' value of 32.14 is 204.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.54, based on 1,958 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blend Labs's current EV-to-EBITDA of 32.14 is 204.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Blend Labs. For the Software industry, the median EV-to-EBITDA is 10.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blend Labs's current EV-to-EBITDA is 32.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blend Labs stock overvalued right now?
Based on GuruFocus' analysis, Blend Labs (BLND) is currently considered Possible Value Trap. The stock's GF Value™ is $3.47, compared to a current price of $1.40 — trading 59.7% below its estimated fair value. The current EV-to-EBITDA is 32.14 and 204.9% above the Software industry median of 10.54. Blend Labs' overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Blend Labs (BLND), the current EV-to-EBITDA is 32.14 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blend Labs (BLND) Overvalued in 2026?

Based on GuruFocus' analysis, Blend Labs stock appears to be undervalued. The current stock price of $1.40 is trading 59.7% below its estimated GF Value™ of $3.47. GuruFocus considers Blend Labs to be Possible Value Trap.

Key valuation signals for BLND:

  • EV-to-EBITDA: 32.14
  • GF Value™: $3.47 vs. price of $1.40 (59.7% below fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 204.9% above the Software median (#1582 of 1958)

No single metric tells the full story. See the BLND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blend Labs Business Description

Address 7250 Redwood boulevard, Suite 300, Novato, CA, USA, 94945
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 segment is Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. The key revenue for the company is generated from the Blend Platform segment. Company has it's assets in united states, India and Mexico regions.
49GF Score

Get the complete analysis for BLND

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.40
Price
$3.47
GF Value