Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Blend Labs's Enterprise Value is $361.2 Mil.
Blend Labs's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1.3 Mil. Therefore, Blend Labs's EV-to-EBIT ratio for today is 277.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Blend Labs's Enterprise Value is $361.2 Mil.
Blend Labs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $6.1 Mil. Therefore, Blend Labs's EV-to-EBITDA ratio for today is 59.24.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Blend Labs's Enterprise Value is $361.2 Mil.
Blend Labs's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $127.7 Mil. Therefore, Blend Labs's EV-to-Revenue ratio for today is 2.83.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Blend Labs's Enterprise Value is $361.2 Mil.
Blend Labs's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-9.6 Mil. Therefore, Blend Labs's EV-to-FCF ratio for today is -37.43.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Blend Labs (NYSE:BLND) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Blend Labs's current Enterprise Value is $361.2 Mil.
Blend Labs's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.3 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Blend Labs's current Enterprise Value is $361.2 Mil.
Blend Labs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.1 Mil.
Blend Labs's current Enterprise Value is $361.2 Mil.
Blend Labs's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $127.7 Mil.
Blend Labs's current Enterprise Value is $361.2 Mil.
Blend Labs's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.3 Mil.
Blend Labs's current Enterprise Value is $361.2 Mil.
Blend Labs's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.6 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 Enterprise Value Related Terms
Blend Labs Enterprise Value Historical Data
* Premium members only.
The historical data trend for Blend Labs's Enterprise Value 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.
BLND vs GLOO, SPT, DUOT: Enterprise Value Comparison
For the Software - Application subindustry, Blend Labs's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Software Industry
For the Software industry and Technology sector, Blend Labs's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Blend Labs's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Blend Labs's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (BLND) has a Enterprise Value of $361.2 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Blend Labs and its competitors.
Is Blend Labs' Enterprise Value too high?
Blend Labs' current Enterprise Value is $361.2 Mil. Overall, Blend Labs has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blend Labs' Enterprise Value compare to GLOO and SPT?
Blend Labs' Enterprise Value of $361.2 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Blend Labs and its competitors. Blend Labs's current Enterprise Value is $361.2 Mil. 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 $3.35, compared to a current price of $1.73 — trading 48.4% below its estimated fair value. The current Enterprise Value is $361.2 Mil. Blend Labs' overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Blend Labs (BLND), the current Enterprise Value is $361.2 Mil as of Jun. 28, 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 $1.73 is trading 48.4% below its estimated GF Value™ of $3.35.
GuruFocus considers Blend Labs to be Possible Value Trap.
Key valuation signals for BLND:
Enterprise Value: $361.2 Mil
GF Value™: $3.35 vs. price of $1.73 (48.4% below fair value)
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 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.
53GF Score
Get the complete analysis for BLND
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BLND has been successfully added to your 
