Blend Labs (Blend Labs) Net Margin %

: -88.11% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Blend Labs's Net Income for the three months ended in Dec. 2023 was $-31.8 Mil. Blend Labs's Revenue for the three months ended in Dec. 2023 was $36.1 Mil. Therefore, Blend Labs's net margin for the quarter that ended in Dec. 2023 was -88.11%.

The historical rank and industry rank for Blend Labs's Net Margin % or its related term are showing as below:

BLND' s Net Margin % Range Over the Past 10 Years
Min: -326.79 Med: -118.15 Max: -73.07
Current: -118.15

BLND's Net Margin % is ranked worse than
89.42% of 2759 companies
in the Software industry
Industry Median: 1.72 vs BLND: -118.15

Blend Labs Net Margin % Historical Data

The historical data trend for Blend Labs's Net Margin % 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 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-160.75

-77.70

-73.07

-326.79

-118.15

Blend Labs Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial												-193.32	-180.72	-100.02	-106.46	-88.11

Competitive Comparison

For the Software - Application subindustry, Blend Labs's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Software industry and Technology sector, Blend Labs's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blend Labs's Net Margin % falls into.

Blend Labs Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Blend Labs's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-185.32	/	156.846
	=	-118.15 %

Blend Labs's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-31.812	/	36.104
	=	-88.11 %

Blend Labs (NYSE:BLND) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Blend Labs Net Margin % Related Terms

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Blend Labs (Blend Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Blend Labs Inc (NYSE:BLND) » Definitions » Net Margin %

Comparable Companies

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