Stock Fundamentals

Company Information

Company Name
Blend Labs Inc
Sector
Technology
Industry
Software - Application
Exchange
NYSE
ISIN: US09352U1088
CIK: 0001855747
CUSIP: 09352U108
Currency: USD
Full Time Employees: 540
Phone: 650 550 4810
Fiscal Year End: December
IPO Date: Jul 16, 2021
Description:

Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners' insurance, and title. It also provides Blend Builder to configure or build custom workflows from a pre-built set of components; verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services; and other trustee services, as well as professional and consulting services. It serves banks, credit unions, fintechs, and other non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.

Address:

7250 Redwood Blvd., Novato, CA, United States, 94945

Directors & Officers

Name Title Year Born
Mr. Nima Ghamsari Co-Founder, Chairman, CEO & Head of Blend 1986
Mr. Srinivasan Venkatramani Head of Product, Technology & Customer Operations NA
Mr. Jason Ream Head of Finance & Administration 1972
Ms. Oxana Tkach Controller & Principal Accounting Officer 1984
Ms. Meg Nunnally Head of Investor Relations NA
Ms. Winnie Ling Head of Legal & People 1986
Ms. Reva Rao Head of Digital Transformation for Credit Unions NA
Mr. Matt Thomson Head of Revenue NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Lightspeed Management Co LLC 23.13M Sep 30, 2025 8.90% $26.22 0.00%
Vanguard Group Inc 17.87M Dec 31, 2025 6.88% $0.00 -0.75%
BlackRock Inc 16.87M Sep 30, 2025 6.49% $0.00 0.59%
Cypress Point Investment Management, LP 11.85M Dec 31, 2025 4.56% $7.75 0.00%
ShawSpring Partners LLC 9.02M Dec 31, 2025 3.47% $5.17 -8.30%
Metavasi Capital LP 6.72M Sep 30, 2025 2.59% $7.41 24.53%
State Street Corp 5.55M Sep 30, 2025 2.14% $0.00 -6.07%
Whitebark Investors 5.07M Dec 31, 2025 1.95% $9.28 -8.93%
Geode Capital Management, LLC 5.07M Sep 30, 2025 1.95% $0.00 7.18%
Emergence GP Partners, LLC 4.24M Sep 30, 2025 1.63% $7.57 0.00%
Divisadero Street Capital Management, LP 4.11M Sep 30, 2025 1.58% $0.66 -25.29%
Mirabella Financial Services LLP 2.64M Sep 30, 2025 1.02% $0.84 64.52%
The Goldman Sachs Group Inc 2.20M Sep 30, 2025 0.85% $0.00 165.33%
Northern Trust Corp 2.04M Sep 30, 2025 0.79% $0.00 3.03%
Royce & Associates, LP 1.98M Dec 31, 2025 0.76% $0.06 18.36%
Prospect Capital Advisors, LLC 1.82M Dec 31, 2025 0.70% $2.85 0.00%
Charles Schwab Investment Management Inc 1.81M Dec 31, 2025 0.70% $0.00 -1.94%
Qube Research & Technologies 1.75M Sep 30, 2025 0.68% $0.01 -27.36%
Susquehanna International Group, LLP 1.51M Sep 30, 2025 0.58% $0.00 388.54%
Tudor Investment Corp Et AL 1.47M Dec 31, 2025 0.57% $0.01 13.35%

Shares Statistics

Shares Outstanding: 256.12M
Shares Float: 221.52M
% Insiders: 928.70%
% Institutions: 7,445.70%
Short % Float: 6.17%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Lightspeed Management Co LLC 23.13M 8.90% ▲ 0.00% Sep 30, 2025
2 Vanguard Group Inc 17.87M 6.88% ▼ 0.75% Dec 31, 2025
3 BlackRock Inc 16.87M 6.49% ▲ 0.59% Sep 30, 2025
4 Cypress Point Investment Management, LP 11.85M 4.56% ▲ 0.00% Dec 31, 2025
5 ShawSpring Partners LLC 9.02M 3.47% ▼ 8.30% Dec 31, 2025
6 Metavasi Capital LP 6.72M 2.59% ▲ 24.53% Sep 30, 2025
7 State Street Corp 5.55M 2.14% ▼ 6.07% Sep 30, 2025
8 Whitebark Investors 5.07M 1.95% ▼ 8.93% Dec 31, 2025
9 Geode Capital Management, LLC 5.07M 1.95% ▲ 7.18% Sep 30, 2025
10 Emergence GP Partners, LLC 4.24M 1.63% ▲ 0.00% Sep 30, 2025

Valuation Metrics

Enterprise Value: $360.73M
Trailing P/E: 0.00
Forward P/E: 29.76

Financial Highlights

Market Cap: $436.37M
EBITDA: $-17.94M
Book Value: $-0.05
Earnings/Share: $-0.09
Profit Margin: -2.49%
Operating Margin: -14.66%
ROA (TTM): -6.24%
ROE (TTM): -0.52%
Revenue (TTM): $167.53M
Revenue/Share (TTM): $0.65
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): -0.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 3.47x -0.05x 1.02x -7.35x -0.10x
2023-12-31 5.38x -7.42x 0.87x -5.07x -1.00x
2022-12-31 11.17x 1.79x 0.62x -30.10x -0.30x
2021-12-31 10.21x 0.28x 0.27x -17.49x -1.19x
2020-12-31 5.31x 0.02x 0.24x -107.56x -0.04x
2019-12-31 6.67x 0.04x 0.16x -288.77x -0.08x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jan 15, 2026 Brian Kneafsey N/A Sale 25.00K $3.06 $76.50K
Jan 07, 2026 Oxana Tkach N/A Sale 2.50K $3.09 $7.73K
Oct 15, 2025 Brian Kneafsey N/A Sale 25.00K $3.34 $83.50K
Aug 15, 2025 Brian Kneafsey N/A Sale 25.00K $2.87 $71.75K
Aug 14, 2025 Nima Ghamsari N/A Sale 311.89K $2.90 $904.47K
Jul 15, 2025 Brian Kneafsey N/A Sale 25.00K $3.63 $90.75K
Jul 14, 2025 Brian Kneafsey N/A Sale 20.00K $3.42 $68.40K
Jul 07, 2025 Brian Kneafsey N/A Sale 20.00K $3.46 $69.20K
Jun 30, 2025 Brian Kneafsey N/A Sale 20.00K $3.31 $66.20K
Jun 23, 2025 Brian Kneafsey N/A Sale 20.00K $3.17 $63.40K
Jun 13, 2025 Nima Ghamsari N/A Sale 75.72K $3.30 $249.88K
Jun 12, 2025 Nima Ghamsari N/A Sale 44.13K $3.52 $155.34K

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