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Blend Labs (BLND) Revenue & Revenue Breakdown

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Blend Labs Revenue Highlights

Latest Revenue (Y)

$162.02M

Latest Revenue (Q)

$26.77M

Main Segment (Y)

Software Platform

Blend Labs Revenue by Period

Blend Labs Revenue by Year

DateRevenueChange
2024-12-31$162.02M3.30%
2023-12-31$156.85M-33.31%
2022-12-31$235.20M0.30%
2021-12-31$234.50M144.19%
2020-12-31$96.03M89.51%
2019-12-31$50.67M-

Blend Labs generated $162.02M in revenue during NA 2024, up 3.30% compared to the previous quarter, and up 319.75% compared to the same period a year ago.

Blend Labs Revenue by Quarter

DateRevenueChange
2025-03-31$26.77M-35.35%
2024-12-31$41.41M-8.36%
2024-09-30$45.18M11.62%
2024-06-30$40.48M15.83%
2024-03-31$34.95M-3.20%
2023-12-31$36.10M-11.05%
2023-09-30$40.59M-5.19%
2023-06-30$42.81M14.67%
2023-03-31$37.34M-12.74%
2022-12-31$42.78M-22.71%
2022-09-30$55.35M-15.54%
2022-06-30$65.54M-8.37%
2022-03-31$71.52M-11.69%
2021-12-31$80.99M-9.58%
2021-09-30$89.57M179.36%
2021-06-30$32.06M0.59%
2021-03-31$31.88M4.07%
2020-12-31$30.63M9.87%
2020-09-30$27.88M27.18%
2020-06-30$21.92M40.49%
2020-03-31$15.60M-

Blend Labs generated $26.77M in revenue during Q1 2025, up -35.35% compared to the previous quarter, and up 74.15% compared to the same period a year ago.

Blend Labs Revenue Breakdown

Blend Labs Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Professional Services$8.85M$8.35M$4.40M$4.18M
Title Services$46.26M---
Software Platform$106.91M$101.20M--
Mortgage Banking--$83.39M$108.26M
Emerging Business And Service---$23.12M

Blend Labs's latest annual revenue breakdown by segment (product or service), as of Dec 24: Software Platform (65.99%), Title Services (28.55%), and Professional Services (5.46%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Software$29.39M$24.26M$31.07M$21.74M$26.50M$28.11M----------
Professional Services$2.13M$2.51M$4.71M$2.04M$2.10M$2.26M$2.14M$2.22M$1.73M$1.18M$865.00K$1.20M$1.12M$1.09M$1.19M$1.10M
Technology Service--------$22.97M$30.96M------
Mortgage Banking---------$15.09M$19.92M$23.89M$24.48M$29.13M$27.32M-
Emerging Business And Service----------$15.27M$8.51M$7.19M$6.32M$6.57M-

Blend Labs's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Software (93.24%), and Professional Services (6.76%).

Blend Labs Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EVCMEverCommerce$698.76M$148.01M
AMPLAmplitude$299.27M$83.27M
RSKDRiskified$297.61M$76.41M
VTEXVtex$201.52M$52.65M
BLNDBlend Labs$162.02M$26.77M
LAWCS Disco$144.84M$38.11M
EXFYExpensify$139.24M$36.07M
FRGEForge Global$79.33M$27.74M

BLND Revenue FAQ

What is Blend Labs’s yearly revenue?

Blend Labs's yearly revenue for 2024 was $162.02M, representing an increase of 3.30% compared to 2023. The company's yearly revenue for 2023 was $156.85M, representing a decrease of -33.31% compared to 2022. BLND's yearly revenue for 2022 was $235.2M, representing an increase of 0.30% compared to 2021.

What is Blend Labs’s quarterly revenue?

Blend Labs's quarterly revenue for Q1 2025 was $26.77M, a -35.35% decrease from the previous quarter (Q4 2024), and a -23.40% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $41.41M, a -8.36% decrease from the previous quarter (Q3 2024), and a 14.69% increase year-over-year (Q4 2023). BLND's quarterly revenue for Q3 2024 was $45.18M, a 11.62% increase from the previous quarter (Q2 2024), and a 11.32% increase year-over-year (Q3 2023).

What is Blend Labs’s revenue growth rate?

Blend Labs's revenue growth rate for the last 3 years (2022-2024) was -31.11%, and for the last 5 years (2020-2024) was 68.72%.

What are Blend Labs’s revenue streams?

Blend Labs's revenue streams in c 24 are Professional Services, Title Services, and Software Platform. Professional Services generated $8.85M in revenue, accounting 5.46% of the company's total revenue, up 6.03% year-over-year. Title Services generated $46.26M in revenue, accounting 28.55% of the company's total revenue Software Platform generated $106.91M in revenue, accounting 65.99% of the company's total revenue, up 5.64% year-over-year.

What is Blend Labs’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Blend Labs was Software Platform. This segment made a revenue of $106.91M, representing 65.99% of the company's total revenue.