Blend Labs (BLND) Revenue & Revenue Breakdown


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Blend Labs Revenue Highlights


Latest Revenue (Y)

$162.02M

Latest Revenue (Q)

$41.41M

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
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 $41.41M in revenue during Q4 2024, up -8.36% compared to the previous quarter, and up 102.01% 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
Software Platform$106.91M$101.20M--
Title Services$46.26M---
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/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Software$24.26M$31.07M$21.74M$26.50M$28.11M----------
Professional Services$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 Mar 25: Software (90.62%), and Professional Services (9.38%).

Blend Labs Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
QHQuhuo$3.70B-
FRSHFreshworks$720.42M$196.27M
BRZEBraze$593.41M$160.40M
PDPagerDuty$467.50M$121.45M
CWANClearwater Analytics$451.80M$126.86M
SEMRSemrush$376.81M$102.64M
WALDWaldencast$218.14M$68.30M
ENFNEnfusion$201.61M$51.17M
VTEXVTEX$201.52M$52.65M
BLNDBlend Labs$162.02M$41.41M
ONTFON24$148.08M$36.68M
LAWCS Disco$144.84M$37.00M
EXFYExpensify$139.24M$37.00M
HKITHitek Global$4.56M$1.62M
TROOTROOPS$3.57M$867.50K

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 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). The company'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). BLND's quarterly revenue for Q2 2024 was $40.48M, a 15.83% increase from the previous quarter (Q1 2024), and a -5.45% decrease year-over-year (Q2 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, Software Platform, and Title Services. Professional Services generated $8.85M in revenue, accounting 5.46% of the company's total revenue, up 6.03% year-over-year. Software Platform generated $106.91M in revenue, accounting 65.99% of the company's total revenue, up 5.64% year-over-year. Title Services generated $46.26M in revenue, accounting 28.55% of the company's total revenue

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.