BLND — Blend Labs Income Statement

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Annual income statement for Blend Labs, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	R2023 December 31st	R2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	234	235	110	116	124
Cost of Revenue
Gross Profit	116	89.7	76.5	83.2	91.2
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	432	981	253	161	145
Operating Profit	-197	-746	-144	-45.1	-21.7
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-208	-766	-167	-42.7	-0.878
Provision for Income Taxes
Net Income After Taxes	-169	-764	-167	-42.8	-1.13
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	-170	-769	-185	-49.6	-8.05
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-171	-769	-185	-60.5	-25.9
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.755	-1.99	-0.63	-0.206	-0.071