Blend Labs, Inc. (BLND) is a Technology stock trading at $1.46 (as of 2026-08-20), with a market capitalization of $345.31M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
Blend Labs provides a cloud software platform for financial services firms, offering white-label digital products across mortgages and related services, vehicle and personal loans, credit cards, and deposit accounts, and it earns revenue by selling and delivering these Blend Platform and Title365 platform solutions.
Because Blend measures both high contract durability (Gross Revenue Retention 97%, Market-Adjusted Net Revenue Retention Rate 190%) and future revenue visibility (Remaining Performance Obligations 0.19 USD_B), its profit model depends on keeping and expanding existing bank platform customers so contracted revenue rolls forward and is recognized over time.
| Blend Platform | $0.0B |
| Title365 | $0.0B |
Business quality (Weak): The data points to a platform business with strong retention and high gross margin, but operating results are currently loss-making (operating margin -16.4%), so investors should focus on how retention and Remaining Performance Obligations translate into operating cost efficiency.
| Price | $1.46 |
| Market Cap | $345.31M |
| Price / Sales | 2.72 |
| FCF Yield | 7.5% |
| Revenue (TTM) | $123.58M |
| Net Margin | -5.5% |
| Revenue Growth (YoY) | -23.7% |
| EPS Growth (YoY) | -58.3% |
| FCF Growth (YoY) | -99.6% |
| Altman Z-Score | -9.62 (distress) |
| Piotroski F-Score | 4/9 (moderate) |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Business Services) | 30.0 |
| Top Institutional Holder | VANGUARD GROUP INC ($54.32M) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Business Services |
| CEO | Nima Ghamsari |
| Employees | 540 |
| Country | US |
| IPO Date | 2021-07-16 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.