Information Technology [ 5/12 ] | Software [ 24/74 ]
NYSE | Common Stock
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.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Feb 28, 25 | -0.03 Increased by +71.89% | 0.01 Decreased by -424.36% |
| Nov 7, 24 | 0.01 Increased by +106.67% | -0.02 Increased by +127.52% |
| Aug 8, 24 | -0.02 Increased by +77.78% | -0.04 Increased by +50.00% |
| May 8, 24 | -0.06 Increased by +60.00% | -0.07 Increased by +14.29% |
| Mar 14, 24 | -0.09 Increased by +57.14% | -0.09 |
| Nov 7, 23 | -0.09 Increased by +52.63% | -0.09 |
| Aug 9, 23 | -0.09 Increased by +52.63% | -0.13 Increased by +30.77% |
| May 9, 23 | -0.15 Increased by +21.05% | -0.18 Increased by +16.67% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Dec 31, 24 | 41.41 M Increased by +14.69% | -2.34 M Increased by +92.66% | Decreased by -5.64% Increased by +93.60% |
| Sep 30, 24 | 45.18 M Increased by +11.32% | -4.21 M Increased by +90.27% | Decreased by -9.31% Increased by +91.26% |
| Jun 30, 24 | 40.48 M Decreased by -5.45% | -23.59 M Increased by +44.90% | Decreased by -58.29% Increased by +41.72% |
| Mar 31, 24 | 34.95 M Decreased by -6.40% | -22.13 M Increased by +66.57% | Decreased by -63.32% Increased by +64.28% |
| Dec 31, 23 | 36.10 M Decreased by -15.62% | -31.81 M Increased by +60.94% | Decreased by -88.11% Increased by +53.71% |
| Sep 30, 23 | 40.59 M Decreased by -26.67% | -43.21 M Increased by +67.75% | Decreased by -106.46% Increased by +56.02% |
| Jun 30, 23 | 42.81 M Decreased by -34.67% | -42.82 M Increased by +91.03% | Decreased by -100.02% Increased by +86.26% |
| Mar 31, 23 | 37.34 M Decreased by -47.80% | -66.19 M Increased by +8.59% | Decreased by -177.29% Decreased by -75.10% |