Blend Labs Inc
NYSE:BLND

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Blend Labs Inc
NYSE:BLND
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Price: 4.4 USD -0.68% Market Closed
Market Cap: 1.1B USD
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Blend Labs Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Blend Labs Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Blend Labs Inc
NYSE:BLND
Operating Income
-$131.3m
CAGR 3-Years
-20%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Operating Income
$7.3B
CAGR 3-Years
100%
CAGR 5-Years
63%
CAGR 10-Years
N/A
Palantir Technologies Inc
NYSE:PLTR
Operating Income
$120m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Operating Income
$648.2m
CAGR 3-Years
215%
CAGR 5-Years
23%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Operating Income
$3.8B
CAGR 3-Years
15%
CAGR 5-Years
15%
CAGR 10-Years
12%
Adobe Inc
NASDAQ:ADBE
Operating Income
$7.7B
CAGR 3-Years
10%
CAGR 5-Years
18%
CAGR 10-Years
33%
No Stocks Found

Blend Labs Inc
Glance View

Market Cap
1.1B USD
Industry
Technology

In the bustling landscape of fintech innovation, Blend Labs Inc. has carved a niche as a transformative force reshaping the mortgage and consumer lending experience. Founded by Nima Ghamsari and Eugene Marinelli, the company's genesis stemmed from a vision to dramatically streamline the traditionally cumbersome mortgage process. Blend operates as a digital platform that integrates seamlessly with financial institutions, offering a cloud-based solution that enhances speed, efficiency, and transparency. By empowering banks and credit unions to offer a more intuitive and user-friendly interface, Blend reduces the friction associated with loan applications and underwriting. It is this technological alchemy that helps lenders provide quicker decision-making and improved customer satisfaction. The financial engine driving Blend's prosperity stems from its SaaS (Software as a Service) business model, wherein revenue is primarily generated through licensing its technology to lenders. Banks and financial institutions pay Blend for access to its platform, usually on a per-transaction or subscription basis. This revenue model not only aligns with the company's growth strategy but also embeds Blend deeply into its clients' operations, creating a recurring and scalable income stream. By continually refining its offerings and expanding into adjacent financial services like consumer banking and auto loans, Blend sustains its edge in the competitive fintech ecosystem. Through strategic partnerships and an unwavering focus on innovation, Blend Labs positions itself as an essential component in the evolving digital finance landscape.

BLND Intrinsic Value
2 USD
Overvaluation 55%
Intrinsic Value
Price

See Also

What is Blend Labs Inc's Operating Income?
Operating Income
-131.3m USD

Based on the financial report for Dec 31, 2023, Blend Labs Inc's Operating Income amounts to -131.3m USD.

What is Blend Labs Inc's Operating Income growth rate?
Operating Income CAGR 3Y
-20%

Over the last year, the Operating Income growth was 53%. The average annual Operating Income growth rates for Blend Labs Inc have been -20% over the past three years .

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