Blend Labs, Inc.

NYSE BLND

Blend Labs, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2024: USD -7.34 M

Blend Labs, Inc. Capital Expenditure is USD -7.34 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -662.72% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

Blend Labs, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -963.00 K, a 60.06% change year over year.
Blend Labs, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -2.41 M, a -45.94% change year over year.
Blend Labs, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -1.65 M.

Key data

Date	Capital Expenditure	Free Cash Flow	Depreciation And Amortization	Deferred Income Tax

NYSE: BLND

Blend Labs, Inc.

CEO	Mr. Nima Ghamsari
IPO Date	July 16, 2021
Location	United States
Headquarters	415 Kearny Street
Employees	881
Sector	Technology
Industries Software-as-a-Service (SaaS)

Description

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.

Key trends

Past 5 years