Blend Labs BLND
Fintech Vertical SaaS Enterprise Software Financial Services B2B SaaS

Blend Labs trades at 2.3x EV/NTM revenue on a $314.6M enterprise value. Revenue grew 7.3% year over year to $33.8M in the quarter ending June 2026, an annual run rate of $135.0M. Blend Labs reports a 73.5% gross margin.

ARR ($M)
135
Net Dollar Retention
--
ARR Growth
7.1%
EV / NTM Revenue
2.3x
Payback Period
EV / Run Rate
2.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 1.52
Last Filing Date: 2026-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2012
IPO Year: 2021
% of 52 wk High: 35%
Description
Blend makes “white-label” software that allows banks and other financial firms to offer consumers mortgages, car loans, credit cards, savings accounts and other products with easy sign-ups and online, mobile-friendly servicing.
Reporting Notes
Publishes full-time employee count in 10-Ks under Human Capital. NDR and customer count are both published in Earnings Call under Presentation and Key Business Metrics respectively.
Categories
Fintech Vertical SaaS Enterprise Software Financial Services B2B SaaS
Valuation
Market Cap: 359.5
Enterprise Value: 314.633
EV / Revenue Run Rate: 2.3x
EV / NTM Revenue: 2.3x
EV / 2026 Revenue Estimates: 2.5x
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 135
ARR Growth %: 7%
ARR/Customer ($K): --
ARR/Employee ($K): 322
Revenue
Revenue Run Rate: 135
ARR: 135
2026 Revenue Estimates: 128
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 138
Last Year Run Rate: 126
Growth
Revenue Growth: 7%
ARR Growth: 7%
Growth Persistence: --
2026 Revenue Growth Estimates: 4%
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Blend Labs growing?

Blend Labs grew revenue 7.3% year over year, reaching $33.8M in the quarter ending June 2026.

What multiple does Blend Labs trade at?

Blend Labs trades at 2.3x EV/NTM revenue and 2.3x EV/run-rate, on an enterprise value of $314.6M.

Is Blend Labs profitable?

For Blend Labs, operating income was -$1.6M last quarter and LTM free cash flow margin is 5.8%.

What sector is Blend Labs in?

Public Comps classifies Blend Labs under Fintech, Vertical SaaS, Enterprise Software, Financial Services, and B2B SaaS.

Where does Public Comps get Blend Labs's data?

Figures come from Blend Labs's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.