Blend Labs Inc (BLND) - Net Assets
Based on the latest financial reports, Blend Labs Inc (BLND) has net assets worth $142.31 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($189.57 Million) and total liabilities ($47.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Blend Labs Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $142.31 Million |
| % of Total Assets | 75.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.44% |
| 10-Year Change | N/A |
| Growth Volatility | 189.8 |
Blend Labs Inc - Net Assets Trend (2019–2024)
This chart illustrates how Blend Labs Inc's net assets have evolved over time, based on quarterly financial data. Also explore BLND total assets for the complete picture of this company's asset base.
Annual Net Assets for Blend Labs Inc (2019–2024)
The table below shows the annual net assets of Blend Labs Inc from 2019 to 2024. For live valuation and market cap data, see BLND market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.98 Million | -114.77% |
| 2023-12-31 | $26.95 Million | -83.56% |
| 2022-12-31 | $163.92 Million | -79.78% |
| 2021-12-31 | $810.59 Million | +396.27% |
| 2020-12-31 | $163.34 Million | +21.02% |
| 2019-12-31 | $134.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blend Labs Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 118674000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Comprehensive Income | $602.00K | % |
| Other Components | $1.33 Billion | % |
| Total Equity | $-56.36 Million | 100.00% |
Blend Labs Inc Competitors by Market Cap
The table below lists competitors of Blend Labs Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Investment Group Co Ltd
SHE:000548
|
$389.36 Million |
|
Gravity Co. Ltd
F:GD8A
|
$389.69 Million |
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
$389.85 Million |
|
Altek Corp
TW:3059
|
$389.97 Million |
|
HeidelbergCement India Limited
NSE:HEIDELBERG
|
$389.25 Million |
|
Shanghai Haishun New Pharmaceutical Packaging Co Ltd
SHE:300501
|
$389.13 Million |
|
Contango ORE Inc
NYSE MKT:CTGO
|
$389.08 Million |
|
ITAFOS INC. ON
F:82E
|
$389.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blend Labs Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -19,243,000 to -56,356,000, a change of -37,113,000.
- Net loss of 49,604,000 reduced equity.
- New share issuances of 149,375,000 increased equity.
- Other comprehensive income increased equity by 161,000.
- Other factors decreased equity by 137,045,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-49.60 Million | -88.02% |
| Share Issuances | $149.38 Million | +265.06% |
| Other Comprehensive Income | $161.00K | +0.29% |
| Other Changes | $-137.04 Million | -243.18% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Blend Labs Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.61 | $1.52 | x |
| 2020-12-31 | $0.74 | $1.52 | x |
| 2021-12-31 | $3.36 | $1.52 | x |
| 2022-12-31 | $0.53 | $1.52 | x |
| 2023-12-31 | $-0.08 | $1.52 | x |
| 2024-12-31 | $-0.22 | $1.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blend Labs Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.62%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-125.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -60.35% | -160.75% | 0.31x | 1.20x | $-94.95 Million |
| 2020 | -45.68% | -77.70% | 0.45x | 1.32x | $-90.95 Million |
| 2021 | -22.12% | -73.07% | 0.21x | 1.44x | $-248.81 Million |
| 2022 | -624.01% | -326.79% | 0.54x | 3.51x | $-780.93 Million |
| 2023 | 0.00% | -118.15% | 0.76x | 0.00x | $-183.40 Million |
| 2024 | 0.00% | -30.62% | 0.91x | 0.00x | $-43.97 Million |
Industry Comparison
This section compares Blend Labs Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blend Labs Inc (BLND) | $142.31 Million | -60.35% | 0.33x | $389.30 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Blend Labs Inc
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 … Read more