Blend Labs (BLND) Misses Q1 EPS by 2c, Misses on Revenue

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Go back to Blend Labs (BLND) Misses Q1 EPS by 2c, Misses on Revenue

Blend Announces First Quarter 2025 Financial Results

May 8, 2025 4:05 PM EDT

Third Consecutive Quarter of YoY Growth Fueled by Renewed Customer Momentum 

Continued execution on the strategic shift to a software-first model Entered into an exclusive process with a leading title and mortgage services provider for potential sale of title insurance business Platform revenue of $26.8 million exceeded consensus estimates and the midpoint of guidance Record first quarter signings with total remaining performance obligations of $158.1 million or +70% year-over-year Cash provided by operating activities of $20.1 million with record free cash flow of $15.5 million

SAN FRANCISCO--(BUSINESS... More