BLND
Bearish signal
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Financial indicators Unavailable or mixed. Current ratio 2.48 · operating margin -17% — readings disagree
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
VENTE TOTALE: 38 740 titres (~50 288,39 $ US)
- Insiders
- Ghamsari Nima
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$50,288
Avg sell (VWAP, 90d window) $1.46 vs last close —
- Last activity
- 2026-09-21
- Last synced
-
2026-09-25 21:09:17
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-21 | Ghamsari Nima | Sell | 21,009 | $1.19 | $25,022 | Form 4 |
| 2026-09-14 | Ghamsari Nima | Sell | 17,731 | $1.43 | $25,267 | Form 4 |
| 2026-09-11 | Venkatramani Srinivasan | Sell | 74,705 | $1.43 | $106,828 | Form 4 |
| 2026-08-17 | Tkach Oxana | Sell | 21,209 | $1.45 | $30,685 | Form 4 |
| 2026-08-05 | Thomson Matthew Christopher | Sell | 15,041 | $2.00 | $30,142 | Form 4 |
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Market snapshot
Signal
Bearish signalScored 2026-09-23
BLND presents a deeply distressed financial profile with near-total debt-to-assets ratio, negative equity, and zero interest coverage, making it fundamentally uninvestable at this stage.
The first sentence of the analysis written for BLND on 2026-09-23 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 73.8% | 55.9% | 51.7% | 38.1% | 49.5% | |
| Ebit Margin | -0.7% | -22.6% | -95.0% | -315.2% | -83.9% | |
| Ebitda Margin | 2.4% | -19.6% | -91.3% | -309.0% | -78.0% | |
| Operating Profit Margin | -16.9% | -30.6% | -99.6% | -317.3% | -84.1% | |
| Pretax Profit Margin | -0.7% | -26.7% | -114.6% | -325.7% | -88.7% | |
| Continuous Operations Profit Margin | -0.9% | -26.8% | -114.7% | -324.7% | -72.1% | |
| Net Profit Margin | -6.5% | -30.6% | -118.2% | -326.8% | -73.1% | |
| Bottom Line Profit Margin | -20.9% | -37.3% | -118.2% | -326.8% | -73.1% | |
| Current Ratio | 2.476 | 3.470 | 5.379 | 11.166 | 10.212 | |
| Quick Ratio | 2.476 | 3.470 | 5.379 | 11.166 | 10.212 | |
| Solvency Ratio | -0.021 | -0.246 | -1.002 | -2.805 | -0.522 | |
| Cash Ratio | 1.102 | 1.085 | 0.981 | 3.501 | 3.550 | |
| Price To Earnings Ratio | -30.400 | -17.542 | -3.355 | -0.439 | -9.919 | |
| Price To Earnings Growth Ratio | 0.521 | 0.256 | 0.044 | -0.001 | -0.084 | |
| Forward Price To Earnings Growth Ratio | 0.521 | 0.256 | 0.044 | -0.001 | -0.084 | |
| Price To Earnings Diluted Ratio | -30.400 | -17.542 | -3.355 | -0.439 | -9.919 | |
| Price To Earnings Diluted Growth Ratio | 0.521 | 0.256 | 0.044 | -0.001 | -0.084 | |
| Price To Book Ratio | -25.766 | -18.969 | -32.494 | 2.738 | 2.182 | |
| Price To Sales Ratio | 6.370 | 6.598 | 3.987 | 1.434 | 7.209 | |
| Price To Free Cash Flow Ratio | -9,718.580 | -46.706 | -4.877 | -1.752 | -13.066 | |
| Price To Operating Cash Flow Ratio | 68.381 | -81.954 | -4.899 | -1.771 | -13.259 | |
| Debt To Assets Ratio | 0.947 | 0.022 | 0.726 | 0.536 | 0.209 | |
| Debt To Equity Ratio | -5.269 | -0.068 | -7.779 | 1.883 | 0.300 | |
| Debt To Capital Ratio | 1.234 | -0.073 | 1.148 | 0.653 | 0.231 | |
| Long Term Debt To Capital Ratio | 1.237 | 0.000 | 1.162 | 0.638 | 0.216 | |
| Financial Leverage Ratio | -5.566 | -3.159 | -10.709 | 3.513 | 1.436 | |
| Working Capital Turnover Ratio | 1.599 | 1.382 | 0.629 | 0.515 | 0.666 | |
| Operating Cash Flow Ratio | 0.291 | -0.335 | -4.042 | -5.368 | -2.124 | |
| Operating Cash Flow Sales Ratio | 0.093 | -0.081 | -0.814 | -0.810 | -0.544 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.007 | 1.755 | 1.005 | 1.011 | 1.015 | |
| Debt Service Coverage Ratio | 0.000 | -4.721 | -4.651 | -29.230 | -12.771 | |
| Interest Coverage Ratio | 0.000 | -7.354 | -5.070 | -30.100 | -17.488 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.072 | -3.404 | -0.853 | -0.821 | -0.549 | |
| Capital Expenditure Coverage Ratio | 0.993 | -1.325 | -217.412 | -92.078 | -67.606 | |
| Dividend Paid And Capex Coverage Ratio | 0.993 | -1.325 | -217.412 | -92.078 | -67.606 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 307.582 | -32.466 | -5.195 | -0.612 | -9.347 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 73.8% | ▲17.9% | ▲20.0% |
| Ebit Margin | -0.7% | ▲21.9% | ▲102.8% |
| Ebitda Margin | 2.4% | ▲22.0% | ▲101.5% |
| Operating Profit Margin | -16.9% | ▲13.7% | ▲92.8% |
| Pretax Profit Margin | -0.7% | ▲26.0% | ▲110.6% |
| Continuous Operations Profit Margin | -0.9% | ▲25.9% | ▲106.9% |
| Net Profit Margin | -6.5% | ▲24.1% | ▲104.5% |
| Bottom Line Profit Margin | -20.9% | ▲16.4% | ▲94.3% |
| Current Ratio | 2.475 | ▼-0.995 | ▼-4.065 |
| Quick Ratio | 2.475 | ▼-0.995 | ▼-4.065 |
| Solvency Ratio | -0.021 | ▲0.225 | ▲0.898 |
| Cash Ratio | 1.102 | ▲0.018 | ▼-0.941 |
| Price To Earnings Ratio | -30.400 | ▼-12.858 | ▼-18.069 |
| Price To Earnings Growth Ratio | 0.521 | ▲0.265 | ▲0.374 |
| Forward Price To Earnings Growth Ratio | 0.521 | ▲0.265 | ▲0.374 |
| Price To Earnings Diluted Ratio | -30.400 | ▼-12.858 | ▼-18.069 |
| Price To Earnings Diluted Growth Ratio | 0.521 | ▲0.265 | ▲0.374 |
| Price To Book Ratio | -25.766 | ▼-6.797 | ▼-11.304 |
| Price To Sales Ratio | 6.370 | ▼-0.228 | ▲1.250 |
| Price To Free Cash Flow Ratio | -9718.580 | ▼-9671.874 | ▼-7761.584 |
| Price To Operating Cash Flow Ratio | 68.381 | ▲150.335 | ▲75.082 |
| Debt To Assets Ratio | 0.947 | ▲0.925 | ▲0.459 |
| Debt To Equity Ratio | -5.269 | ▼-5.201 | ▼-3.082 |
| Debt To Capital Ratio | 1.234 | ▲1.307 | ▲0.596 |
| Long Term Debt To Capital Ratio | 1.237 | ▲1.237 | ▲0.586 |
| Financial Leverage Ratio | -5.566 | ▼-2.407 | ▼-2.669 |
| Working Capital Turnover Ratio | 1.599 | ▲0.217 | ▲0.641 |
| Operating Cash Flow Ratio | 0.291 | ▲0.626 | ▲2.607 |
| Operating Cash Flow Sales Ratio | 0.093 | ▲0.174 | ▲0.524 |
| Free Cash Flow Operating Cash Flow Ratio | -0.007 | ▼-1.762 | ▼-0.963 |
| Debt Service Coverage Ratio | 0.000 | ▲4.721 | ▲10.275 |
| Interest Coverage Ratio | 0.000 | ▲7.354 | ▲12.002 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Operating Cash Flow Coverage Ratio | 0.071 | ▲3.475 | ▲1.183 |
| Capital Expenditure Coverage Ratio | 0.993 | ▲2.318 | ▲76.479 |
| Dividend Paid And Capex Coverage Ratio | 0.993 | ▲2.318 | ▲76.479 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 307.582 | ▲340.048 | ▲255.590 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $787.2M | $1.07B | $625.3M | $337.2M | $1.69B | |
| Enterprise value | $904.6M | $1.03B | $744.0M | $445.0M | $1.71B | |
| EV / Sales | 7.32x | 6.36x | 4.74x | 1.89x | 7.29x | |
| EV / Op. cash flow | 78.58x | -79.01x | -5.83x | -2.34x | -13.41x | |
| EV / Free cash flow | -11167.89x | -45.03x | -5.80x | -2.31x | -13.21x | |
| EV / EBITDA | 307.58x | -32.47x | -5.20x | -0.61x | -9.35x | |
| Net debt / EBITDA | 39.92x | 1.21x | -0.83x | -0.15x | -0.10x | |
| Current ratio | 2.48x | 3.47x | 5.38x | 11.17x | 10.21x | |
| Income quality | -0.44x | 0.30x | 0.71x | 0.25x | 0.75x | |
| Graham net-net | -$0 | -$0 | -$0 | $0 | $1 | |
| Tax burden | 917.4% | 114.5% | 103.1% | 100.3% | 82.4% | |
| Interest burden | 100.0% | 118.5% | 120.7% | 103.3% | 105.7% | |
| Working capital | $58.3M | $96.2M | $138.3M | $360.6M | $553.0M | |
| Invested capital | $82.7M | $112.1M | $152.9M | $380.2M | $1.03B | |
| Return on assets | -4.7% | -27.9% | -89.9% | -177.6% | -15.4% | |
| Operating ROA | -12.0% | -25.8% | -48.9% | -96.6% | -29.7% | |
| Return on tangible assets | -4.7% | -28.2% | -90.9% | -178.5% | -26.3% | |
| Return on equity | 26.4% | 88.0% | 963.1% | -624.0% | -22.1% | |
| Return on invested capital | -16.0% | -34.9% | -87.3% | -185.4% | -15.2% | |
| Return on capital employed | -16.0% | -35.7% | -89.5% | -187.8% | -18.7% | |
| Earnings yield | -1.0% | -4.6% | -29.6% | -227.9% | -10.1% | |
| Free cash flow yield | -0.0% | -2.1% | -20.5% | -57.1% | -7.7% | |
| Capex / Op. cash flow | 100.7% | -75.5% | -0.5% | -1.1% | -1.5% | |
| Capex / Depreciation | 303.6% | 204.3% | 10.2% | 14.3% | 13.7% | |
| Capex / Sales | 9.4% | 6.1% | 0.4% | 0.9% | 0.8% | |
| SG&A / Sales | 64.1% | 53.5% | 83.4% | 95.4% | 90.8% | |
| R&D / Sales | 26.6% | 28.4% | 52.0% | 58.7% | 39.3% | |
| Stock comp / Sales | 23.4% | 17.3% | 29.3% | 46.6% | 30.2% | |
| Intangibles / Total assets | 0.0% | 1.2% | 1.0% | 0.5% | 41.4% | |
| Days sales outstanding | 42d | 45d | 46d | 37d | 61d | |
| Days payables outstanding | 21d | 12d | 10d | 3d | 19d | |
| Operating cycle | 42d | 45d | 46d | 37d | 61d | |
| Cash conversion cycle | 21d | 32d | 36d | 34d | 42d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▼-26.4%EV / Sales ▲+15.1%EV / EBITDA ▲+1047.4%EV / Op. cash flow ▲+157.588Earnings yield ▲+0.036
Profitability
Return on equity ▼-0.617Return on assets ▲+0.231Return on invested capital ▲+0.190Return on capital employed ▲+0.197Operating ROA ▲+0.138Income quality ▼-0.744Tax burden ▲+8.029
Efficiency
Days sales outstanding ▼-3.339Days payables outstanding ▲+8.216Operating cycle ▼-3.339Cash conversion cycle ▼-11.555Capex / Sales ▲+0.033R&D / Sales ▼-0.019
Balance-sheet strength
Current ratio ▼-0.995Net debt / EBITDA ▲+38.706Working capital ▼-37890000.000Invested capital ▼-29370000.000Intangibles / Total assets ▼-0.012
Change over 5 years
Valuation
Market cap ▼-53.4%EV / Sales ▲+0.4%EV / EBITDA ▲+3390.9%EV / Op. cash flow ▲+91.989Earnings yield ▲+0.091
Profitability
Return on equity ▲+0.485Return on assets ▲+0.107Return on invested capital ▼-0.008Return on capital employed ▲+0.028Operating ROA ▲+0.177Income quality ▼-1.197Tax burden ▲+8.351
Efficiency
Days sales outstanding ▼-19.880Days payables outstanding ▲+1.586Operating cycle ▼-19.880Cash conversion cycle ▼-21.467Capex / Sales ▲+0.086R&D / Sales ▼-0.128
Balance-sheet strength
Current ratio ▼-7.736Net debt / EBITDA ▲+40.021Working capital ▼-494657000.000Invested capital ▼-951370000.000Intangibles / Total assets ▼-0.414
Employee count
Peer market caps
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent news
- 2026-09-23 Blend and Alliant Credit Union Partner to Reimagine the Journey to Homeownership Blend Labs, Inc. (NYSE: BLND) today announced an expanded partnership with Alliant Credit Union, a top 10 credit union in the U.S. by asset size, to help reimag
- 2026-09-23 Blend and Alliant Credit Union Partner to Reimagine the Journey to Homeownership SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND) today announced an expanded partnership with Alliant Credit Union, a top 10 credit union in the U.S. by asset size, to help reimagine the homeownership experience — from preparing to buy through financing and closing.The partnership begins with a completely modernized mortgage experience powered by Blend, allowing Alliant members to move from prequalification to a full mortgage application in minutes, with automated income and asset v.
- 2026-09-09 Alliant Credit Union Partners with Blend to Reinvent the Digital Home Lending Experience New home lending platform is the first in a series of investments designed to make banking with Alliant remarkably simple CHICAGO, Sept. 9, 2026 /PRNewswire/ -- Alliant Credit Union, one of the nation''s largest credit unions with nearly 1 million members and $20 billion in assets, today announced a strategic partnership with Blend Labs Inc. (NYSE: BLND) to launch a completely modernized digital experience for mortgage and home equity borrowers.
- 2026-08-27 Blend Honors Seven Customers With Best in Banking Awards at Forum 2026 SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced the winners of its Best in Banking Awards, presented onstage at Forum 2026, Blend''s annual customer conference.These awards recognize the people whose work is raising the bar for the entire industry. Across seven institutions, this year''s winners built unified experiences across lines of business, co-developed integrations, and put.
- 2026-08-20 Blend Labs Shows Early Signs Of AI Potential As Yield Curve Control Dawns I''ve upgraded Blend Labs, Inc. to a Hold, reflecting medium-term upside catalyst potential from innovation and macro environment promise. BLND''s Gen AI Autopilot system has shown early success, delivering 10–15% improved pull-through rates and 2–4-day cycle time reductions. Churn is rising as lower-end clients seek cheaper alternatives, but BLND''s direct monetization and AI-driven automation offer strategic promise.
- 2026-08-20 Early Production Results for Blend''s Autopilot Show What Agentic AI Means For Lending SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND) today shared early production results for Autopilot, its agentic system for lending, showing a marked increase in pull-through rates and a reduction in loan-cycle times. Since March 2026, Autopilot''s pre-underwriting agent has processed more than 50,000 live production loans across lenders on Blend''s Home Lending platform. Across the analyzed cohorts, lenders using Autopilot''s pre-underwriting agent saw: Pull-through rates 10% to 15% higher Loa.
- 2026-08-18 Frost Bank Teams with Blend to Speed Up Account Opening and Boost Completion Rates by 60% SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced that Frost Bank, a top 50 U.S. bank with more than $53 billion in assets, has successfully modernized its deposit account application experience through Blend. The partnership has resulted in a 60% increase in digital account application completions and an 80% reduction in manual review requirements — results that reflect Frost''s longstanding.
- 2026-08-13 Blend And Prove Cut Application Drop-Off By 16% For Banks And Credit Unions Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced measurable results from it
- 2026-08-13 Blend And Prove Cut Application Drop-Off By 16% For Banks And Credit Unions SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform for banks, credit unions, and mortgage lenders, today announced measurable results from its integration with the Prove Pre-Fill® solution, which is helping financial institutions reduce friction and improve completion rates in digital account opening. The problem: friction at the worst possible moment Consumers expect opening an account or applying for a financial product to be fast, intuitive,.
- 2026-08-07 Blend Labs Q2 Earnings Call Highlights Blend Labs NYSE: BLND reported second-quarter revenue near the high end of its guidance range and non-GAAP operating income above its outlook, while management pointed to continued mortgage-market pressure and early commercialization progress for its Autopilot artificial intelligence product.