Company: BLND
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001855747-25-000092
Chunk: 361

Company: Blend Labs, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 361
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Other income (expense), net17,348 10,673 19,480 11,874 Income (loss) before income taxes12,437 (610)2,252 (40,446)Income tax expense(27)(21)(98)(93)Income (loss) from continuing operations12,410 (631)2,154 (40,539)Net income (loss) from discontinued operations (Note 16)122 (1,996)(5,679)(2,172)Net income (loss)12,532 (2,627)(3,525)(42,711)Less: Net loss attributable to noncontrolling interest included in discontinued operations— 182 182 191 Net income (loss) attributable to Blend Labs, Inc.12,532 (2,445)(3,343)(42,520)Less: Accretion of redeemable noncontrolling interest to redemption value from discontinued operations— (1,760)(1,254)(4,748)Less: Accretion of Series A redeemable convertible preferred stock to redemption value(4,558)(4,048)(13,136)(6,709)Net income (loss) attributable to Blend Labs, Inc. common stockholders$7,974 $(8,253)$(17,733)$(53,977)Net income (loss) per share attributable to Blend Labs, Inc. common stockholders:Basic:Continuing operations$0.03 $(0.02)$(0.04)$(0.19)Discontinued operations$0.00 $(0.01)$(0.03)$(0.02)Net income (loss) per share attributable to Blend Labs, Inc. common stockholders$0.03 $(0.03)$(0.07)$(0.21)Diluted:Continuing operations$0.02 $(0.02)$(0.04)$(0.19)Discontinued operations$0.00 $(0.01)$(0.03)$(0.02)Net income (loss) per share attributable to Blend Labs, Inc. common stockholders$0.02 $(0.03)$(0.07)$(0.21)Weighted average shares used in calculating net income (loss) per share:Basic259,631 254,910 259,228 252,977 Diluted268,719 254