Blend Labs Inc (BLND)
3.155
-0.04
(-1.41%)
USD |
NYSE |
May 17, 16:00
3.155
0.00 (0.00%)
Pre-Market: 20:00
Blend Labs Gross Profit Margin (Quarterly): 51.91% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 51.91% |
| December 31, 2023 | 54.64% |
| September 30, 2023 | 54.35% |
| June 30, 2023 | 54.87% |
| March 31, 2023 | 42.46% |
| December 31, 2022 | 33.67% |
| September 30, 2022 | 38.14% |
| June 30, 2022 | 38.55% |
| March 31, 2022 | 40.36% |
| Date | Value |
|---|---|
| December 31, 2021 | 43.15% |
| September 30, 2021 | 45.02% |
| June 30, 2021 | 61.45% |
| March 31, 2021 | 65.93% |
| December 31, 2020 | 71.32% |
| September 30, 2020 | 65.99% |
| June 30, 2020 | 60.47% |
| March 31, 2020 | 52.84% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
33.67%
Minimum
Dec 2022
71.32%
Maximum
Dec 2020
51.48%
Average
52.84%
Median
Mar 2020
Gross Profit Margin (Quarterly) Benchmarks
| Cognizant Technology Solutions Corp | 33.91% |
| ExlService Holdings Inc | 37.36% |
| Castellum Inc | 41.37% |
| BM Technologies Inc | 55.55% |
| Marti Technologies Inc | -26.02% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -243.1% |
| Return on Assets | -47.87% |
| Return on Invested Capital | -57.38% |
| Profit Margin (Quarterly) | -63.32% |
| Operating Margin (Quarterly) | -57.78% |
| Return on Net Operating Assets | -282.4% |