Blend Labs Inc (BLND)
5.20
-0.01
(-0.19%)
USD |
NYSE |
Nov 22, 16:00
5.20
0.00 (0.00%)
After-Hours: 16:30
Blend Labs Gross Profit Margin (Quarterly): 57.53% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 57.53% |
| June 30, 2024 | 53.55% |
| 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% |
| Date | Value |
|---|---|
| March 31, 2022 | 40.36% |
| 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
51.91%
Average
53.55%
Median
Jun 2024
Gross Profit Margin (Quarterly) Benchmarks
| OneSpan Inc | 73.87% |
| Cognizant Technology Solutions Corp | 34.36% |
| Castellum Inc | 42.72% |
| BM Technologies Inc | 54.46% |
| Marti Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -108.1% |
| Return on Assets | -36.02% |
| Return on Invested Capital | -45.88% |
| Profit Margin (Quarterly) | -9.31% |
| Operating Margin (Quarterly) | -15.83% |
| Return on Net Operating Assets | -176.2% |