Blend Tax Provision from 2010 to 2024

BLND Stock  USD 5.11  0.08  1.54%   
Blend Labs' Tax Provision is decreasing over the years with stable fluctuation. Overall, Tax Provision is expected to go to about 676.2 K this year. Tax Provision is the amount set aside by Blend Labs to cover any estimated taxes for the current period. It reflects Blend Labs' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
644 K
Current Value
676.2 K
Quarterly Volatility
10 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blend Labs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blend Labs' main balance sheet or income statement drivers, such as Tax Provision of 676.2 K, Depreciation And Amortization of 10 M or Interest Expense of 32.4 M, as well as many indicators such as Price To Sales Ratio of 3.79, Dividend Yield of 0.0 or Days Sales Outstanding of 69.32. Blend financial statements analysis is a perfect complement when working with Blend Labs Valuation or Volatility modules.
  
Check out the analysis of Blend Labs Correlation against competitors.
For information on how to trade Blend Stock refer to our How to Trade Blend Stock guide.

Latest Blend Labs' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Blend Labs over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Blend Labs' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blend Labs' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Blend Tax Provision Regression Statistics

Arithmetic Mean(2,643,387)
Geometric Mean55,238
Coefficient Of Variation(380.08)
Mean Deviation4,832,348
Median13,000
Standard Deviation10,047,050
Sample Variance100.9T
Range39.6M
R-Value(0.25)
Mean Square Error101.8T
R-Squared0.06
Significance0.37
Slope(565,709)
Total Sum of Squares1413.2T

Blend Tax Provision History

2024676.2 K
2023644 K
2022-2.2 M
2021-38.9 M
202026 K

About Blend Labs Financial Statements

Blend Labs stakeholders use historical fundamental indicators, such as Blend Labs' Tax Provision, to determine how well the company is positioned to perform in the future. Although Blend Labs investors may analyze each financial statement separately, they are all interrelated. For example, changes in Blend Labs' assets and liabilities are reflected in the revenues and expenses on Blend Labs' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Blend Labs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision644 K676.2 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Blend Labs is a strong investment it is important to analyze Blend Labs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blend Labs' future performance. For an informed investment choice regarding Blend Stock, refer to the following important reports:
Check out the analysis of Blend Labs Correlation against competitors.
For information on how to trade Blend Stock refer to our How to Trade Blend Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blend Labs. If investors know Blend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blend Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
0.622
Quarterly Revenue Growth
0.113
Return On Assets
(0.15)
Return On Equity
(0.77)
The market value of Blend Labs is measured differently than its book value, which is the value of Blend that is recorded on the company's balance sheet. Investors also form their own opinion of Blend Labs' value that differs from its market value or its book value, called intrinsic value, which is Blend Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blend Labs' market value can be influenced by many factors that don't directly affect Blend Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blend Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blend Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blend Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.