Blend Results Presentation Deck
Reconciliation of GAAP to Non-GAAP Measures
(in thousands)
13
Gross Profit Reconciliation
Blend Platform
Title365
Total
Blend Platform
Title365
Total
Three months ended
December 31, 2021
GAAP
Gross Profit
$
$
22,439 $
12,506
34,945 $
Non-GAAP
expenses(1)
Non-GAAP
gross profit
$ 22,439 $
12,551
45
45 $ 34,990 $
Year ended
December 31, 2021
(1) Non-GAAP expenses represent stock-based compensation
GAAP
Gross Profit
$ 85,645 $
30,344
$ 115,989 $
Non-GAAP
expenses (1)
670
83
Three months ended
December 31, 2020
GAAP
Gross Profit
21,845
21,845
Non-GAAP
expenses (1)
$
$
Non-GAAP
gross profit
$ 86,315 $
30,427
753 $ 116,742 $ 61,740 $
GAAP
Gross Profit
61,740
Year ended
December 31, 2020
Non-GAAP
expenses (1)
79
$
Non-GAAP
gross profit
$ 21,845
$ 21,845
Non-GAAP
gross profit
$ 61,819
79 $
61,819
blendView entire presentation