Blend Results Presentation Deck
Reconciliation of GAAP to Non-GAAP Measures
(in thousands)
Gross Profit Reconciliation
Blend Platform
Title365
Total
Gross Profit Reconciliation
Blend Platform
Title365
Total
$
$
$
$
Three Months Ended December 31, 2022
GAAP Gross
Profit
13,114
1,293
14,407 $
GAAP Gross
Profit
$
70,090
19,561
89,651
Year Ended December 31, 2022
$
Non-GAAP
adjustments (¹)
$
Non-GAAP gross
profit
463 $
111
574 $
Non-GAAP
adjustments (¹)
Non-GAAP gross
profit
1,463 $
606
2,069
13,577 $
1,404
14,981
$
$
$
71,553
20,167
91,720 $
Three Months Ended December 31, 2021
GAAP Gross
Profit
22,439
12,506
34,945 $
$
GAAP Gross
Profit
85,645
30,344
115,989 $
$
Non-GAAP
adjustments (¹)
Year Ended December 31, 2021
Non-GAAP gross
profit
45
45 $
Non-GAAP
adjustments (¹)
22,439
12,551
34,990
Non-GAAP gross
profit
670 $
83
753 $
86,315
30,427
116,742
blend
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