COMP <GO>
BLND vs NVDA // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Blend Labs Inc. (Class A) (NYSE) VS. NVIDIA Corporation (NASDAQ) • 15-METRIC TALLY: BLND 3
— NVDA 7
■ METRIC PARITY
LAST: $1.16 (0.00%) • MKT CAP: $274.4M
options-implied-move
—
LAST: $213.66 (-0.80%) • MKT CAP: $5.15T
options-implied-move
9.01%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BLND VS. NVDA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BLND | NVDA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 73.80% | 74.67% | -0.87 | NVDA | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 65.06% | -100.06 | NVDA | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 23.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.20% | 2.58% | +1.62 | BLND | /fcf-yield <GO> |
| Operating Margin | -17.60% | 65.21% | -82.81 | NVDA | /operating-margins <GO> |
| Net Profit Margin | -5.50% | 63.66% | -69.16 | NVDA | /net-margins <GO> |
| Revenue Growth (YoY) | 6.80% | 83.38% | -76.58 | NVDA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.02% | -0.02 | NVDA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 19.52 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 4/9 | +3.00 | BLND | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | 9.01% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 54.0 | 51.1 | +2.90 | BLND | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 2.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 14.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $274.4M | $5.15T | -$5.15T | NVDA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BLND REV | NVDA REV | BLND GROSS % | NVDA GROSS % | BLND FCF | NVDA FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $215.94B | — | 71.1% | — | $96.68B |
| FY 2025 | $123.6M | $130.50B | 73.8% | 75.0% | $11.5M | $60.85B |
| FY 2024 | $115.8M | $60.92B | 71.9% | 72.7% | -$13.0M | $27.02B |
| FY 2023 | $109.5M | $26.97B | — | 56.9% | -$127.6M | $3.81B |
| FY 2022 | — | $26.91B | — | 64.9% | — | $8.13B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BLND // BETA —
NVDA // BETA 2.04