{"schema_version":"secwatch.filing_event.v1","accession":"0001855747-22-000032","form_type":"8-K","ticker":"BLND","cik":"0001855747","company_name":"Blend Labs, Inc.","filed_at":"2022-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.896433+00:00","generated_at":"2026-06-25T19:24:20.300892+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blend Q1 rev $71.5M (+124% YoY); GAAP op loss $69.7M; reaffirms FY22 guidance","bullets":["Revenue $71.5M (+124% YoY) includes $38.7M from Title365; Blend Platform revenue $32.8M (+3% YoY).","GAAP loss from operations $69.7M vs $27.2M in Q1 2021; non-GAAP op loss $39.5M.","Consumer Banking & Marketplace revenue $7.2M (+55% YoY); Mortgage Banking $24.5M (-7% vs 44% industry decline).","Reaffirmed FY22 consolidated revenue guidance $230-250M; expects US mortgage originations down ~41% (prior ~35%).","Added 8 new customers (total 351); cash & securities $499.4M, debt $225.0M; revolver undrawn."],"urls":{"canonical":"https://secwatch.observer/filing/0001855747-22-000032","json":"https://secwatch.observer/filing/0001855747-22-000032.json","markdown":"https://secwatch.observer/filing/0001855747-22-000032.md","text":"https://secwatch.observer/filing/0001855747-22-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855747/000185574722000032/0001855747-22-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855747/000185574722000032/blnd-20220512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T19:24:20.300892+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}