---
schema_version: "secwatch.filing_event.v1"
accession: "0001855747-23-000015"
form_type: "8-K"
ticker: "BLND"
cik: "0001855747"
company_name: "Blend Labs, Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T01:01:12.059709+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blend Labs Q4 revenue $42.8M, FY2022 rev $235.2M; President resigns; guides Q1 rev $33-35M

## Summary
- Q4 GAAP loss from operations $75.2M; non-GAAP loss $43.1M; FY2022 GAAP loss $746.2M.
- Blend Platform segment Q4 rev $29.5M (-19% YoY); Consumer Banking & Marketplace rev $13.2M (+109% YoY).
- Title365 segment Q4 rev $13.3M (-70% YoY) reflecting decline in refinance volume.
- President Tim Mayopoulos resigned March 13, 2023; will remain as director; unvested equity cancelled.
- Q1 2023 guidance: consolidated rev $33-35M, non-GAAP net operating loss $37-39M; over 780 positions eliminated.

## SEC filing metadata
- accession: 0001855747-23-000015
- form_type: 8-K
- ticker: BLND
- cik: 0001855747
- company_name: Blend Labs, Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000015/0001855747-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000015/blnd-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001855747-23-000015
- JSON: https://secwatch.observer/filing/0001855747-23-000015.json
- Plain text: https://secwatch.observer/filing/0001855747-23-000015.txt

## Key facts
- Earnings Releases
  Blend Labs, Inc. reported the fourth fiscal quarter and the full fiscal year ended December 31, 2022 results: revenue Consolidated 2022 revenue of $235.2 million, 4Q22 revenue of $42.8 million. Guidance reaffirmed.
  - Period: the fourth fiscal quarter and the full fiscal year ended December 31, 2022
  - Revenue: Consolidated 2022 revenue of $235.2 million, 4Q22 revenue of $42.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Blend Labs, Inc. (the “Company” or “Blend”) issued a press release announcing its financial results for the fourth fiscal quarter and the full fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000015/0001855747-23-000015-index.htm
- Executive change
  Timothy Mayopoulos resigned as President at Blend Labs, Inc..
  - Action: resigned
  - Role: President
  source text: On March 13, 2023, Mr. Mayopoulos resigned as President of the Company, effective immediately, to pursue other professional opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000015/0001855747-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.