{"schema_version":"secwatch.filing_event.v1","accession":"0001855747-23-000072","form_type":"8-K","ticker":"BLND","cik":"0001855747","company_name":"Blend Labs, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.126834+00:00","generated_at":"2026-06-08T17:28:50.994177+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blend Labs Q3 revenue $40.6M; GAAP EPS -$0.18, non-GAAP -$0.09; Q4 guidance $34.5-40.5M","bullets":["Total revenue $40.6M (Platform $28.6M, Title $11.9M); GAAP net loss per share $0.18; non-GAAP net loss per share $0.09.","Consumer Banking Suite revenue $6.2M, up 18% YoY; Mortgage Suite revenue down 11% YoY but outperformed market.","GAAP loss from operations improved to $36.2M from $129.9M YoY; non-GAAP loss from operations $15.9M.","Cash, equivalents & marketable securities $252.3M; debt $225M; revolving credit line undrawn.","Q4 2023 guidance: consolidated revenue $34.5-40.5M; non-GAAP net operating loss $14-17M."],"urls":{"canonical":"https://secwatch.observer/filing/0001855747-23-000072","json":"https://secwatch.observer/filing/0001855747-23-000072.json","markdown":"https://secwatch.observer/filing/0001855747-23-000072.md","text":"https://secwatch.observer/filing/0001855747-23-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/0001855747-23-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/blnd-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:28:50.994177+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":[{"claim_id":"2720604a6bdc6336f25c981cf5900e58f821270a","claim":"Blend Labs, Inc. reported third quarter 2023 results: revenue $40.6 million, EPS $0.18.","evidence_excerpt":"quarter 2023 financial results. “Blend’s third quarter results demonstrate the continued strength of our business model and the promise of our long-term vision. We delivered $40.6 million in total company revenue, well within the range we provided during our September Investor Day, driven in part by double-digit year-over-year growth in our consumer banking","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/0001855747-23-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$40.6 million"},{"label":"EPS","value":"$0.18"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"685582d471385141258ab3fc98d513f8ddb82b59","claim":"Blend Labs, Inc. reported fourth quarter of 2023 results: revenue $34.5 - 40.5. Guidance initiated.","evidence_excerpt":"Blend is providing guidance for the fourth quarter of 2023 as follows: $ in millions Q4 2023 Guidance Blend Platform Revenue $25.0 - 30.0 Title Revenue $9.5 - 10.5 Blend Labs, Inc. Consolidated Revenue $34.5 - 40.5 Non-GAAP Net Operating Loss $17.0 - 14.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/0001855747-23-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Revenue","value":"$34.5 - 40.5"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}