---
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"
generated_at: "2026-06-08T17:28:50.994177+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blend Labs Q3 revenue $40.6M; GAAP EPS -$0.18, non-GAAP -$0.09; Q4 guidance $34.5-40.5M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001855747-23-000072
- JSON: https://secwatch.observer/filing/0001855747-23-000072.json
- Plain text: https://secwatch.observer/filing/0001855747-23-000072.txt

## Key facts
- Earnings Releases
  Blend Labs, Inc. reported third quarter 2023 results: revenue $40.6 million, EPS $0.18.
  - Period: third quarter 2023
  - Revenue: $40.6 million
  - EPS: $0.18
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/0001855747-23-000072-index.htm
- Earnings Releases
  Blend Labs, Inc. reported fourth quarter of 2023 results: revenue $34.5 - 40.5. Guidance initiated.
  - Period: fourth quarter of 2023
  - Revenue: $34.5 - 40.5
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000072/0001855747-23-000072-index.htm

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