{"schema_version":"secwatch.filing_event.v1","accession":"0001855747-25-000040","form_type":"8-K","ticker":"BLND","cik":"0001855747","company_name":"Blend Labs, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.193621+00:00","generated_at":"2026-05-22T05:32:49.327322+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 Q1 platform revenue $26.8M, beats consensus; first positive free cash flow","bullets":["Platform revenue $26.8M (+12% YoY) above guidance midpoint; Consumer Banking Suite revenue up 45% to $9.6M.","GAAP operating loss narrowed to $7.7M from $21.2M YoY; non-GAAP operating income $1.0M (4% margin).","First-ever positive free cash flow $15.5M; cash & securities $109.8M, no debt.","Record Q1 signings; total RPO $158.1M (+70% YoY).","Exclusive process initiated to sell Title365 title insurance business; aligns with software-first strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001855747-25-000040","json":"https://secwatch.observer/filing/0001855747-25-000040.json","markdown":"https://secwatch.observer/filing/0001855747-25-000040.md","text":"https://secwatch.observer/filing/0001855747-25-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855747/000185574725000040/0001855747-25-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855747/000185574725000040/blnd-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:32:49.327322+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"}