secwatch.observer — SEC 8-K summary
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Issuer:     Blend Labs, Inc. (BLND)
CIK:        0001855747
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001855747-25-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blend Q2 2025 revenue up 10% YoY to $31.5M; non-GAAP operating income positive
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- GAAP loss from operations narrowed to $4.6M from $13.1M YoY; diluted EPS -$0.03 vs -$0.09.
- Non-GAAP income from operations $4.7M (15% margin) vs loss of $5.5M in Q2 2024.
- Record RPO of $190.4M; 23 new/expanded deals, more than double Q1 2025.
- Sold Title365 to Covius to transition to a higher-margin partnership model.
- Q3 guidance: revenue $31.5M-$33.5M, non-GAAP net operating income $3.0M-$4.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855747/000185574725000067/0001855747-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855747/000185574725000067/blnd-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001855747-25-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer