Welcome to our dedicated page for Blend Labs SEC filings (Ticker: BLND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Blend Labs, Inc. (NYSE: BLND) files reports with the U.S. Securities and Exchange Commission as a Delaware corporation in the software publishers industry. On this BLND SEC filings page, Stock Titan aggregates the company’s regulatory disclosures, including current reports on Form 8-K and other periodic filings, and applies AI-powered summaries to help explain their contents in plain language.
Blend’s 8-K filings illustrate the types of material events the company reports to regulators and investors. Recent examples include the announcement of quarterly financial results, where Blend discusses software platform and professional services revenue, GAAP and non-GAAP gross margins, operating income or loss, and key operating metrics. Other 8-K filings cover leadership and executive transitions, such as changes in the Head of Finance and Administration role and related transition agreements, as well as appointments like the Head of Revenue.
Investors can also use this page to locate references to non-GAAP financial measures and the adjustments Blend applies, including stock-based compensation, workforce reduction costs, facilities-related charges, compensation realignment, litigation contingencies, transaction-related costs, software amortization and impairment, executive transition costs, and other items. These details are important for understanding how the company presents measures such as non-GAAP operating income and operating margin alongside GAAP results.
Stock Titan’s interface is designed to make it easier to work through Blend’s SEC disclosures. Users can quickly access quarterly and annual reports when available, review 8-K filings about results of operations, and see filings related to corporate governance or compensation matters. AI-generated highlights help surface the main points of each filing, including financial performance, key agreements, and leadership changes, so readers can navigate Blend’s regulatory history more efficiently.
Blend Labs Inc filed an amended Schedule 13G reporting that The Vanguard Group beneficially owns 0 shares of Blend Labs common stock, representing 0% of the class.
The filing notes an internal realignment of Vanguard subsidiaries effective 01/12/2026 and states certain subsidiaries will report ownership separately going forward. The form is signed by Vanguard's Head of Global Fund Administration on 03/26/2026.
Blend Labs, Inc. provides a cloud-based platform that helps banks, credit unions, and other lenders digitize loan and deposit origination using data, integrations, and AI-driven workflow tools. After exiting its title business in early 2025, Blend now reports a single operating segment centered on its Blend Platform.
In 2025, the platform supported nearly $1.3 trillion in loan applications across mortgages, home equity, vehicle, personal loans, credit cards, and deposit accounts. Revenue is largely success-based, tied to completed transactions such as funded loans and new accounts, plus fixed-fee and partner-sharing arrangements.
The company highlights strong ecosystem and customer relationships but notes significant risks: heavy dependence on the financial services and mortgage industries, sensitivity to interest rates and technology spending, high revenue concentration (top five customers generated 39% of 2025 revenue; 25 customers over $1 million each contributed 75%), a history of net losses with an accumulated deficit of $1,391.8 million as of December 31, 2025, regulatory and data-privacy exposure, prior material weaknesses in internal controls, and governance risks from its multi-class and Series A preferred stock structures.
Blend Labs reported preliminary fourth quarter and full year 2025 results showing steady growth and a sharp improvement in profitability. Fourth quarter revenue reached $32.4 million, up 7% year over year, with software platform revenue of $30.3 million, up 10%. Non-GAAP operating income for the quarter rose to $5.4 million, while GAAP operating loss was $3.6 million.
For full year 2025, revenue was $123.5 million, up 7%. GAAP operating loss improved to $21.8 million from $48.8 million, and non-GAAP operating income swung to a $15.1 million profit from a $12.8 million loss. Non-GAAP diluted net income from continuing operations per share was $0.01 versus a $0.10 loss in 2024.
The board authorized a new share repurchase program for up to $50 million of Class A common stock, following fourth quarter repurchases of 5.1 million shares for more than $15 million and $25 million for the year. First quarter 2026 guidance calls for revenue of $28–$30 million and non-GAAP operating income of $2–$3 million.
Blend Labs, Inc. has completed a strategic transaction affecting its title insurance operations. On March 1, 2026, the company completed the sale of substantially all the assets and liabilities of Title365 Company, which represented Blend’s title insurance business, to Covius Services, LLC. This move means Blend is exiting ownership of its Title365 title insurance unit and transferring its related assets and obligations to Covius.
Blend Labs principal accounting officer Oxana Tkach sold 5,625 shares of Class A common stock in an open-market transaction under a prearranged Rule 10b5-1 trading plan. The shares were sold at a weighted average price of about $1.59 per share, within a range of $1.57 to $1.63, leaving her with 96,238 shares directly owned after the sale.
Blend Labs, Inc. principal accounting officer Oxana Tkach reported equity-based compensation activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On February 20, 2026, she exercised RSUs covering 25,000 and 12,500 units, each RSU representing one share of Class A Common Stock. Corresponding acquisitions of 25,000 and 12,500 Class A shares were reported at a price of $0.00 per share, reflecting non-cash vesting rather than an open-market purchase. To satisfy tax obligations related to the RSU vesting, 12,654 Class A shares were withheld at a value of $1.72 per share. After these transactions, Tkach directly held 101,863 shares of Class A Common Stock. The footnotes state that the RSUs vest in equal quarterly increments over two- and four-year periods, conditioned on her continued service.
Blend Labs, Inc. executive Winnie Ling, Head of Legal and People, reported RSU vesting and related share movements. On February 20, 2026, she exercised Restricted Stock Units covering 31,250 and 39,164 RSUs, each representing one share of Class A Common Stock. These conversions increased her reported direct holdings of Class A shares, with post-transaction balances of 427,177 and then 466,341 shares in successive entries.
To satisfy tax obligations from the RSU vesting, 26,292 Class A shares were withheld and disposed of at $1.72 per share, leaving 440,049 Class A shares directly owned after all transactions. The filing notes that these RSUs vest in equal quarterly increments over two years, contingent on her continued service at the company.
Blend Labs, Inc. executive Venkatramani Srinivasan, Head of Product Tech & Cust Op, reported equity compensation activity involving Restricted Stock Units and Class A common stock. He exercised 325,000 RSUs into 325,000 shares of Class A stock at a price of $0.00 per share.
Of those shares, 117,488 were disposed of at $1.72 per share to cover tax obligations related to RSU vesting, leaving 207,512 Class A shares directly owned afterward. Each RSU represents a right to one share of Class A stock. One quarter of the RSUs will vest on February 20, 2026, with the remainder vesting in equal quarterly installments over three years, subject to continued service.
Blend Labs, Inc. submitted a Rule 144 notice reporting the sale/offer of 5,625 common shares tied to a restricted stock lapse dated 02/20/2026. The filing also discloses a prior sale of 2,500 common shares on 01/07/2026, producing a cumulative figure shown as 7,725 in the excerpt.
Blend Labs, Inc. director and officer Nima Ghamsari reported several equity transactions tied to restricted stock units on February 20, 2026. He acquired Class A common stock through derivative exercises/conversions in three tranches of 375,000, 125,000 and 114,229 shares at $0.00 per share as RSUs vested. A related footnote states each RSU converts into one share of Class A common. He also disposed of 201,733 shares of Class A common at $1.72 per share, with the shares withheld to cover tax obligations connected to the RSU vesting.