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. filings document the company’s digital banking origination business, operating results, governance, capital actions, and material corporate events. Form 8-K reports cover quarterly and annual financial results, supplemental Regulation FD materials, product and service disclosures, officer-transition matters, and board-authorized repurchases of Class A common stock.
Blend’s proxy materials describe annual meeting matters, board elections, executive compensation, stockholder voting procedures, and related governance disclosures. Recent filings also document completed corporate actions, including the sale of substantially all assets and liabilities of Title365 Company, Blend’s former title insurance business.
Blend Labs, Inc. is holding its 2026 annual shareholder meeting virtually on June 17, 2026 at 11:00 a.m. Pacific time. Stockholders will vote to elect seven directors for one-year terms and to ratify PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2026.
The company has a dual-class structure with 239,221,791 Class A shares (one vote each) and 3,256,385 Class B shares (40 votes each) outstanding as of April 20, 2026, making it a NYSE “controlled company” led by co‑founder and Head of Blend Nima Ghamsari. The proxy describes board independence, committee responsibilities, insider trading and hedging policies, and director pay in cash retainers and RSU grants. It also outlines 2025 executive compensation, including salary, cash bonuses tied to revenue and non‑GAAP operating income, and significant RSU and performance‑based RSU awards for senior leadership.
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.