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Companies / Information Technology / Blend Labs, Inc.
BLND

Blend Labs, Inc.

Information TechnologyComputer Services
Ticker BLNDNOVATO, CAFiscal year ends DecemberBook value per share $-0.31Diluted shares 244.2M

Blend Labs, Inc. (NYSE: BLND) provides cloud-based software that helps banks, credit unions, independent mortgage lenders and servicers digitize loan origination and deposit account opening. Its platform supports mortgage, home equity, vehicle, personal loan and credit card applications, as well as deposit accounts,… From the company’s description.

Over the twelve months to Sep 30, 2026, Blend Labs, Inc. reported revenue of $130.02M and a net loss of $12.99M. Its operating margin was −10.6%, and operations generated $17.12M in cash. In fiscal 2025, it reported revenue of $123.58M and a net loss of $1.13M.

Fiscal year 2025 · ends 12-31No changes shown: the filing behind fiscal 2025 re-reports fiscal 2024 on a different basisThe amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$123.58MFY2025
Last 12 mo $130.02M
-17.59%FY2025
Last 12 mo -10.61%
$-1.13MFY2025
Last 12 mo $-12.99M
20.27%FY2025
Last 12 mo 18.63%
Cash & financing
$11.51MFY2025
Last 12 mo $17.12M
$-0.08MFY2025
Last 12 mo $13.41M
—
258.9MFY2025
Last 12 mo 244.2M

Dotted labels explain each measure. is shown separately from the annual figures.

What Blend Labs, Inc. does

In the company’s own words

Blend Labs, Inc. (NYSE: BLND) provides cloud-based software that helps banks, credit unions, independent mortgage lenders and servicers digitize loan origination and deposit account opening. Its platform supports mortgage, home equity, vehicle, personal loan and credit card applications, as well as deposit accounts, and offers digital closing tools for mortgages and home equity loans. Workflow automation, verification and decisioning tools, third-party integrations and configurable components help financial institutions manage applications from initial data collection through approval and closing. The company also offers AI capabilities for automating complex origination processes. Blend operates as a single reportable segment; its SaaS fees are generally tied to completed transactions, with some fixed-fee and partner-revenue arrangements. In 2025, its products helped financial services firms process nearly $1.3 trillion in loan applications, and it had 419 employees as of December 31, 2025. Blend Labs was incorporated in 2012 and exited the title business in 2025. Its website is https://www.blend.com.

Company details
Sector
Information Technology
Industry (SIC)
Computer Services
Headquarters
NOVATO, CA
Fiscal year end
December
CIK
1855747
SIC
7370

Financial performance, year by year

Fiscal 2021–2025 · USD
$-863.71M$-564.01M$-264.30M$35.40M$335.10M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Blend Labs, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

120
funds hold it
0 of 35
superinvestors hold it
$59.53M
held by funds, at market
14.7%
of shares held by funds

Largest fund holders · Blend Labs, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.75%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Blend Labs, Inc. and its peers compare on margins and cash generation over ten years?”
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