Blend Labs, Inc.
Blend Labs, Inc. (NYSE: BLND) operates a software platform designed to transform financial services by streamlining the loan origination and account opening process for banks, credit unions, mortgage lenders, and other financial institutions. The company's mission centers on making borrowing and banking as seamless… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. 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) operates a software platform designed to transform financial services by streamlining the loan origination and account opening process for banks, credit unions, mortgage lenders, and other financial institutions. The company's mission centers on making borrowing and banking as seamless and intuitive as modern e-commerce through AI-powered digital workflows and consumer-facing applications.
The company's platform powers end-to-end consumer journeys across multiple financial products, including mortgages, home equity lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. Blend's software integrates complex origination processes that typically involve hundreds of tasks and interactions with dozens of external technology, data, and service providers. The platform comprises modular components for verification, decisioning, and workflow intelligence, along with Blend Builder, which enables financial institutions to create customized product offerings through low-code design tools and drag-and-drop workflow orchestration.
In 2025, Blend's platform processed nearly $1.3 trillion in loan applications. The company operates a single reporting segment following its decision to exit the title business in early 2025. Revenue is generated through a success-based pricing model where fees are assessed based on completed transactions such as funded loans or new account openings, supplemented by fixed-fee arrangements for unlimited access to consumer banking products and revenue sharing from integrated partnerships with third-party service providers.
Blend's competitive advantages include its breadth of product offerings, flexible platform architecture supporting multi-product experiences, extensive ecosystem of technology and data partners, and ability to power superior end-to-end consumer journeys. The company maintains strong customer relationships through a land-and-expand strategy, with customers typically beginning with one or two products and progressively adding more over time. As of December 31, 2025, Blend employed 419 people. The company's website is located at https://www.blend.com.
Company details
- Sector
- Technology
- Industry
- Computer Services
- Headquarters
- NOVATO, CA
- Fiscal year end
- December
- CIK
- 1855747
- SIC
- 7370
Financial performance, year by year
Fiscal 2021–2025 · USDThe 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.
Who owns Blend Labs, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Blend Labs, Inc.’s weight in each
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.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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