BLND
Blend Labs, Inc.3.0400
+0.0100+0.33%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
789.63MP/E (TTM)
-Basic EPS (TTM)
-0.09Dividend Yield
0%Recent Filings
8-K
Blend authorizes $50M buyback
Blend Labs reported preliminary Q4 2025 revenue of $32.4M, up 7% YoY, with non-GAAP operating income hitting $5.4M—board now greenlights $50M Class A share repurchase. Consumer Banking Suite surged 21% while Mortgage dipped 3%; full-year revenue reached $123.5M. Q1 2026 guides $28.5M-$30.0M revenue. Repurchases flexible, no expiration.
8-K
Thomson named Head of Revenue
Blend Labs appointed Matt Thomson as Head of Revenue on January 6, 2026, tapping his 25 years scaling fintech sales at Alkami and ACI Worldwide to drive customer expansion. Outgoing head Brian Kneafsey shifts to advisor for continuity. Pipeline surged 60% year-over-year by Q3 2025 end. Thomson targets digital competition for banks.
8-K
Q3 beat, non-GAAP profitable
Blend Labs reported Q3 2025 revenue of $32.9M, down 1% year-over-year, yet beat guidance midpoints with non-GAAP operating income surging to $4.6M from $0.3M. Mortgage Suite revenue fell 18% to $17.7M while Consumer Banking Suite jumped 34% to $12.7M; added 14 customer wins. Pipeline up 60% YoY. Q4 guides $31-32.5M revenue, $2.5-3.5M non-GAAP income. Momentum builds.
10-Q
Q3 FY2025 results
Blend swung to a Q3 profit with $32.9M revenue down 1% y/y yet stable q/q, as Consumer Banking Suite jumped 34% y/y to offset an 18% Mortgage Suite drop from insurance partnership shifts and churn; gross margin held at 74% while opEx plunged 18% y/y on restructuring gains. Operating loss narrowed to $4.9M from $11.3M y/y, flipping to $12.4M pre-tax income via $17.3M other income (non-marketable equity gain). Diluted EPS $0.02 matches 268.7M shares; YTD revenue up 6% to $91.2M but net loss $3.5M. Cash hit $55M, FCF not disclosed in 10-Q; no debt, $15.8M remains for buybacks. Title business sale deal signed June 2025 awaits approvals. Mortgage volumes stay sensitive to rates.