Blend Labs Q1 revenue $30.8M (+15% YoY), non-GAAP op income $4.1M, beats guidance

Blend Labs, Inc.

2026-Q1 EPS reported -$0.05 revenue$30,843,000

Q1 revenue $30.8M (+15% YoY), with software platform revenue $28.0M, professional services $2.9M.
GAAP operating loss narrowed to $5.1M from $8.0M; non-GAAP operating income was $4.1M.
Non-GAAP gross margin improved to 80% from 73%; GAAP gross margin 76%.
Q2 guidance: total revenue $32-34M, non-GAAP operating income $5.5-6.5M.
Added/expanded 15 customer relationships; pipeline up >40% YoY; bought back 11.2M shares for $18.6M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Blend Labs, Inc. reported the fiscal quarter ended March 31, 2026 results: revenue $30.8 million, EPS $0.04.

Period: the fiscal quarter ended March 31, 2026
Revenue: $30.8 million
EPS: $0.04
Result: reported results

Exact text from the filing

Repurchased 11.2 million shares in the first quarter for $18.6 million — $31.4 million remaining on the existing authorization at quarter end. First quarter revenue was $30.8 million, an increase of 15% compared to the first quarter of 2025. Software platform revenue was $28.0 million, up 15% year-over-year, and Professional services revenue was $2.9 million

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Blend Labs, Inc. reported the second quarter of 2026 results: revenue $32.0M - $34.0M. Guidance initiated.

Period: the second quarter of 2026
Revenue: $32.0M - $34.0M
Guidance: initiated
Result: guidance update

Exact text from the filing

Second Quarter Outlook Blend is providing guidance for the second quarter of 2026 as follows: $ in millions Q2 2026 Guidance Total Revenue $32.0M - $34.0M Non-GAAP Operating Income $5.5M - $6.5M

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Source: SEC EDGAR

accession 0001855747-26-000040

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