Earnings ·
Blend Labs, Inc. reported second quarter 2026 financial results on August 6, 2026
BLNDBlend Labs, Inc.
Blend Labs, Inc. reported second quarter 2026 financial results on August 6, 2026. Total revenue increased 7% year-over-year to $33.8 million, with software platform revenue at $31.4 million and professional services at $2.4 million. Non-GAAP operating income rose to $7.0 million from $4.6 million in the prior year period, while GAAP operating loss narrowed to $1.6 million from $4.8 million. The company repurchased 11.0 million shares for $18.2 million during the quarter, leaving $13.2 million remaining on its authorization. Management highlighted that Autopilot became commercially available on July 1 with six lenders signed. Third Quarter 2026 guidance projects total revenue between $31.5 million and $33.5 million and non-GAAP operating income between $3.5 million and $4.5 million. Blend Labs, Inc. operates in the financial technology industry as a leading origination platform for digital banking solutions.