Earnings ·
Reports Q3 revenue of $32.9M and non-GAAP operating income of $4.9M
BLNDBlend Labs, Inc.
Blend Labs reported third-quarter 2026 total revenue of $32.9 million, a 1% increase year-over-year, with software platform revenue rising to $30.6 million. The company achieved non-GAAP operating income of $4.9 million, up from $4.3 million in the prior-year period, while GAAP results showed an operating loss of $2.6 million compared to a $5.3 million loss previously. Management cited its best sales quarter in over three years, closing 26 new deals and expanding its Autopilot customer base to ten clients. For the fourth quarter, Blend provided revenue guidance between $27.7 million and $29.7 million and non-GAAP operating income guidance of $2.3 million to $3.3 million. The company operates a digital banking platform that helps financial institutions streamline lending processes.