Blend Labs Q1 Earnings Call Highlights
Key takeaways
- Blend Labs Q1 Earnings Call Highlights Market Beat Sat, May 9, 2026 at 10:07 PM GMT+7 8 min read BLND Blend Labs logo Key Points Interested in Blend Labs, Inc.?
- Blend Labs beat Q1 guidance with revenue of $30.8 million, up 15% year over year, and non-GAAP operating income of $4.1 million.
- Autopilot is emerging as a major growth driver after its beta launch, with 65 lenders activated, 22 live in production, and more than 7,000 applications touched.
Blend Labs Q1 Earnings Call Highlights Market Beat Sat, May 9, 2026 at 10:07 PM GMT+7 8 min read BLND Blend Labs logo Key Points Interested in Blend Labs, Inc.? Here are five stocks we like better.
Blend Labs beat Q1 guidance with revenue of $30.8 million, up 15% year over year, and non-GAAP operating income of $4.1 million. Mortgage suite revenue rose 18% and consumer banking revenue increased 12%, while the company also ended the quarter with $59 million in cash and no debt.
Autopilot is emerging as a major growth driver after its beta launch, with 65 lenders activated, 22 live in production, and more than 7,000 applications touched. Blend plans to begin charging for the AI product at the end of June and said it could support 10% to 15% incremental top-line growth in 2027.