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Blend Labs, Inc. reports developments tied to its digital origination platform for banks, credit unions, fintechs, community banks, and independent mortgage lenders. The company’s platform supports mortgage, home equity, consumer-loan, and deposit-account workflows, connecting borrower experiences with lender back-end origination processes.
Recurring news for BLND includes quarterly financial results, customer additions and expansions, lender partnerships, product launches, and AI-enabled origination tools such as Blend Autopilot and Autopilot MCP. Company updates also cover capital actions involving its Class A common stock and operating changes related to efficiency, restructuring costs, and platform-focused strategy.
Blend (NYSE: BLND) reported Q2 2026 revenue of $33.8 million, up 7% year-over-year, with software platform revenue of $31.4 million and professional services revenue of $2.4 million. GAAP gross margin was 74% and non-GAAP gross margin improved to 78% from 76% a year earlier.
GAAP operating loss narrowed to $1.6 million from $4.8 million, while non-GAAP operating income rose to $7.0 million from $4.6 million. The company repurchased 11.0 million shares for $18.2 million, leaving $13.2 million on its existing authorization and ending the quarter with 236.5 million common shares outstanding.
According to Blend, Q3 2026 guidance calls for total revenue of $31.5–$33.5 million and non-GAAP operating income of $3.5–$4.5 million. The company also highlighted the July 1 commercial availability of its Autopilot offering, with six lenders signed.
Blend (NYSE: BLND) announced that Co-Founder and Head of Blend, Nima Ghamsari, will participate in a fireside chat at the Canaccord Genuity 46th Annual Growth Conference on Wednesday, August 12, 2026 at 1 p.m. ET. A live webcast and replay will be available in the “Events & Presentations” section of Blend’s investor relations website at investor.blend.com.
Blend (NYSE: BLND) launched the Autopilot analytics agent, an AI tool that gives lenders real-time visibility into borrower activity and funnel performance from application start through close. The agent lets users query their Blend point-of-sale (POS) data in plain English and receive dashboards, benchmarks, and alerts within seconds.
According to Blend, the agent provides real-time pipeline tracking, threshold-based alerts via email, Slack, or Microsoft Teams, internal and external benchmarking using anonymized peer data, and collaborative, customizable dashboards. Built on data from more than 50 million consumer loan applications and about $1.3 trillion in annual loan applications, it helps lenders understand stalls, drop-offs, and borrower experience across branches, regions, and products. Autopilot analytics is available immediately for Blend Home Lending customers, including Mortgage and Home Equity.
Blend (NYSE: BLND) announced that its second quarter 2026 financial results will be released after market close on Thursday, August 6, 2026. The company will hold a conference call to discuss the results at 1:30 p.m. PT / 4:30 p.m. ET the same day.
According to Blend, investors can access a live webcast of the call, the earnings press release, financial information, and a slide presentation via its Investor Relations website at investor.blend.com. A replay of the call will also be available on the same site after the event.
Blend (NYSE: BLND) announced the first commercial customers for Autopilot, its agentic AI for mortgage pre-underwriting, following a four-month preview. Five lenders, including Onity Mortgage, activated Autopilot across more than 25,500 loans. Autopilot is now commercially available to Blend mortgage customers with ongoing, feedback-driven improvements.
Blend (NYSE: BLND) announced an expanded integration with MeridianLink Mortgage, MeridianLink Consumer, and DecisionLender, covering mortgage, home equity, lines of credit, and a full suite of consumer lending products.
The partnership enables secure data sharing and white-labeled digital applications, aiming to streamline loan origination and provide a cohesive borrower and banker experience.
Blend (NYSE: BLND) reports that CrossCountry Mortgage used Blend Close to streamline mortgage closings across 1,000+ branches. Average closing time dropped from about 2 hours to 45 minutes, fastest deals finish in 25–30 minutes, and post-closing signature errors fell to 0%, while investor suspenses declined.
Blend (NYSE: BLND) reported Q1 2026 results: revenue $30.8M (+15% YoY), software revenue $28.0M (+15%), and professional services $2.9M. GAAP gross margin was 76% and non-GAAP gross margin 80%. GAAP operating loss narrowed to $5.1M; non-GAAP operating income was $4.1M. The company repurchased 11.2M shares for $18.6M with $31.4M remaining. Blend added or expanded 15 customer relationships and said pipeline grew >40% YoY. Q2 2026 guidance: revenue $32.0M–$34.0M, non-GAAP operating income $5.5M–$6.5M.
Blend (NYSE: BLND) launched Autopilot MCP, a server using the Model Context Protocol that gives authorized AI agents programmatic access to Blend's full origination platform.
Key capabilities include agentic workflow execution, institution-specific configuration, continuous automatic platform updates, and built-in access controls with per-deployment credentials and full audit trails.
Blend Labs (NYSE: BLND) announced a partnership with Northfield Savings Bank to deploy Blend's Mortgage and Home Equity solutions. The agreement aims to modernize origination, automate borrower touchpoints, and enable loan officers to manage full workflows inside Blend.
Blend's automation and Loan Officer Toolkit are intended to reduce workflow friction, scale mortgage volume, and enhance the borrower experience for the Vermont mutual bank.