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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) 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.
Blend (NYSE: BLND) will release its first quarter 2026 financial results after market close on May 7, 2026.
The company will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET the same day. A live link, earnings release, financials, slide presentation, and a replay will be available at the company investor relations website.
Blend (NYSE: BLND) reported preliminary fourth quarter and full year 2025 results, highlighted by full year revenue of $123.5M and non-GAAP operating income of $15.1M. Fourth quarter revenue was $32.4M with non-GAAP operating income of $5.4M.
The Board authorized a $50M share repurchase program and the company repurchased 5.1M shares in Q4, bringing year-to-date repurchases to $25M. Q1 2026 guidance: $28.5M–$30.0M revenue and $2.0M–$3.0M non-GAAP operating income. Results are preliminary and subject to completion of closing and audit.
Blend (NYSE: BLND) launched Blend Autopilot on March 3, 2026, an AI agent that completes loan origination reviews in as little as 15 seconds. The non-decisioning tool automates document review, compliance checks, follow-ups, and borrower communications in real time and is available in preview and free to activate via a single toggle in the Blend Lending Config Center.
Blend positions Autopilot to reduce manual effort, compress origination timelines versus typical 30–60 day cycles, and improve borrower engagement while leaving credit decisions to underwriters and AUS.
Blend Labs (NYSE: BLND) will release Q4 2025 financial results after market close on March 10, 2026.
The company will host a conference call the same day at 1:30 p.m. PT / 4:30 p.m. ET. According to the company, live audio, the earnings release, slides, and a replay will be available at investor.blend.com.
Blend (NYSE: BLND) will host a complimentary webinar on February 26, 2026 at 1:00 pm CST titled “The Insurance Gap: Protecting Margins and Closings in a High-Premium Market.” The session covers rising homeowner insurance costs, Evidence of Insurance (EOI) automation, competitive quoting, and lender best practices to reduce late-stage loan fallout.
Speakers include experts from Covered, STRATMOR, and Blend, targeting banks, credit unions, and mortgage lenders. Registration details are available on the webinar page.
Blend (NYSE: BLND) expanded its Verification of Income and Verification of Assets capabilities, adding Truework-powered Smart Outreach and Supplemental Asset Reports to streamline mortgage originations.
According to the company, Smart Outreach automates non-instant VOIE workflows and supplemental asset reports help meet the 10-day pre-closing VOE guideline; Blend reports 55% of VOIEs complete under 24 hours and 87% within 72 hours.