Short answer
Blend Labs, Inc. (BLND) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $34M (up 7.3% year over year) with net income of −$1M.
Q2 2026 key financials · XBRL
- Revenue
- $34M
- +7.3% YoY · +9.7% QoQ
- Net income
- −$1M
- +77.7% YoY · +81.6% QoQ
- Operating margin
- -4.7%
- Gross margin
- 73.5%
- EPS (diluted)
- −$0.03
- +40.0% QoQ
Source: XBRL data from the Blend Labs, Inc. (BLND) Q2 2026 10-Q on SEC EDGAR. USD.
Blend Labs, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 2026 mortgage transactions increased from Q1 2026, primarily reflecting seasonal purchase-market trends
- Title operations divestiture completed March 1, 2026, with Title segment results presented as discontinued operations
- Platform-first strategy and partner ecosystem expansion following exit from capital-intensive title agency business
- Mortgage volumes remain sensitive to Federal Reserve policy, tariffs, trade relations, and potential economic downturn
Risk Factors
- No material changes identified; risk factors largely carried forward from the 10-K
- Regulatory risk: customer regulators may require termination or limitation of Blend relationships
- Market risk: higher interest rates reduced mortgage borrowing, refinancing, and platform transaction volumes
- Competitive risk: larger, better-capitalized rivals may pressure pricing and customer retention
- Financial risk: top five customers represented 39% of 2025 revenue; 25 customers represented 75%
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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