Jun 2026 (Q2 FY26) — Aug 6, 2026
Blend Labs Q2 FY26 — Autopilot Commercialization and Internal AI Transformation Drive Optimism Amidst Macro Headwinds
Read the full callBlend Labs (BLND) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Blend Labs earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 33.8 | +7.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -4.7 | +10.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -1.5 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$1 +8.70% · +$0.08
Performance −70.1% 1Y
1Y: $3.34 on 14 Oct 2025 → $1. High $3.56 (24 Oct 2025), low $0.92 (14 Oct 2026).
- Previous close
- $0.92
- 52-week range
- $0.92 – $3.56
- One year
- −69.42%
Overview
- Symbol
- BLND
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Blend Labs earnings calls (BLND)
Financials
What the filings say
Net profit, year on year: +78% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 41 | 27 | 32 | 33 | 32 | 31 | 34 |
| Operating profit | -11 | -2 | -8 | -5 | -5 | -5 | -5 | -2 |
| Operating margin | −34.1% | −4.3% | −29.7% | −15.3% | −16.4% | −15.3% | −16.4% | −4.7% |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Profit before tax | -1 | -1 | -7 | -4 | 12 | -4 | -5 | -1 |
| Tax rate | −3.4% | −3.8% | −0.4% | −1.1% | 0.2% | −1.1% | −1.3% | −8.8% |
| Net profit | -2 | -1 | -10 | -7 | 12 | -7 | -8 | -1 |
| EPS ($ per share) | -0.03 | — | -0.06 | -0.04 | 0.02 | — | -0.05 | -0.03 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -273 | -443 | -1,163 | -1,342 | -1,385 | -1,392 |
| Total liabilities | — | 52 | 302 | 269 | 179 | 40 | 41 |
| Fixed assets | — | 5 | 6 | 6 | 4 | 12 | 23 |
| Investments | — | — | 334 | 230 | 106 | 56 | 25 |
| Total assets | — | 216 | 1,112 | 433 | 206 | 178 | 170 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -59 | -65 | -128 | -190 | -128 | -13 | 12 |
| Cash from investing | -66 | -8 | -634 | 99 | 127 | 45 | 19 |
| Cash from financing | 133 | 91 | 934 | 2 | -91 | -21 | -33 |
| Net cash flow | 8 | 18 | 172 | -89 | -91 | 11 | -3 |
| Capital expenditure | -1 | -1 | -2 | -2 | -0 | -10 | -12 |
| Free cash flow | -60 | -66 | -129 | -192 | -128 | -23 | -0 |
Insider filings
107 filings between Oct 20, 2025 and Oct 12, 2026.
Open market
decisions to buy or sellPurchases
$33.70M
34 purchases by 1 insider
Sales
$559.0K
15 sales by 6 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 38
- Option exercise — converted options into shares
- 19
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 other.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Haveli Investments, L.P. | $33.70M | — | Aug 17, 2026 |
| Kneafsey Brian | — | $227.6K | Jan 15, 2026 |
| Ghamsari Nima | — | $124.2K | Oct 12, 2026 |
| Venkatramani Srinivasan | — | $106.8K | Sep 11, 2026 |
| Tkach Oxana | — | $56.2K | Aug 17, 2026 |
| Thomson Matthew Christopher | — | $30.1K | Aug 5, 2026 |
| Ling Winnie | — | $14.0K | Oct 20, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 12, 2026 | Ghamsari Nima HEAD OF BLEND | Sale 10b5-1 plan | 25,098 | $24.5K |
| Oct 5, 2026 | Ghamsari Nima HEAD OF BLEND | Sale 10b5-1 plan | 24,272 | $24.7K |
| Sep 28, 2026 | Ghamsari Nima HEAD OF BLEND | Sale 10b5-1 plan | 22,523 | $24.8K |
| Sep 21, 2026 | Ghamsari Nima HEAD OF BLEND | Sale 10b5-1 plan | 21,009 | $25.0K |
| Sep 14, 2026 | Ghamsari Nima HEAD OF BLEND | Sale 10b5-1 plan | 17,731 | $25.3K |
| Sep 11, 2026 | Venkatramani Srinivasan Head of Product Tech & Cust Op | Sale 10b5-1 plan | 74,705 | $106.8K |
| Aug 20, 2026 | Venkatramani Srinivasan Head of Product Tech & Cust Op | Tax withheld | 29,372 | $44.1K |
| Aug 20, 2026 | Ghamsari Nima HEAD OF BLEND | Option exercise | 125,000 | — |
| Aug 20, 2026 | Thomson Matthew Christopher Head of Revenue | Tax withheld | 24,350 | $36.5K |
| Aug 20, 2026 | Ghamsari Nima HEAD OF BLEND | Tax withheld | 241,701 | $362.6K |
| Aug 20, 2026 | Ghamsari Nima HEAD OF BLEND | Option exercise | 114,229 | — |
| Aug 20, 2026 | Venkatramani Srinivasan Head of Product Tech & Cust Op | Option exercise | 81,250 | — |
| Aug 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Option exercise | 31,250 | — |
| Aug 20, 2026 | Thomson Matthew Christopher Head of Revenue | Option exercise | 100,000 | — |
| Aug 20, 2026 | Ghamsari Nima HEAD OF BLEND | Option exercise | 375,000 | — |
| Aug 20, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Option exercise | 12,500 | — |
| Aug 20, 2026 | Ream Jason Head of Finance and Admin. | Option exercise | 550,000 | — |
| Aug 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Tax withheld | 25,385 | $38.1K |
| Aug 20, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Option exercise | 25,000 | — |
| Aug 20, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Tax withheld | 10,667 | $16.0K |
| Aug 20, 2026 | Ream Jason Head of Finance and Admin. | Tax withheld | 133,926 | $200.9K |
| Aug 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Option exercise | 39,164 | — |
| Aug 17, 2026 | Haveli Investments, L.P. Director | Purchase | 17,397 | $25.1K |
| Aug 17, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Sale 10b5-1 plan | 21,209 | $30.7K |
| Aug 5, 2026 | Thomson Matthew Christopher Head of Revenue | Sale 10b5-1 plan | 15,041 | $30.1K |
| Jun 15, 2026 | Haveli Investments, L.P. Director | Purchase | 650,000 | $1.12M |
| Jun 12, 2026 | Haveli Investments, L.P. Director | Purchase | 256,928 | $436.2K |
| Jun 11, 2026 | Haveli Investments, L.P. Director | Purchase | 250,000 | $435.1K |
| Jun 11, 2026 | Sullivan Bryan Edmund Director | Option exercise | 50,000 | — |
| Jun 11, 2026 | Woersching Eric H. Director | Option exercise | 50,000 | — |
| Jun 11, 2026 | Chen Gerald C. Director | Option exercise | 50,000 | — |
| Jun 11, 2026 | Lantz Erin N Director | Option exercise | 50,000 | — |
| Jun 11, 2026 | Mayopoulos Timothy J Director | Option exercise | 50,000 | — |
| Jun 10, 2026 | Haveli Investments, L.P. Director | Purchase | 723,460 | $1.21M |
| Jun 9, 2026 | Haveli Investments, L.P. Director | Purchase | 178,677 | $303.9K |
| Jun 8, 2026 | Haveli Investments, L.P. Director | Purchase | 216,798 | $368.2K |
| Jun 5, 2026 | Haveli Investments, L.P. Director | Purchase | 28,299 | $45.3K |
| Jun 3, 2026 | Haveli Investments, L.P. Director | Purchase | 240,307 | $376.1K |
| May 27, 2026 | Haveli Investments, L.P. Director | Purchase | 1,600 | $2.4K |
| May 26, 2026 | Haveli Investments, L.P. Director | Purchase | 243,805 | $355.7K |
| May 22, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Sale 10b5-1 plan | 5,625 | $8.8K |
| May 22, 2026 | Haveli Investments, L.P. Director | Purchase | 798,223 | $1.18M |
| May 21, 2026 | Haveli Investments, L.P. Director | Purchase | 8,117 | $12.2K |
| May 20, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Option exercise | 12,500 | — |
| May 20, 2026 | Tkach Oxana PRINCIPAL ACCOUNTING OFFICER | Option exercise | 25,000 | — |
| May 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Tax withheld | 25,385 | $37.6K |
| May 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Option exercise | 39,164 | — |
| May 20, 2026 | Ling Winnie HEAD OF LEGAL AND PEOPLE | Option exercise | 31,250 | — |
| May 20, 2026 | Ghamsari Nima HEAD OF BLEND | Tax withheld | 241,701 | $357.7K |
| May 20, 2026 | Ghamsari Nima HEAD OF BLEND | Option exercise | 114,229 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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