Blend Labs Inc (NYSE:BLND)
$ 1.63 -0.32 (-16.41%) Market Cap: 385.52 Mil Enterprise Value: 342.69 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 49/100

Q1 2026 Blend Labs Inc Earnings Call Transcript

May 07, 2026 / 08:30PM GMT
Release Date Price: $1.62 (+1.25%)
Operator

Hello, everyone. Thank you for joining us and welcome to Blend Lab's first quarter 2026 earnings call. (Operator Instructions)

I would now like to hand the conference over to management for prepared remarks. Please go ahead.

Meg Nunnally
Blend Labs Inc - Head of Investor Relations

Good afternoon, and welcome to Blend's financial results conference call for the first quarter of 2026. I'm Meg Nunnally, Blend's Head of Investor Relations. Joining me today is Nima Ghamsari, our Co-founder and Head of Blend, and Jason Rehm, our Head of Finance and Administration.

Before we start today's call, I'd like to note that we refer to certain non-GAAP measures, which are reconciled to GAAP measures in today's earnings release and in the appendix of our supplemental slides. Non-GAAP measures are not intended to be a substitute for GAAP results. Unless otherwise stated, all financial measures we'll discuss today, including our profitability, refer to non-GAAP.

Also, certain statements made during today's conference call regarding Blend and its

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