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Stock impact report

Blend Labs signals resilient platform momentum with Q4 revenue guidance at $31M-$32.5M amid strategic focus on AI and consumer banking expansion [Seeking Alpha]

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Seeking Alpha
CEO Nima Ghamsari described the third quarter as reflecting "our team's strong execution and the increasing resilience of our business model," emphasizing that "we delivered total revenue just above the midpoint of Quick Insights Blend Labs faces headwinds from the expected churn of the Mr. Cooper home equity business, which will impact their mortgage revenue and market share, anticipated as a major share headwind in 2026. Blend Labs' pivot to higher-margin partnerships and expansion of the Consumer Banking Suite has increased non-cyclical revenue, raised consumer banking share from 29% to 39% year-over-year, and supported continued non-GAAP operating profitability despite some mortgage business declines. Blend Labs guides to slightly lower Q4 revenues ($31–32.5 million) and non-GAAP operating income ($2.5–3.5 million), citing seasonal impacts and churn; sequential volume decline is expected in Q1 2026 as normal seasonality returns. More Trending News Show less Read more
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