Blend Labs reports Q2 EPS (1c), consensus 2c

Reports Q2 revenue $31.5M, consensus $31.93M. “We started 2025 ready to execute by leveraging our strength as a platform company, and our solid execution is reflected in our second quarter results,” said Blend’s Co-founder & CEO Nima Ghamsari. “Blend’s sales momentum accelerated in the second quarter, with 23 new or expanded deals, which is double the first quarter result. This growth was driven by a healthy mix of new customer acquisitions and deep product expansions, reinforcing Blend’s position as a long-term, multi-product platform partner. With our simplified, platform focus, we’re staying ready to capitalize when volumes recover.”