Beeline Holdings, Inc. (NASDAQ: BLNE) reported financial results for the first quarter of 2026, showing significant revenue growth and improved loss metrics. The company achieved net revenue of $2.7 million for the quarter, more than double the $1.3 million reported in the same period last year. This growth was driven by a substantial increase in loan originations, which reached $85.6 million across 288 loans, compared to $39.8 million across 128 loans in the prior-year quarter.
Beeline reported a net loss of $5.3 million for the first quarter, an improvement from the net loss of $6.9 million in the first quarter of 2025. Adjusted EBITDA loss narrowed to $3.0 million from $3.8 million in the prior-year period. The company continues to expand its capital-light BeelineEquity platform, which is designed to provide homeowners with access to equity without incurring monthly payments. Beeline reiterated its goal of reaching a $100 million revenue run rate by the end of 2027.
Beeline is a next-generation mortgage and home equity service company that simplifies the path to homeownership and liquidity. By combining blockchain technology, automation, and a customer-first digital experience, Beeline aims to make financing a home or unlocking its value faster, fairer, and more transparent. The company's focus on technology-driven solutions positions it to capture market share in the evolving housing finance sector.
For more details, the full press release is available at https://ibn.fm/Qt5c5. Investors seeking the latest news and updates regarding BLNE can visit the company's newsroom at https://ibn.fm/BLNE.
