Beeline Holdings, Inc. (NASDAQ: BLNE) released its first-quarter 2026 financial results, showing revenue growth and improved loss metrics. The company reported net revenue of $2.7 million for the quarter ended March 31, 2026, more than double the $1.3 million reported in the same period last year. Revenue growth was driven by a significant 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, improved from a 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 and reiterated its goal of reaching a $100 million revenue run rate by the end of 2027.
The results reflect Beeline's focus on leveraging technology to streamline the mortgage and home equity process. By combining blockchain technology, automation, and a customer-first digital experience, Beeline aims to make financing a home faster, fairer, and more transparent. The company's platform is designed to simplify the path to homeownership and liquidity.
The company's newsroom provides the latest updates on BLNE at https://ibn.fm/BLNE. For the full press release, visit https://ibn.fm/Qt5c5.
Beeline Holdings is a next-generation mortgage and home equity service company. The company's use of blockchain technology and automation aims to improve efficiency and transparency in the home financing process. The first-quarter results indicate progress toward the company's long-term revenue goals, despite ongoing net losses. The improvement in adjusted EBITDA loss suggests operational efficiencies are being realized.
