Beeline Holdings (NASDAQ: BLNE) announced its first-quarter 2026 financial results, showing net revenue of $2.7 million, more than double the $1.3 million reported in the same period last year. The 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.
The company reported a net loss of $5.3 million for the quarter, improving 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 year-ago period, reflecting ongoing operational efficiencies.
Beeline Holdings, a next-generation mortgage and home equity service company, continues to expand its capital-light BeelineEquity platform. The company reiterated its goal of reaching a $100 million revenue run rate by the end of 2027. By combining blockchain technology, automation, and a customer-first digital experience, Beeline aims to simplify the path to homeownership and liquidity.
For more details, the full press release is available at https://ibn.fm/Qt5c5.
Forward-looking statements in this article involve risks and uncertainties, as detailed in the company's filings with the SEC. See full terms and disclaimers at http://IBN.fm/Disclaimer.
