Quarterly ResultMay 14, 2026, 04:13 PM
Beeline Q1 Revenue Doubles to $2.7M; Net Loss Narrows 24%
AI Summary
Beeline Holdings, Inc. announced strong financial results for the first quarter of 2026, with net revenue more than doubling year-over-year to $2.7 million and increasing 7% sequentially. The company significantly narrowed its net loss by 24% to $5.3 million and improved its Adjusted EBITDA loss by 22% to $3.0 million. Beeline also reported continued progress on its capital-light, fee-based BeelineEquity platform and reiterated its target of a $100 million revenue run rate by the end of 2027.
Key Highlights
- Net revenue doubled year-over-year to $2.7 million, up 7% sequentially.
- Loan originations increased to $85.6 million across 288 loans from $39.8 million.
- Net loss narrowed by 24% year-over-year to $5.3 million.
- Adjusted EBITDA loss improved by 22% year-over-year to $3.0 million.
- Operating expenses, excluding stock-based compensation, increased 18% on 116% revenue growth.
- Ended Q1 with $1.9 million in cash and $50.9 million in shareholders equity, with no corporate debt.
- Company targets a $100 million revenue run rate as it exits 2027.