Beeline Holdings reports Q4 results

* Beeline Holdings press release [https://seekingalpha.com/pr/20455923-beeline-reports-127-percent-revenue-growth-and-improved-loan-economics] (BLNE [https://seekingalpha.com/symbol/BLNE]): Q4
* Revenue of $2.5M (+127.3% Y/Y) misses by $0.21M.
* Q4 2025 origination volume of $84.7 million, up 44% year-over-year
* Operating expenses increased, primarily reflecting $4.2 million in non-cash stock-based compensation; excluding this, operating expenses increased 19% on 127% revenue growth

* Launched the BeelineEquity platform and closed initial transactions recorded on the blockchain in the fourth quarter with a growing pipeline entering 2026

* Ended 2025 with no corporate debt, strengthening the balance sheet.
* Continued improvement in loan economics, including a 31% increase in average revenue per loan and an 18% decrease in average cost per loan, with the trend continuing into January of 2026

MORE ON BEELINE HOLDINGS

* Beeline Holdings: Scaling A Faster, Lower-Cost Mortgage Origination Model [https://seekingalpha.com/article/4877435-beeline-holdings-scaling-a-faster-lower-cost-mortgage-origination-model]
* Seeking Alpha’s Quant Rating on Beeline Holdings [https://seekingalpha.com/symbol/BLNE/ratings/quant-ratings]
* Historical earnings data for Beeline Holdings [https://seekingalpha.com/symbol/BLNE/earnings]
* Financial information for Beeline Holdings [https://seekingalpha.com/symbol/BLNE/income-statement]