Beeline Holdings, Inc. reported substantial third-quarter 2025 performance metrics, with mortgage originations reaching $69.8 million, representing a 35% sequential increase from the previous quarter. The digital mortgage lender and SaaS platform also achieved a 37% revenue increase, bringing net revenue to $2.3 million for the quarter. These results come amid broader industry challenges in the mortgage sector, making the company's growth trajectory particularly noteworthy.
The company demonstrated improved operational efficiency, with operating expenses declining 8% to $5.2 million during the third quarter. Adjusted EBITDA showed substantial improvement, moving from $(2.8) million in Q2 to $(2.0) million in Q3. Beeline posted a Q3 net loss of $(4.0) million, which included a $718,000 one-time disposition expense related to its spirits business operations. The company's performance metrics suggest a positive trend in managing costs while scaling operations.
October 2025 proved to be a particularly strong month for the company, with originations reaching $35.3 million, marking Beeline's strongest monthly performance since the mortgage market downturn began. Management expects this momentum to continue, projecting fourth-quarter originations to increase approximately 65% from Q3 levels. This forecast, if achieved, would represent significant acceleration in the company's growth rate and market penetration.
Perhaps most significantly, Beeline management projects operating profitability for Beeline Loans in November 2025, with the parent company, Beeline Holdings, expected to reach profitability by early Q1 2026. This timeline provides investors with a clear path to financial sustainability following the company's current growth phase. The company's approach combines blockchain technology, automation, and digital customer experience to streamline the mortgage and home-equity process. For additional information about the company's performance and strategic direction, investors can access the full press release at https://ibn.fm/q0UeY. The latest news and updates relating to BLNE are available in the company's newsroom at https://ibn.fm/BLNE. These developments come at a critical time for the mortgage industry, as digital lenders continue to gain market share from traditional institutions through technological innovation and improved customer experiences.
