diff --git a/src/LinkBubbleMenu/EditLinkMenuContent.tsx b/src/LinkBubbleMenu/EditLinkMenuContent.tsx
index b654a3e..be2ec84 100644
--- a/src/LinkBubbleMenu/EditLinkMenuContent.tsx
+++ b/src/LinkBubbleMenu/EditLinkMenuContent.tsx
@@ -1,19 +1,25 @@
 import { Button, DialogActions, TextField, Typography } from "@mui/material";
 import { getMarkRange, getMarkType, type Editor } from "@tiptap/core";
-import encodeurl from "encodeurl";
-import {
-  useCallback,
-  useEffect,
-  useRef,
-  useState,
-  type ReactNode,
-} from "react";
+import { useEffect, useRef, useState, type ReactNode } from "react";
 import useKeyDown from "../hooks/useKeyDown";
+import { formatHref as formatHrefDefault } from "../utils/links";
 
 export type EditLinkMenuContentProps = {
   editor: Editor;
   onCancel: () => void;
   onSave: ({ text, link }: { text: string; link: string }) => void;
+  /**
+   * Function to format the `href` value the user entered for the link, when a
+   * user has finished typing (`onBlur` or when pressing Enter). Takes in the
+   * user-entered input value and returns the formatted value.
+   *
+   * If not provided, the default behavior:
+   *  - trims leading/trailing whitespace
+   *  - ensures the value has a protocol (http://) if it doesn't already, unless
+   *    it's a relative URL (starting with "/") or anchor (starting with "#")
+   *  - URL-encodes the result
+   */
+  formatHref?: (value: string) => string;
   /** Override default text content/labels used within the component. */
   labels?: {
     /** Menu title shown when adding a new link. */
@@ -37,6 +43,7 @@ export default function EditLinkMenuContent({
   onCancel,
   onSave,
   labels,
+  formatHref = formatHrefDefault,
 }: EditLinkMenuContentProps) {
   const existingHref = editor.isActive("link")
     ? (editor.getAttributes("link").href as string)
@@ -93,36 +100,12 @@ export default function EditLinkMenuContent({
   // If the user presses escape, we should cancel
   useKeyDown("Escape", onCancel);
 
-  const formatHref = useCallback(() => {
+  function formatAndSetHref() {
     if (!hrefRef.current) {
       return;
     }
-
-    // Parse what the user typed in. Unless the value is explicitly a relative
-    // URL (starting with "/" or "#"), add a protocol if they typed in a value
-    // that doesn't include a protocol. (This also includes mailto:, tel:, and
-    // sms: since they are also valid for `href`
-    // https://developer.mozilla.org/en-US/docs/Web/HTML/Element/a#attr-href,
-    // and Tiptap has builtin autolink support for email address conversion to
-    // mailto.) This protocol-adding behavior is what Slack does, and seems
-    // reasonable to ensure it's more likely a valid/expected URL (e.g. if
-    // someone types "example.com", we should accept it and treat it as
-    // "http://example.com", not a relative path on the current site).
-    let currentHrefValue = hrefRef.current.value.trim();
-    if (
-      currentHrefValue &&
-      !/^(https?:\/\/|mailto:|tel:|sms:|\/|#)/.test(currentHrefValue)
-    ) {
-      currentHrefValue = `http://${currentHrefValue}`;
-    }
-
-    // URL-encode any characters that wouldn't be valid. We use `encodeurl`
-    // instead of the builtin `encodeURI` so that if there are any
-    // already-encoded sequences, they're not double-encoded and thus broken.
-    // (Useful for instance when a user pastes a URL into the form with complex
-    // and already-encoded parameters.)
-    setHrefValue(encodeurl(currentHrefValue));
-  }, []);
+    setHrefValue(formatHref(hrefRef.current.value));
+  }
 
   const [isSubmitting, setIsSubmitting] = useState(false);
 
@@ -167,13 +150,13 @@ export default function EditLinkMenuContent({
         margin="dense"
         size="small"
         type="text" // "text" instead of "url" so that we can allow relative URLs
-        onBlur={formatHref}
+        onBlur={formatAndSetHref}
         onKeyDown={(event) => {
           // If the user is trying to submit the form directly from the href field, make
           // sure we first format what they entered (which will update it to allow it to
           // pass URL field validation)
           if (event.key === "Enter") {
-            formatHref();
+            formatAndSetHref();
           }
         }}
         fullWidth
diff --git a/src/LinkBubbleMenu/index.tsx b/src/LinkBubbleMenu/index.tsx
index 8c9aefe..244daf1 100644
--- a/src/LinkBubbleMenu/index.tsx
+++ b/src/LinkBubbleMenu/index.tsx
@@ -26,6 +26,7 @@ export interface LinkBubbleMenuProps
    */
   labels?: ViewLinkMenuContentProps["labels"] &
     EditLinkMenuContentProps["labels"];
+  formatHref?: EditLinkMenuContentProps["formatHref"];
 }
 
 const useStyles = makeStyles({ name: { LinkBubbleMenu } })((theme) => ({
@@ -53,6 +54,7 @@ const useStyles = makeStyles({ name: { LinkBubbleMenu } })((theme) => ({
  */
 export default function LinkBubbleMenu({
   labels,
+  formatHref,
   ...controlledBubbleMenuProps
 }: LinkBubbleMenuProps) {
   const { classes } = useStyles();
@@ -135,6 +137,7 @@ export default function LinkBubbleMenu({
           editor.commands.closeLinkBubbleMenu();
         }}
         labels={labels}
+        formatHref={formatHref}
       />
     );
   }
diff --git a/src/utils/index.ts b/src/utils/index.ts
index 6c26291..04c2f3e 100644
--- a/src/utils/index.ts
+++ b/src/utils/index.ts
@@ -5,6 +5,7 @@ export { getAttributesForMarks } from "./getAttributesForMarks";
 export { getAttributesForNodes } from "./getAttributesForNodes";
 export * from "./images";
 export { default as keymapPluginFactory } from "./keymapPluginFactory";
+export * from "./links";
 export { getModShortcutKey, isMac, isTouchDevice } from "./platform";
 export { default as slugify } from "./slugify";
 export { default as truncateMiddle } from "./truncateMiddle";
diff --git a/src/utils/links.ts b/src/utils/links.ts
new file mode 100644
index 0000000..f09844f
--- /dev/null
+++ b/src/utils/links.ts
@@ -0,0 +1,41 @@
+import encodeurl from "encodeurl";
+
+/**
+ * Format the `href` value for a link, when a user has finished typing.
+ *
+ * This function:
+ *  - trims leading/trailing whitespace
+ *  - ensures the value has a protocol (http://) if it doesn't already, unless
+ *    it's a relative URL (starting with "/") or anchor (starting with "#")
+ *  - URL-encodes the result
+ *
+ * @param value The value to format as an href (user-entered input value)
+ * @returns The formatted value
+ */
+
+export function formatHref(value: string): string {
+  // Unless the value is explicitly a relative URL (starting with "/" or "#"),
+  // add a protocol if they typed in a value that doesn't include a protocol.
+  // (This also includes mailto:, tel:, and sms: since they are also valid for
+  // `href`
+  // https://developer.mozilla.org/en-US/docs/Web/HTML/Element/a#attr-href, and
+  // Tiptap has builtin autolink support for email address conversion to
+  // mailto.) This protocol-adding behavior is what Slack does, and seems
+  // reasonable to ensure it's more likely a valid/expected URL (e.g. if someone
+  // types "example.com", we should accept it and treat it as
+  // "http://example.com", not a relative path on the current site).
+  let currentHrefValue = value.trim();
+  if (
+    currentHrefValue &&
+    !/^(https?:\/\/|mailto:|tel:|sms:|\/|#)/.test(currentHrefValue)
+  ) {
+    currentHrefValue = `http://${currentHrefValue}`;
+  }
+
+  // URL-encode any characters that wouldn't be valid. We use `encodeurl`
+  // instead of the builtin `encodeURI` so that if there are any
+  // already-encoded sequences, they're not double-encoded and thus broken.
+  // (Useful for instance when a user pastes a URL into the form with complex
+  // and already-encoded parameters.)
+  return encodeurl(currentHrefValue);
+}