BlackLine Inc

Latest Results (18.05.2026):

BlackLine, Inc. reported results for the first quarter of 2026, delivering 9.7% year‑over‑year GAAP revenue growth to $183.2 million, improved margins and profitability, solid free cash flow, and management raised its full‑year outlook while highlighting adoption of its AI-enabled platform offerings.

Revenue and billings

Total GAAP revenues were $183.2 million in Q1 2026, up 9.7% year‑over‑year. Billings were $173.7 million, up 9.2% versus Q1 2025. Remaining performance obligation (RPO) rose to $1.1 billion, up 17.9% year‑over‑year.

Profitability (GAAP and non‑GAAP)

GAAP operating margin improved to 3.4% (from 2.1% in Q1 2025). GAAP net income attributable to BlackLine, Inc. was $8.1 million, or $0.13 diluted. Non‑GAAP operating margin was 21.6% (vs. 20.9% a year ago); non‑GAAP net income was $39.6 million, or $0.56 diluted per share (vs. $36.3M / $0.49).

Cash flow, balance sheet and capital allocation

Operating cash flow was $46.3 million and free cash flow $35.8 million in the quarter. The company repurchased ~1.2 million shares for $47.1 million under its buyback program and had roughly $217.4 million of remaining repurchase capacity at March 31, 2026. Cash and marketable securities balances and notable debt activity are shown in the filings.

Customers and retention metrics

BlackLine served 4,301 customers at quarter end. Platform pricing ARR was 13% of eligible ARR, and dollar‑based net revenue retention was 105% as of March 31, 2026—signaling retention and upsell strength.

Guidance

Q2 2026 guidance: GAAP revenue $186–188 million; non‑GAAP operating margin 21.5%–22.5%; non‑GAAP net income $40–42 million ($0.57–$0.59 diluted on 73.3M shares). Full‑year 2026 guidance: GAAP revenue $765–769 million; non‑GAAP operating margin 24.0%–24.5%; non‑GAAP net income $174–182 million ($2.42–$2.53 diluted on 74.4M shares).

Strategic and other highlights

Management emphasized momentum in AI and platform strategy—unveiling "Agentic Financial Operations," launching an AI Innovation Hub in NYC, and growing adoption of Verity AI and Studio360. The quarter also included the retirement announcement of founder Therese Tucker. Results are preliminary pending Form 10‑Q filing.