Quarterly ResultMay 7, 2026, 04:54 PM
BlackLine Q1 Revenue $183.2M, Net Income $8.1M; EPS $0.13
AI Summary
BlackLine reported a strong first quarter for 2026, with total revenues increasing by 9.7% to $183.2 million and net income attributable to BlackLine, Inc. rising 34.2% to $8.1 million. Diluted EPS grew to $0.13 from $0.10 year-over-year. The company also repaid $230.2 million in convertible senior notes and repurchased $46.0 million of common stock during the quarter.
Key Highlights
- Total revenues increased 9.7% to $183.2 million for the quarter ended March 31, 2026.
- Net income attributable to BlackLine, Inc. rose 34.2% to $8.1 million.
- Diluted net income per share was $0.13, up from $0.10 in Q1 2025.
- Subscription and support revenue grew 9.6% to $173.7 million.
- Repaid $230.2 million in 0.00% 2026 Convertible Senior Notes.
- Repurchased $46.0 million of common stock during the quarter.
- Net cash provided by operating activities was $46.3 million.
- Restructuring costs decreased to $1.7 million from $5.3 million year-over-year.
Price Impact
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