Quarterly ResultMay 5, 2026, 04:12 PM
BlackLine Q1 Revenue +9.7% to $183.2M; Raises Full-Year Outlook
AI Summary
BlackLine, Inc. announced solid first-quarter 2026 financial results, with total GAAP revenues increasing 9.7% year-over-year to $183.2 million and GAAP net income rising 32.8% to $8.1 million. Non-GAAP diluted EPS grew to $0.56. The company raised its full-year 2026 GAAP revenue outlook to a range of $765 million to $769 million, driven by strong execution and platform strategy momentum. BlackLine also repurchased 1.2 million shares for $47.1 million and highlighted new AI initiatives.
Key Highlights
- Q1 2026 GAAP revenues increased 9.7% year-over-year to $183.2 million.
- Q1 2026 GAAP net income attributable to BlackLine rose 32.8% to $8.1 million, or $0.13 per diluted share.
- Q1 2026 Non-GAAP diluted net income was $0.56 per share, up from $0.49 in Q1 2025.
- Full-year 2026 GAAP revenue outlook raised to a range of $765 million to $769 million.
- Repurchased approximately 1.2 million shares of common stock for $47.1 million.
- Q1 2026 free cash flow was $35.8 million, an increase of 9.8% year-over-year.
- Total customers reached 4,301 at March 31, 2026.
- Dollar-based net revenue retention rate was 105% at March 31, 2026.