Quarterly ResultAug 4, 2026, 04:08 PM
BlackLine Q2 Revenue +9.2% to $187.8M; Non-GAAP EPS $0.61
AI Summary
BlackLine, Inc. announced strong financial results for the second quarter ended June 30, 2026, with total GAAP revenues increasing 9.2% to $187.8 million and non-GAAP diluted EPS reaching $0.61. The company reported significant improvements in operating and free cash flow, alongside an increase in its remaining performance obligation. BlackLine also expanded its stock buyback program by $100 million and provided an optimistic outlook for Q3 and the full year 2026, driven by accelerating adoption of its AI-powered platform.
Key Highlights
- Total GAAP revenues increased 9.2% to $187.8 million.
- GAAP net income attributable to BlackLine was $16.5 million, or $0.27 per diluted share.
- Non-GAAP net income attributable to BlackLine was $42.9 million, or $0.61 per diluted share.
- Non-GAAP operating margin improved to 23.3% from 22.1% year-over-year.
- Operating cash flow rose to $45.0 million, and free cash flow to $36.5 million.
- Remaining performance obligation grew 16.8% to $1.1 billion.
- Company announced a $100 million increase to its stock buyback program.
- Q3 2026 GAAP revenue guidance set at $193 million to $195 million.
Price Impact
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