| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 187.82 | 2.5% | 9.2% |
| Total Income | 187.82 | 2.5% | 9.2% |
| Expenditure | 131.69 | 0.9% | 8.1% |
| PBT | 12.77 | 30.3% | 5.9% |
| Net Profit | 16.48 | 102.7% | 98.8% |
| OPM | 5.85% | 2.45pp | 1.47pp |
| NPM | 8.78% | 4.34pp | 3.96pp |
| EPS | 0.28 | 100.0% | 115.4% |
BlackLine Announces Second Quarter 2026 Financial Results
05 Aug 2026 · 5 Aug, 1:43 am
Summary
BlackLine, Inc. reported second quarter 2026 financial results with total GAAP revenues of $187.8 million, an increase of 9.2% year-over-year. The company saw improvements in both GAAP operating margin, which rose to 5.9% from 4.4%, and non-GAAP operating margin, which reached 23.3% from 22.1%. GAAP net income attributable to BlackLine was $16.5 million, or $0.27 per diluted share, a significant increase from $8.3 million, or $0.13 per diluted share in the prior year. Management expressed confidence in the business momentum, noting that AI is reshaping the Office of the CFO and BlackLine is meeting that moment with accelerating adoption of its Verity agents.
Key Highlights
- 1
Total GAAP revenues reached $187.8 million for the second quarter of 2026, marking a 9.2% increase compared to the second quarter of 2025.
- 2
GAAP operating margin improved to 5.9% in Q2 2026, up from 4.4% in the prior year's second quarter.
- 3
Non-GAAP operating margin was 23.3% for Q2 2026, an increase from 22.1% in Q2 2025.
- 4
GAAP net income attributable to BlackLine was $16.5 million, or $0.27 per diluted share, compared to $8.3 million, or $0.13 per diluted share in Q2 2025.
- 5
Non-GAAP net income attributable to BlackLine was $42.9 million, or $0.61 per diluted share, up from $37.9 million, or $0.51 per diluted share in Q2 2025.
- 6
Billings increased by 5.9% to $193.0 million compared to the second quarter of 2025.
- 7
Remaining performance obligation grew by 16.8% to $1.1 billion compared to the second quarter of 2025.
Management Comments
Owen Ryan
I believe the first half of 2026 will prove to be the most consequential period in BlackLine's history. AI is reshaping the Office of the CFO, and we are meeting that moment. Our platform strategy is maturing and adoption of our Verity agents is accelerating across our base. That usage is now monetizing on two fronts, driving conversion to our platform and starting to generate direct revenue from our Verity agentic offerings. The world's most sophisticated enterprises are deepening their commitments to BlackLine. Deal timing was noisy this quarter as customers work through more rigorous, AI-driven evaluations, but the demand behind those opportunities is strong and durable, and we are more confident than ever in the growing momentum across our business.
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