BLACKLINE, INC.

BlackLine, Inc. announced the general availability of Verity Prepare, an AI system designed to automate the most manual and time-consuming financial close processes. This multi-agent AI system analyzes supporting documentation, matches transactions, identifies reconciliation differences, and prepares audit-ready reconciliations while maintaining governance and human oversight. Early adopters have reported significant efficiency gains, with manual reconciliation preparation time reduced by up to 92%.

BlackLine, Inc. announced the opening of its new Birmingham office at 10 Brindleyplace. This new location provides a modern, collaborative workspace designed to support the company's growing UK team. The move signifies BlackLine's continued investment in its employees, culture, and long-term commitment to Birmingham as an important hub for innovation and growth, supporting its next phase of expansion.

BlackLine, Inc. announced the launch of new governance and oversight features within its Agentic Financial Operations™ platform. This includes the new Finance Control™ console, designed to provide a centralized interface for securing, monitoring, and governing AI activities at scale within financial operations. The new features aim to help financial teams deploy AI confidently while maintaining control, ensuring traceability, and meeting compliance requirements. BlackLine also initiated a pilot program for the Finance Control console with professional clients and strategic partners.

BlackLine, Inc. announced new governance and observability capabilities within its Agentic Financial Operations Platform, introducing the Finance Control Console. This console is designed to provide a centralized layer for safeguarding and monitoring AI-driven financial activities at scale, ensuring compliance, managing risk, and maintaining accountability. The company also launched a preview program for enterprise customers to help shape the future of AI governance in finance, aiming to accelerate AI adoption while preserving financial integrity.

BlackLine, Inc. announced it received multiple prestigious awards, including the Best AI/ML-based Solution at the 2026 FinTech Tech Ascension Awards for its Agentic Financial Operations Platform. Additionally, BlackLine earned four 2026 TrustRadius Top Rated Awards based on verified customer satisfaction in categories such as Financial Close and Accounts Receivable. These accolades underscore BlackLine's leadership in combining innovative AI technology with proven customer results in the finance function.

BlackLine, Inc. announced that its management team will participate in two upcoming investor conferences in early June 2026. The company will attend the Baird 2026 Global Consumer, Technology & Services Conference on June 2 in New York and the William Blair 46th Annual Growth Stock Conference on June 3 in Chicago. Webcasts of the presentations will be accessible via BlackLine's investor relations website.

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.

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.

BlackLine, Inc. announced it will release its first quarter financial results for the period ended March 31, 2026, after market close on Tuesday, May 5, 2026. Following the release, management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results. A live webcast and replay of the call will be accessible via the company's investor relations website.

BlackLine, Inc. announced "Agentic Financial Operations," a new operating model designed to address AI trust and governance challenges for finance and accounting. Unveiled at its BeyondTheBlack London conference, this solution offers a "glass box" architecture, enabling CFOs to confidently scale AI with transparency and auditability. The company also launched a dedicated AI Innovation Hub, signifying a strategic investment in the future of trusted AI. Early adopters of Verity Prepare saw over 90% reduction in reconciliation creation time, and Verity Match achieved 80-90% match rates.