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BlackLine

BlackLine (BL) Q2 2026 Earnings

Reported Aug 4, 2026 at 4:05 PM ET · SEC Source

Q2 26 EPS

$0.61

BEAT +6.33%

Est. $0.57

Q2 26 Revenue

$187.8M

BEAT +0.42%

Est. $187.0M

vs S&P Since Q2 26

-10.3%

TRAILING MARKET

BL -9.9% vs S&P +0.5%

Market Reaction

Did BL Beat Earnings? Q2 2026 Results

BlackLine posted a clean beat on both lines in Q2 2026, extending its streak of topping consensus EPS estimates to four consecutive quarters as the financial automation software company demonstrated that its push into AI-driven finance tools is begin… Read more BlackLine posted a clean beat on both lines in Q2 2026, extending its streak of topping consensus EPS estimates to four consecutive quarters as the financial automation software company demonstrated that its push into AI-driven finance tools is beginning to translate into measurable financial results. Revenue rose 9.2% year-over-year to $187.82 million, edging past the $187.03 million consensus, while non-GAAP diluted EPS of $0.61 beat the $0.57 estimate by 6.33%, up from $0.51 in the year-ago period. The profitability improvement was underpinned by expanding margins, with non-GAAP operating margin widening to 23.3% from 22.1% a year earlier. The single clearest driver of the quarter's momentum was accelerating adoption of BlackLine's Verity AI agents, which are now generating revenue through both platform conversions and direct agentic offerings, with Verity Prepare reaching general availability in July. Free cash flow strengthened to $36.47 million from $25.39 million a year ago. Looking ahead, BlackLine guided Q3 revenue to $193 million to $195 million and full-year 2026 revenue to $765 million to $769 million, with full-year non-GAAP EPS of $2.47 to $2.54.

Key Takeaways

  • • 9.2% year-over-year total revenue growth
  • • Non-GAAP operating margin expansion to 23.3% from 22.1% year-over-year
  • • Remaining performance obligation grew 16.8% year-over-year to $1.1 billion
  • • Dollar-based net revenue retention rate of 102%
  • • Platform pricing ARR reached 17% of eligible ARR
  • • Accelerating adoption of Verity AI agents driving platform conversions and direct revenue

BL Forward Guidance & Outlook

For Q3 2026, BlackLine expects total GAAP revenue of $193 million to $195 million, non-GAAP operating margin of 24.5% to 25.5%, and non-GAAP net income of $45 million to $47 million ($0.62 to $0.65 per diluted share on 74.5 million shares). For full year 2026, the company expects total GAAP revenue of $765 million to $769 million, non-GAAP operating margin of 24.1% to 24.6%, and non-GAAP net income of $177 million to $182 million ($2.47 to $2.54 per diluted share on 74.0 million shares).

24/7 Wall St

BL YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

BL Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“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.”

— Owen Ryan, Q2 2026 Earnings Press Release

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