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GlobeNewswire·

BlackLine Announces Third Quarter Financial Results

BL
  • BlackLine reported third quarter 2026 total GAAP revenues of $193.4 million, an 8.5% increase from the prior year.
  • GAAP operating margin reached 8.6%, while Non-GAAP operating margin improved to 25.9% compared to 21.4% in the prior year quarter.
  • GAAP net income attributable to BlackLine was $10.6 million ($0.18 per diluted share), doubling the $5.3 million recorded in the same period of 2025.
  • Non-GAAP net income attributable to BlackLine totaled $44.7 million ($0.64 per diluted share), up from $37.6 million in the prior year quarter.
  • Billings for the quarter were $170.9 million, representing a 5.7% year-over-year increase.
  • The remaining performance obligation grew 14.3% to $1.1 billion.
  • Operating cash flow was $67.1 million, with free cash flow at $57.5 million.
  • The company repurchased approximately 1.3 million shares for $39.1 million, leaving $240.6 million in buyback capacity.
  • BlackLine announced a $100 million increase to its stock buyback program.
  • The customer base totaled 4,316 entities as of September 30, 2026.
  • Platform pricing ARR as a percentage of eligible ARR stood at 23%.
  • The dollar-based net revenue retention rate was 103%.
  • The company acquired NetNow to expand its Invoice-to-Cash capabilities with intelligent onboarding & credit risk management.
  • Fourth quarter 2026 GAAP revenue guidance is set between $195 million & $197 million.
  • Full year 2026 GAAP revenue is expected to range from $759.5 million to $761.5 million.
  • Full year 2026 Non-GAAP net income is projected between $174 million & $175 million.
  • A quarterly conference call to discuss results is scheduled for November 5, 2026, at 2:00 p.m. Pacific time.
Company
BlackLine, Inc.
Keywords
Nasdaq:BL, BlackLine, Inc., BlackLine, accounting, AI, cfo, earnings