Blackline | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 187.82 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 187.82 M, beating the estimate of USD 187.03 M.
EPS: As of FY2026 Q2, the actual value is USD 0.27.
EBIT: As of FY2026 Q2, the actual value is USD 12.77 M.
Operational Metrics
- GAAP operating margin was 5.9% in the second quarter of 2026, compared to 4.4% in the second quarter of 2025.
- Non-GAAP operating margin was 23.3% in the second quarter of 2026, compared to 22.1% in the second quarter of 2025.
- GAAP net income attributable to BlackLine, Inc. was $16.5 million in the second quarter of 2026, compared to $8.3 million in the second quarter of 2025.
- Non-GAAP net income attributable to BlackLine, Inc. was $42.9 million in the second quarter of 2026, compared to $37.9 million in the second quarter of 2025.
Billings and Obligations
- Billings were $193.0 million, an increase of 5.9% compared to the second quarter of 2025.
- Remaining performance obligation was $1.1 billion, an increase of 16.8% compared to the second quarter of 2025.
Cash Flow
- Operating cash flow was $45.0 million in the second quarter of 2026, compared to $32.3 million in the second quarter of 2025.
- Free cash flow was $36.5 million in the second quarter of 2026, compared to $25.4 million in the second quarter of 2025.
Share Repurchases
- BlackLine, Inc. repurchased approximately 1.2 million shares of common stock for $37.7 million.
- Approximately $179.7 million of buyback capacity remained under the share repurchase program at June 30, 2026.
- BlackLine, Inc. announced a $100 million increase to its stock buyback program.
Customer Base
- BlackLine, Inc. had a total of 4,260 customers at June 30, 2026.
Revenue Metrics
- Platform pricing Annual Recurring Revenue (ARR) as a percentage of eligible ARR was 17% at June 30, 2026.
- The dollar-based net revenue retention rate was 102% at June 30, 2026.
Outlook / Guidance
For the third quarter of 2026, BlackLine, Inc. expects total GAAP revenue between $193 million and $195 million, with a non-GAAP operating margin ranging from 24.5% to 25.5%. For the full year 2026, the company anticipates total GAAP revenue between $765 million and $769 million, and a non-GAAP operating margin between 24.1% and 24.6%. Non-GAAP net income attributable to BlackLine, Inc. is projected to be $177 million to $182 million, or $2.47 to $2.54 per share for the full year.
