BlackLine delivered total GAAP revenues of $183.2 million for the quarter ended March 31, 2026, marking a 9.7% increase from the prior year. GAAP operating margin expanded to 3.4% from 2.1%, while non-GAAP operating margin rose to 21.6% from 20.9%. GAAP net income reached $8.1 million, or $0.13 per share, and non-GAAP net income was $39.6 million, or $0.56 per share. Billings totaled $173.7 million (+9.2%), remaining performance obligations grew 17.9% to $1.1 billion, operating cash flow was $46.3 million and free cash flow hit $35.8 million.

Adoption of Verity AI capabilities and Studio360 continued to accelerate, supporting a dollar-based net revenue retention rate of 105% and growing platform ARR to 13% of eligible ARR. BlackLine unveiled its Agentic Financial Operations model to enhance AI trust and governance in finance, and opened its first AI Innovation Hub in New York City. The company ended the quarter with 4,301 customers and celebrated the retirement of founder Therese Tucker, signaling a leadership transition.

During the quarter, BlackLine repurchased approximately 1.2 million shares of common stock for $47.1 million under its ongoing buyback program. Following these repurchases, the company has $217.4 million of remaining capacity, reflecting management’s confidence in the business and commitment to returning capital to shareholders.

BlackLine raised its full-year 2026 revenue guidance to a range of $765 million to $769 million and expects non-GAAP operating margin of 24.0% to 24.5%. For Q2, the company forecasts GAAP revenue of $186 million to $188 million, non-GAAP operating margin of 21.5% to 22.5%, and non-GAAP EPS of $0.57 to $0.59 on 73.3 million diluted shares.