Filing Flows › Blackline (BL) › Q2 2026 › vs Q1 2026
Blackline (BL) Q2 2026 vs Q1 2026 (quarter over quarter)
Blackline's revenue rose $4.7M (+3%) from $183M in Q1 2026 to $188M in Q2 2026. The biggest changes: Subscription and support +$4.1M (+2%); Professional services +$525K (+6%). Gross margin 76.0% against 76.0% (-0.0 pts).
Blackline, Q2 2026: revenue $188M (+9% year over year), operating margin 5.9%, net earnings $16.5M, operating cash flow $45.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 76.0% | 76.0% | -0.0 pts |
| Operating margin | 5.9% | 3.4% | +2.4 pts |
| Net margin | 8.8% | 4.4% | +4.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Subscription and support | $178M | $174M | $4.1M | +2% |
| Professional services | $10.0M | $9.4M | $525K | +6% |
| Revenue | $188M | $183M | $4.7M | +3% |
| Gross profit | $143M | $139M | $3.5M | +3% |
| Cost of revenue | $45.1M | $44.0M | $1.1M | +3% |
| Other income, net | $1.8M | $3.6M | −$1.8M | -50% |
| Operating profit | $11.0M | $6.2M | $4.8M | +76% |
| Operating expenses | $132M | $133M | −$1.2M | -0.9% |
| Pre-tax earnings | $12.8M | $9.8M | $3.0M | +30% |
| Research & development | $31.3M | $30.6M | $734K | +2% |
| Sales & marketing | $68.5M | $67.4M | $1.1M | +2% |
| General & admin | $30.8M | $33.2M | −$2.5M | -7% |
| Other operating costs | $1.1M | $1.7M | −$576K | -34% |
| Loss borne by minority interests | $7.2M | $4.2M | $3.0M | +70% |
| Net earnings | $16.5M | $8.1M | $8.4M | +103% |
| Income tax | $3.5M | $5.9M | −$2.4M | -41% |
| Depreciation & amortization | $12.4M | $12.2M | $227K | +2% |
| Share-based compensation | $27.5M | $23.7M | $3.7M | +16% |
| Working capital & other | $11.4M | −$2.3M | $13.6M | — |
| Operating cash flow | $45.0M | $46.3M | −$1.3M | -3% |
Questions
How much did Blackline's revenue grow quarter over quarter in Q2 2026?
Blackline's revenue rose $4.7M (+3%) from $183M in Q1 2026 to $188M in Q2 2026.
What drove Blackline's revenue change in Q2 2026?
Subscription and support +$4.1M (+2%); Professional services +$525K (+6%).