Filing Flows › Blackline (BL) › Q2 2026
Blackline (BL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Blackline (BL) reported revenue of $188M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +3% from the quarter before. Operating margin was 5.9%, net earnings $16.5M (8.8% of revenue).
Blackline, Q2 2026: revenue $188M (+9% year over year), operating margin 5.9%, net earnings $16.5M, operating cash flow $45.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $188M | +3% | +9% |
| Gross profit | $143M | +3% | +10% |
| Operating profit | $11.0M | +76% | +46% |
| Net earnings | $16.5M | +103% | +99% |
| Operating cash flow | $45.0M | -3% | +39% |
| Free cash flow | $36.5M | — | +44% |
What changed
Revenue was $187.8M in Q2 2026, up 9% year over year and up 3% from the previous quarter. Subscription and support was the largest line at 95% of revenue. Subscription and support added $14.8M year over year (up 9%), 94% of the total change.
Gross margin was 76.0%, up 0.7 points from Q2 2025. Operating profit was $11.0M, a 5.9% margin (up 1.5 points year over year). Of the extra revenue versus Q2 2025, 22% reached operating profit, above the 4% margin then. Operating expenses grew 8% against revenue growth of 9%. The fastest-growing cost line was Research & development (+12%). Net earnings were $16.5M, up 99% year over year ($9.3M including minority interests, which bore $7.2M of losses). The effective tax rate was 27.4%.
Operating cash flow was $45.0M (up 39% year over year), 485% of net income including minority interests. Non-cash charges added back $12.4M of depreciation and amortization and $27.5M of share-based compensation. Working capital and other items used $4.2M. After capitalized software development costs ($6.6M) and purchases of property and equipment ($1.9M), free cash flow as the company reports it was $36.5M.
Questions
What was Blackline's revenue in the second quarter 2026?
Blackline (BL) reported revenue of $188M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +3% from the quarter before.
Was Blackline profitable in the second quarter 2026?
Operating profit was $11.0M (5.9% of revenue) and net earnings $16.5M.
Source: Blackline 10-Q on SEC EDGAR.