Filing Flows › Blackline (BL) › Q3 2026
Blackline (BL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Blackline (BL) reported revenue of $193M for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before. Operating margin was 8.6%, net earnings $10.6M (5.5% of revenue).
Blackline, Q3 2026: revenue $193M (+8% year over year), operating margin 8.6%, net earnings $10.6M, operating cash flow $67.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $193M | +3% | +8% |
| Gross profit | $146M | +3% | +9% |
| Operating profit | $16.7M | +52% | +120% |
| Net earnings | $10.6M | -36% | +101% |
| Operating cash flow | $67.1M | +49% | +5% |
| Free cash flow | $57.5M | — | +0.9% |
What changed
Revenue was $193.4M in Q3 2026, up 8% 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 $14.9M year over year (up 9%), 99% of the total change.
Gross margin was 75.7%, up 0.6 points from Q3 2025. Operating profit was $16.7M, a 8.6% margin (up 4.4 points year over year). Of the extra revenue versus Q3 2025, 60% reached operating profit, above the 4% margin then. Operating expenses grew 3% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+120%). Net earnings were $10.6M, up 101% year over year. The effective tax rate was 39.5%.
Operating cash flow was $67.1M (up 5% year over year), 599% of net income including minority interests. Non-cash charges added back $12.7M of depreciation and amortization and $21.7M of share-based compensation. Working capital and other items added $21.5M. After capitalized software development costs ($7.0M) and purchases of property and equipment ($2.6M), free cash flow as the company reports it was $57.5M.
Questions
What was Blackline's revenue in the third quarter 2026?
Blackline (BL) reported revenue of $193M for the third quarter 2026 (Q3 2026), +8% from a year earlier and +3% from the quarter before.
Was Blackline profitable in the third quarter 2026?
Operating profit was $16.7M (8.6% of revenue) and net earnings $10.6M.
Source: Blackline 10-Q on SEC EDGAR.