BlackLine (BL) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and BlackLine published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. BlackLine reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• BlackLine's GAAP and non-GAAP diluted EPS use different share counts: 67,817 thousand for GAAP and 72,495 thousand for non-GAAP. Both include 9,858 thousand shares for its convertible senior notes; the non-GAAP count also includes 4,861 thousand shares from other dilutive securities, against 183 thousand under GAAP.

Source: BlackLine Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How BlackLine splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• BlackLine's Subscription and support revenue was $183 million in Q3 2026, up 9% from $168 million in Q3 2025, 95% of total revenue.
• BlackLine's Professional services revenue was $10.3 million in Q3 2026, up 2% from $10.1 million in Q3 2025, 5% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The first two quotes are BlackLine's Q4 2026 outlook; the last two are its full-year 2026 outlook.

In its Q3 2026 release, BlackLine said:

“Total GAAP revenue is expected to be in the range of $195 million to $197 million.”

“Non-GAAP net income attributable to BlackLine is expected to be in the range of $47 million to $48 million, or $0.67 to $0.68 per share on 72.4 million diluted weighted average shares outstanding.”

“Total GAAP revenue is expected to be in the range of $759.5 million to $761.5 million.”

“Non-GAAP net income attributable to BlackLine is expected to be in the range of $174 million to $175 million, or $2.48 to $2.49 per share on 72.9 million diluted weighted average shares outstanding.”

Source: BlackLine Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the BL forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total GAAP revenues and GAAP diluted net income per share attributable to BlackLine, Inc., each as first reported in that quarter's release.

We do not hold a confirmed date for BlackLine's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

BlackLine sells cloud software for accounting and finance teams, and reported Q3 2026 total GAAP revenues of $193.4 million, up 8.5%. Subscription and support made up $183.1 million of that, against $168.2 million a year earlier, and professional services $10.3 million, against $10.1 million. (BlackLine Q3 2026 release, Nov 5, 2026)

BlackLine's revenue is mostly American but spread across many customers. The US contributed $130.9 million and international markets $62.5 million; no country outside the US reached 10% of revenues, and no single customer accounted for more than 10%. BlackLine operates in Japan through BlackLine K.K., in which it holds a 53% controlling interest. (BlackLine Form 10-Q, Q3 2026, Nov 6, 2026)

SAP is a channel as well as an integration partner: SAP resells BlackLine's product as SAP SolEx, and BlackLine receives a percentage of the related revenues. BlackLine also has a go-to-market agreement with Google Cloud. (BlackLine Form 10-Q, Q3 2026, Nov 6, 2026)

BlackLine is moving customers to platform pricing launched in 2025. Platform pricing ARR, measured against eligible ARR that excludes SAP SolEx and the public sector, rose to 23% at September 30, 2026 from 11% at December 31, 2025. The customer count fell to 4,316 from 4,424 a year earlier, which BlackLine attributed to its focus on enterprise and mega-enterprise customers, partly offset by customers gained in the NetNow acquisition. (BlackLine Q3 2026 release, Nov 5, 2026; BlackLine Form 10-Q, Q3 2026, Nov 6, 2026)

Forward indicators were mixed. Remaining performance obligation reached $1.1 billion, up 14.3%, while billings rose 5.7% to $170.9 million and the dollar-based net revenue retention rate was 103%. (BlackLine Q3 2026 release, Nov 5, 2026)

BlackLine earned GAAP diluted EPS of $0.18 in Q3 2026, against $0.09, and non-GAAP diluted EPS of $0.64, against $0.51. Non-GAAP net income attributable to BlackLine was $44.7 million against GAAP net income of $10.6 million. The gap is mostly stock-based compensation ($22.8 million), plus amortization of intangible assets ($3.8 million), restructuring and legal settlement costs ($5.4 million) and transaction-related costs ($1.3 million). (BlackLine Q3 2026 release, Nov 5, 2026)

Operating margin widened to 8.6% from 4.3% on a GAAP basis and to 25.9% from 21.4% on a non-GAAP basis. Sales and marketing spending fell to $64.9 million from $67.5 million. Restructuring costs rose to $5.0 million from $2.3 million, mainly one-time termination benefits under the Fiscal 2026 restructuring program. Interest income fell to $4.2 million from $8.2 million. (BlackLine Q3 2026 release, Nov 5, 2026; BlackLine Form 10-Q, Q3 2026, Nov 6, 2026)

Buybacks are shrinking the share base. BlackLine repurchased approximately 1.3 million shares for $39.1 million in the quarter, had approximately $240.6 million of authorization left at September 30, 2026, and announced a $100 million increase to the program. Basic weighted average shares were 57,776 thousand, against 61,157 thousand. (BlackLine Q3 2026 release, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

BlackLine gives quarterly and full-year guidance in its release. For Q4 2026 it expects total GAAP revenue of $195 million to $197 million, a non-GAAP operating margin of 25.8% to 26.9%, and non-GAAP EPS of $0.67 to $0.68 on 72.4 million diluted shares. For full year 2026 it expects revenue of $759.5 million to $761.5 million, a non-GAAP operating margin of 24.2% to 24.5%, and non-GAAP EPS of $2.48 to $2.49. (BlackLine Q3 2026 release, Nov 5, 2026)

BlackLine's CEO said the timing of customer decisions had shaped the updated outlook. (BlackLine Q3 2026 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover BlackLine, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones BlackLine's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BL is on is BL a buy or a sell?, what analysts expect next is on the BL forecast, and what the company does is on the BlackLine (BL) stock page.

Every number on this page can be traced to a document BlackLine published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.