BlackLine Q4 revenue slightly beats estimates

Overview

• Finance software provider's preliminary Q4 revenue slightly beat analyst expectations

• Non-GAAP net income for Q4 rose to $45.2 mln, up from $34.6 mln last year

• Company acquired WiseLayer in Q4 to enhance AI capabilities

Outlook

• BlackLine expects Q1 2026 GAAP revenue between $180 mln and $182 mln

• Company forecasts full-year 2026 GAAP revenue of $764 mln to $768 mln

• BlackLine anticipates 2026 non-GAAP operating margin of 23.7% to 24.3%

Result Drivers

• STRATEGIC INITIATIVES - Record bookings driven by Go-To-Market modernization, Studio360 scaling, and Verity AI launch, per CEO Owen Ryan

• CASH FLOW CHALLENGES - Operating and free cash flow decreased compared to Q4 2024

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for BlackLine Inc is $58.29, about 35.5% above its February 9 closing price of $43.02

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nGNXbBdMg2

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