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BlackLine (BL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2026, BlackLine (BL - Free Report) reported revenue of $183.16 million, up 9.7% over the same period last year. EPS came in at $0.56, compared to $0.58 in the year-ago quarter.
The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $180.9 million. With the consensus EPS estimate being $0.45, the EPS surprise was +24.92%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BlackLine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Billings: $173.7 million versus $175.39 million estimated by three analysts on average.
Total customers: 4,301 compared to the 4,381 average estimate based on two analysts.
Retention Rate: 105% versus 104.5% estimated by two analysts on average.
Revenues- Professional services: $9.44 million compared to the $9.06 million average estimate based on three analysts. The reported number represents a change of +11.5% year over year.
Revenues- Subscription and support: $173.71 million versus the three-analyst average estimate of $171.84 million. The reported number represents a year-over-year change of +9.6%.
Gross profit- Professional services: $1.87 million compared to the $1.85 million average estimate based on two analysts.
Gross profit- Subscription and support: $137.28 million compared to the $140.48 million average estimate based on two analysts.
Shares of BlackLine have returned -7.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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BlackLine (BL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2026, BlackLine (BL - Free Report) reported revenue of $183.16 million, up 9.7% over the same period last year. EPS came in at $0.56, compared to $0.58 in the year-ago quarter.
The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $180.9 million. With the consensus EPS estimate being $0.45, the EPS surprise was +24.92%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BlackLine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for BlackLine here>>>
Shares of BlackLine have returned -7.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.