Blackline Safety publishes MD&A for three and six months ended April 30, 2026

  • Blackline Safety published its MD&A for fiscal Q2, showing revenue of CAD 44,293, up 23% driven by service growth.
  • Service revenue rose 25% to CAD 27,317; product revenue increased 21% to CAD 16,976 on initial G8 shipments.
  • ARR climbed to CAD 93,042 from CAD 75,153; net dollar retention eased to 123% from 128%.
  • Gross margin widened to 66% from 63%; adjusted EBITDA improved to CAD 2,529 from CAD 1,040.
  • Management expects the announced Francisco Partners transaction to support long-term growth; closing targeted for late Q2 or early Q3.


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