Blackline Safety Corp reported Q1 2026 revenue of $38.8 million, up 3% year-over-year, with strong service revenue growth of 25% to $24.9 million offset by a 22% decline in product revenue to $14 million. The product revenue decline stemmed from customers deferring orders ahead of the new G8 platform launch. Annual recurring revenue reached $90.5 million, up 28% year-over-year, whilst net dollar retention stood at 126%. The company posted its seventh consecutive quarter of positive adjusted EBITDA at $1.7 million, up 12% from the prior year. Gross margin improved to 65% from 60%, though the company reported a net loss of $2.8 million impacted by foreign exchange movements. Blackline maintains $41.4 million in cash and total available liquidity of approximately $71.3 million.

Blackline Safety introduces G8 - The most connected safety wearable. Blackline Safety Corp., a global organisation in the field of connected safety technology, has launched the G8 - a cutting-edge worksite safety wearable designed to enhance connectivity and communication on the worksite. This device integrates advanced gas detection, lone worker protection, and communication capabilities in a single platform, thereby connecting workers with safety teams and the digital worksite via real-time cloud data streaming. Enhancing worker safety. The G8 device seeks to empower workers by providing them with necessary tools and information to ensure safety and efficiency. Cody Slater, CEO and Chair of Blackline Safety, expressed, "G8 gives workers access to the tools and information they need to confidently get the job done and get home safe." The G8 not only continues the legacy of Blackline's G7 line but also introduces new features to set a higher standard for connected safety and productivity. Advanced gas detection and worker protection. G8 connected gas detector with an IP-67 rating is designed to withstand rigorous industrial environmentsAt its heart, the G8 is a comprehensive, connected gas detector with an IP-67 rating designed to withstand rigorous industrial environments. It consolidates crucial devices into an intrinsically safe tool with cloud connectivity for faster operational responses. Key features include swappable cartridges detecting over 20 gases, lone worker protection against various risks, and a dual-band GNSS/GPS for accurate positioning. Communication and visibility. The G8 enhances communication through push-to-talk radio functionality, emergency voice calling, and text messaging features. Its internal speaker offers 1W of power for clear audio even in noisy settings, and an optional remote speaker mic extends this capability up to 1.5W. The device includes a large backlit display for visibility, NFC TagAssignTM for quicker device allocation, and a built-in flashlight for use in low-light conditions. Real-time data for enhanced operations. Each G8 device streams live data to Blackline's Blackline Live platform, providing safety leaders with real-time insights into worker status and site conditions, which helps in incident prevention and delay reduction. The G8 is designed to integrate with other digital platforms like HRMS and field service management tools and is future-ready for AI-driven insights and capabilities. Phil Benson, VP of Product at Blackline Safety, stated, "We're talking about a platform built to grow with you." Find out about secure physical access control systems through layered cybersecurity practices.

Blackline Safety expands global footprint with new offices in Germany and the UAE. Blackline Safety exhibiting at ADIPEC 2024 in Abu Dhabi, UAE. Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced plans to open two new international offices - one in Cologne, Germany, and another in Abu Dhabi, United Arab Emirates. The expansion strengthens Blackline's operations across Europe, the Middle East and Africa (EMEA), bringing the company closer to its rapidly-growing customer base in these regions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251103734061/en/ Blackline Safety's team exhibiting at ADIPEC 2024 in Abu Dhabi, UAE. The team will return to ADIPEC 2025 Nov. 3-7 for a 10th consecutive year. Blackline's Cologne office adds to its established network in the U.K. and France, providing localized presence and coordination for regional sales, service, and customer engagement across Europe and Africa. The Abu Dhabi office will enhance engagement with customers in the energy, utilities, and petrochemical sectors, providing localized training and service. The new facility builds on Blackline's growing presence in the Middle East, following a multi-year purchase agreement with ADNOC. "We're excited to bring Blackline's global operations even closer to our customers across Europe and the Middle East," said Cody Slater, CEO and Chair of Blackline Safety. "Opening regional offices in Cologne and Abu Dhabi strengthens our local service and support capabilities and positions us to better partner with global enterprise customers." The expansion coincides with Blackline Safety's 10th consecutive year exhibiting at ADIPEC in Abu Dhabi, UAE (November 3 - 6, Abu Dhabi National Exhibition Centre, Hall 2 - Stand 2460), and its participation in A+A 2025 in Düsseldorf, Germany (November 4 - 7, Hall 4 - Stand F06) - two leading global trade events for safety and energy professionals. At both events, Blackline will showcase major updates to its cloud-based safety platform, which were recently unveiled at the NSC 2025 Safety Congress & Expo - including ZoneAware Geofencing, an upgraded Loner Mobile app, improved gas sensor visibility, and new bulk management automation tools. Together, these advancements give safety and operations teams deeper situational awareness, simplify program management, strengthen compliance and efficiency, and extend protection to more workers across their operations. About Blackline Safety: Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software, and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with customers in more than 75 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 300 billion data-points and initiated over eight million emergency alerts. For more information, visit BlacklineSafety.com and connect with us on Facebook, X (formerly Twitter), LinkedIn, and Instagram. View source version on businesswire.com:https://www.businesswire.com/news/home/20251103734061/en/ Blackline Safety