BlackLine, Inc.(BL)Earnings, Financials & Key Ratios

BL•NASDAQ

$29.02

74.4× P/E·Price updated Jul 7, 2026

SectorTechnology IndustryApplication Software Sub-IndustryFinancial services and insurance software

AboutBlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany workflow that stores permissions by entity and transaction type thereby ensuring both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time settlement matrix, which shows the balance of transactions. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.Show more

Revenue$700M+7.2%
EBITDA$80M+16.0%
Net Income$25M-84.8%
EPS (Diluted)0.39-73.1%
Gross Margin75.21%
EBITDA Margin11.41%+8.2%
Operating Margin4.77%+68.0%
Net Margin3.5%-85.8%
ROE5.74%-86.2%

BL Price & Volume

BlackLine, Inc. (BL) stock price & volume — 10-year historical chart

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Decelerating Growth Challenges BlackLine's Operational Margin Expansion

Investment Thesis • Updated 2026Q1

VerdictNeutral

Growth:Decelerating

Profitability:Strained

Financial:Healthy

Cash Flow:Stable

Primary Risk:SAP partnership dependency risk

Key Thesis Takeaways

BlackLine faces a critical transition as revenue growth decelerated to 9.7% in 2026Q1, signaling potential market saturation in its core financial close segment.
While the company has successfully reduced its debt-to-equity ratio from 4.85 in 2023Q4 to 2.04, the reliance on aggressive share repurchases, such as the $111.9M outflow in 2025Q3, may limit future investment flexibility.
Investors should monitor whether the company can achieve meaningful operating leverage, as operating margins have remained thin, fluctuating between 1.1% and 8.0% over the past two years.

Verdict Logic

while the forward P/E of 11.46 suggests a more attractive valuation, the deceleration of revenue growth to 9.7% and the reliance on non-operating items to mask earnings volatility present significant execution risks.

BL Growth Metrics

BlackLine, Inc. (BL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years23.68%

5 Years14.77%

3 Years10.23%

TTM8.12%

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-83%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-80.87%

Return on Capital

10 Years-4.29%

5 Years-0.4%

3 Years1.65%

Last Year2.71%

BL Recent Earnings

BlackLine, Inc. (BL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (75%)●Beat Revenue 10/12 qtrs (83%)

Q2 2026Latest

May 5, 2026

Metric

Actual

Est

EPS

$0.56+24.4%

$0.45

Rev

$183M+1.2%

$181M

Q1 2026

Feb 10, 2026

Metric

Actual

Est

EPS

$0.63+8.6%

$0.58

Rev

$183M+0.1%

$183M

Q4 2025

Nov 6, 2025

Metric

Actual

Est

EPS

$0.51+0.0%

$0.51

Rev

$178M-2.6%

$183M

Q3 2025

Aug 5, 2025

Metric

Actual

Est

EPS

$0.51+2.0%

$0.50

Rev

$172M-3.8%

$179M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$0.56vs $0.45+24.4%	$183Mvs $181M+1.2%
Q1 2026	Feb 10, 2026	$0.63vs $0.58+8.6%	$183Mvs $183M+0.1%
Q4 2025	Nov 6, 2025	$0.51vs $0.51+0.0%	$178Mvs $183M-2.6%
Q3 2025	Aug 5, 2025	$0.51vs $0.50+2.0%	$172Mvs $179M-3.8%

Based on last 12 quarters of dataView full earnings history →

Latest BL News

Recent stock market news and headlines for BlackLine, Inc. (BL)

Globe News Wire·Jun 25, 2026

BlackLine® étend sa plateforme Agentic Financial Operations en proposant une infrastructure fiable pour la finance pilotée par IA

LOS ANGELES, 25 juin 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) a annoncé aujourd'hui le lancement de nouvelles fonctionnalités de gouvernance et de supervision au sein de sa plateforme Agentic Financial Operations, renforçant ainsi l'infrastructure de confiance dont les établissements financiers ont besoin pour déployer, gouverner et faire évoluer l'IA au sein de leur directions financières.

Globe News Wire·Jun 25, 2026

BlackLine® erweitert die Agentic Financial Operations Platform und stärkt die Vertrauensinfrastruktur für KI-gestützte Finanzprozesse

LOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) hat heute neue Governance- und Observability-Funktionen für seine Agentic Financial Operations Platform vorgestellt. Damit baut das Unternehmen die Vertrauensinfrastruktur weiter aus, die Finanzorganisationen benötigen, um KI-Lösungen im gesamten CFO-Bereich sicher einzusetzen, effektiv zu steuern und erfolgreich zu skalieren.

Globe News Wire·Jun 25, 2026

BlackLine® breidt Financial Operations Platform uit en legt basis voor betrouwbare infrastructuur voor AI-gestuurde financiën

LOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) heeft vandaag nieuwe functies op het gebied van governance en waarneembaarheid aangekondigd voor Agentic Financial Operations Platform, waarmee het de vertrouwensinfrastructuur die financiële bedrijven nodig hebben om AI binnen de CFO-afdeling te implementeren, te beheren en op te schalen, verder versterkt.

GlobeNewsWire·Jun 25, 2026

BlackLine® Expands Agentic Financial Operations Platform; Establishing the Trust Infrastructure for AI-Powered Finance

LOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) today announced new governance and observability capabilities within its Agentic Financial Operations Platform™, further advancing the trust infrastructure finance organizations need to deploy, govern, and scale AI across the Office of the CFO. As finance teams transition from deploying a handful of AI agents to managing potentially hundreds of thousands across BlackLine, partner, customer-developed, and third-party applications, the challenge shifts from automation to governance and control.

GlobeNewsWire·Jun 16, 2026

BlackLine Earns Industry Recognitions for AI Innovation and Customer Trust

LOS ANGELES, June 16, 2026 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), the Agentic Financial Operations Platform™ for the Office of the CFO, today announced it has received recognition from both the 2026 FinTech Tech Ascension Awards and TrustRadius, underscoring the company's leadership in transforming financial operations through trusted innovation, AI-powered capabilities, and proven customer success. BlackLine's Agentic Financial Operations (AFO) platform, powered by Studio360™ and Verity AI™, was named a winner in the Best AI/ML Powered Solution category at the 2026 FinTech Tech Ascension Awards, which recognizes the organizations and technologies driving innovation and excellence across the global financial technology landscape.

Peers Comparison

Key metrics vs top competitors for BlackLine, Inc. (BL)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
BLBlackLine, Inc.Current	$29.02	$1.73B	74.41	7.21%	3.5%	5.74%	—
APPFAppFolio, Inc.	$179.42	$6.46B	46.24	19.72%	15.27%	30.9%	—
FRSHFreshworks Inc.	$10.38	$2.87B	16.48	16.43%	20.69%	18.54%	—
PCTYPaylocity Holding Corporation	$118.84	$6.36B	29.56	13.74%	14.94%	22.36%	—
COURCoursera, Inc.	$5.80	$982.02M	-18.71	9.04%	-8.23%	-10.06%	—
WDAYWorkday, Inc.	$143.65	$37.63B	55.68	13.1%	8.6%	10.41%	—

Compare BL vs Peers

BlackLine, Inc. (BL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs APPF

Most directly comparable listed peer for BL.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare BL against a more recognizable public peer.

Peer Set

Compare Top 5

vs APPF, FRSH, PCTY, COUR

BL SEC Filings & Documents

BlackLine, Inc. (BL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Mar 17, 2026·SEC

Material company update

Mar 10, 2026·SEC

10-K Annual Reports

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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BL Frequently Asked Questions

BlackLine, Inc. (BL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is BlackLine, Inc.'s revenue?

BlackLine, Inc. (BL) reported $716.7M in revenue for fiscal year 2025. This represents a 2142% increase from $32.0M in 2013.

How fast is BlackLine, Inc. growing?

BlackLine, Inc. (BL) grew revenue by 7.2% over the past year. This is steady growth.

Is BL profitable?

Yes, BlackLine, Inc. (BL) is profitable, generating $26.6M in net income for fiscal year 2025 (3.5% net margin).

Dividend & Returns

What is BL's return on equity?

BlackLine, Inc. (BL) has a return on equity (ROE) of 5.7%. This is below average, suggesting room for improvement.

What is BlackLine, Inc.'s free cash flow?

BlackLine, Inc. (BL) generated $164.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BL back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 5, 2026

$0.56vs $0.45+24.4%

$183Mvs $181M+1.2%

Q1 2026

Feb 10, 2026

$0.63vs $0.58+8.6%

$183Mvs $183M+0.1%

Q4 2025

Nov 6, 2025

$0.51vs $0.51+0.0%

$178Mvs $183M-2.6%

Q3 2025

Aug 5, 2025

$0.51vs $0.50+2.0%

$172Mvs $179M-3.8%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

BLBlackLine, Inc.Current

$29.02

$1.73B

74.41

7.21%

3.5%

5.74%

—

APPFAppFolio, Inc.

$179.42

$6.46B

46.24

19.72%

15.27%

30.9%

—

FRSHFreshworks Inc.

$10.38

$2.87B

16.48

16.43%

20.69%

18.54%

—

PCTYPaylocity Holding Corporation

$118.84

$6.36B

29.56

13.74%

14.94%

22.36%

—

COURCoursera, Inc.

$5.80

$982.02M

-18.71

9.04%

-8.23%

-10.06%

—

WDAYWorkday, Inc.

$143.65

$37.63B

55.68

13.1%

8.6%

10.41%

—