Blackline, Inc. (BL) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Blackline reported revenue of $700.4M, up 7.2% from $653.3M the year before. Net income was $24.5M (a 3.5% net margin), or $0.39 per diluted share. Gross margin was 75.2% and operating margin was 3.6%. Operating activities generated $169.6M of cash, leaving $161.5M of free cash flow. At fiscal year end, Blackline held $1.76B in total assets against $1.39B in total liabilities, including $390.0M of cash and equivalents.
Open the full interactive Blackline financials → Quarterly statements, key ratios, valuation history and price charts.
Blackline Key Stats
| Share Price | $29.51 |
|---|---|
| Market Cap | $2.02B |
| P/E Ratio | 75.7 |
| Revenue YoY Growth | +7.2% |
| 52-Week Range | $25.23 – $58.83 |
| Shares Outstanding | 58.5 million (basic, 2026 Q2) |
Blackline Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $351.7M | $425.7M | $522.9M | $590.0M | $653.3M | $700.4M |
| Cost of Goods Sold | $69.0M | $97.9M | $129.4M | $146.8M | $162.0M | $173.4M |
| Gross Profit | $282.8M | $327.8M | $393.6M | $443.2M | $491.4M | $527.0M |
| Operating Income | -$19.9M | -$38.6M | -$56.2M | $14.3M | $18.5M | $25.6M |
| Pre-Tax Income | -$38.7M | -$100.9M | -$47.4M | $60.5M | $124.7M | $48.2M |
| Income Tax | $702,000 | $135,000 | -$13.5M | $1.4M | -$43.1M | $21.0M |
| Net Income | -$46.9M | -$115.2M | -$29.4M | $52.8M | $161.2M | $24.5M |
| Diluted EPS | -$0.83 | -$1.97 | -$0.49 | $0.81 | $1.45 | $0.39 |
Blackline Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $178.3M | $183.2M | $183.2M | $187.8M |
| Net Income | $5.3M | $4.9M | $8.1M | $16.5M |
| Diluted EPS | $0.09 | $0.07 | $0.13 | $0.27 |
Blackline Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $367.4M | $539.7M | $201.0M | $271.1M | $885.9M | $390.0M |
| Current Assets | $674.1M | $1.35B | $1.25B | $1.41B | $1.09B | $1.03B |
| Total Assets | $1.11B | $1.82B | $1.94B | $2.10B | $1.83B | $1.76B |
| Current Liabilities | $242.3M | $322.6M | $367.8M | $642.6M | $422.2M | $695.4M |
| Total Long-Term Debt | $407.0M | $1.11B | $1.38B | $1.39B | $892.7M | $896.1M |
| Total Liabilities | $678.9M | $1.46B | $1.81B | $1.81B | $1.34B | $1.39B |
| Shareholders' Equity | $422.1M | $325.0M | $111.9M | $260.9M | $446.7M | $332.3M |
Blackline Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $54.7M | $80.1M | $56.0M | $126.6M | $190.8M | $169.6M |
| Cash From Investing | $173.6M | -$506.9M | -$395.6M | -$62.5M | $924.4M | -$425.3M |
| Cash From Financing | $18.9M | $599.2M | $1.4M | $6.1M | -$500.1M | -$240.1M |
| Free Cash Flow | $48.2M | $71.4M | $45.0M | $120.7M | $188.7M | $161.5M |
Figures from Blackline's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Blackline financials page for every line item.
Blackline Company Profile
| Ticker | BL |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Woodland Hills, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001666134 |
Frequently Asked Questions
What was Blackline's revenue in fiscal 2025?
Blackline (BL) reported revenue of $700.4M for fiscal 2025.
What is Blackline's annual revenue history?
Blackline's annual revenue by fiscal year: 2020: $351.7M; 2021: $425.7M; 2022: $522.9M; 2023: $590.0M; 2024: $653.3M; 2025: $700.4M.
What was Blackline's net income in fiscal 2025?
Blackline reported net income of $24.5M for fiscal 2025.
What was Blackline's earnings per share (EPS) in fiscal 2025?
Blackline's diluted EPS was $0.39 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Blackline generate in fiscal 2025?
Blackline generated $161.5M of free cash flow in fiscal 2025.
What was Blackline's revenue last quarter?
In its most recent reported quarter (2026 Q2), Blackline reported revenue of $187.8M.
How much debt does Blackline have?
Blackline reported $896.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Blackline are outstanding?
Blackline reported a weighted average of 58.5 million basic shares outstanding in 2026 Q2.
What is Blackline's market cap?
Based on its latest closing price, Blackline (BL) has a market capitalization of about $2.02B.
When does Blackline's fiscal year end?
Blackline's fiscal year end, as registered with the SEC, is December 31.
Where is Blackline headquartered?
Blackline lists its business address in Woodland Hills, California in its SEC filings.