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BlackLine, Inc.

BL

NASDAQTechnologySoftware - Application

Previous close

$31.83

−$0.09 · -0.28%

Aug 21, 4:00 PM ET

BL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

63

Undervalued

Momentum

30

Weakening

Sentiment

61

Bullish

Risk resilience

38

High Risk

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Company profile

Company website

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company also provides journal entry, which allows users to generate, review, and post manual journal entries; variance analysis that offers anomalous fluctuations in balance sheet and income statement account balances; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers credit and risk, collection, dispute and deduction, and team and task management, as well as AR intelligence, electronic invoicing and payment, and cash application solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization’s intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. Additionally, it offers implementation, optimization, live and web-based training, and support services. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. The company was incorporated in 2001 and is headquartered in Woodland Hills, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Owen Ryan
Listed since
Oct 28, 2016
Employees
1,850

Market position

Day range

Current $31.83

52-week range

Current $31.83

Open
$31.515
Previous close
$31.92
Volume
1.02M
0.83× average
Average volume
1.23M
Average daily volume
Market cap
1.87B USD
Beta
0.65
Market reference 1
50-day average
$29.3922
+8.29% above average
200-day average
$39.2959
-19.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.85B USD
P/E (TTM)
54.11×
P/B (TTM)
5.93×
P/S (TTM)
2.55×
EV / EBITDA
36.45×
Earnings yield
0.74%
Free cash flow yield
4.90%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
75.53%
Operating margin
5.62%
Net margin
4.75%
Return on equity
7.38%
Return on assets
1.39%
Return on invested capital
1.45%

Financial health

Debt / equity
2.18×
Current ratio
1.47×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends87%46%4%-37%Gross margin, FY2021: 77.01%Gross margin, FY2022: 75.26%Gross margin, FY2023: 75.12%Gross margin, FY2024: 75.21%Gross margin, FY2025: 75.21%Operating margin, FY2021: -9.07%Operating margin, FY2022: -10.75%Operating margin, FY2023: 2.43%Operating margin, FY2024: 2.84%Operating margin, FY2025: 4.77%Net margin, FY2021: -27.05%Net margin, FY2022: -5.62%Net margin, FY2023: 8.95%Net margin, FY2024: 24.67%Net margin, FY2025: 3.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 77.01%. Gross margin FY2022 75.26%. Gross margin FY2023 75.12%. Gross margin FY2024 75.21%. Gross margin FY2025 75.21%. Operating margin FY2021 -9.07%. Operating margin FY2022 -10.75%. Operating margin FY2023 2.43%. Operating margin FY2024 2.84%. Operating margin FY2025 4.77%. Net margin FY2021 -27.05%. Net margin FY2022 -5.62%. Net margin FY2023 8.95%. Net margin FY2024 24.67%. Net margin FY2025 3.50%.

Income trends

Revenue

700.43M USD+7.21%

Operating income

33.39M USD+80.11%

Net income

24.52M USD-84.79%
Income trends across reported periods781.99M USD455.75M USD129.52M USD−196.72M USDRevenue, FY2021: 425.71M USDRevenue, FY2022: 522.94M USDRevenue, FY2023: 590M USDRevenue, FY2024: 653.34M USDRevenue, FY2025: 700.43M USDOperating income, FY2021: −38.61M USDOperating income, FY2022: −56.2M USDOperating income, FY2023: 14.35M USDOperating income, FY2024: 18.54M USDOperating income, FY2025: 33.39M USDNet income, FY2021: −115.16M USDNet income, FY2022: −29.39M USDNet income, FY2023: 52.83M USDNet income, FY2024: 161.17M USDNet income, FY2025: 24.52M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 425.71M USD. Revenue FY2022 522.94M USD. Revenue FY2023 590M USD. Revenue FY2024 653.34M USD. Revenue FY2025 700.43M USD. Operating income FY2021 −38.61M USD. Operating income FY2022 −56.2M USD. Operating income FY2023 14.35M USD. Operating income FY2024 18.54M USD. Operating income FY2025 33.39M USD. Net income FY2021 −115.16M USD. Net income FY2022 −29.39M USD. Net income FY2023 52.83M USD. Net income FY2024 161.17M USD. Net income FY2025 24.52M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue700.43M USD653.34M USD590M USD522.94M USD425.71M USD
Cost of goods sold173.65M USD161.97M USD146.79M USD129.39M USD97.87M USD
Gross profit526.78M USD491.37M USD443.2M USD393.55M USD327.84M USD
Research and development112.45M USD100.97M USD103.21M USD108.89M USD77.32M USD
Selling, general, and administrative375.84M USD370.14M USD314.68M USD337.02M USD289.13M USD
Operating expenses493.39M USD472.84M USD428.86M USD449.75M USD366.45M USD
Interest income32.82M USD49.81M USD52.06M USD14.64M USD700K USD
Interest expense10.15M USD8.76M USD5.9M USD5.85M USD62.95M USD
Depreciation and amortization46.54M USD50.35M USD50.1M USD42.82M USD27.13M USD
Operating income33.39M USD18.54M USD14.35M USD−56.2M USD−38.61M USD
Net income24.52M USD161.17M USD52.83M USD−29.39M USD−115.16M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+14.54%
11 comparable reports
Latest EPS result
0.61
Estimate 0.57 · Beat by 6.46%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.670.560.450.34Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MetQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 0.47, estimate 0.5, surprise -6.00%, Miss. Q2 2025, reported May 6, 2025: actual 0.58, estimate 0.38, surprise +52.63%, Beat. Q3 2025, reported Aug 5, 2025: actual 0.51, estimate 0.5, surprise +2.00%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.51, estimate 0.51, surprise 0.00%, Met estimate. Q1 2026, reported Feb 10, 2026: actual 0.63, estimate 0.58, surprise +8.62%, Beat. Q2 2026, reported May 5, 2026: actual 0.56, estimate 0.45, surprise +24.44%, Beat. Q3 2026, reported Aug 4, 2026: actual 0.61, estimate 0.573, surprise +6.46%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.63, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates201.94M187.61M173.28M158.95MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 169.46M USD, estimate 168.37M USD, surprise +0.65%, Beat. Q2 2025, reported May 6, 2025: actual 166.93M USD, estimate 166.72M USD, surprise +0.13%, Beat. Q3 2025, reported Aug 5, 2025: actual 172.03M USD, estimate 178.75M USD, surprise -3.76%, Miss. Q4 2025, reported Nov 6, 2025: actual 178.29M USD, estimate 182.98M USD, surprise -2.56%, Miss. Q1 2026, reported Feb 10, 2026: actual 183.18M USD, estimate 182.98M USD, surprise +0.11%, Beat. Q2 2026, reported May 5, 2026: actual 183.16M USD, estimate 181M USD, surprise +1.19%, Beat. Q3 2026, reported Aug 4, 2026: actual 187.82M USD, estimate 186.99M USD, surprise +0.45%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 194.17M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$36.17

13.63% upside
Past 12 months12-month forecastHigh $50.00Average $36.17Low $30.00

Rating distribution

25 ratings
Strong buy00%
Buy1040%
Hold1352%
Sell28%
Strong sell00%

Recent analyst actions

12 institutions

BL peers

ETFs holding BL

Funds reporting this stock among their holdings, ordered by reported position size.

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