BlackLine (BL) Financial Statements & Analysis

BlackLine (BL) Income Statement

BlackLine reported revenue of $700.43M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 7.2% from $653.34M a year earlier. Net income was $24.52M, down 84.8% year over year, a net margin of 3.5%. Gross margin was 75.2% and operating margin 5.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $187.82M, up 9.2% from the same quarter a year earlier.

BlackLine Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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BlackLine, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	700.43	653.34	590.00	522.94	425.71	351.74	288.98	227.79	177.03
Cost of Revenue	173.39	161.97	146.79	129.39	97.87	68.97	58.98	50.87	41.49
Gross Profit	527.04	491.37	443.20	393.55	327.84	282.77	230.00	176.91	135.55
Operating Expenses
Research & Development	109.20	100.97	103.21	108.89	77.32	56.46	43.01	30.75	23.87
Selling, General & Administrative	377.66	370.14	314.68	372.15	289.13	246.19	214.89	176.00	146.73
Operating Expenses	486.86	472.84	428.86	449.75	366.45	302.66	257.90	206.75	170.61
Operating Income	40.18	18.54	14.35	-56.20	-38.61	-19.89	-27.90	-29.84	-35.06
Other Income/Expense
Interest Income	32.83	49.81	52.06	14.64	0.70	4.50	6.13	2.14	1.07
Interest Expense	10.15	8.76	5.90	-5.85	62.95	23.31	8.65	0.00	0.01
Other Income/Expense	-14.63	106.16	46.16	8.79	-62.25	-18.81	-2.52	2.13	-2.43
Income
Income Before Tax	48.23	124.70	60.51	-47.41	-100.86	-38.70	-30.42	-27.70	-37.49
Income Tax Expense	20.97	-43.07	1.45	-13.52	0.14	0.70	1.73	0.16	0.57
Net Income	24.52	161.17	52.83	-29.39	-115.16	-46.91	-32.54	-27.80	-38.06
Net Income - Continuous Operations	27.26	161.17	52.83	-29.39	-100.99	-46.91	-32.54	-27.80	-38.06
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	104.91	183.80	116.51	-58.27	-10.79	5.50	-0.50	-5.36	-12.86
EBIT	58.38	20.41	-8.24	-87.49	-37.91	-	-	-	-
Depreciation & Amortization	46.54	50.35	50.10	29.22	27.13	20.89	21.27	22.34	19.97
Earnings Per Share
Basic EPS	-	3.00	1.00	-	-2.00	-1.00	-1.00	-1.00	-1.00
Diluted EPS	-	1.00	1.00	-	-2.00	-1.00	-1.00	-1.00	-1.00
Basic Shares Outstanding	61.43	62.13	60.85	59.54	58.35	56.83	55.32	53.91	52.16
Diluted Shares Outstanding	65.92	73.50	72.05	59.54	58.35	56.83	55.32	53.91	52.16

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BlackLine Financial Statements

What was BlackLine's revenue in fiscal 2025?

BlackLine reported revenue of $700.43M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 7.2% from $653.34M a year earlier.

Is BlackLine profitable?

Yes. BlackLine earned net income of $24.52M in fiscal 2025, a net margin of 3.5%. In fiscal 2024 it earned $161.17M.

What is BlackLine's operating margin?

BlackLine's operating income was $40.18M on revenue of $700.43M in fiscal 2025, an operating margin of 5.7%, compared with 2.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition