BLACKLINE, INC.BLEarnings & Financial Report
BlackLine Systems, Inc., is an American enterprise software company that develops cloud-based services designed to automate and manage the entire financial close process as well as consolidation, invoice-to-cash, and intercompany accounting. The Los Angeles–based company has 17 offices worldwide.
Revenue
$166.9M
Gross Profit
$126.0M
Operating Profit
$3.6M
Net Profit
$6.1M
Gross Margin
75.5%
Operating Margin
2.1%
Net Margin
3.6%
YoY Growth
6.0%
EPS
$0.10
BLACKLINE, INC. Q1 FY2025 Financial Summary
BLACKLINE, INC. reported revenue of $166.9M (up 6.0% YoY) for Q1 FY2025, with a net profit of $6.1M (down 44.1% YoY) (3.6% margin). Cost of goods sold was $40.9M, operating expenses totaled $122.4M.
Key Financial Metrics
| Total Revenue | $166.9M |
|---|---|
| Net Profit | $6.1M |
| Gross Margin | 75.5% |
| Operating Margin | 2.1% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
BLACKLINE, INC. Q1 FY2025 revenue of $166.9M breaks down across 2 segments, led by Subscription And Circulation at $158.5M (94.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription And Circulation | $158.5M | 94.9% |
| Technology Service | $8.5M | 5.1% |
BLACKLINE, INC. Revenue by Segment — Quarterly Trend
BLACKLINE, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription And Circulation and Technology Service) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Subscription And Circulation | $173.2M | $168.2M | $163.0M | $158.5M |
| Technology Service | $10.0M | $10.1M | $9.0M | $8.5M |
BLACKLINE, INC. Annual Revenue by Year
BLACKLINE, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $700.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $700.4M |
| 2024 | $653.3M |
| 2023 | $590.0M |
| 2022 | $522.9M |
BLACKLINE, INC. Quarterly Revenue & Net Profit History
BLACKLINE, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $183.2M | +8.1% | $4.9M | 2.7% |
| Q3 FY2025 | $178.3M | +7.5% | $5.3M | 3.0% |
| Q2 FY2025 | $172.0M | +7.2% | $8.3M | 4.8% |
| Q1 FY2025 | $166.9M | +6.0% | $6.1M | 3.6% |
| Q4 FY2024 | $169.5M | +8.8% | $56.4M | 33.3% |
| Q3 FY2024 | $165.9M | +10.1% | $17.2M | 10.4% |
| Q2 FY2024 | $160.5M | +11.0% | $76.7M | 47.8% |
| Q1 FY2024 | $157.5M | +13.3% | $10.8M | 6.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $157.5M | $160.5M | $165.9M | $169.5M | $166.9M | $172.0M | $178.3M | $183.2M |
| YoY Growth | 13.3% | 11.0% | 10.1% | 8.8% | 6.0% | 7.2% | 7.5% | 8.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.09B | $1.89B | $1.70B | $1.83B | $1.78B | $1.79B | $1.70B | $1.76B |
| Liabilities | $1.78B | $1.53B | $1.30B | $1.34B | $1.33B | $1.34B | $1.34B | $1.39B |
| Equity | $279.8M | $325.8M | $367.9M | $446.7M | $417.9M | $414.0M | $328.3M | $332.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $50.4M | $40.7M | $55.9M | $43.8M | $46.7M | $32.3M | $63.8M | $26.7M |