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Side-by-side financial comparison of BLACKLINE, INC. (BL) and DMC Global Inc. (BOOM). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $143.5M, roughly 1.3× DMC Global Inc.). BLACKLINE, INC. runs the higher net margin — 2.7% vs -7.8%, a 10.4% gap on every dollar of revenue. On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs -5.8%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $9.6M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs -7.3%).
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.
DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia
BL vs BOOM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $143.5M |
| Net Profit | $4.9M | $-11.2M |
| Gross Margin | 75.2% | 17.1% |
| Operating Margin | 3.7% | -7.8% |
| Net Margin | 2.7% | -7.8% |
| Revenue YoY | 8.1% | -5.8% |
| Net Profit YoY | -91.3% | -3871.6% |
| EPS (diluted) | $0.07 | $-0.60 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $183.2M | $143.5M | ||
| Q3 25 | $178.3M | $151.5M | ||
| Q2 25 | $172.0M | $155.5M | ||
| Q1 25 | $166.9M | $159.3M | ||
| Q4 24 | $169.5M | $152.4M | ||
| Q3 24 | $165.9M | $152.4M | ||
| Q2 24 | $160.5M | $171.2M | ||
| Q1 24 | $157.5M | $166.9M |
| Q4 25 | $4.9M | $-11.2M | ||
| Q3 25 | $5.3M | $-3.1M | ||
| Q2 25 | $8.3M | $116.0K | ||
| Q1 25 | $6.1M | $677.0K | ||
| Q4 24 | $56.4M | $296.0K | ||
| Q3 24 | $17.2M | $-101.3M | ||
| Q2 24 | $76.7M | $4.0M | ||
| Q1 24 | $10.8M | $2.6M |
| Q4 25 | 75.2% | 17.1% | ||
| Q3 25 | 75.1% | 21.7% | ||
| Q2 25 | 75.2% | 23.6% | ||
| Q1 25 | 75.5% | 25.9% | ||
| Q4 24 | 75.6% | 20.8% | ||
| Q3 24 | 75.2% | 19.8% | ||
| Q2 24 | 74.9% | 27.1% | ||
| Q1 24 | 75.2% | 25.4% |
| Q4 25 | 3.7% | -7.8% | ||
| Q3 25 | 4.3% | 0.4% | ||
| Q2 25 | 4.4% | 2.5% | ||
| Q1 25 | 2.1% | 4.1% | ||
| Q4 24 | 3.7% | -0.5% | ||
| Q3 24 | 5.0% | -97.7% | ||
| Q2 24 | 1.4% | 6.8% | ||
| Q1 24 | 1.1% | 4.0% |
| Q4 25 | 2.7% | -7.8% | ||
| Q3 25 | 3.0% | -2.0% | ||
| Q2 25 | 4.8% | 0.1% | ||
| Q1 25 | 3.6% | 0.4% | ||
| Q4 24 | 33.3% | 0.2% | ||
| Q3 24 | 10.4% | -66.5% | ||
| Q2 24 | 47.8% | 2.3% | ||
| Q1 24 | 6.9% | 1.5% |
| Q4 25 | $0.07 | $-0.60 | ||
| Q3 25 | $0.09 | $-0.10 | ||
| Q2 25 | $0.13 | $-0.24 | ||
| Q1 25 | $0.10 | $0.04 | ||
| Q4 24 | $0.79 | $-0.18 | ||
| Q3 24 | $0.27 | $-8.27 | ||
| Q2 24 | $0.22 | $0.24 | ||
| Q1 24 | $0.17 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $390.0M | $31.9M |
| Total DebtLower is stronger | — | $50.6M |
| Stockholders' EquityBook value | $332.3M | $242.1M |
| Total Assets | $1.8B | $635.8M |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $31.9M | ||
| Q3 25 | $419.9M | $26.4M | ||
| Q2 25 | $459.1M | $12.4M | ||
| Q1 25 | $479.5M | $14.7M | ||
| Q4 24 | $885.9M | $14.3M | ||
| Q3 24 | $725.3M | $14.5M | ||
| Q2 24 | $616.6M | $14.6M | ||
| Q1 24 | $331.4M | $20.4M |
| Q4 25 | — | $50.6M | ||
| Q3 25 | — | $56.5M | ||
| Q2 25 | — | $58.7M | ||
| Q1 25 | — | $72.4M | ||
| Q4 24 | — | $70.8M | ||
| Q3 24 | — | $74.2M | ||
| Q2 24 | — | $84.1M | ||
| Q1 24 | — | $88.0M |
| Q4 25 | $332.3M | $242.1M | ||
| Q3 25 | $328.3M | $253.0M | ||
| Q2 25 | $414.0M | $253.9M | ||
| Q1 25 | $417.9M | $253.9M | ||
| Q4 24 | $446.7M | $251.0M | ||
| Q3 24 | $367.9M | $256.5M | ||
| Q2 24 | $325.8M | $416.0M | ||
| Q1 24 | $279.8M | $409.9M |
| Q4 25 | $1.8B | $635.8M | ||
| Q3 25 | $1.7B | $644.1M | ||
| Q2 25 | $1.8B | $645.0M | ||
| Q1 25 | $1.8B | $670.6M | ||
| Q4 24 | $1.8B | $671.3M | ||
| Q3 24 | $1.7B | $702.0M | ||
| Q2 24 | $1.9B | $869.5M | ||
| Q1 24 | $2.1B | $860.0M |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | 0.21× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $26.7M | $15.2M |
| Free Cash FlowOCF − Capex | $26.1M | $9.6M |
| FCF MarginFCF / Revenue | 14.2% | 6.7% |
| Capex IntensityCapex / Revenue | 0.3% | 3.9% |
| Cash ConversionOCF / Net Profit | 5.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $37.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $15.2M | ||
| Q3 25 | $63.8M | $18.6M | ||
| Q2 25 | $32.3M | $15.2M | ||
| Q1 25 | $46.7M | $4.5M | ||
| Q4 24 | $43.8M | $11.8M | ||
| Q3 24 | $55.9M | $19.0M | ||
| Q2 24 | $40.7M | $2.3M | ||
| Q1 24 | $50.4M | $13.4M |
| Q4 25 | $26.1M | $9.6M | ||
| Q3 25 | $63.3M | $14.4M | ||
| Q2 25 | $31.4M | $12.3M | ||
| Q1 25 | $40.8M | $709.0K | ||
| Q4 24 | $43.0M | $6.1M | ||
| Q3 24 | $55.5M | $12.9M | ||
| Q2 24 | $40.0M | $-204.0K | ||
| Q1 24 | $50.1M | $10.5M |
| Q4 25 | 14.2% | 6.7% | ||
| Q3 25 | 35.5% | 9.5% | ||
| Q2 25 | 18.2% | 7.9% | ||
| Q1 25 | 24.4% | 0.4% | ||
| Q4 24 | 25.4% | 4.0% | ||
| Q3 24 | 33.5% | 8.5% | ||
| Q2 24 | 24.9% | -0.1% | ||
| Q1 24 | 31.8% | 6.3% |
| Q4 25 | 0.3% | 3.9% | ||
| Q3 25 | 0.3% | 2.8% | ||
| Q2 25 | 0.6% | 1.9% | ||
| Q1 25 | 3.6% | 2.4% | ||
| Q4 24 | 0.4% | 3.7% | ||
| Q3 24 | 0.2% | 4.0% | ||
| Q2 24 | 0.4% | 1.5% | ||
| Q1 24 | 0.2% | 1.8% |
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | — | ||
| Q2 25 | 3.90× | 131.43× | ||
| Q1 25 | 7.72× | 6.63× | ||
| Q4 24 | 0.78× | 39.90× | ||
| Q3 24 | 3.24× | — | ||
| Q2 24 | 0.53× | 0.58× | ||
| Q1 24 | 4.66× | 5.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
BOOM
| Dyna Energetics Segment | $68.9M | 48% |
| Other | $57.0M | 40% |
| Nobel Clad Segment | $17.7M | 12% |
