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Side-by-side financial comparison of BLACKLINE, INC. (BL) and Climb Global Solutions, Inc. (CLMB). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $182.4M, roughly 1.0× Climb Global Solutions, Inc.). BLACKLINE, INC. runs the higher net margin — 2.7% vs 1.8%, a 0.8% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (32.1% vs 8.1%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs 7.9%).
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.
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
BL vs CLMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $182.4M |
| Net Profit | $4.9M | $3.3M |
| Gross Margin | 75.2% | 14.5% |
| Operating Margin | 3.7% | 2.1% |
| Net Margin | 2.7% | 1.8% |
| Revenue YoY | 8.1% | 32.1% |
| Net Profit YoY | -91.3% | -9.5% |
| EPS (diluted) | $0.07 | $0.18 |
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.
| Q1 26 | — | $182.4M | ||
| Q4 25 | $183.2M | $193.8M | ||
| Q3 25 | $178.3M | $161.3M | ||
| Q2 25 | $172.0M | $159.3M | ||
| Q1 25 | $166.9M | $138.0M | ||
| Q4 24 | $169.5M | $161.8M | ||
| Q3 24 | $165.9M | $119.3M | ||
| Q2 24 | $160.5M | $92.1M |
| Q1 26 | — | $3.3M | ||
| Q4 25 | $4.9M | $7.0M | ||
| Q3 25 | $5.3M | $4.7M | ||
| Q2 25 | $8.3M | $6.0M | ||
| Q1 25 | $6.1M | $3.7M | ||
| Q4 24 | $56.4M | $7.0M | ||
| Q3 24 | $17.2M | $5.5M | ||
| Q2 24 | $76.7M | $3.4M |
| Q1 26 | — | 14.5% | ||
| Q4 25 | 75.2% | 15.4% | ||
| Q3 25 | 75.1% | 15.9% | ||
| Q2 25 | 75.2% | 16.5% | ||
| Q1 25 | 75.5% | 16.9% | ||
| Q4 24 | 75.6% | 19.3% | ||
| Q3 24 | 75.2% | 20.3% | ||
| Q2 24 | 74.9% | 20.2% |
| Q1 26 | — | 2.1% | ||
| Q4 25 | 3.7% | 4.9% | ||
| Q3 25 | 4.3% | 4.3% | ||
| Q2 25 | 4.4% | 5.0% | ||
| Q1 25 | 2.1% | 3.5% | ||
| Q4 24 | 3.7% | 7.2% | ||
| Q3 24 | 5.0% | 7.1% | ||
| Q2 24 | 1.4% | 4.6% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 2.7% | 3.6% | ||
| Q3 25 | 3.0% | 2.9% | ||
| Q2 25 | 4.8% | 3.7% | ||
| Q1 25 | 3.6% | 2.7% | ||
| Q4 24 | 33.3% | 4.3% | ||
| Q3 24 | 10.4% | 4.6% | ||
| Q2 24 | 47.8% | 3.7% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.07 | $1.51 | ||
| Q3 25 | $0.09 | $1.02 | ||
| Q2 25 | $0.13 | $1.30 | ||
| Q1 25 | $0.10 | $0.81 | ||
| Q4 24 | $0.79 | $1.52 | ||
| Q3 24 | $0.27 | $1.19 | ||
| Q2 24 | $0.22 | $0.75 |
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 | $41.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $118.4M |
| Total Assets | $1.8B | $458.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $41.8M | ||
| Q4 25 | $390.0M | $36.6M | ||
| Q3 25 | $419.9M | $49.8M | ||
| Q2 25 | $459.1M | $28.6M | ||
| Q1 25 | $479.5M | $32.5M | ||
| Q4 24 | $885.9M | $29.8M | ||
| Q3 24 | $725.3M | $22.1M | ||
| Q2 24 | $616.6M | $48.4M |
| Q1 26 | — | $118.4M | ||
| Q4 25 | $332.3M | $116.6M | ||
| Q3 25 | $328.3M | $109.3M | ||
| Q2 25 | $414.0M | $105.2M | ||
| Q1 25 | $417.9M | $95.6M | ||
| Q4 24 | $446.7M | $90.6M | ||
| Q3 24 | $367.9M | $87.7M | ||
| Q2 24 | $325.8M | $79.8M |
| Q1 26 | — | $458.8M | ||
| Q4 25 | $1.8B | $460.2M | ||
| Q3 25 | $1.7B | $376.1M | ||
| Q2 25 | $1.8B | $420.7M | ||
| Q1 25 | $1.8B | $370.1M | ||
| Q4 24 | $1.8B | $469.2M | ||
| Q3 24 | $1.7B | $371.9M | ||
| Q2 24 | $1.9B | $302.8M |
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 | — |
| Free Cash FlowOCF − Capex | $26.1M | — |
| FCF MarginFCF / Revenue | 14.2% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 5.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.7M | $-11.9M | ||
| Q3 25 | $63.8M | $22.2M | ||
| Q2 25 | $32.3M | $-2.2M | ||
| Q1 25 | $46.7M | $8.5M | ||
| Q4 24 | $43.8M | $16.0M | ||
| Q3 24 | $55.9M | $-3.6M | ||
| Q2 24 | $40.7M | $7.3M |
| Q1 26 | — | — | ||
| Q4 25 | $26.1M | — | ||
| Q3 25 | $63.3M | — | ||
| Q2 25 | $31.4M | — | ||
| Q1 25 | $40.8M | — | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $55.5M | — | ||
| Q2 24 | $40.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | — | ||
| Q3 25 | 35.5% | — | ||
| Q2 25 | 18.2% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 33.5% | — | ||
| Q2 24 | 24.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 3.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.46× | -1.70× | ||
| Q3 25 | 12.07× | 4.73× | ||
| Q2 25 | 3.90× | -0.37× | ||
| Q1 25 | 7.72× | 2.30× | ||
| Q4 24 | 0.78× | 2.29× | ||
| Q3 24 | 3.24× | -0.66× | ||
| Q2 24 | 0.53× | 2.13× |
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% |
CLMB
Segment breakdown not available.
