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Side-by-side financial comparison of BLACKLINE, INC. (BL) and Douglas Elliman Inc. (DOUG). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $183.2M, roughly 1.3× BLACKLINE, INC.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 2.7%, a 25.3% gap on every dollar of revenue. On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs 0.9%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% 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.
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
BL vs DOUG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $245.4M |
| Net Profit | $4.9M | $68.6M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | 27.3% |
| Net Margin | 2.7% | 27.9% |
| Revenue YoY | 8.1% | 0.9% |
| Net Profit YoY | -91.3% | 1243.4% |
| EPS (diluted) | $0.07 | $0.80 |
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 | $245.4M | ||
| Q3 25 | $178.3M | $262.8M | ||
| Q2 25 | $172.0M | $271.4M | ||
| Q1 25 | $166.9M | $253.4M | ||
| Q4 24 | $169.5M | $243.3M | ||
| Q3 24 | $165.9M | $266.3M | ||
| Q2 24 | $160.5M | $285.8M | ||
| Q1 24 | $157.5M | $200.2M |
| Q4 25 | $4.9M | $68.6M | ||
| Q3 25 | $5.3M | $-24.7M | ||
| Q2 25 | $8.3M | $-22.7M | ||
| Q1 25 | $6.1M | $-6.0M | ||
| Q4 24 | $56.4M | $-6.0M | ||
| Q3 24 | $17.2M | $-27.2M | ||
| Q2 24 | $76.7M | $-1.7M | ||
| Q1 24 | $10.8M | $-41.5M |
| Q4 25 | 75.2% | — | ||
| Q3 25 | 75.1% | — | ||
| Q2 25 | 75.2% | — | ||
| Q1 25 | 75.5% | — | ||
| Q4 24 | 75.6% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 74.9% | — | ||
| Q1 24 | 75.2% | — |
| Q4 25 | 3.7% | 27.3% | ||
| Q3 25 | 4.3% | -4.1% | ||
| Q2 25 | 4.4% | -2.0% | ||
| Q1 25 | 2.1% | -2.1% | ||
| Q4 24 | 3.7% | -6.7% | ||
| Q3 24 | 5.0% | -2.8% | ||
| Q2 24 | 1.4% | -1.3% | ||
| Q1 24 | 1.1% | -20.7% |
| Q4 25 | 2.7% | 27.9% | ||
| Q3 25 | 3.0% | -9.4% | ||
| Q2 25 | 4.8% | -8.4% | ||
| Q1 25 | 3.6% | -2.4% | ||
| Q4 24 | 33.3% | -2.5% | ||
| Q3 24 | 10.4% | -10.2% | ||
| Q2 24 | 47.8% | -0.6% | ||
| Q1 24 | 6.9% | -20.7% |
| Q4 25 | $0.07 | $0.80 | ||
| Q3 25 | $0.09 | $-0.29 | ||
| Q2 25 | $0.13 | $-0.27 | ||
| Q1 25 | $0.10 | $-0.07 | ||
| Q4 24 | $0.79 | $-0.06 | ||
| Q3 24 | $0.27 | $-0.33 | ||
| Q2 24 | $0.22 | $-0.02 | ||
| Q1 24 | $0.17 | $-0.50 |
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 | $115.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $183.9M |
| Total Assets | $1.8B | $444.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $115.5M | ||
| Q3 25 | $419.9M | $143.0M | ||
| Q2 25 | $459.1M | $136.3M | ||
| Q1 25 | $479.5M | $136.8M | ||
| Q4 24 | $885.9M | $145.5M | ||
| Q3 24 | $725.3M | $151.4M | ||
| Q2 24 | $616.6M | $92.9M | ||
| Q1 24 | $331.4M | $91.5M |
| Q4 25 | $332.3M | $183.9M | ||
| Q3 25 | $328.3M | $115.1M | ||
| Q2 25 | $414.0M | $137.6M | ||
| Q1 25 | $417.9M | $158.2M | ||
| Q4 24 | $446.7M | $162.2M | ||
| Q3 24 | $367.9M | $173.6M | ||
| Q2 24 | $325.8M | $196.9M | ||
| Q1 24 | $279.8M | $195.1M |
| Q4 25 | $1.8B | $444.4M | ||
| Q3 25 | $1.7B | $480.6M | ||
| Q2 25 | $1.8B | $489.0M | ||
| Q1 25 | $1.8B | $493.9M | ||
| Q4 24 | $1.8B | $493.9M | ||
| Q3 24 | $1.7B | $502.7M | ||
| Q2 24 | $1.9B | $463.9M | ||
| Q1 24 | $2.1B | $461.1M |
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 | $-14.4M |
| Free Cash FlowOCF − Capex | $26.1M | $-14.7M |
| FCF MarginFCF / Revenue | 14.2% | -6.0% |
| Capex IntensityCapex / Revenue | 0.3% | 0.1% |
| Cash ConversionOCF / Net Profit | 5.46× | -0.21× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $-17.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $-14.4M | ||
| Q3 25 | $63.8M | $5.5M | ||
| Q2 25 | $32.3M | $642.0K | ||
| Q1 25 | $46.7M | $-5.6M | ||
| Q4 24 | $43.8M | $-9.0M | ||
| Q3 24 | $55.9M | $9.0M | ||
| Q2 24 | $40.7M | $1.3M | ||
| Q1 24 | $50.4M | $-27.3M |
| Q4 25 | $26.1M | $-14.7M | ||
| Q3 25 | $63.3M | $4.7M | ||
| Q2 25 | $31.4M | $-575.0K | ||
| Q1 25 | $40.8M | $-6.7M | ||
| Q4 24 | $43.0M | $-10.2M | ||
| Q3 24 | $55.5M | $7.7M | ||
| Q2 24 | $40.0M | $432.0K | ||
| Q1 24 | $50.1M | $-29.4M |
| Q4 25 | 14.2% | -6.0% | ||
| Q3 25 | 35.5% | 1.8% | ||
| Q2 25 | 18.2% | -0.2% | ||
| Q1 25 | 24.4% | -2.6% | ||
| Q4 24 | 25.4% | -4.2% | ||
| Q3 24 | 33.5% | 2.9% | ||
| Q2 24 | 24.9% | 0.2% | ||
| Q1 24 | 31.8% | -14.7% |
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.6% | 0.4% | ||
| Q1 25 | 3.6% | 0.4% | ||
| Q4 24 | 0.4% | 0.5% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.4% | 0.3% | ||
| Q1 24 | 0.2% | 1.0% |
| Q4 25 | 5.46× | -0.21× | ||
| Q3 25 | 12.07× | — | ||
| Q2 25 | 3.90× | — | ||
| Q1 25 | 7.72× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 3.24× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | 4.66× | — |
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% |
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
