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Side-by-side financial comparison of BLACKLINE, INC. (BL) and Eastern Bankshares, Inc. (EBC). Click either name above to swap in a different company.
Eastern Bankshares, Inc. is the larger business by last-quarter revenue ($295.9M vs $183.2M, roughly 1.6× BLACKLINE, INC.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 2.7%, a 19.4% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 8.1%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% 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.
Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.
BL vs EBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $295.9M |
| Net Profit | $4.9M | $65.3M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | — |
| Net Margin | 2.7% | 22.1% |
| Revenue YoY | 8.1% | 710.6% |
| Net Profit YoY | -91.3% | -34.4% |
| EPS (diluted) | $0.07 | $0.29 |
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 | — | $295.9M | ||
| Q4 25 | $183.2M | $37.5M | ||
| Q3 25 | $178.3M | $241.5M | ||
| Q2 25 | $172.0M | $244.9M | ||
| Q1 25 | $166.9M | $31.1M | ||
| Q4 24 | $169.5M | $216.5M | ||
| Q3 24 | $165.9M | $203.4M | ||
| Q2 24 | $160.5M | $154.0M |
| Q1 26 | — | $65.3M | ||
| Q4 25 | $4.9M | $99.5M | ||
| Q3 25 | $5.3M | $106.1M | ||
| Q2 25 | $8.3M | $100.2M | ||
| Q1 25 | $6.1M | $-217.7M | ||
| Q4 24 | $56.4M | $60.8M | ||
| Q3 24 | $17.2M | $-6.2M | ||
| Q2 24 | $76.7M | $26.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 3.7% | — | ||
| Q3 25 | 4.3% | 38.9% | ||
| Q2 25 | 4.4% | 41.0% | ||
| Q1 25 | 2.1% | -590.9% | ||
| Q4 24 | 3.7% | 33.3% | ||
| Q3 24 | 5.0% | -1.6% | ||
| Q2 24 | 1.4% | 24.7% |
| Q1 26 | — | 22.1% | ||
| Q4 25 | 2.7% | 265.6% | ||
| Q3 25 | 3.0% | 44.0% | ||
| Q2 25 | 4.8% | 40.9% | ||
| Q1 25 | 3.6% | -699.2% | ||
| Q4 24 | 33.3% | 28.1% | ||
| Q3 24 | 10.4% | -3.0% | ||
| Q2 24 | 47.8% | 17.1% |
| Q1 26 | — | $0.29 | ||
| Q4 25 | $0.07 | $0.48 | ||
| Q3 25 | $0.09 | $0.53 | ||
| Q2 25 | $0.13 | $0.50 | ||
| Q1 25 | $0.10 | $-1.08 | ||
| Q4 24 | $0.79 | $0.29 | ||
| Q3 24 | $0.27 | $-0.03 | ||
| Q2 24 | $0.22 | $0.16 |
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 | $551.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $4.3B |
| Total Assets | $1.8B | $30.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $551.7M | ||
| Q4 25 | $390.0M | $507.6M | ||
| Q3 25 | $419.9M | $703.4M | ||
| Q2 25 | $459.1M | $948.3M | ||
| Q1 25 | $479.5M | $609.0M | ||
| Q4 24 | $885.9M | $1.9B | ||
| Q3 24 | $725.3M | $1.7B | ||
| Q2 24 | $616.6M | $1.4B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $332.3M | $4.3B | ||
| Q3 25 | $328.3M | $3.8B | ||
| Q2 25 | $414.0M | $3.7B | ||
| Q1 25 | $417.9M | $3.6B | ||
| Q4 24 | $446.7M | $3.6B | ||
| Q3 24 | $367.9M | $3.7B | ||
| Q2 24 | $325.8M | $3.0B |
| Q1 26 | — | $30.6B | ||
| Q4 25 | $1.8B | $30.6B | ||
| Q3 25 | $1.7B | $25.5B | ||
| Q2 25 | $1.8B | $25.5B | ||
| Q1 25 | $1.8B | $25.0B | ||
| Q4 24 | $1.8B | $25.6B | ||
| Q3 24 | $1.7B | $25.5B | ||
| Q2 24 | $1.9B | $21.0B |
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 | $432.4M | ||
| Q3 25 | $63.8M | $157.1M | ||
| Q2 25 | $32.3M | $123.9M | ||
| Q1 25 | $46.7M | $47.3M | ||
| Q4 24 | $43.8M | $283.8M | ||
| Q3 24 | $55.9M | $108.3M | ||
| Q2 24 | $40.7M | $54.3M |
| 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× | 4.35× | ||
| Q3 25 | 12.07× | 1.48× | ||
| Q2 25 | 3.90× | 1.24× | ||
| Q1 25 | 7.72× | — | ||
| Q4 24 | 0.78× | 4.67× | ||
| Q3 24 | 3.24× | — | ||
| Q2 24 | 0.53× | 2.06× |
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% |
EBC
Segment breakdown not available.
