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Side-by-side financial comparison of BLACKLINE, INC. (BL) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.
ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $183.2M, roughly 1.6× BLACKLINE, INC.). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs 2.7%, a 7.2% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs 8.1%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $26.1M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs 7.8%).
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.
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
BL vs ESE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $289.7M |
| Net Profit | $4.9M | $28.7M |
| Gross Margin | 75.2% | 41.4% |
| Operating Margin | 3.7% | 13.2% |
| Net Margin | 2.7% | 9.9% |
| Revenue YoY | 8.1% | 17.3% |
| Net Profit YoY | -91.3% | 22.2% |
| EPS (diluted) | $0.07 | $1.11 |
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 | $289.7M | ||
| Q3 25 | $178.3M | $286.5M | ||
| Q2 25 | $172.0M | $296.3M | ||
| Q1 25 | $166.9M | $265.5M | ||
| Q4 24 | $169.5M | $247.0M | ||
| Q3 24 | $165.9M | $298.5M | ||
| Q2 24 | $160.5M | $260.8M | ||
| Q1 24 | $157.5M | $249.1M |
| Q4 25 | $4.9M | $28.7M | ||
| Q3 25 | $5.3M | $218.7M | ||
| Q2 25 | $8.3M | $26.1M | ||
| Q1 25 | $6.1M | $31.0M | ||
| Q4 24 | $56.4M | $23.5M | ||
| Q3 24 | $17.2M | $34.3M | ||
| Q2 24 | $76.7M | $29.2M | ||
| Q1 24 | $10.8M | $23.2M |
| Q4 25 | 75.2% | 41.4% | ||
| Q3 25 | 75.1% | 45.9% | ||
| Q2 25 | 75.2% | 41.2% | ||
| Q1 25 | 75.5% | 41.1% | ||
| Q4 24 | 75.6% | 39.8% | ||
| Q3 24 | 75.2% | 40.1% | ||
| Q2 24 | 74.9% | 39.6% | ||
| Q1 24 | 75.2% | 38.8% |
| Q4 25 | 3.7% | 13.2% | ||
| Q3 25 | 4.3% | 17.2% | ||
| Q2 25 | 4.4% | 11.2% | ||
| Q1 25 | 2.1% | 15.3% | ||
| Q4 24 | 3.7% | 11.4% | ||
| Q3 24 | 5.0% | 14.8% | ||
| Q2 24 | 1.4% | 14.3% | ||
| Q1 24 | 1.1% | 11.7% |
| Q4 25 | 2.7% | 9.9% | ||
| Q3 25 | 3.0% | 76.3% | ||
| Q2 25 | 4.8% | 8.8% | ||
| Q1 25 | 3.6% | 11.7% | ||
| Q4 24 | 33.3% | 9.5% | ||
| Q3 24 | 10.4% | 11.5% | ||
| Q2 24 | 47.8% | 11.2% | ||
| Q1 24 | 6.9% | 9.3% |
| Q4 25 | $0.07 | $1.11 | ||
| Q3 25 | $0.09 | $8.43 | ||
| Q2 25 | $0.13 | $1.01 | ||
| Q1 25 | $0.10 | $1.20 | ||
| Q4 24 | $0.79 | $0.91 | ||
| Q3 24 | $0.27 | $1.32 | ||
| Q2 24 | $0.22 | $1.13 | ||
| Q1 24 | $0.17 | $0.90 |
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 | $103.8M |
| Total DebtLower is stronger | — | $145.5M |
| Stockholders' EquityBook value | $332.3M | $1.6B |
| Total Assets | $1.8B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $103.8M | ||
| Q3 25 | $419.9M | $101.3M | ||
| Q2 25 | $459.1M | $78.7M | ||
| Q1 25 | $479.5M | $57.4M | ||
| Q4 24 | $885.9M | $71.3M | ||
| Q3 24 | $725.3M | $66.0M | ||
| Q2 24 | $616.6M | $63.0M | ||
| Q1 24 | $331.4M | $59.4M |
| Q4 25 | — | $145.5M | ||
| Q3 25 | — | $186.0M | ||
| Q2 25 | — | $525.0M | ||
| Q1 25 | — | $88.0M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | — | $122.0M | ||
| Q2 24 | — | $173.0M | ||
| Q1 24 | — | $191.0M |
| Q4 25 | $332.3M | $1.6B | ||
| Q3 25 | $328.3M | $1.5B | ||
| Q2 25 | $414.0M | $1.3B | ||
| Q1 25 | $417.9M | $1.3B | ||
| Q4 24 | $446.7M | $1.2B | ||
| Q3 24 | $367.9M | $1.2B | ||
| Q2 24 | $325.8M | $1.2B | ||
| Q1 24 | $279.8M | $1.2B |
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | $1.7B | $2.4B | ||
| Q2 25 | $1.8B | $2.5B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.7B | $1.8B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $2.1B | $1.8B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.09× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.16× |
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 | $68.9M |
| Free Cash FlowOCF − Capex | $26.1M | $63.0M |
| FCF MarginFCF / Revenue | 14.2% | 21.7% |
| Capex IntensityCapex / Revenue | 0.3% | 2.0% |
| Cash ConversionOCF / Net Profit | 5.46× | 2.40× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $239.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $68.9M | ||
| Q3 25 | $63.8M | $109.9M | ||
| Q2 25 | $32.3M | $73.7M | ||
| Q1 25 | $46.7M | $24.1M | ||
| Q4 24 | $43.8M | $34.2M | ||
| Q3 24 | $55.9M | $72.1M | ||
| Q2 24 | $40.7M | $36.2M | ||
| Q1 24 | $50.4M | $10.5M |
| Q4 25 | $26.1M | $63.0M | ||
| Q3 25 | $63.3M | $97.8M | ||
| Q2 25 | $31.4M | $64.9M | ||
| Q1 25 | $40.8M | $14.0M | ||
| Q4 24 | $43.0M | $29.0M | ||
| Q3 24 | $55.5M | $60.9M | ||
| Q2 24 | $40.0M | $27.6M | ||
| Q1 24 | $50.1M | $2.0M |
| Q4 25 | 14.2% | 21.7% | ||
| Q3 25 | 35.5% | 34.1% | ||
| Q2 25 | 18.2% | 21.9% | ||
| Q1 25 | 24.4% | 5.3% | ||
| Q4 24 | 25.4% | 11.7% | ||
| Q3 24 | 33.5% | 20.4% | ||
| Q2 24 | 24.9% | 10.6% | ||
| Q1 24 | 31.8% | 0.8% |
| Q4 25 | 0.3% | 2.0% | ||
| Q3 25 | 0.3% | 4.2% | ||
| Q2 25 | 0.6% | 3.0% | ||
| Q1 25 | 3.6% | 3.8% | ||
| Q4 24 | 0.4% | 2.1% | ||
| Q3 24 | 0.2% | 3.8% | ||
| Q2 24 | 0.4% | 3.3% | ||
| Q1 24 | 0.2% | 3.4% |
| Q4 25 | 5.46× | 2.40× | ||
| Q3 25 | 12.07× | 0.50× | ||
| Q2 25 | 3.90× | 2.83× | ||
| Q1 25 | 7.72× | 0.78× | ||
| Q4 24 | 0.78× | 1.46× | ||
| Q3 24 | 3.24× | 2.10× | ||
| Q2 24 | 0.53× | 1.24× | ||
| Q1 24 | 4.66× | 0.45× |
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% |
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
