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Side-by-side financial comparison of BLACKLINE, INC. (BL) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.
FIRST INTERSTATE BANCSYSTEM INC is the larger business by last-quarter revenue ($313.0M vs $183.2M, roughly 1.7× BLACKLINE, INC.). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 2.7%, a 32.1% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 8.1%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% 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.
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.
BL vs FIBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $313.0M |
| Net Profit | $4.9M | $108.8M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | 44.5% |
| Net Margin | 2.7% | 34.8% |
| Revenue YoY | 8.1% | 19.8% |
| Net Profit YoY | -91.3% | 108.8% |
| EPS (diluted) | $0.07 | $1.07 |
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 | $313.0M | ||
| Q3 25 | $178.3M | $250.5M | ||
| Q2 25 | $172.0M | $248.3M | ||
| Q1 25 | $166.9M | $247.0M | ||
| Q4 24 | $169.5M | $261.3M | ||
| Q3 24 | $165.9M | $251.9M | ||
| Q2 24 | $160.5M | $244.3M | ||
| Q1 24 | $157.5M | $242.2M |
| Q4 25 | $4.9M | $108.8M | ||
| Q3 25 | $5.3M | $71.4M | ||
| Q2 25 | $8.3M | $71.7M | ||
| Q1 25 | $6.1M | $50.2M | ||
| Q4 24 | $56.4M | $52.1M | ||
| Q3 24 | $17.2M | $55.5M | ||
| Q2 24 | $76.7M | $60.0M | ||
| Q1 24 | $10.8M | $58.4M |
| 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% | 44.5% | ||
| Q3 25 | 4.3% | 37.0% | ||
| Q2 25 | 4.4% | 37.7% | ||
| Q1 25 | 2.1% | 26.9% | ||
| Q4 24 | 3.7% | 25.5% | ||
| Q3 24 | 5.0% | 28.9% | ||
| Q2 24 | 1.4% | 32.1% | ||
| Q1 24 | 1.1% | 31.7% |
| Q4 25 | 2.7% | 34.8% | ||
| Q3 25 | 3.0% | 28.5% | ||
| Q2 25 | 4.8% | 28.9% | ||
| Q1 25 | 3.6% | 20.3% | ||
| Q4 24 | 33.3% | 19.9% | ||
| Q3 24 | 10.4% | 22.0% | ||
| Q2 24 | 47.8% | 24.6% | ||
| Q1 24 | 6.9% | 24.1% |
| Q4 25 | $0.07 | $1.07 | ||
| Q3 25 | $0.09 | $0.69 | ||
| Q2 25 | $0.13 | $0.69 | ||
| Q1 25 | $0.10 | $0.49 | ||
| Q4 24 | $0.79 | $0.50 | ||
| Q3 24 | $0.27 | $0.54 | ||
| Q2 24 | $0.22 | $0.58 | ||
| Q1 24 | $0.17 | $0.57 |
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 | — |
| Total DebtLower is stronger | — | $146.3M |
| Stockholders' EquityBook value | $332.3M | $3.4B |
| Total Assets | $1.8B | $26.6B |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | — | ||
| Q3 25 | $419.9M | — | ||
| Q2 25 | $459.1M | — | ||
| Q1 25 | $479.5M | — | ||
| Q4 24 | $885.9M | — | ||
| Q3 24 | $725.3M | — | ||
| Q2 24 | $616.6M | — | ||
| Q1 24 | $331.4M | — |
| Q4 25 | — | $146.3M | ||
| Q3 25 | — | $146.2M | ||
| Q2 25 | — | $252.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $132.2M | ||
| Q3 24 | — | $137.3M | ||
| Q2 24 | — | $383.4M | ||
| Q1 24 | — | $370.8M |
| Q4 25 | $332.3M | $3.4B | ||
| Q3 25 | $328.3M | $3.4B | ||
| Q2 25 | $414.0M | $3.4B | ||
| Q1 25 | $417.9M | $3.4B | ||
| Q4 24 | $446.7M | $3.3B | ||
| Q3 24 | $367.9M | $3.4B | ||
| Q2 24 | $325.8M | $3.2B | ||
| Q1 24 | $279.8M | $3.2B |
| Q4 25 | $1.8B | $26.6B | ||
| Q3 25 | $1.7B | $27.3B | ||
| Q2 25 | $1.8B | $27.6B | ||
| Q1 25 | $1.8B | $28.3B | ||
| Q4 24 | $1.8B | $29.1B | ||
| Q3 24 | $1.7B | $29.6B | ||
| Q2 24 | $1.9B | $30.3B | ||
| Q1 24 | $2.1B | $30.1B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
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 | $305.6M |
| Free Cash FlowOCF − Capex | $26.1M | — |
| FCF MarginFCF / Revenue | 14.2% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 5.46× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $305.6M | ||
| Q3 25 | $63.8M | $91.7M | ||
| Q2 25 | $32.3M | $68.1M | ||
| Q1 25 | $46.7M | $78.5M | ||
| Q4 24 | $43.8M | $355.0M | ||
| Q3 24 | $55.9M | $89.9M | ||
| Q2 24 | $40.7M | $82.3M | ||
| Q1 24 | $50.4M | $87.6M |
| 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 24 | $50.1M | — |
| 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 24 | 31.8% | — |
| 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 24 | 0.2% | — |
| Q4 25 | 5.46× | 2.81× | ||
| Q3 25 | 12.07× | 1.28× | ||
| Q2 25 | 3.90× | 0.95× | ||
| Q1 25 | 7.72× | 1.56× | ||
| Q4 24 | 0.78× | 6.81× | ||
| Q3 24 | 3.24× | 1.62× | ||
| Q2 24 | 0.53× | 1.37× | ||
| Q1 24 | 4.66× | 1.50× |
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% |
FIBK
Segment breakdown not available.
