vs
Side-by-side financial comparison of BLACKLINE, INC. (BL) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $110.0M, roughly 1.7× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 2.7%, a 17.0% gap on every dollar of revenue. Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs 6.9%).
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.
FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.
BL vs FSUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $110.0M |
| Net Profit | $4.9M | $21.6M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | — |
| Net Margin | 2.7% | 19.6% |
| Revenue YoY | 8.1% | — |
| Net Profit YoY | -91.3% | -8.4% |
| EPS (diluted) | $0.07 | $0.76 |
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 | — | $110.0M | ||
| Q4 25 | $183.2M | $110.2M | ||
| Q3 25 | $178.3M | $107.3M | ||
| Q2 25 | $172.0M | $105.6M | ||
| Q1 25 | $166.9M | $96.2M | ||
| Q4 24 | $169.5M | $98.7M | ||
| Q3 24 | $165.9M | $98.2M | ||
| Q2 24 | $160.5M | $96.2M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $4.9M | $24.8M | ||
| Q3 25 | $5.3M | $23.2M | ||
| Q2 25 | $8.3M | $26.4M | ||
| Q1 25 | $6.1M | $23.6M | ||
| Q4 24 | $56.4M | $16.4M | ||
| Q3 24 | $17.2M | $22.4M | ||
| Q2 24 | $76.7M | $24.6M |
| 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% | 29.0% | ||
| Q3 25 | 4.3% | 26.4% | ||
| Q2 25 | 4.4% | 31.2% | ||
| Q1 25 | 2.1% | 30.9% | ||
| Q4 24 | 3.7% | 20.4% | ||
| Q3 24 | 5.0% | 29.1% | ||
| Q2 24 | 1.4% | 32.3% |
| Q1 26 | — | 19.6% | ||
| Q4 25 | 2.7% | 22.5% | ||
| Q3 25 | 3.0% | 21.6% | ||
| Q2 25 | 4.8% | 25.0% | ||
| Q1 25 | 3.6% | 24.5% | ||
| Q4 24 | 33.3% | 16.6% | ||
| Q3 24 | 10.4% | 22.8% | ||
| Q2 24 | 47.8% | 25.5% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.07 | $0.89 | ||
| Q3 25 | $0.09 | $0.82 | ||
| Q2 25 | $0.13 | $0.93 | ||
| Q1 25 | $0.10 | $0.83 | ||
| Q4 24 | $0.79 | $0.57 | ||
| Q3 24 | $0.27 | $0.79 | ||
| Q2 24 | $0.22 | $0.88 |
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 | $413.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $1.2B |
| Total Assets | $1.8B | $8.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $413.7M | ||
| Q4 25 | $390.0M | $652.6M | ||
| Q3 25 | $419.9M | $659.9M | ||
| Q2 25 | $459.1M | $785.1M | ||
| Q1 25 | $479.5M | $621.4M | ||
| Q4 24 | $885.9M | $615.9M | ||
| Q3 24 | $725.3M | $573.7M | ||
| Q2 24 | $616.6M | $535.8M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $332.3M | $1.2B | ||
| Q3 25 | $328.3M | $1.1B | ||
| Q2 25 | $414.0M | $1.1B | ||
| Q1 25 | $417.9M | $1.1B | ||
| Q4 24 | $446.7M | $1.0B | ||
| Q3 24 | $367.9M | $1.0B | ||
| Q2 24 | $325.8M | $996.6M |
| Q1 26 | — | $8.6B | ||
| Q4 25 | $1.8B | $8.5B | ||
| Q3 25 | $1.7B | $8.5B | ||
| Q2 25 | $1.8B | $8.4B | ||
| Q1 25 | $1.8B | $8.2B | ||
| Q4 24 | $1.8B | $8.1B | ||
| Q3 24 | $1.7B | $8.1B | ||
| Q2 24 | $1.9B | $8.0B |
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 | $111.5M | ||
| Q3 25 | $63.8M | $49.4M | ||
| Q2 25 | $32.3M | $15.0M | ||
| Q1 25 | $46.7M | $26.4M | ||
| Q4 24 | $43.8M | $101.1M | ||
| Q3 24 | $55.9M | $48.1M | ||
| Q2 24 | $40.7M | $20.9M |
| Q1 26 | — | — | ||
| Q4 25 | $26.1M | $104.0M | ||
| Q3 25 | $63.3M | $47.6M | ||
| Q2 25 | $31.4M | $13.0M | ||
| Q1 25 | $40.8M | $24.3M | ||
| Q4 24 | $43.0M | $95.7M | ||
| Q3 24 | $55.5M | $47.1M | ||
| Q2 24 | $40.0M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | 94.3% | ||
| Q3 25 | 35.5% | 44.4% | ||
| Q2 25 | 18.2% | 12.3% | ||
| Q1 25 | 24.4% | 25.3% | ||
| Q4 24 | 25.4% | 97.0% | ||
| Q3 24 | 33.5% | 47.9% | ||
| Q2 24 | 24.9% | 20.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 6.8% | ||
| Q3 25 | 0.3% | 1.6% | ||
| Q2 25 | 0.6% | 1.9% | ||
| Q1 25 | 3.6% | 2.1% | ||
| Q4 24 | 0.4% | 5.5% | ||
| Q3 24 | 0.2% | 1.1% | ||
| Q2 24 | 0.4% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 5.46× | 4.49× | ||
| Q3 25 | 12.07× | 2.13× | ||
| Q2 25 | 3.90× | 0.57× | ||
| Q1 25 | 7.72× | 1.12× | ||
| Q4 24 | 0.78× | 6.18× | ||
| Q3 24 | 3.24× | 2.15× | ||
| Q2 24 | 0.53× | 0.85× |
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% |
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
