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Side-by-side financial comparison of BLACKLINE, INC. (BL) and Hippo Holdings Inc. (HIPO). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $120.4M, roughly 1.5× Hippo Holdings Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs 2.7%, a 2.3% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 8.1%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $9.1M). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% 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.
Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.
BL vs HIPO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $120.4M |
| Net Profit | $4.9M | $6.0M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | 5.6% |
| Net Margin | 2.7% | 5.0% |
| Revenue YoY | 8.1% | 18.2% |
| Net Profit YoY | -91.3% | -86.4% |
| EPS (diluted) | $0.07 | $0.31 |
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 | $120.4M | ||
| Q3 25 | $178.3M | $120.6M | ||
| Q2 25 | $172.0M | $117.3M | ||
| Q1 25 | $166.9M | $110.3M | ||
| Q4 24 | $169.5M | $101.9M | ||
| Q3 24 | $165.9M | $95.5M | ||
| Q2 24 | $160.5M | $89.6M | ||
| Q1 24 | $157.5M | $85.1M |
| Q4 25 | $4.9M | $6.0M | ||
| Q3 25 | $5.3M | $98.1M | ||
| Q2 25 | $8.3M | $1.3M | ||
| Q1 25 | $6.1M | $-47.7M | ||
| Q4 24 | $56.4M | $44.2M | ||
| Q3 24 | $17.2M | $-8.5M | ||
| Q2 24 | $76.7M | $-40.5M | ||
| Q1 24 | $10.8M | $-35.7M |
| 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% | 5.6% | ||
| Q3 25 | 4.3% | 81.3% | ||
| Q2 25 | 4.4% | 3.4% | ||
| Q1 25 | 2.1% | -41.3% | ||
| Q4 24 | 3.7% | 46.3% | ||
| Q3 24 | 5.0% | -5.4% | ||
| Q2 24 | 1.4% | -40.7% | ||
| Q1 24 | 1.1% | -38.7% |
| Q4 25 | 2.7% | 5.0% | ||
| Q3 25 | 3.0% | 81.3% | ||
| Q2 25 | 4.8% | 1.1% | ||
| Q1 25 | 3.6% | -43.2% | ||
| Q4 24 | 33.3% | 43.4% | ||
| Q3 24 | 10.4% | -8.9% | ||
| Q2 24 | 47.8% | -45.2% | ||
| Q1 24 | 6.9% | -42.0% |
| Q4 25 | $0.07 | $0.31 | ||
| Q3 25 | $0.09 | $3.77 | ||
| Q2 25 | $0.13 | $0.05 | ||
| Q1 25 | $0.10 | $-1.91 | ||
| Q4 24 | $0.79 | $1.81 | ||
| Q3 24 | $0.27 | $-0.34 | ||
| Q2 24 | $0.22 | $-1.64 | ||
| Q1 24 | $0.17 | $-1.47 |
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 | $218.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $436.1M |
| Total Assets | $1.8B | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $218.3M | ||
| Q3 25 | $419.9M | $247.7M | ||
| Q2 25 | $459.1M | $198.9M | ||
| Q1 25 | $479.5M | $140.9M | ||
| Q4 24 | $885.9M | $197.6M | ||
| Q3 24 | $725.3M | $191.2M | ||
| Q2 24 | $616.6M | $175.9M | ||
| Q1 24 | $331.4M | $223.4M |
| Q4 25 | $332.3M | $436.1M | ||
| Q3 25 | $328.3M | $421.5M | ||
| Q2 25 | $414.0M | $332.5M | ||
| Q1 25 | $417.9M | $322.8M | ||
| Q4 24 | $446.7M | $362.1M | ||
| Q3 24 | $367.9M | $326.4M | ||
| Q2 24 | $325.8M | $322.6M | ||
| Q1 24 | $279.8M | $351.2M |
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.7B | $1.9B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $1.7B | $1.5B | ||
| Q2 24 | $1.9B | $1.5B | ||
| Q1 24 | $2.1B | $1.5B |
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 | $9.2M |
| Free Cash FlowOCF − Capex | $26.1M | $9.1M |
| FCF MarginFCF / Revenue | 14.2% | 7.6% |
| Capex IntensityCapex / Revenue | 0.3% | 0.1% |
| Cash ConversionOCF / Net Profit | 5.46× | 1.53× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $14.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $9.2M | ||
| Q3 25 | $63.8M | $16.9M | ||
| Q2 25 | $32.3M | $24.7M | ||
| Q1 25 | $46.7M | $-35.6M | ||
| Q4 24 | $43.8M | $47.5M | ||
| Q3 24 | $55.9M | $46.8M | ||
| Q2 24 | $40.7M | $-10.6M | ||
| Q1 24 | $50.4M | $17.7M |
| Q4 25 | $26.1M | $9.1M | ||
| Q3 25 | $63.3M | $16.8M | ||
| Q2 25 | $31.4M | $24.6M | ||
| Q1 25 | $40.8M | $-35.7M | ||
| Q4 24 | $43.0M | $47.2M | ||
| Q3 24 | $55.5M | — | ||
| Q2 24 | $40.0M | $-10.7M | ||
| Q1 24 | $50.1M | $17.6M |
| Q4 25 | 14.2% | 7.6% | ||
| Q3 25 | 35.5% | 13.9% | ||
| Q2 25 | 18.2% | 21.0% | ||
| Q1 25 | 24.4% | -32.4% | ||
| Q4 24 | 25.4% | 46.3% | ||
| Q3 24 | 33.5% | — | ||
| Q2 24 | 24.9% | -11.9% | ||
| Q1 24 | 31.8% | 20.7% |
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.6% | 0.1% | ||
| Q1 25 | 3.6% | 0.1% | ||
| Q4 24 | 0.4% | 0.3% | ||
| Q3 24 | 0.2% | 0.0% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 0.2% | 0.1% |
| Q4 25 | 5.46× | 1.53× | ||
| Q3 25 | 12.07× | 0.17× | ||
| Q2 25 | 3.90× | 19.00× | ||
| Q1 25 | 7.72× | — | ||
| Q4 24 | 0.78× | 1.07× | ||
| 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% |
HIPO
Segment breakdown not available.
