vs

Side-by-side financial comparison of BLACKLINE, INC. (BL) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $183.2M, roughly 1.5× BLACKLINE, INC.). BLACKLINE, INC. runs the higher net margin — 2.7% vs -14.6%, a 17.2% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 8.1%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% 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.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

BL vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.5× larger
LEGN
$272.3M
$183.2M
BL
Growing faster (revenue YoY)
LEGN
LEGN
+61.9% gap
LEGN
70.0%
8.1%
BL
Higher net margin
BL
BL
17.2% more per $
BL
2.7%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
7.9%
BL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BL
BL
LEGN
LEGN
Revenue
$183.2M
$272.3M
Net Profit
$4.9M
$-39.7M
Gross Margin
75.2%
58.4%
Operating Margin
3.7%
-16.0%
Net Margin
2.7%
-14.6%
Revenue YoY
8.1%
70.0%
Net Profit YoY
-91.3%
68.3%
EPS (diluted)
$0.07
$-0.11

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.

Revenue
BL
BL
LEGN
LEGN
Q4 25
$183.2M
Q3 25
$178.3M
$272.3M
Q2 25
$172.0M
$255.1M
Q1 25
$166.9M
$195.1M
Q4 24
$169.5M
Q3 24
$165.9M
$160.2M
Q2 24
$160.5M
$186.5M
Q1 24
$157.5M
$94.0M
Net Profit
BL
BL
LEGN
LEGN
Q4 25
$4.9M
Q3 25
$5.3M
$-39.7M
Q2 25
$8.3M
$-125.4M
Q1 25
$6.1M
$-100.9M
Q4 24
$56.4M
Q3 24
$17.2M
$-125.3M
Q2 24
$76.7M
$-18.2M
Q1 24
$10.8M
$-59.8M
Gross Margin
BL
BL
LEGN
LEGN
Q4 25
75.2%
Q3 25
75.1%
58.4%
Q2 25
75.2%
62.8%
Q1 25
75.5%
64.4%
Q4 24
75.6%
Q3 24
75.2%
67.2%
Q2 24
74.9%
75.7%
Q1 24
75.2%
47.8%
Operating Margin
BL
BL
LEGN
LEGN
Q4 25
3.7%
Q3 25
4.3%
-16.0%
Q2 25
4.4%
Q1 25
2.1%
Q4 24
3.7%
Q3 24
5.0%
-43.9%
Q2 24
1.4%
Q1 24
1.1%
Net Margin
BL
BL
LEGN
LEGN
Q4 25
2.7%
Q3 25
3.0%
-14.6%
Q2 25
4.8%
-49.2%
Q1 25
3.6%
-51.7%
Q4 24
33.3%
Q3 24
10.4%
-78.2%
Q2 24
47.8%
-9.8%
Q1 24
6.9%
-63.6%
EPS (diluted)
BL
BL
LEGN
LEGN
Q4 25
$0.07
Q3 25
$0.09
$-0.11
Q2 25
$0.13
$-0.34
Q1 25
$0.10
$-0.27
Q4 24
$0.79
Q3 24
$0.27
$-0.34
Q2 24
$0.22
$-0.05
Q1 24
$0.17
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BL
BL
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$390.0M
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$332.3M
$1.0B
Total Assets
$1.8B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BL
BL
LEGN
LEGN
Q4 25
$390.0M
Q3 25
$419.9M
$278.9M
Q2 25
$459.1M
$266.6M
Q1 25
$479.5M
$441.7M
Q4 24
$885.9M
Q3 24
$725.3M
$459.3M
Q2 24
$616.6M
$201.3M
Q1 24
$331.4M
$897.6M
Stockholders' Equity
BL
BL
LEGN
LEGN
Q4 25
$332.3M
Q3 25
$328.3M
$1.0B
Q2 25
$414.0M
$1.0B
Q1 25
$417.9M
$1.0B
Q4 24
$446.7M
Q3 24
$367.9M
$1.1B
Q2 24
$325.8M
$1.2B
Q1 24
$279.8M
$1.2B
Total Assets
BL
BL
LEGN
LEGN
Q4 25
$1.8B
Q3 25
$1.7B
$1.7B
Q2 25
$1.8B
$1.7B
Q1 25
$1.8B
$1.6B
Q4 24
$1.8B
Q3 24
$1.7B
$1.7B
Q2 24
$1.9B
$1.8B
Q1 24
$2.1B
$1.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BL
BL
LEGN
LEGN
Operating Cash FlowLast quarter
$26.7M
$28.8M
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.

Operating Cash Flow
BL
BL
LEGN
LEGN
Q4 25
$26.7M
Q3 25
$63.8M
$28.8M
Q2 25
$32.3M
$-13.0M
Q1 25
$46.7M
$-103.8M
Q4 24
$43.8M
Q3 24
$55.9M
$-75.8M
Q2 24
$40.7M
$-1.7M
Q1 24
$50.4M
$15.5M
Free Cash Flow
BL
BL
LEGN
LEGN
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
FCF Margin
BL
BL
LEGN
LEGN
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%
Capex Intensity
BL
BL
LEGN
LEGN
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%
Cash Conversion
BL
BL
LEGN
LEGN
Q4 25
5.46×
Q3 25
12.07×
Q2 25
3.90×
Q1 25
7.72×
Q4 24
0.78×
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
BL

Subscription And Circulation$173.2M95%
Technology Service$10.0M5%

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

Related Comparisons