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Side-by-side financial comparison of BLACKLINE, INC. (BL) and MOVADO GROUP INC (MOV). Click either name above to swap in a different company.
MOVADO GROUP INC is the larger business by last-quarter revenue ($186.1M vs $183.2M, roughly 1.0× BLACKLINE, INC.). MOVADO GROUP INC runs the higher net margin — 5.1% vs 2.7%, a 2.5% gap on every dollar of revenue. On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs 1.9%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $11.6M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs 2.9%).
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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
BL vs MOV — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $186.1M |
| Net Profit | $4.9M | $9.6M |
| Gross Margin | 75.2% | 54.3% |
| Operating Margin | 3.7% | 6.3% |
| Net Margin | 2.7% | 5.1% |
| Revenue YoY | 8.1% | 1.9% |
| Net Profit YoY | -91.3% | 89.8% |
| EPS (diluted) | $0.07 | $0.42 |
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 | $186.1M | ||
| Q3 25 | $178.3M | $161.8M | ||
| Q2 25 | $172.0M | $131.8M | ||
| Q1 25 | $166.9M | $181.5M | ||
| Q4 24 | $169.5M | $180.5M | ||
| Q3 24 | $165.9M | $157.0M | ||
| Q2 24 | $160.5M | $134.4M | ||
| Q1 24 | $157.5M | $175.8M |
| Q4 25 | $4.9M | $9.6M | ||
| Q3 25 | $5.3M | $3.0M | ||
| Q2 25 | $8.3M | $1.4M | ||
| Q1 25 | $6.1M | $8.1M | ||
| Q4 24 | $56.4M | $4.8M | ||
| Q3 24 | $17.2M | $3.5M | ||
| Q2 24 | $76.7M | $2.0M | ||
| Q1 24 | $10.8M | $9.8M |
| Q4 25 | 75.2% | 54.3% | ||
| Q3 25 | 75.1% | 54.1% | ||
| Q2 25 | 75.2% | 54.1% | ||
| Q1 25 | 75.5% | 54.2% | ||
| Q4 24 | 75.6% | 53.5% | ||
| Q3 24 | 75.2% | 54.3% | ||
| Q2 24 | 74.9% | 54.3% | ||
| Q1 24 | 75.2% | 53.5% |
| Q4 25 | 3.7% | 6.3% | ||
| Q3 25 | 4.3% | 2.5% | ||
| Q2 25 | 4.4% | 0.2% | ||
| Q1 25 | 2.1% | 5.1% | ||
| Q4 24 | 3.7% | 3.3% | ||
| Q3 24 | 5.0% | 1.7% | ||
| Q2 24 | 1.4% | 1.6% | ||
| Q1 24 | 1.1% | 6.1% |
| Q4 25 | 2.7% | 5.1% | ||
| Q3 25 | 3.0% | 1.8% | ||
| Q2 25 | 4.8% | 1.1% | ||
| Q1 25 | 3.6% | 4.4% | ||
| Q4 24 | 33.3% | 2.7% | ||
| Q3 24 | 10.4% | 2.2% | ||
| Q2 24 | 47.8% | 1.5% | ||
| Q1 24 | 6.9% | 5.6% |
| Q4 25 | $0.07 | $0.42 | ||
| Q3 25 | $0.09 | $0.13 | ||
| Q2 25 | $0.13 | $0.06 | ||
| Q1 25 | $0.10 | $0.36 | ||
| Q4 24 | $0.79 | $0.21 | ||
| Q3 24 | $0.27 | $0.15 | ||
| Q2 24 | $0.22 | $0.09 | ||
| Q1 24 | $0.17 | $0.44 |
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 | $183.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $497.5M |
| Total Assets | $1.8B | $751.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $183.9M | ||
| Q3 25 | $419.9M | $180.5M | ||
| Q2 25 | $459.1M | $203.1M | ||
| Q1 25 | $479.5M | $208.5M | ||
| Q4 24 | $885.9M | $181.5M | ||
| Q3 24 | $725.3M | $198.3M | ||
| Q2 24 | $616.6M | $225.4M | ||
| Q1 24 | $331.4M | $262.1M |
| Q4 25 | $332.3M | $497.5M | ||
| Q3 25 | $328.3M | $489.9M | ||
| Q2 25 | $414.0M | $493.2M | ||
| Q1 25 | $417.9M | $481.3M | ||
| Q4 24 | $446.7M | $491.3M | ||
| Q3 24 | $367.9M | $492.0M | ||
| Q2 24 | $325.8M | $489.6M | ||
| Q1 24 | $279.8M | $505.9M |
| Q4 25 | $1.8B | $751.9M | ||
| Q3 25 | $1.7B | $748.7M | ||
| Q2 25 | $1.8B | $747.2M | ||
| Q1 25 | $1.8B | $729.2M | ||
| Q4 24 | $1.8B | $747.2M | ||
| Q3 24 | $1.7B | $742.5M | ||
| Q2 24 | $1.9B | $736.0M | ||
| Q1 24 | $2.1B | $756.5M |
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 | $12.3M |
| Free Cash FlowOCF − Capex | $26.1M | $11.6M |
| FCF MarginFCF / Revenue | 14.2% | 6.2% |
| Capex IntensityCapex / Revenue | 0.3% | 0.4% |
| Cash ConversionOCF / Net Profit | 5.46× | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $12.3M | ||
| Q3 25 | $63.8M | $-3.8M | ||
| Q2 25 | $32.3M | $-7.2M | ||
| Q1 25 | $46.7M | $39.1M | ||
| Q4 24 | $43.8M | $-4.7M | ||
| Q3 24 | $55.9M | $-17.8M | ||
| Q2 24 | $40.7M | $-18.1M | ||
| Q1 24 | $50.4M | $69.4M |
| Q4 25 | $26.1M | $11.6M | ||
| Q3 25 | $63.3M | $-5.1M | ||
| Q2 25 | $31.4M | $-8.7M | ||
| Q1 25 | $40.8M | $37.5M | ||
| Q4 24 | $43.0M | $-7.2M | ||
| Q3 24 | $55.5M | $-20.1M | ||
| Q2 24 | $40.0M | $-19.7M | ||
| Q1 24 | $50.1M | $67.8M |
| Q4 25 | 14.2% | 6.2% | ||
| Q3 25 | 35.5% | -3.1% | ||
| Q2 25 | 18.2% | -6.6% | ||
| Q1 25 | 24.4% | 20.7% | ||
| Q4 24 | 25.4% | -4.0% | ||
| Q3 24 | 33.5% | -12.8% | ||
| Q2 24 | 24.9% | -14.7% | ||
| Q1 24 | 31.8% | 38.6% |
| Q4 25 | 0.3% | 0.4% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.6% | 1.2% | ||
| Q1 25 | 3.6% | 0.9% | ||
| Q4 24 | 0.4% | 1.4% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 0.4% | 1.2% | ||
| Q1 24 | 0.2% | 0.9% |
| Q4 25 | 5.46× | 1.28× | ||
| Q3 25 | 12.07× | -1.27× | ||
| Q2 25 | 3.90× | -5.08× | ||
| Q1 25 | 7.72× | 4.86× | ||
| Q4 24 | 0.78× | -0.98× | ||
| Q3 24 | 3.24× | -5.14× | ||
| Q2 24 | 0.53× | -8.97× | ||
| Q1 24 | 4.66× | 7.06× |
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% |
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
