vs

Side-by-side financial comparison of BLACKLINE, INC. (BL) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.

BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $168.3M, roughly 1.1× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 2.7%, a 22.7% gap on every dollar of revenue. On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $26.1M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs 4.9%).

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.

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

BL vs PRK — Head-to-Head

Bigger by revenue
BL
BL
1.1× larger
BL
$183.2M
$168.3M
PRK
Growing faster (revenue YoY)
BL
BL
+5.9% gap
BL
8.1%
2.2%
PRK
Higher net margin
PRK
PRK
22.7% more per $
PRK
25.3%
2.7%
BL
More free cash flow
PRK
PRK
$165.9M more FCF
PRK
$191.9M
$26.1M
BL
Faster 2-yr revenue CAGR
BL
BL
Annualised
BL
7.9%
4.9%
PRK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BL
BL
PRK
PRK
Revenue
$183.2M
$168.3M
Net Profit
$4.9M
$42.6M
Gross Margin
75.2%
Operating Margin
3.7%
Net Margin
2.7%
25.3%
Revenue YoY
8.1%
2.2%
Net Profit YoY
-91.3%
10.4%
EPS (diluted)
$0.07
$2.62

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
PRK
PRK
Q4 25
$183.2M
$168.3M
Q3 25
$178.3M
$169.5M
Q2 25
$172.0M
$168.7M
Q1 25
$166.9M
$157.9M
Q4 24
$169.5M
$164.7M
Q3 24
$165.9M
$170.3M
Q2 24
$160.5M
$157.7M
Q1 24
$157.5M
$152.8M
Net Profit
BL
BL
PRK
PRK
Q4 25
$4.9M
$42.6M
Q3 25
$5.3M
$47.2M
Q2 25
$8.3M
$48.1M
Q1 25
$6.1M
$42.2M
Q4 24
$56.4M
$38.6M
Q3 24
$17.2M
$38.2M
Q2 24
$76.7M
$39.4M
Q1 24
$10.8M
$35.2M
Gross Margin
BL
BL
PRK
PRK
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%
Operating Margin
BL
BL
PRK
PRK
Q4 25
3.7%
Q3 25
4.3%
34.3%
Q2 25
4.4%
35.2%
Q1 25
2.1%
32.4%
Q4 24
3.7%
Q3 24
5.0%
27.4%
Q2 24
1.4%
30.6%
Q1 24
1.1%
27.8%
Net Margin
BL
BL
PRK
PRK
Q4 25
2.7%
25.3%
Q3 25
3.0%
27.8%
Q2 25
4.8%
28.5%
Q1 25
3.6%
26.7%
Q4 24
33.3%
23.5%
Q3 24
10.4%
22.4%
Q2 24
47.8%
25.0%
Q1 24
6.9%
23.0%
EPS (diluted)
BL
BL
PRK
PRK
Q4 25
$0.07
$2.62
Q3 25
$0.09
$2.92
Q2 25
$0.13
$2.97
Q1 25
$0.10
$2.60
Q4 24
$0.79
$2.38
Q3 24
$0.27
$2.35
Q2 24
$0.22
$2.42
Q1 24
$0.17
$2.17

Balance Sheet & Financial Strength

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

Metric
BL
BL
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$390.0M
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$332.3M
$1.4B
Total Assets
$1.8B
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BL
BL
PRK
PRK
Q4 25
$390.0M
$233.5M
Q3 25
$419.9M
$218.9M
Q2 25
$459.1M
$193.1M
Q1 25
$479.5M
$237.6M
Q4 24
$885.9M
$160.6M
Q3 24
$725.3M
$201.7M
Q2 24
$616.6M
$261.5M
Q1 24
$331.4M
$306.1M
Stockholders' Equity
BL
BL
PRK
PRK
Q4 25
$332.3M
$1.4B
Q3 25
$328.3M
$1.3B
Q2 25
$414.0M
$1.3B
Q1 25
$417.9M
$1.3B
Q4 24
$446.7M
$1.2B
Q3 24
$367.9M
$1.2B
Q2 24
$325.8M
$1.2B
Q1 24
$279.8M
$1.2B
Total Assets
BL
BL
PRK
PRK
Q4 25
$1.8B
$9.8B
Q3 25
$1.7B
$9.9B
Q2 25
$1.8B
$9.9B
Q1 25
$1.8B
$9.9B
Q4 24
$1.8B
$9.8B
Q3 24
$1.7B
$9.9B
Q2 24
$1.9B
$9.9B
Q1 24
$2.1B
$9.9B

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
PRK
PRK
Operating Cash FlowLast quarter
$26.7M
$198.3M
Free Cash FlowOCF − Capex
$26.1M
$191.9M
FCF MarginFCF / Revenue
14.2%
114.1%
Capex IntensityCapex / Revenue
0.3%
3.8%
Cash ConversionOCF / Net Profit
5.46×
4.65×
TTM Free Cash FlowTrailing 4 quarters
$161.5M
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BL
BL
PRK
PRK
Q4 25
$26.7M
$198.3M
Q3 25
$63.8M
$52.6M
Q2 25
$32.3M
$49.7M
Q1 25
$46.7M
$37.9M
Q4 24
$43.8M
$178.8M
Q3 24
$55.9M
$43.8M
Q2 24
$40.7M
$50.9M
Q1 24
$50.4M
$35.0M
Free Cash Flow
BL
BL
PRK
PRK
Q4 25
$26.1M
$191.9M
Q3 25
$63.3M
$51.1M
Q2 25
$31.4M
$48.4M
Q1 25
$40.8M
$36.8M
Q4 24
$43.0M
$169.7M
Q3 24
$55.5M
$41.7M
Q2 24
$40.0M
$49.0M
Q1 24
$50.1M
$31.9M
FCF Margin
BL
BL
PRK
PRK
Q4 25
14.2%
114.1%
Q3 25
35.5%
30.1%
Q2 25
18.2%
28.7%
Q1 25
24.4%
23.3%
Q4 24
25.4%
103.0%
Q3 24
33.5%
24.5%
Q2 24
24.9%
31.1%
Q1 24
31.8%
20.8%
Capex Intensity
BL
BL
PRK
PRK
Q4 25
0.3%
3.8%
Q3 25
0.3%
0.9%
Q2 25
0.6%
0.8%
Q1 25
3.6%
0.7%
Q4 24
0.4%
5.6%
Q3 24
0.2%
1.2%
Q2 24
0.4%
1.2%
Q1 24
0.2%
2.1%
Cash Conversion
BL
BL
PRK
PRK
Q4 25
5.46×
4.65×
Q3 25
12.07×
1.11×
Q2 25
3.90×
1.03×
Q1 25
7.72×
0.90×
Q4 24
0.78×
4.63×
Q3 24
3.24×
1.14×
Q2 24
0.53×
1.29×
Q1 24
4.66×
0.99×

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%

PRK
PRK

Segment breakdown not available.

Related Comparisons