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Side-by-side financial comparison of BLACKLINE, INC. (BL) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $151.1M, roughly 1.2× STURM RUGER & CO INC). On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs 3.6%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $12.3M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs 5.1%).
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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
BL vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $151.1M |
| Net Profit | $4.9M | — |
| Gross Margin | 75.2% | 17.8% |
| Operating Margin | 3.7% | 2.3% |
| Net Margin | 2.7% | — |
| Revenue YoY | 8.1% | 3.6% |
| Net Profit YoY | -91.3% | — |
| EPS (diluted) | $0.07 | $0.22 |
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 | $151.1M | ||
| Q3 25 | $178.3M | $126.8M | ||
| Q2 25 | $172.0M | $132.5M | ||
| Q1 25 | $166.9M | $135.7M | ||
| Q4 24 | $169.5M | $145.8M | ||
| Q3 24 | $165.9M | $122.3M | ||
| Q2 24 | $160.5M | $130.8M | ||
| Q1 24 | $157.5M | $136.8M |
| Q4 25 | $4.9M | — | ||
| Q3 25 | $5.3M | $1.6M | ||
| Q2 25 | $8.3M | $-17.2M | ||
| Q1 25 | $6.1M | $7.8M | ||
| Q4 24 | $56.4M | — | ||
| Q3 24 | $17.2M | $4.7M | ||
| Q2 24 | $76.7M | $8.3M | ||
| Q1 24 | $10.8M | $7.1M |
| Q4 25 | 75.2% | 17.8% | ||
| Q3 25 | 75.1% | 15.1% | ||
| Q2 25 | 75.2% | 3.9% | ||
| Q1 25 | 75.5% | 22.0% | ||
| Q4 24 | 75.6% | 22.8% | ||
| Q3 24 | 75.2% | 18.5% | ||
| Q2 24 | 74.9% | 22.3% | ||
| Q1 24 | 75.2% | 21.5% |
| Q4 25 | 3.7% | 2.3% | ||
| Q3 25 | 4.3% | -2.7% | ||
| Q2 25 | 4.4% | -15.6% | ||
| Q1 25 | 2.1% | 6.2% | ||
| Q4 24 | 3.7% | 7.8% | ||
| Q3 24 | 5.0% | 3.1% | ||
| Q2 24 | 1.4% | 6.9% | ||
| Q1 24 | 1.1% | 5.5% |
| Q4 25 | 2.7% | — | ||
| Q3 25 | 3.0% | 1.2% | ||
| Q2 25 | 4.8% | -13.0% | ||
| Q1 25 | 3.6% | 5.7% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | 47.8% | 6.3% | ||
| Q1 24 | 6.9% | 5.2% |
| Q4 25 | $0.07 | $0.22 | ||
| Q3 25 | $0.09 | $0.10 | ||
| Q2 25 | $0.13 | $-1.05 | ||
| Q1 25 | $0.10 | $0.46 | ||
| Q4 24 | $0.79 | $0.62 | ||
| Q3 24 | $0.27 | $0.28 | ||
| Q2 24 | $0.22 | $0.47 | ||
| Q1 24 | $0.17 | $0.40 |
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 | $92.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $283.8M |
| Total Assets | $1.8B | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $92.5M | ||
| Q3 25 | $419.9M | $80.8M | ||
| Q2 25 | $459.1M | $101.4M | ||
| Q1 25 | $479.5M | $108.3M | ||
| Q4 24 | $885.9M | $105.5M | ||
| Q3 24 | $725.3M | $96.0M | ||
| Q2 24 | $616.6M | $105.6M | ||
| Q1 24 | $331.4M | $115.3M |
| Q4 25 | $332.3M | $283.8M | ||
| Q3 25 | $328.3M | $279.6M | ||
| Q2 25 | $414.0M | $289.3M | ||
| Q1 25 | $417.9M | $321.5M | ||
| Q4 24 | $446.7M | $319.6M | ||
| Q3 24 | $367.9M | $314.9M | ||
| Q2 24 | $325.8M | $321.5M | ||
| Q1 24 | $279.8M | $332.0M |
| Q4 25 | $1.8B | $342.0M | ||
| Q3 25 | $1.7B | $342.3M | ||
| Q2 25 | $1.8B | $349.5M | ||
| Q1 25 | $1.8B | $379.0M | ||
| Q4 24 | $1.8B | $384.0M | ||
| Q3 24 | $1.7B | $373.5M | ||
| Q2 24 | $1.9B | $376.7M | ||
| Q1 24 | $2.1B | $385.0M |
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 | $15.5M |
| Free Cash FlowOCF − Capex | $26.1M | $12.3M |
| FCF MarginFCF / Revenue | 14.2% | 8.2% |
| Capex IntensityCapex / Revenue | 0.3% | 2.1% |
| Cash ConversionOCF / Net Profit | 5.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $15.5M | ||
| Q3 25 | $63.8M | $12.9M | ||
| Q2 25 | $32.3M | $14.7M | ||
| Q1 25 | $46.7M | $11.1M | ||
| Q4 24 | $43.8M | $20.0M | ||
| Q3 24 | $55.9M | $9.4M | ||
| Q2 24 | $40.7M | $18.7M | ||
| Q1 24 | $50.4M | $7.3M |
| Q4 25 | $26.1M | $12.3M | ||
| Q3 25 | $63.3M | $7.0M | ||
| Q2 25 | $31.4M | $9.1M | ||
| Q1 25 | $40.8M | $10.0M | ||
| Q4 24 | $43.0M | $16.4M | ||
| Q3 24 | $55.5M | $2.6M | ||
| Q2 24 | $40.0M | $10.1M | ||
| Q1 24 | $50.1M | $5.6M |
| Q4 25 | 14.2% | 8.2% | ||
| Q3 25 | 35.5% | 5.5% | ||
| Q2 25 | 18.2% | 6.9% | ||
| Q1 25 | 24.4% | 7.4% | ||
| Q4 24 | 25.4% | 11.2% | ||
| Q3 24 | 33.5% | 2.1% | ||
| Q2 24 | 24.9% | 7.7% | ||
| Q1 24 | 31.8% | 4.1% |
| Q4 25 | 0.3% | 2.1% | ||
| Q3 25 | 0.3% | 4.6% | ||
| Q2 25 | 0.6% | 4.2% | ||
| Q1 25 | 3.6% | 0.8% | ||
| Q4 24 | 0.4% | 2.5% | ||
| Q3 24 | 0.2% | 5.5% | ||
| Q2 24 | 0.4% | 6.6% | ||
| Q1 24 | 0.2% | 1.3% |
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | 8.15× | ||
| Q2 25 | 3.90× | — | ||
| Q1 25 | 7.72× | 1.43× | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 3.24× | 1.98× | ||
| Q2 24 | 0.53× | 2.27× | ||
| Q1 24 | 4.66× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
