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Side-by-side financial comparison of BLACKLINE, INC. (BL) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $183.2M, roughly 1.1× BLACKLINE, INC.). BLACKLINE, INC. runs the higher net margin — 2.7% vs 2.2%, a 0.4% gap on every dollar of revenue. On growth, BLACKLINE, INC. posted the faster year-over-year revenue change (8.1% vs 5.2%). BLACKLINE, INC. produced more free cash flow last quarter ($26.1M vs $1.1M). Over the past eight quarters, BLACKLINE, INC.'s revenue compounded faster (7.9% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
BL vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $200.5M |
| Net Profit | $4.9M | $4.5M |
| Gross Margin | 75.2% | 32.2% |
| Operating Margin | 3.7% | — |
| Net Margin | 2.7% | 2.2% |
| Revenue YoY | 8.1% | 5.2% |
| Net Profit YoY | -91.3% | 421.4% |
| EPS (diluted) | $0.07 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $183.2M | $201.5M | ||
| Q3 25 | $178.3M | $216.0M | ||
| Q2 25 | $172.0M | $202.8M | ||
| Q1 25 | $166.9M | $190.5M | ||
| Q4 24 | $169.5M | $192.2M | ||
| Q3 24 | $165.9M | $210.3M | ||
| Q2 24 | $160.5M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $4.9M | $4.6M | ||
| Q3 25 | $5.3M | $8.6M | ||
| Q2 25 | $8.3M | $-73.6M | ||
| Q1 25 | $6.1M | $-1.4M | ||
| Q4 24 | $56.4M | $-500.0K | ||
| Q3 24 | $17.2M | $10.7M | ||
| Q2 24 | $76.7M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 75.2% | 31.5% | ||
| Q3 25 | 75.1% | 33.5% | ||
| Q2 25 | 75.2% | 31.6% | ||
| Q1 25 | 75.5% | 29.9% | ||
| Q4 24 | 75.6% | 32.1% | ||
| Q3 24 | 75.2% | 35.2% | ||
| Q2 24 | 74.9% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 3.5% | ||
| Q3 25 | 4.3% | 7.3% | ||
| Q2 25 | 4.4% | -33.3% | ||
| Q1 25 | 2.1% | -0.2% | ||
| Q4 24 | 3.7% | -6.6% | ||
| Q3 24 | 5.0% | 6.9% | ||
| Q2 24 | 1.4% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 2.7% | 2.3% | ||
| Q3 25 | 3.0% | 4.0% | ||
| Q2 25 | 4.8% | -36.3% | ||
| Q1 25 | 3.6% | -0.7% | ||
| Q4 24 | 33.3% | -0.3% | ||
| Q3 24 | 10.4% | 5.1% | ||
| Q2 24 | 47.8% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.07 | $0.20 | ||
| Q3 25 | $0.09 | $0.48 | ||
| Q2 25 | $0.13 | $-4.00 | ||
| Q1 25 | $0.10 | $-0.08 | ||
| Q4 24 | $0.79 | $-0.04 | ||
| Q3 24 | $0.27 | $0.58 | ||
| Q2 24 | $0.22 | $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 | $195.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $1.2B |
| Total Assets | $1.8B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $390.0M | $197.0M | ||
| Q3 25 | $419.9M | $167.8M | ||
| Q2 25 | $459.1M | $157.2M | ||
| Q1 25 | $479.5M | $175.6M | ||
| Q4 24 | $885.9M | $159.8M | ||
| Q3 24 | $725.3M | $146.4M | ||
| Q2 24 | $616.6M | $119.9M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $332.3M | $1.2B | ||
| Q3 25 | $328.3M | $1.2B | ||
| Q2 25 | $414.0M | $1.2B | ||
| Q1 25 | $417.9M | $1.3B | ||
| Q4 24 | $446.7M | $1.3B | ||
| Q3 24 | $367.9M | $1.3B | ||
| Q2 24 | $325.8M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $1.7B | $1.5B | ||
| Q2 24 | $1.9B | $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 | $5.8M |
| Free Cash FlowOCF − Capex | $26.1M | $1.1M |
| FCF MarginFCF / Revenue | 14.2% | 0.5% |
| Capex IntensityCapex / Revenue | 0.3% | 2.3% |
| Cash ConversionOCF / Net Profit | 5.46× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $26.7M | $46.9M | ||
| Q3 25 | $63.8M | $28.9M | ||
| Q2 25 | $32.3M | $13.7M | ||
| Q1 25 | $46.7M | $11.7M | ||
| Q4 24 | $43.8M | $33.7M | ||
| Q3 24 | $55.9M | $42.4M | ||
| Q2 24 | $40.7M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $26.1M | $42.2M | ||
| Q3 25 | $63.3M | $21.2M | ||
| Q2 25 | $31.4M | $5.6M | ||
| Q1 25 | $40.8M | $2.1M | ||
| Q4 24 | $43.0M | $18.3M | ||
| Q3 24 | $55.5M | $25.2M | ||
| Q2 24 | $40.0M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 14.2% | 20.9% | ||
| Q3 25 | 35.5% | 9.8% | ||
| Q2 25 | 18.2% | 2.8% | ||
| Q1 25 | 24.4% | 1.1% | ||
| Q4 24 | 25.4% | 9.5% | ||
| Q3 24 | 33.5% | 12.0% | ||
| Q2 24 | 24.9% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.3% | 2.3% | ||
| Q3 25 | 0.3% | 3.6% | ||
| Q2 25 | 0.6% | 4.0% | ||
| Q1 25 | 3.6% | 5.0% | ||
| Q4 24 | 0.4% | 8.0% | ||
| Q3 24 | 0.2% | 8.2% | ||
| Q2 24 | 0.4% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 5.46× | 10.20× | ||
| Q3 25 | 12.07× | 3.36× | ||
| Q2 25 | 3.90× | — | ||
| Q1 25 | 7.72× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 3.24× | 3.96× | ||
| Q2 24 | 0.53× | 2.83× |
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% |
ROG
Segment breakdown not available.
