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Side-by-side financial comparison of BLACKLINE, INC. (BL) and Urban Edge Properties (UE). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $132.6M, roughly 1.4× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs 2.7%, a 14.4% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs 8.1%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% 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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
BL vs UE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $132.6M |
| Net Profit | $4.9M | $22.6M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | — |
| Net Margin | 2.7% | 17.1% |
| Revenue YoY | 8.1% | 12.2% |
| Net Profit YoY | -91.3% | 176.2% |
| EPS (diluted) | $0.07 | $0.18 |
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 | — | $132.6M | ||
| Q4 25 | $183.2M | $119.6M | ||
| Q3 25 | $178.3M | $120.1M | ||
| Q2 25 | $172.0M | $114.1M | ||
| Q1 25 | $166.9M | $118.2M | ||
| Q4 24 | $169.5M | $116.4M | ||
| Q3 24 | $165.9M | $112.4M | ||
| Q2 24 | $160.5M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $4.9M | $12.4M | ||
| Q3 25 | $5.3M | $14.9M | ||
| Q2 25 | $8.3M | $58.0M | ||
| Q1 25 | $6.1M | $8.2M | ||
| Q4 24 | $56.4M | $30.1M | ||
| Q3 24 | $17.2M | $9.1M | ||
| Q2 24 | $76.7M | $30.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 3.7% | 11.3% | ||
| Q3 25 | 4.3% | 13.4% | ||
| Q2 25 | 4.4% | 53.9% | ||
| Q1 25 | 2.1% | 7.6% | ||
| Q4 24 | 3.7% | 27.6% | ||
| Q3 24 | 5.0% | 8.9% | ||
| Q2 24 | 1.4% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | 2.7% | 10.4% | ||
| Q3 25 | 3.0% | 12.4% | ||
| Q2 25 | 4.8% | 50.8% | ||
| Q1 25 | 3.6% | 6.9% | ||
| Q4 24 | 33.3% | 25.9% | ||
| Q3 24 | 10.4% | 8.1% | ||
| Q2 24 | 47.8% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.07 | $0.09 | ||
| Q3 25 | $0.09 | $0.12 | ||
| Q2 25 | $0.13 | $0.46 | ||
| Q1 25 | $0.10 | $0.07 | ||
| Q4 24 | $0.79 | $0.25 | ||
| Q3 24 | $0.27 | $0.07 | ||
| Q2 24 | $0.22 | $0.26 |
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 | $50.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $332.3M | $1.4B |
| Total Assets | $1.8B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $390.0M | $48.9M | ||
| Q3 25 | $419.9M | $77.8M | ||
| Q2 25 | $459.1M | $53.0M | ||
| Q1 25 | $479.5M | $48.0M | ||
| Q4 24 | $885.9M | $41.4M | ||
| Q3 24 | $725.3M | $67.9M | ||
| Q2 24 | $616.6M | $78.6M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $332.3M | $1.4B | ||
| Q3 25 | $328.3M | $1.4B | ||
| Q2 25 | $414.0M | $1.4B | ||
| Q1 25 | $417.9M | $1.4B | ||
| Q4 24 | $446.7M | $1.4B | ||
| Q3 24 | $367.9M | $1.3B | ||
| Q2 24 | $325.8M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $1.8B | $3.3B | ||
| Q3 25 | $1.7B | $3.3B | ||
| Q2 25 | $1.8B | $3.3B | ||
| Q1 25 | $1.8B | $3.3B | ||
| Q4 24 | $1.8B | $3.3B | ||
| Q3 24 | $1.7B | $3.2B | ||
| Q2 24 | $1.9B | $3.2B |
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 | $39.1M |
| Free Cash FlowOCF − Capex | $26.1M | — |
| FCF MarginFCF / Revenue | 14.2% | — |
| Capex IntensityCapex / Revenue | 0.3% | 1.5% |
| Cash ConversionOCF / Net Profit | 5.46× | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $26.7M | $182.7M | ||
| Q3 25 | $63.8M | $55.7M | ||
| Q2 25 | $32.3M | $43.5M | ||
| Q1 25 | $46.7M | $32.6M | ||
| Q4 24 | $43.8M | $153.2M | ||
| Q3 24 | $55.9M | $36.6M | ||
| Q2 24 | $40.7M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $26.1M | $81.8M | ||
| Q3 25 | $63.3M | $26.1M | ||
| Q2 25 | $31.4M | $19.6M | ||
| Q1 25 | $40.8M | $11.9M | ||
| Q4 24 | $43.0M | $42.5M | ||
| Q3 24 | $55.5M | $12.2M | ||
| Q2 24 | $40.0M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | 68.4% | ||
| Q3 25 | 35.5% | 21.7% | ||
| Q2 25 | 18.2% | 17.2% | ||
| Q1 25 | 24.4% | 10.0% | ||
| Q4 24 | 25.4% | 36.6% | ||
| Q3 24 | 33.5% | 10.8% | ||
| Q2 24 | 24.9% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 0.3% | 84.4% | ||
| Q3 25 | 0.3% | 24.6% | ||
| Q2 25 | 0.6% | 20.9% | ||
| Q1 25 | 3.6% | 17.5% | ||
| Q4 24 | 0.4% | 95.1% | ||
| Q3 24 | 0.2% | 21.7% | ||
| Q2 24 | 0.4% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | 5.46× | 14.71× | ||
| Q3 25 | 12.07× | 3.73× | ||
| Q2 25 | 3.90× | 0.75× | ||
| Q1 25 | 7.72× | 3.97× | ||
| Q4 24 | 0.78× | 5.09× | ||
| Q3 24 | 3.24× | 4.03× | ||
| Q2 24 | 0.53× | 1.34× |
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% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
