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BLACKLINE, INC.（BL）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是BLACKLINE, INC.的1.2倍（$225.0M vs $183.2M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 8.1%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $26.1M），过去两年BLACKLINE, INC.的营收复合增速更高（7.9% vs -12.3%）
BlackLine是一家美国企业级软件公司，总部位于洛杉矶，在全球设有17个办事处，专注于开发云服务，可实现财务结账全流程自动化与管理，同时覆盖财务合并、发票到回款流程及公司间会计核算等业务场景。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
BL vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.2倍
$183.2M
营收增速更快
ROCK
高出16.9%
8.1%
自由现金流更多
ROCK
多$159.0K
$26.1M
两年增速更快
BL
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $225.0M |
| 净利润 | $4.9M | — |
| 毛利率 | 75.2% | 25.3% |
| 营业利润率 | 3.7% | 7.9% |
| 净利率 | 2.7% | — |
| 营收同比 | 8.1% | 24.9% |
| 净利润同比 | -91.3% | — |
| 每股收益（稀释后） | $0.07 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BLROCK
| Q4 25 | $183.2M | $225.0M | ||
| Q3 25 | $178.3M | $310.9M | ||
| Q2 25 | $172.0M | $309.5M | ||
| Q1 25 | $166.9M | $290.0M | ||
| Q4 24 | $169.5M | $180.1M | ||
| Q3 24 | $165.9M | $277.1M | ||
| Q2 24 | $160.5M | $273.6M | ||
| Q1 24 | $157.5M | $292.5M |
净利润BLROCK
| Q4 25 | $4.9M | — | ||
| Q3 25 | $5.3M | $-89.1M | ||
| Q2 25 | $8.3M | $26.0M | ||
| Q1 25 | $6.1M | $21.1M | ||
| Q4 24 | $56.4M | — | ||
| Q3 24 | $17.2M | $34.0M | ||
| Q2 24 | $76.7M | $32.2M | ||
| Q1 24 | $10.8M | $24.9M |
毛利率BLROCK
| Q4 25 | 75.2% | 25.3% | ||
| Q3 25 | 75.1% | 26.6% | ||
| Q2 25 | 75.2% | 28.4% | ||
| Q1 25 | 75.5% | 26.8% | ||
| Q4 24 | 75.6% | 29.0% | ||
| Q3 24 | 75.2% | 29.4% | ||
| Q2 24 | 74.9% | 30.5% | ||
| Q1 24 | 75.2% | 28.9% |
营业利润率BLROCK
| Q4 25 | 3.7% | 7.9% | ||
| Q3 25 | 4.3% | 12.8% | ||
| Q2 25 | 4.4% | 12.8% | ||
| Q1 25 | 2.1% | 8.8% | ||
| Q4 24 | 3.7% | 13.3% | ||
| Q3 24 | 5.0% | 15.6% | ||
| Q2 24 | 1.4% | 14.9% | ||
| Q1 24 | 1.1% | 10.8% |
净利率BLROCK
| Q4 25 | 2.7% | — | ||
| Q3 25 | 3.0% | -28.6% | ||
| Q2 25 | 4.8% | 8.4% | ||
| Q1 25 | 3.6% | 7.3% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 10.4% | 12.3% | ||
| Q2 24 | 47.8% | 11.8% | ||
| Q1 24 | 6.9% | 8.5% |
每股收益（稀释后）BLROCK
| Q4 25 | $0.07 | — | ||
| Q3 25 | $0.09 | $-2.98 | ||
| Q2 25 | $0.13 | $0.87 | ||
| Q1 25 | $0.10 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.27 | $1.11 | ||
| Q2 24 | $0.22 | $1.05 | ||
| Q1 24 | $0.17 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $390.0M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $332.3M | $950.4M |
| 总资产 | $1.8B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资BLROCK
| Q4 25 | $390.0M | $115.7M | ||
| Q3 25 | $419.9M | $89.4M | ||
| Q2 25 | $459.1M | $43.3M | ||
| Q1 25 | $479.5M | $25.1M | ||
| Q4 24 | $885.9M | $269.5M | ||
| Q3 24 | $725.3M | $228.9M | ||
| Q2 24 | $616.6M | $179.1M | ||
| Q1 24 | $331.4M | $146.7M |
总债务BLROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益BLROCK
| Q4 25 | $332.3M | $950.4M | ||
| Q3 25 | $328.3M | $951.8M | ||
| Q2 25 | $414.0M | $1.0B | ||
| Q1 25 | $417.9M | $1.0B | ||
| Q4 24 | $446.7M | $1.0B | ||
| Q3 24 | $367.9M | $1.0B | ||
| Q2 24 | $325.8M | $975.7M | ||
| Q1 24 | $279.8M | $940.2M |
总资产BLROCK
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.9B | $1.4B | ||
| Q1 24 | $2.1B | $1.3B |
负债/权益比BLROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $26.7M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $26.1M | $26.2M |
| 自由现金流率自由现金流/营收 | 14.2% | 11.7% |
| 资本支出强度资本支出/营收 | 0.3% | 4.1% |
| 现金转化率经营现金流/净利润 | 5.46× | — |
| 过去12个月自由现金流最近4个季度 | $161.5M | $120.6M |
8季度趋势，按日历期对齐
经营现金流BLROCK
| Q4 25 | $26.7M | $35.5M | ||
| Q3 25 | $63.8M | $73.0M | ||
| Q2 25 | $32.3M | $44.9M | ||
| Q1 25 | $46.7M | $13.7M | ||
| Q4 24 | $43.8M | $19.9M | ||
| Q3 24 | $55.9M | $64.7M | ||
| Q2 24 | $40.7M | $36.5M | ||
| Q1 24 | $50.4M | $53.2M |
自由现金流BLROCK
| Q4 25 | $26.1M | $26.2M | ||
| Q3 25 | $63.3M | $64.8M | ||
| Q2 25 | $31.4M | $27.3M | ||
| Q1 25 | $40.8M | $2.3M | ||
| Q4 24 | $43.0M | $14.1M | ||
| Q3 24 | $55.5M | $60.5M | ||
| Q2 24 | $40.0M | $33.5M | ||
| Q1 24 | $50.1M | $48.8M |
自由现金流率BLROCK
| Q4 25 | 14.2% | 11.7% | ||
| Q3 25 | 35.5% | 20.8% | ||
| Q2 25 | 18.2% | 8.8% | ||
| Q1 25 | 24.4% | 0.8% | ||
| Q4 24 | 25.4% | 7.8% | ||
| Q3 24 | 33.5% | 21.8% | ||
| Q2 24 | 24.9% | 12.2% | ||
| Q1 24 | 31.8% | 16.7% |
资本支出强度BLROCK
| Q4 25 | 0.3% | 4.1% | ||
| Q3 25 | 0.3% | 2.6% | ||
| Q2 25 | 0.6% | 5.7% | ||
| Q1 25 | 3.6% | 3.9% | ||
| Q4 24 | 0.4% | 3.3% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 0.4% | 1.1% | ||
| Q1 24 | 0.2% | 1.5% |
现金转化率BLROCK
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | — | ||
| Q2 25 | 3.90× | 1.73× | ||
| Q1 25 | 7.72× | 0.65× | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 3.24× | 1.90× | ||
| Q2 24 | 0.53× | 1.13× | ||
| Q1 24 | 4.66× | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
