BLNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
BLACKLINE, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$30.11+0.31 (+1.04%)
Close on Oct 19, 2026
- Market cap
- $2.06B
- P/E (TTM)
- 53.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2013 to 2025
Gross margin
75.2%−5.1 pts over 5 years
Operating margin
3.6%+9.3 pts over 5 years
Net margin
3.5%+16.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.2% | +10.2% | +14.8% | +23.7% | |
| Gross profit | +7.3% | +10.2% | +13.3% | +24.1% | |
| Operating income | +37.9% | – | – | – | |
| Net income | -84.8% | – | – | – | |
| EPS, diluted | -73.1% | – | – | – | |
| Free cash flow | -14.4% | +53.1% | +27.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -11.0% | -11.4% | 6.3% | |
| Return on assets | -7.4% | -4.4% | 1.4% | |
| Current ratio | 1.51 | 2.78 | 1.47 | |
| Interest coverage | -3.9× | -0.9× | 2.5× | |
| Capex to revenue | 1.3% | 1.9% | 1.2% | |
| Diluted shares | 42M | 57M | 66M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Blackline generated $623.12M from operations and spent $271.40M on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$623.12M
Used
$271.40M
Capital expenditure$35.86M13%Dividends$00%Share buybacks$235.54M87%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.5%
×Asset turnover0.39×
×Equity multiplier4.60×
=Return on equity, FY20256.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.5% | 0.39× | 4.60× | 6.3% |
| FY2024 | 24.7% | 0.33× | 5.55× | 45.6% |
| FY2023 | 9.0% | 0.29× | 10.85× | 28.3% |
| FY2022 | -5.6% | 0.28× | 8.61× | -13.5% |
| FY2021 | -27.1% | 0.29× | 3.92× | -30.8% |
| FY2020 | -13.3% | 0.33× | 2.59× | -11.4% |
| FY2019 | -11.3% | 0.38× | 2.10× | -9.1% |
| FY2018 | -12.6% | 0.48× | 1.50× | -9.0% |
| FY2017 | -19.0% | 0.40× | 1.41× | -10.7% |
| FY2016 | -20.6% | 0.36× | 1.48× | -11.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$24.52M
- Cash generatingOperating cash flow above zero$169.57M
- Return on assets improvedROA up on the prior year7.7% → 1.3%
- Earnings backed by cashOperating cash flow above net income$169.57M vs $24.52M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.59 → 1.47
- No dilutionShare count did not rise74M → 66M
- Gross margin improvedGross margin up on the prior year75.21% → 75.25%
- More efficientAsset turnover rose0.31 → 0.38