BlackLine
BL Technology Software Application
BlackLine’s revenue for fiscal 2025 (year ended December 2025) was $700.4 million, up 7.21% from fiscal 2024. In the quarter to June 2026, revenue grew 9.18%, EPS grew 21.8%, free cash flow grew 43.7% and total debt was flat, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for ten.
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BlackLine (BL) EV/Sales
As of 16 October 2026, BlackLine (BL) trades at a EV/Sales of 2.6×. Over the past ten years it has ranged from 2.3× (May 2026) to 23.9× (February 2021); the current reading is higher than 3% of that period. That is in line with the Software Application industry median of 2.6× and in line with the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.7× | (18.97%) |
| FY2024 | 5.8× | (3.12%) |
| FY2023 | 6.0× | (28.14%) |
| FY2022 | 8.3× | (40.63%) |
| FY2021 | 14.0× | (33.76%) |
| FY2020 | 21.2× | 132.73% |
| FY2019 | 9.1× | (3.18%) |
| FY2018 | 9.4× | (2.69%) |
| FY2017 | 9.7× | 7.89% |
| FY2016 | 9.0× | (3.40%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.4× | (25.33%) |
| Mar 2026 | 3.3× | (30.27%) |
| Dec 2025 | 4.7× | 3.57% |
| Sep 2025 | 4.5× | (8.20%) |
| 39 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| LSPD Lightspeed Commerce Inc. compare | 0.9× |
| BL BlackLine | 2.6× |
| WLTH Wealthfront Corporation compare | 3.1× |
| EVCM EverCommerce Inc. compare | 3.4× |
| ALKT Alkami Technology, Inc. compare | 3.6× |
| AMPL Amplitude, Inc. compare | 4.7× |
| KARO Karooooo Ltd. compare | 5.4× |
| PDFS PDF Solutions, Inc. compare | 6.5× |
| SOUN SoundHound AI, Inc. compare | 9.3× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)