Pricing Log in Create free account
Saturday 17 October 2026 Export BL’s income statement to Excel — free account

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.

29.80 0.71 −2.33%
Market cap
$1.8B
P/E
75.7×
Fwd P/E
31.2×
Dividend yield
—
F-score
7/9
Altman Z
2.08
Beneish M
−2.66
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.44
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — 2 2 — 2 — —
Insider Ownership 20.77%

Capital & Financial Ratios $m

Market Cap 1,770.00
Revenue 732.45
Net Income 25.01
Free Cash Flow 149.12
Net Debt 141.77
Current Ratio 1.72 (at or above 1.5: strong)
Debt/Equity 2.12 (above 2: weak)
P/E ratio 75.67 (above 35: high)
Fwd P/E 31.20
P/S ratio 2.38
P/B ratio 5.52
Past 5Y EPS Growth —
This Y EPS Growth 16.94% (at or above 15%: strong)
Next Y EPS Growth 10.92%
Next Y revenue growth 9.48%
Next 5Y EPS Growth 15.24% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.6×, against a ten-year median of 9.3×; over the ten years it ranged from 2.3× in 2026 to 21.2× in 2020.
P/E against its own 10 years 65.58%
10-year low 10-year high
P/S against its own 10 years 2.67%
10-year low 10-year high
P/B against its own 10 years 6.87%
10-year low 10-year high
EV/Sales against its own 10 years 2.59%
10-year low 10-year high
EV/FCF against its own 10 years 2.54%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,204 886 778 528
Receivables 172 178 218 190
Inventory — — — —
Other — — — —
1,407 1,092 1,025 748
2023 2024 2025 Q'26
Payables 9 8 16 6
ST’ Debt — — — —
Other — — — —
643 422 695 435

Compound Annual Growth %

10y 5y 3y
Sales 23.68% 14.77% 10.23%
Cash Flow 66.98% 25.38% 44.66%
Earnings 0.00% 0.00% 0.00%
Book Value 7.18% (4.67%) 43.75%

Revenue $m

Mar Jun Sep Dec Year
’26 183 188 — — —
’25 167 172 178 183 700
’24 157 161 166 169 653
’23 139 145 151 156 590
’22 120 128 134 140 523
’21 99 102 109 115 426
’20 83 83 90 96 352
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 46 45 — — —
’25 47 32 64 27 170
’24 50 41 56 44 191
’23 23 25 37 42 127
’22 0 6 24 26 56
’21 29 12 17 22 80
’20 9 10 22 15 55
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 36 36 — — —
’25 33 25 57 20 135
’24 44 34 49 37 164
’23 14 18 31 35 99
’22 (6) (5) 17 20 26
’21 23 8 10 15 57
’20 5 4 19 8 35
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.14 — — —
’25 0.08 0.13 0.09 0.08 0.39
’24 0.17 1.03 0.20 0.79 2.28
’23 (0.16) 0.39 0.19 0.32 0.81
’22 (0.23) (0.18) (0.34) 0.18 (0.49)
’21 (0.67) (0.44) (0.23) (0.63) (1.97)
’20 (0.23) (0.15) (0.15) (0.30) (0.83)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 21.66 25.95 31.53 38.40 38.32 95.16 48.73 47.27 43.37 40.82

Analyst estimates 2026–2028

Powerpack
High 28.77 40.28 58.11 56.29 141.82 154.61 104.64 77.90 69.31 66.25
People
People Employees 597 740 850 1,055 1,325 1,557 1,814 1,750 1,830 1,850
Revenue/emp, $m 0.21 0.24 0.27 0.27 0.27 0.27 0.29 0.34 0.36 0.38
Income, $m
Income, $m Revenue 128 176 228 289 352 426 523 590 653 700
Gross margin, % 76.40 76.43 77.67 79.59 80.39 77.01 75.26 75.12 75.21 75.25
EBT (35) (33) (28) (30) (39) (101) (47) 61 125 48
EBT margin, % (27.33) (18.70) (12.16) (10.53) (11.00) (23.69) (9.07) 10.26 19.09 6.89
Net income (26) (33) (29) (33) (47) (115) (29) 53 161 25
Depreciation 17 20 21 28 43 83 48 56 55 50
Per share, $
Per share, $ Revenue 3.01 3.37 4.23 5.22 6.19 7.30 8.78 9.70 10.52 11.40
Earnings (0.62) (0.73) (0.52) (0.59) (0.83) (1.97) (0.49) 0.87 2.59 0.40
Cash flow (0.11) 0.12 0.30 0.54 0.96 1.37 0.94 2.08 3.07 2.76
Capex (0.12) (0.17) (0.22) (0.18) (0.34) (0.40) (0.51) (0.45) (0.43) (0.56)
Free cash flow (0.23) (0.04) 0.08 0.36 0.62 0.97 0.43 1.63 2.64 2.20
Book value 6.86 6.08 5.92 7.21 7.43 5.57 1.88 4.29 7.19 5.41
Shares, m 42 52 54 55 57 58 60 61 62 61
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 71.70 23.37 143.98
P/S 9.26 9.92 9.69 9.87 21.55 14.19 7.72 6.08 5.78 4.85
P/B 4.07 5.49 6.91 7.16 17.96 18.59 36.11 13.75 8.45 10.22
EV/Sales 8.96 9.66 9.40 9.10 21.19 14.03 8.33 5.99 5.80 4.70
EV/FCF (117.00) (770.65) 512.31 131.34 211.06 105.13 168.68 35.68 23.11 24.41
Cash, $m
Cash, $m Operating cash flow (5) 6 16 30 55 80 56 127 191 170
Capex (5) (9) (12) (10) (19) (23) (30) (28) (27) (35)
Free cash flow (10) (2) 4 20 35 57 26 99 164 135
Balance, $m
Balance, $m Working capital 55 54 63 516 432 1,025 882 765 670 330
Total debt 2 2 2 386 415 1,132 1,393 1,141 893 666
Net debt (103) (111) (131) (221) (128) (67) 318 (64) 7 (112)
Shareholders’ equity 291 317 319 399 422 325 112 261 447 332
Returns, %
Returns, % ROA (7.45) (7.58) (6.02) (4.31) (4.41) (7.86) (1.56) 2.61 8.21 1.37
ROIC (7.70) (9.19) (9.88) (9.84) (4.22) (9.36) (8.17) 4.55 2.55 7.25
ROE (11.51) (10.98) (9.02) (9.06) (11.43) (30.83) (13.45) 28.35 45.56 6.29
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

BlackLine vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SOUN SoundHound AI, Inc. $2.2B — (loss-making) — (loss-making) +45.02% (above 0%: growing) n/m −49.37% (below 0%: shrinking) 45.12% (69.95%) Compare
AMPL Amplitude, Inc. $2.0B — (loss-making) — (loss-making) +21.16% (above 0%: growing) n/m +30.66% (above 0%: growing) 68.50% (34.87%) Compare
KARO Karooooo Ltd. $1.9B 30.6× 20.0× +35.78% (above 0%: growing) +25.53% (above 0%: growing) −7.21% (below 0%: shrinking) 68.35% 26.20% Compare
BL BlackLine $1.8B 75.7× 31.2× +9.18% (above 0%: growing) +21.77% (above 0%: growing) +43.65% (above 0%: growing) 75.96% 5.85%
WLTH Wealthfront Corporation $1.8B — (loss-making) 26.4× +0.82% (above 0%: growing) −86.01% (below 0%: shrinking) +22.17% (above 0%: growing) 88.28% 18.27% Compare
PDFS PDF Solutions, Inc. $1.7B 157× 107× +18.95% (above 0%: growing) +233.33% (above 0%: growing) +113.90% (above 0%: growing) 68.95% 8.23% Compare
EVCM EverCommerce Inc. $1.7B 52.4× 41.5× +2.70% (above 0%: growing) +25.00% (above 0%: growing) +3.41% (above 0%: growing) 78.61% 11.49% Compare
ALKT Alkami Technology, Inc. $1.5B — (loss-making) — (loss-making) +15.87% (above 0%: growing) n/m +2,071.76% (above 0%: growing) 56.85% (5.93%) Compare
LSPD Lightspeed Commerce Inc. $1.5B — (loss-making) — (loss-making) +5.82% (above 0%: growing) n/m −23,170.13% (below 0%: shrinking) 42.94% (1.72%) Compare
Median of peers $1.7B 52.4× 34.0× +17.41% +25.27% +12.79% 68.43% 3.25%

All 237 Software Application stocks →

BlackLine (BL) key facts

  • Strength: BlackLine’s revenue for fiscal 2025 (year ended December 2025) was $700.4 million, up 7.21% from fiscal 2024.
  • BlackLine (BL) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, BL traded at $29.80, a market capitalization of $1.8 billion.
  • Return on equity was 6.29% and debt-to-equity 2.12.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.08 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

BlackLine (BL) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/BL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com