📊 BL Key Takeaways
Investment Thesis
BlackLine demonstrates solid financial health with exceptional free cash flow generation (23.1% FCF margin) and strong liquidity metrics, supported by industry-leading gross margins of 75.2%. However, the company faces profitability headwinds with declining net income (-10.0% YoY) and compressed operating margins (3.6%), indicating operational leverage challenges despite 7.2% revenue growth.
BL Strengths
- Exceptional free cash flow generation at $161.5M with 23.1% FCF margin, providing substantial financial flexibility
- Strong gross margins at 75.2% reflect high-quality software products with favorable pricing power
- Excellent liquidity position with 1.47x current ratio and $390.0M cash against only $66.4M long-term debt
- Conservative leverage with 0.20x debt-to-equity ratio and strong interest coverage of 17.4x
BL Risks
- Declining profitability with net income down 10.0% YoY and diluted EPS collapsed 73.1% YoY, suggesting margin compression and/or increased share count
- Weak operating margins of 3.6% indicate operational leverage challenges and limited ability to scale profits with revenue growth
- Low return metrics (ROE 7.4%, ROA 1.4%) suggest inefficient capital deployment relative to asset base of $1.8B
- Recent insider activity shows 10 Form 4 filings in last 90 days, warranting monitoring for insider selling patterns
Key Metrics to Watch
- Operating margin trend and path to improving operational leverage
- Net income and EPS recovery trajectory relative to revenue growth
- Free cash flow sustainability and capital allocation decisions
- Return on equity improvement as profitability stabilizes
BL Financial Metrics
💡 AI Analyst Insight
The 23.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
BL Profitability Ratios
BL vs Technology Sector
How BLACKLINE, INC. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BL Balance Sheet & Liquidity
BL 5-Year Financial Trend
5-Year Trend Summary: BLACKLINE, INC.'s revenue has grown significantly by 65% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.81 reflects profitable operations.
BL Growth Metrics (YoY)
BL Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $165.9M | $5.3M | $0.09 |
| Q2 2025 | $160.5M | $8.3M | $0.13 |
| Q1 2025 | $157.5M | $6.1M | $0.10 |
| Q3 2024 | $150.7M | $11.9M | $0.19 |
| Q2 2024 | $144.6M | $18.8M | $0.22 |
| Q1 2024 | $139.0M | $10.8M | $0.17 |
| Q3 2023 | $134.3M | $11.9M | $0.19 |
| Q2 2023 | $128.5M | -$10.7M | $-0.18 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BL Capital Allocation
BL SEC Filings
Access official SEC EDGAR filings for BLACKLINE, INC. (CIK: 0001666134)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BL
What is the AI rating for BL?
BLACKLINE, INC. (BL) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BL's key strengths?
Exceptional free cash flow generation at $161.5M with 23.1% FCF margin, providing substantial financial flexibility. Strong gross margins at 75.2% reflect high-quality software products with favorable pricing power.
What are the risks of investing in BL?
Declining profitability with net income down 10.0% YoY and diluted EPS collapsed 73.1% YoY, suggesting margin compression and/or increased share count. Weak operating margins of 3.6% indicate operational leverage challenges and limited ability to scale profits with revenue growth.
What is BL's revenue and growth?
BLACKLINE, INC. reported revenue of $700.4M.
Does BL pay dividends?
BLACKLINE, INC. does not currently pay dividends.
Where can I find BL SEC filings?
Official SEC filings for BLACKLINE, INC. (CIK: 0001666134) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BL's EPS?
BLACKLINE, INC. has a diluted EPS of $0.39.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.