Is the business good?
How good a business is BL?
BlackLine, Inc. keeps 3.9% of every revenue dollar as operating profit, against 8.2% for the median Software - Application name.
3.9%
Operating margin · Software - Application median 8.2% · 12 months to Q1 2026
- Share count, year on year
- +7.7%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 16%
R&D as % of revenue
- Gross margin
- 75%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −5.7% |
| FY2021 | −9.1% |
| FY2022 | −11% |
| FY2023 | 2.4% |
| FY2024 | 2.8% |
| FY2025 | 3.6% |
Details›
- Gross margin12 months to Q1 2026
- 75%
- Operating margin12 months to Q1 2026
- 3.9%
- Net margin12 months to Q1 2026
- 3.7%
- Free cash flow margin
- 23%
- R&D as % of revenue
- 16%
- Revenue, trailing twelve months
- $717M
- Free cash flow, trailing twelve months
- $165M
- Net income, trailing twelve months
- $27M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Application
Ranks #69 of 90 by Smart Score