BlackLine, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $700.4M | $653.3M | $590.0M | $522.9M | $425.7M | $351.7M | $289.0M | $227.8M |
| Cost of Revenue | $173.4M | $162.0M | $146.8M | $129.4M | $97.9M | $69.0M | $59.0M | $50.9M |
| Gross Profit | $527.0M | $491.4M | $443.2M | $393.6M | $327.8M | $282.8M | $230.0M | $176.9M |
| Gross Margin | 75.2% | 75.2% | 75.1% | 75.3% | 77.0% | 80.4% | 79.6% | 77.7% |
| Operating Expenses | ||||||||
| Research & Development | $109.2M | $101.0M | $103.2M | $108.9M | $77.3M | $56.5M | $43.0M | $30.8M |
| SG&A Expense | $118.7M | $121.8M | $71.5M | $80.2M | $86.5M | $71.6M | $56.1M | $47.2M |
| Operating Income | $25.6M | $18.5M | $14.3M | $-56.2M | $-38.6M | $-19.9M | $-27.9M | $-29.8M |
| Operating Margin | 3.6% | 2.8% | 2.4% | -10.7% | -9.1% | -5.7% | -9.7% | -13.1% |
| Interest Expense | — | — | $5.9M | $5.9M | $62.9M | $23.3M | $8.7M | $4.0K |
| Pretax Income | $48.2M | $124.7M | $60.5M | $-47.4M | $-100.9M | $-38.7M | $-30.4M | $-27.7M |
| Income Tax Expense | $21.0M | $-43.1M | $1.5M | $-13.5M | $135.0K | $702.0K | $1.7M | $1.1M |
| Net Income | $24.5M | $161.2M | $52.8M | $-29.4M | $-115.2M | $-46.9M | $-32.5M | $-28.7M |
| Net Margin | 3.5% | 24.7% | 9.0% | -5.6% | -27.1% | -13.3% | -11.3% | -12.6% |
| EPS (Basic) | $0.40 | $2.59 | $0.87 | $-0.49 | $-1.97 | $-0.83 | $-0.59 | $-0.53 |
| EPS (Diluted) | $0.39 | $1.45 | $0.81 | $-0.49 | $-1.97 | $-0.83 | $-0.59 | $-0.53 |
| Shares Outstanding (Basic) | 61.4M | 62.1M | 60.8M | 59.5M | 58.4M | 56.8M | 55.3M | 53.9M |
| Shares Outstanding (Diluted) | 65.9M | 73.5M | 72.0M | 59.5M | 58.4M | 56.8M | 55.3M | 53.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |