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Company Overview — What Does BLACKLINE, INC. Do?

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany workflow that stores permissions by entity and transaction type thereby ensuring both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time settlement matrix, which shows the balance of transactions. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. BLACKLINE, INC. (BL) is classified as a mid-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Marc E. Huffman and employs approximately 1,810 people, headquartered in WOODLAND HILLS, California. With a market capitalization of $2.2B, BL is one of the notable companies in the Technology sector.

BLACKLINE, INC. (BL) Stock Rating — Reduce (April 2026)

As of April 2026, BLACKLINE, INC. receives a Reduce rating with a composite score of 38.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.BL ranks #2,983 out of 4,446 stocks in our coverage universe. Within the Technology sector, BLACKLINE, INC. ranks #339 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BL Stock Price and 52-Week Range

BLACKLINE, INC. (BL) currently trades at $30.29. The stock lost $1.75 (5.5%) in the most recent trading session. The 52-week high for BL is $59.57, which means the stock is currently trading -49.2% from its annual peak. The 52-week low is $31.75, putting the stock -4.6% above its annual trough. Recent trading volume was 1.9M shares, reflecting moderate market activity.

Is BL Overvalued or Undervalued? — Valuation Analysis

BLACKLINE, INC. (BL) carries a value factor score of 47/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 58.62x, compared to the Technology sector average of 45.27x — a premium of 30%. The price-to-book ratio stands at 6.32x, versus the sector average of 3.16x. The price-to-sales ratio is 3.08x, compared to 1.06x for the average Technology stock. On an enterprise value basis, BL trades at 28.15x EV/EBITDA, versus 12.79x for the sector.

Overall, BL's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

BLACKLINE, INC. Profitability — ROE, Margins, and Quality Score

BLACKLINE, INC. (BL) earns a quality factor score of 39/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 10.8%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 2.0% versus the sector average of -1.0%.

On a margin basis, BLACKLINE, INC. reports gross margins of 75.3%, compared to 50.9% for the sector. The operating margin is 4.0% (sector: -0.5%). Net profit margin stands at 5.3%, versus -1.5% for the average Technology stock. Revenue growth is running at 11.1% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

BL Debt, Balance Sheet, and Financial Health

BLACKLINE, INC. has a debt-to-equity ratio of 418.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.47x, suggesting adequate working capital coverage. Total debt on the balance sheet is $895M. Cash and equivalents stand at $420M.

BL has a beta of 0.93, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for BLACKLINE, INC. is 56/100, reflecting average volatility within the normal range for its sector.

BLACKLINE, INC. Revenue and Earnings History — Quarterly Trend

In TTM 2026, BLACKLINE, INC. reported revenue of $683M and earnings per share (EPS) of $0.40. Net income for the quarter was $36M. Gross margin was 75.3%. Operating income came in at $27M.

In FY 2025, BLACKLINE, INC. reported revenue of $700M and earnings per share (EPS) of $0.40. Net income for the quarter was $27M. Gross margin was 75.3%. Revenue grew 7.2% year-over-year compared to FY 2024. Operating income came in at $26M.

In Q3 2025, BLACKLINE, INC. reported revenue of $178M and earnings per share (EPS) of $0.09. Net income for the quarter was $9M. Gross margin was 75.1%. Revenue grew 7.5% year-over-year compared to Q3 2024. Operating income came in at $8M.

In Q2 2025, BLACKLINE, INC. reported revenue of $172M and earnings per share (EPS) of $0.13. Net income for the quarter was $7M. Gross margin was 75.2%. Revenue grew 7.2% year-over-year compared to Q2 2024. Operating income came in at $8M.

Over the past 8 quarters, BLACKLINE, INC. has demonstrated a growth trajectory, with revenue expanding from $161M to $683M. Investors analyzing BL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BL Dividend Yield and Income Analysis

BLACKLINE, INC. (BL) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

BL Momentum and Technical Analysis Profile

BLACKLINE, INC. (BL) has a momentum factor score of 21/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 62/100 reflects moderate short selling activity.

BL vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, BLACKLINE, INC. (BL) ranks #339 out of 584 stocks based on the Blank Capital composite score. This places BL in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing BL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BL vs S&P 500 (SPY) comparison to assess how BLACKLINE, INC. stacks up against the broader market across all factor dimensions.

BL Next Earnings Date

No upcoming earnings date has been announced for BLACKLINE, INC. (BL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BL? — Investment Thesis Summary

The quantitative profile for BLACKLINE, INC. suggests caution. The quality score of 39/100 flags below-average profitability. Momentum is weak at 21/100, a headwind for near-term performance.

In summary, BLACKLINE, INC. (BL) earns a Reduce rating with a composite score of 38.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BL stock.

Related Resources for BL Investors

Explore more research and tools: BL vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BL head-to-head with peers: BL vs IHS, BL vs VRSN, BL vs ESE.