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BlackLine BL Professional services — Total cost of revenues

Other product segments

Subscription and support
$37.51M+6.6%

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Other financials

Income statement

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Revenue$187.8M+9.2%
Gross profit$142.7M+10.3%
Operating income$11.0M+45.7%
Net income$16.5M+98.8%
EPS (diluted)$0.27+108%

Balance sheet

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Cash & equivalents$243.1M-47.1%
Total debt$23.4M-90.9%
Total equity$316.2M-23.6%
Total assets$1.5B-18.1%

Cash flow

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Operating cash flow$45.0M+39.1%
CapEx$1.9M+98.4%
Free cash flow$43.1M+37.3%

Valuation

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Market cap$1.74B-46.2%
Enterprise value$1.52B-49.8%
P/E50.1×+13.3×
P/S2.4×-2.4×

Profitability

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Gross margin75.6%+0.2pp
Operating margin4.3%+0.5pp
Net margin4.7%-8.3pp
FCF margin24.1%-1.2pp

Returns & leverage

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Return on equity9.5%-14.3pp
Debt / equity0.1×-0.5×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by BlackLine in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: BlackLine’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053353
Line itemQuarter Ended June 30, 2026Quarter Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues187,822172,025370,977338,956
Cost of revenues
Subscription and support37,50935,18973,94569,319
Professional services7,6357,43315,20414,227
Total cost of revenues45,14442,62289,14983,546
Gross profit142,678129,403281,828255,410
Operating expenses
Sales and marketing68,48964,712135,910127,775

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is BlackLine's professional services — total cost of revenues?
BlackLine (BL) reported professional services — total cost of revenues of $7.64M in Q2 2026.
How has BlackLine's professional services — total cost of revenues changed year-over-year?
BlackLine's professional services — total cost of revenues increased by 2.7% year-over-year, from $7.43M to $7.64M.
What is the long-term trend for BlackLine's professional services — total cost of revenues?
Over 4 years (2021 to 2025), BlackLine's professional services — total cost of revenues has grown at a 3.2% compound annual growth rate (CAGR), from $25.89M to $29.35M.
What does professional services — total cost of revenues mean?
This metric captures the direct costs associated with delivering professional services, such as personnel expenses for consultants, travel costs, and third-party contractor fees. Monitoring this figure is essential for assessing the profitability and operational efficiency of the services segment. A lower ratio of these costs relative to segment revenue indicates improved scalability and effective resource management in service delivery.

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