What are BlackLine's profit margins?

BlackLine (BL) runs a 75.4% gross margin and a 3.9% operating margin, with a 3.7% net margin.

Where do BlackLine's ratios come from?

Every ratio is computed from BlackLine's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

BlackLine BL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	75.4%+0.1pp	75.2%-0.1pp	75.3%0.0pp	75.4%+0.1pp	75.3%+0.1pp
Operating margin	3.9%+0.3pp	3.6%0.0pp	3.6%-0.2pp	3.8%+0.7pp	3.1%+0.2pp
Net margin	3.7%+0.2pp	3.5%-7.6pp	11.1%-2.0pp	13.1%-10.5pp	23.6%-1.1pp
Returns
Return on equity	7.3%+1.1pp	6.3%-15.6pp	21.8%-1.9pp	23.8%-21.0pp	44.8%-0.7pp
Efficiency
Asset turnover	0.4×+0.1×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.3×0.0×
Liquidity
Current ratio	1.7×+0.2×	1.5×0.0×	1.5×-0.1×	1.6×0.0×	1.7×-0.9×
Leverage
Debt-to-equity	0.1×-0.7×	0.8×0.0×	0.8×+0.2×	0.6×0.0×	0.6×+0.6×
Net debt / EBITDA	-2.9×-1.1×	-1.9×+0.4×	-2.3×+0.4×	-2.8×+0.4×	-3.2×+9.3×
Per Share
Book value per share	$4.38-13.1%	$5.04-3.0%	$5.19-19.7%	$6.47+0.4%	$6.45+6.1%
Valuation
Market capitalization	$2.2B-33.0%	$3.29B+0.1%	$3.29B-7.1%	$3.54B+15.8%	$3.05B-19.6%
Price / earnings	82.9×-51.3×	134.1×+90.9×	43.2×+3.0×	40.2×+20.7×	19.5×-4.0×
Price / sales	3.1×-1.6×	4.7×-0.1×	4.8×-0.5×	5.2×+0.6×	4.6×-1.2×
Price / book	7.2×-2.7×	9.9×-0.1×	10×+1.5×	8.5×+1.2×	7.3×-1.2×
EV / EBITDA	26.3×-17.5×	43.7×+0.2×	43.5×-1.7×	45.2×+4.5×	40.7×-1.9×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are BlackLine's profit margins?: BlackLine (BL) runs a 75.4% gross margin and a 3.9% operating margin, with a 3.7% net margin.
Where do BlackLine's ratios come from?: Every ratio is computed from BlackLine's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.