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%0.0pp	75.3%+0.1pp	75.4%0.0pp	75.3%0.0pp
Operating margin	3.9%+0.9pp	3.6%+0.8pp	3.6%-0.3pp	3.8%+1.3pp	3.1%-2.1pp
Net margin	3.7%-19.9pp	3.5%-21.2pp	11.1%-8.8pp	13.1%—	23.6%—
EBITDA margin	10.5%0.0pp	10.3%-0.3pp	10.4%-1.5pp	10.9%+0.2pp	10.5%-3.0pp
Free cash flow margin	23%-4.1pp	23.1%-5.8pp	26%-3.1pp	25.3%-1.3pp	27.1%+2.5pp
Returns
Return on equity	7.3%-37.5pp	6.3%-39.3pp	21.8%-21.6pp	23.8%—	44.8%—
Return on assets	1.6%-6.4pp	1.4%-6.8pp	4.5%-2.4pp	4.8%—	8.1%—
Efficiency
Asset turnover	0.4×+0.1×	0.4×+0.1×	0.4×+0.1×	0.4×0.0×	0.3×0.0×
Liquidity
Current ratio	1.7×0.0×	1.5×-1.1×	1.5×-1.2×	1.6×-0.3×	1.7×-0.6×
Quick ratio	1.7×0.0×	1.5×-1.1×	1.5×-1.2×	1.6×-0.3×	1.7×-0.6×
Cash ratio	0.6×-0.2×	0.6×-1.5×	0.6×-1.3×	0.7×-0.3×	0.8×+0.2×
Leverage
Debt-to-equity	0.1×-0.5×	0.8×+0.7×	0.8×+0.7×	0.6×-0.2×	0.6×-0.3×
Debt-to-assets	0×-0.1×	0.1×+0.1×	0.1×+0.1×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-2.9×+0.3×	-1.9×+10.6×	-2.3×+6.9×	-2.8×+2.5×	-3.2×-2.4×
Interest coverage	2.8×+0.7×	2.5×+0.4×	2.5×-0.8×	2.5×+0.1×	2.1×-3.2×
Per Share
Book value per share	$4.38-32.0%	$5.04-17.0%	$5.19+4.4%	$6.47+44.0%	$6.45+67.9%
Valuation
Market capitalization	$2.2B-27.8%	$3.29B-13.4%	$3.29B-4.1%	$3.54B+18.1%	$3.05B-23.5%
Enterprise value	$1.98B-30.0%	$3.15B+7.5%	$3.12B+14.4%	$3.33B+25.9%	$2.83B-27.9%
Price / earnings	82.9×+63.4×	134.1×+111×	43.2×+16.2×	40.2×—	19.5×—
Price / sales	3.1×-1.5×	4.7×-1.1×	4.8×-0.6×	5.2×+0.4×	4.6×-2.0×
Price / book	7.2×-0.1×	9.9×+1.4×	10×+0.7×	8.5×-0.7×	7.3×-7.0×
EV / EBITDA	26.3×-14.4×	43.7×+1.1×	43.5×+7.7×	45.2×+5.6×	40.7×-7.1×
EV / sales	2.8×-1.5×	4.5×0.0×	4.5×+0.3×	4.9×+0.7×	4.3×-2.2×
Free cash flow yield	7.5%+1.6pp	4.9%-0.1pp	5.4%0.0pp	4.8%-0.7pp	5.9%+2.1pp
Earnings yield	1.2%-3.9pp	0.7%-3.5pp	2.3%-1.4pp	2.5%—	5.1%—

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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.