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BlackLine BL Total Cost of Revenue

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Segments

By product

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Subscription and support$37.51M+6.6%
Professional services$7.64M+2.7%

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$1.72B-42.6%
Enterprise value$1.5B-46.3%
P/E49.4×+15.4×
P/S2.4×-2.1×

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
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
Research and development31,29427,96461,85453,689

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is BlackLine's total cost of revenue?
BlackLine (BL) reported total cost of revenue of $45.14M in Q2 2026.
How has BlackLine's total cost of revenue changed year-over-year?
BlackLine's total cost of revenue increased by 5.9% year-over-year, from $42.62M to $45.14M.
What is the long-term trend for BlackLine's total cost of revenue?
Over 4 years (2021 to 2025), BlackLine's total cost of revenue has grown at a 15.4% compound annual growth rate (CAGR), from $97.87M to $173.39M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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