Blackline (BL) Convertible Debt (2019 - 2026)
Blackline's (BL) quarterly Convertible Debt came in at $667.3 million in Q2 2026, little changed on a YoY basis from $664.8 million in Q2 2025, and little changed quarter-over-quarter from $666.7 million in Q1 2026.
Analysis
Blackline (BL) Convertible Debt (2019 - 2026) Analysis & Trends
Blackline (BL) has reported Convertible Debt for 8 consecutive years, with $667.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Convertible Debt changed 0.38% year-over-year to $667.3 million; the trailing twelve-month figure through Jun 2026 stood at $667.3 million (changed 0.38% YoY), and the FY2025 full-year result was $666.0 million, down 25.39% from the prior year.
- Convertible Debt held at $667.3 million in Q2 2026 per BL's latest filing, from $666.7 million in the prior quarter.
- Across five years, Convertible Debt topped out at $1.4 billion in Q2 2023 and bottomed at $664.1 million in Q1 2025.
- Historically, Convertible Debt has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Convertible Debt grew 29.43% in 2022, then sank 41.83% in 2025.
- Over 5 years, Convertible Debt stood at $1.4 billion in 2022, then declined by 17.6% to $1.1 billion in 2023, then dropped by 21.74% to $892.7 million in 2024, then declined by 25.39% to $666.0 million in 2025, then gained by 0.19% to $667.3 million in 2026.
- According to Business Quant data, Convertible Debt over the past three periods registered $667.3 million, $666.7 million, and $666.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 667.32 Mn |
| Mar 31, 2026 | 666.68 Mn |
| Dec 31, 2025 | 666.05 Mn |
| Sep 30, 2025 | 665.40 Mn |
| Jun 30, 2025 | 664.76 Mn |
| Mar 31, 2025 | 664.13 Mn |
| Dec 31, 2024 | 892.68 Mn |
| Sep 30, 2024 | 891.83 Mn |
| Jun 30, 2024 | 890.98 Mn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.39 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.38 Bn |
| Jun 30, 2022 | 1.38 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.10 Bn |