Blackline (BL) Convertible Debt (2019 - 2026)
Blackline (BL) posted Convertible Debt of $666.7 million for Q1 2026, little changed on a QoQ basis from $666.0 million in Q4 2025, and little changed year-over-year from $664.1 million in Q1 2025.
Blackline (BL) Convertible Debt (2019 - 2026) Analysis & Trends
Blackline's Convertible Debt history runs 8 years deep, the most recent figure standing at $666.7 million for Q1 2026.
- Quarterly Convertible Debt changed 0.38% year-over-year to $666.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $666.7 million (changed 0.38% YoY) and the FY2025 annual result came in at $666.0 million, down 25.39% from the prior year.
- Convertible Debt was $666.7 million for Q1 2026 at Blackline, roughly flat from $666.0 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.
- A 5-year average of $1.0 billion and a median of $1.1 billion in 2023 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2022 — Convertible Debt rose 29.43% — and 2025, when it tumbled 41.83%.
- Blackline's 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 increased by 0.09% to $666.7 million in 2026.
- Business Quant data shows BL's Convertible Debt at $666.7 million in Q1 2026, $666.0 million in Q4 2025, and $665.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Blackline | 1.63 Bn | 1.14 Bn | 139.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.08 Bn |