Blackline (BL) Cost of Revenue (2015 - 2026)
Blackline (BL) reported Cost of Revenue of $44.0 million for Q1 2026, down 30.22% on a YoY basis from $63.1 million in Q1 2025, and down 30.88% quarter-over-quarter from $63.7 million in Q4 2025.
Blackline (BL) Cost of Revenue (2015 - 2026) Analysis & Trends
Blackline has reported Cost of Revenue for 12 years, with the latest figure at $44.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 30.22% year-over-year to $44.0 million; the trailing twelve-month figure through Mar 2026 stood at $217.8 million (up 32.86% YoY), and the FY2025 full-year result was $258.9 million, up 59.87% from the prior year.
- Cost of Revenue for Q1 2026 stood at $44.0 million, down from $63.7 million in the prior quarter.
- The five-year high for Cost of Revenue was $67.5 million in Q3 2025, with the low at -$61.2 million in Q4 2022.
- Historically, Cost of Revenue has averaged $41.8 million across 5 years, with a median of $56.9 million in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue tumbled 146.1% — and 2025, when it soared 394.55%.
- Blackline's Cost of Revenue stood at -$61.2 million in 2022, then surged by 193.0% to $56.9 million in 2023, then plunged by 137.99% to -$21.6 million in 2024, then soared by 394.55% to $63.7 million in 2025, then sank by 30.88% to $44.0 million in 2026.
- The last three Cost of Revenue figures came in at $44.0 million (Q1 2026), $63.7 million (Q4 2025), and $67.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Blackline | 1.67 Bn | 1.18 Bn | 139.15 Mn | 44.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.01 Mn |
| Mar 31, 2026 | 44.01 Mn |
| Dec 31, 2025 | 63.66 Mn |
| Dec 31, 2025 | 63.66 Mn |
| Sep 30, 2025 | 67.49 Mn |
| Sep 30, 2025 | 67.49 Mn |
| Jun 30, 2025 | 42.62 Mn |
| Jun 30, 2025 | 42.62 Mn |
| Mar 31, 2025 | 63.06 Mn |
| Mar 31, 2025 | 63.06 Mn |
| Dec 31, 2024 | -21.61 Mn |
| Dec 31, 2024 | -21.61 Mn |
| Sep 30, 2024 | 62.22 Mn |
| Sep 30, 2024 | 62.22 Mn |
| Jun 30, 2024 | 60.25 Mn |
| Jun 30, 2024 | 60.25 Mn |
| Mar 31, 2024 | 39.10 Mn |
| Mar 31, 2024 | 39.10 Mn |
| Dec 31, 2023 | 56.90 Mn |
| Dec 31, 2023 | 56.90 Mn |