Blackline (BL) Cost of Revenue (2015 - 2026)

Blackline (BL) posted Cost of Revenue of $44.0 million for Q1 2026, down 3.18% on a QoQ basis from $45.4 million in Q4 2025, and up 7.53% year-over-year from $40.9 million in Q1 2025.

Blackline (BL) Cost of Revenue (2015 - 2026) Analysis & Trends

Blackline's Cost of Revenue history runs 12 years deep, the most recent figure standing at $44.0 million for Q1 2026.

  • Quarterly Cost of Revenue rose 7.53% year-over-year to $44.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $176.5 million (up 7.74% YoY) and the FY2025 annual result came in at $173.4 million, up 7.05% from the prior year.
  • Cost of Revenue was $44.0 million for Q1 2026 at Blackline, down from $45.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $45.4 million in Q4 2025 and bottomed at $30.7 million in Q1 2022.
  • A 5-year average of $38.6 million and a median of $39.1 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue jumped 40.12% — and 2025, when it rose 4.67%.
  • Blackline's Cost of Revenue stood at $33.4 million in 2022, then grew by 12.74% to $37.6 million in 2023, then advanced by 10.11% to $41.4 million in 2024, then advanced by 9.75% to $45.4 million in 2025, then fell by 3.18% to $44.0 million in 2026.
  • Business Quant data shows BL's Cost of Revenue at $44.0 million in Q1 2026, $45.4 million in Q4 2025, and $44.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Blackline 1.82 Bn 1.30 Bn 139.15 Mn 44.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.01 Mn
Mar 31, 2026 44.01 Mn
Dec 31, 2025 45.45 Mn
Dec 31, 2025 45.45 Mn
Sep 30, 2025 44.39 Mn
Sep 30, 2025 44.39 Mn
Jun 30, 2025 42.62 Mn
Jun 30, 2025 42.62 Mn
Mar 31, 2025 40.92 Mn
Mar 31, 2025 40.92 Mn
Dec 31, 2024 41.41 Mn
Dec 31, 2024 41.41 Mn
Sep 30, 2024 41.11 Mn
Sep 30, 2024 41.11 Mn
Jun 30, 2024 40.35 Mn
Jun 30, 2024 40.35 Mn
Mar 31, 2024 39.10 Mn
Mar 31, 2024 39.10 Mn
Dec 31, 2023 37.61 Mn
Dec 31, 2023 37.61 Mn