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| Date | Value |
|---|---|
| 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 |