Blackline BL
NASDAQ BL
$32.71 -0.52 (-1.56%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Blackline's (BL) quarterly Cost of Revenue came in at $45.1 million in Q2 2026, up 5.92% on a YoY basis from $42.6 million in Q2 2025, and up 2.59% quarter-over-quarter from $44.0 million in Q1 2026.

Analysis

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

Blackline (BL) has reported Cost of Revenue for 12 consecutive years, with $45.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 5.92% year-over-year to $45.1 million; the trailing twelve-month figure through Jun 2026 stood at $179.0 million (up 7.78% YoY), and the FY2025 full-year result was $173.4 million, up 7.05% from the prior year.
  • Cost of Revenue grew to $45.1 million in Q2 2026 per BL's latest filing, from $44.0 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.
  • Historically, Cost of Revenue has averaged $38.9 million across 5 years, with a median of $39.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 40.12% in 2022, then grew 4.67% in 2025.
  • Over 5 years, 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 retreated by 0.67% to $45.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $45.1 million, $44.0 million, and $45.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 1.32 Bn
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 75.68 Mn
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn 57.18 Mn
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn 80.00 Mn
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 45.14 Mn
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn 17.54 Mn
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 31,479.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.14 Mn
Mar 31, 2026 44.01 Mn
Dec 31, 2025 45.45 Mn
Sep 30, 2025 44.39 Mn
Jun 30, 2025 42.62 Mn
Mar 31, 2025 40.92 Mn
Dec 31, 2024 41.41 Mn
Sep 30, 2024 41.11 Mn
Jun 30, 2024 40.35 Mn
Mar 31, 2024 39.10 Mn
Dec 31, 2023 37.61 Mn
Sep 30, 2023 36.79 Mn
Jun 30, 2023 37.12 Mn
Mar 31, 2023 35.27 Mn
Dec 31, 2022 33.36 Mn
Sep 30, 2022 32.43 Mn
Jun 30, 2022 32.92 Mn
Mar 31, 2022 30.67 Mn
Dec 31, 2021 27.97 Mn
Sep 30, 2021 24.44 Mn