Blackline (BL) EBT Margin (2015 - 2026)
Blackline's (BL) quarterly EBT Margin came in at 6.8% in Q2 2026, down 109.0% on a YoY basis from 75.53% in Q2 2025, and up 27.06% quarter-over-quarter from 5.35% in Q1 2026.
Analysis
Blackline (BL) EBT Margin (2015 - 2026) Analysis & Trends
Blackline (BL) has reported EBT Margin for 12 consecutive years, with 6.8% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 109.0% year-over-year to 6.8%; the trailing twelve-month figure through Jun 2026 stood at 6.46% (down 145.0% YoY), and the FY2025 full-year result was 6.89%, down 1220.0% from the prior year.
- EBT Margin advanced to 6.8% in Q2 2026 per BL's latest filing, from 5.35% in the prior quarter.
- Across five years, EBT Margin topped out at 49.4% in Q2 2024 and bottomed at 21.87% in Q1 2022.
- Historically, EBT Margin has averaged 6.59% across 5 years, with a median of 7.23% in 2022.
- The sharpest annual moves came in 2022 and 2025: EBT Margin jumped 3500 bps in 2022, then slumped 4152 bps in 2025.
- Over 5 years, EBT Margin stood at 7.02% in 2022, then surged by 139 bps to 16.79% in 2023, then sank by 54 bps to 7.73% in 2024, then decreased by 19 bps to 6.25% in 2025, then rose by 9 bps to 6.8% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 6.8%, 5.35%, and 6.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 47.29% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.63% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -8.95% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.59% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 6.80% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -8.03% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.80% |
| Mar 31, 2026 | 5.35% |
| Dec 31, 2025 | 6.25% |
| Sep 30, 2025 | 7.44% |
| Jun 30, 2025 | 7.89% |
| Mar 31, 2025 | 5.96% |
| Dec 31, 2024 | 7.73% |
| Sep 30, 2024 | 10.05% |
| Jun 30, 2024 | 49.40% |
| Mar 31, 2024 | 9.93% |
| Dec 31, 2023 | 16.79% |
| Sep 30, 2023 | 7.61% |
| Jun 30, 2023 | 20.05% |
| Mar 31, 2023 | -4.39% |
| Dec 31, 2022 | 7.02% |
| Sep 30, 2022 | -13.79% |
| Jun 30, 2022 | -9.68% |
| Mar 31, 2022 | -21.87% |
| Dec 31, 2021 | -27.98% |
| Sep 30, 2021 | -9.07% |