Blackline (BL) FCF Margin (2015 - 2026)
Blackline (BL) posted FCF Margin of 24.12% for Q1 2026, up 486.48% on a QoQ basis from 4.11% in Q4 2025, and up 101.0% year-over-year from 12.0% in Q1 2025.
Blackline (BL) FCF Margin (2015 - 2026) Analysis & Trends
Blackline's FCF Margin history runs 12 years deep, the most recent figure standing at 24.12% for Q1 2026.
- Quarterly FCF Margin rose 101.0% year-over-year to 24.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.73% (down 600.0% YoY) and the FY2025 annual result came in at 20.41%, down 847.0% from the prior year.
- FCF Margin was 24.12% for Q1 2026 at Blackline, up from 4.11% in the prior quarter.
- Across five years, FCF Margin topped out at 40.16% in Q3 2024 and bottomed at 3.73% in Q1 2022.
- A 5-year average of 19.15% and a median of 18.01% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 3145 bps — and 2023, when it jumped 1897 bps.
- Blackline's FCF Margin stood at 17.52% in 2022, then declined by 25 bps to 13.18% in 2023, then soared by 93 bps to 25.4% in 2024, then plunged by 84 bps to 4.11% in 2025, then surged by 486 bps to 24.12% in 2026.
- Business Quant data shows BL's FCF Margin at 24.12% in Q1 2026, 4.11% in Q4 2025, and 35.48% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 201.92 Bn | 181.68 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 192.40 Bn | 189.70 Bn | - | - |
| 3 | Shopify | 164.22 Bn | 158.47 Bn | 1.55 Bn | 15.02% |
| 4 | Salesforce | 153.50 Bn | 141.66 Bn | 8.56 Bn | 58.89% |
| 5 | Uber Technologies | 138.61 Bn | 137.40 Bn | 5.95 Bn | 17.31% |
| 6 | ServiceNow | 111.29 Bn | 106.63 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 103.39 Bn | 100.16 Bn | 2.87 Bn | 36.83% |
| 8 | Adobe | 97.32 Bn | 91.69 Bn | 5.90 Bn | 31.84% |
| 9 | Snowflake | 93.83 Bn | 90.88 Bn | 926.45 Mn | 16.73% |
| 10 | Blackline | 1.85 Bn | 1.32 Bn | 139.15 Mn | 24.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.12% |
| Dec 31, 2025 | 4.11% |
| Sep 30, 2025 | 35.48% |
| Jun 30, 2025 | 19.53% |
| Mar 31, 2025 | 23.11% |
| Dec 31, 2024 | 25.40% |
| Sep 30, 2024 | 40.16% |
| Jun 30, 2024 | 18.01% |
| Mar 31, 2024 | 31.83% |
| Dec 31, 2023 | 13.18% |
| Sep 30, 2023 | 26.44% |
| Jun 30, 2023 | 16.18% |
| Mar 31, 2023 | 15.25% |
| Dec 31, 2022 | 17.52% |
| Sep 30, 2022 | 11.26% |
| Jun 30, 2022 | 7.69% |
| Mar 31, 2022 | -3.73% |
| Dec 31, 2021 | 22.98% |
| Sep 30, 2021 | 11.21% |
| Jun 30, 2021 | 12.83% |