Blackline (BL) FCF Margin (2015 - 2026)
Blackline's FCF Margin came in at 22.93% for Q2 2026, up 4.69 percentage points from 18.24% a year earlier but down 1.19 percentage points from the prior quarter.
Blackline (BL) FCF Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Blackline reported FCF Margin of 24.11%, down 1.21 percentage points year-over-year; for FY2025, it came in at 23.06%, down 5.83 percentage points from FY2024.
- FCF Margin carries a five-year change of +9.35 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 28.88% in FY2024 (+8.43 pp), 20.45% in FY2023 (+11.84 pp), 8.61% in FY2022 (-8.15 pp) and 16.76% in FY2021 (+3.05 pp).
- The five-year range for quarterly FCF Margin is -1.12% (Q1 2022) to 35.48% (Q3 2025).
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -1.20 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2024 (a gain of 16.59 percentage points), and the weakest in Q1 2022 (a drop of 28.85 percentage points).
- Business Quant data shows BL's FCF Margin at 24.12% (Q1 2026), 14.22% (Q4 2025) and 35.48% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 62.08% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | -27.89% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 33.09% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 9.68% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 11.86% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 24.76% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 29.95% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -4.83% |
| 10 | Blackline | 1.55 Bn | -1.06 Bn | 142.68 Mn | 22.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.93% |
| Mar 31, 2026 | 24.12% |
| Dec 31, 2025 | 14.22% |
| Sep 30, 2025 | 35.48% |
| Jun 30, 2025 | 18.24% |
| Mar 31, 2025 | 24.44% |
| Dec 31, 2024 | 25.40% |
| Sep 30, 2024 | 33.47% |
| Jun 30, 2024 | 24.93% |
| Mar 31, 2024 | 31.83% |
| Dec 31, 2023 | 25.78% |
| Sep 30, 2023 | 23.84% |
| Jun 30, 2023 | 16.18% |
| Mar 31, 2023 | 15.25% |
| Dec 31, 2022 | 17.52% |
| Sep 30, 2022 | 16.19% |
| Jun 30, 2022 | 0.10% |
| Mar 31, 2022 | -1.12% |
| Dec 31, 2021 | 16.12% |
| Sep 30, 2021 | 12.43% |
Blackline FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=BL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "BL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=BL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();