Blackline (BL) FCF Margin (2015 - 2026)
Blackline's (BL) quarterly FCF Margin came in at 20.44% in Q2 2026, up 512.0% on a YoY basis from 3.34% in Q2 2025, and down 1.21% quarter-over-quarter from 20.68% in Q1 2026.
Analysis
Blackline (BL) FCF Margin (2015 - 2026) Analysis & Trends
Blackline (BL) has reported FCF Margin for 12 consecutive years, with 20.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 512.0% year-over-year to 20.44%; the trailing twelve-month figure through Jun 2026 stood at 21.07% (down 147.0% YoY), and the FY2025 full-year result was 20.41%, down 501.0% from the prior year.
- FCF Margin slipped to 20.44% in Q2 2026 per BL's latest filing, from 20.68% in the prior quarter.
- Across five years, FCF Margin topped out at 32.27% in Q3 2025 and bottomed at 3.73% in Q1 2022.
- Historically, FCF Margin has averaged 17.86% across 5 years, with a median of 20.56% in 2026.
- The sharpest annual moves came in 2022 and 2024: FCF Margin tumbled 2849 bps in 2022, then soared 1642 bps in 2024.
- Over 5 years, FCF Margin stood at 15.36% in 2022, then surged by 56 bps to 23.99% in 2023, then slipped by 8 bps to 22.0% in 2024, then slumped by 49 bps to 11.19% in 2025, then soared by 83 bps to 20.44% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 20.44%, 20.68%, and 11.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 61.18% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 5.08% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -5.20% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 22.22% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 20.44% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 21.71% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -19.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44% |
| Mar 31, 2026 | 20.68% |
| Dec 31, 2025 | 11.19% |
| Sep 30, 2025 | 32.27% |
| Jun 30, 2025 | 15.32% |
| Mar 31, 2025 | 23.11% |
| Dec 31, 2024 | 22.00% |
| Sep 30, 2024 | 30.02% |
| Jun 30, 2024 | 21.84% |
| Mar 31, 2024 | 27.93% |
| Dec 31, 2023 | 23.99% |
| Sep 30, 2023 | 21.57% |
| Jun 30, 2023 | 13.22% |
| Mar 31, 2023 | 11.50% |
| Dec 31, 2022 | 15.36% |
| Sep 30, 2022 | 14.14% |
| Jun 30, 2022 | 0.62% |
| Mar 31, 2022 | -3.73% |
| Dec 31, 2021 | 16.33% |
| Sep 30, 2021 | 12.25% |