Blackline (BL) Gross Margin (2015 - 2026)
Blackline's (BL) quarterly Gross Margin came in at 75.96% in Q2 2026, up 74.0% on a YoY basis from 43.66% in Q2 2025, and little changed quarter-over-quarter from 75.97% in Q1 2026.
Analysis
Blackline (BL) Gross Margin (2015 - 2026) Analysis & Trends
Blackline (BL) has reported Gross Margin for 12 consecutive years, with 75.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 74.0% year-over-year to 75.96%; the trailing twelve-month figure through Jun 2026 stood at 75.56% (up 19.0% YoY), and the FY2025 full-year result was 75.25%, up 4.0% from the prior year.
- Gross Margin steadied at 75.96% in Q2 2026 per BL's latest filing, from 75.97% in the prior quarter.
- Across five years, Gross Margin topped out at 76.16% in Q4 2022 and bottomed at 74.33% in Q2 2023.
- Historically, Gross Margin has averaged 75.28% across 5 years, with a median of 75.22% in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin plunged 337 bps in 2022, then soared 74 bps in 2026.
- Over 5 years, Gross Margin stood at 76.16% in 2022, then dropped by 0 bps to 75.85% in 2023, then dropped by 0 bps to 75.56% in 2024, then dropped by 0 bps to 75.19% in 2025, then gained by 1 bps to 75.96% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 75.96%, 75.97%, and 75.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 84.61% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 65.79% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 74.04% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 81.66% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 75.96% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 48.22% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 100.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.96% |
| Mar 31, 2026 | 75.97% |
| Dec 31, 2025 | 75.19% |
| Sep 30, 2025 | 75.10% |
| Jun 30, 2025 | 75.22% |
| Mar 31, 2025 | 75.48% |
| Dec 31, 2024 | 75.56% |
| Sep 30, 2024 | 75.22% |
| Jun 30, 2024 | 74.86% |
| Mar 31, 2024 | 75.17% |
| Dec 31, 2023 | 75.85% |
| Sep 30, 2023 | 75.59% |
| Jun 30, 2023 | 74.33% |
| Mar 31, 2023 | 74.62% |
| Dec 31, 2022 | 76.16% |
| Sep 30, 2022 | 75.85% |
| Jun 30, 2022 | 74.37% |
| Mar 31, 2022 | 74.49% |
| Dec 31, 2021 | 75.75% |
| Sep 30, 2021 | 77.66% |