Blackline BL
NASDAQ BL
$32.71 -0.52 (-1.56%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%