Blackline (BL) Gross Margin (2015 - 2026)
Blackline (BL) posted Gross Margin of 75.97% for Q1 2026, up 1.04% on a QoQ basis from 75.19% in Q4 2025, and up 49.0% year-over-year from 50.99% in Q1 2025.
Blackline (BL) Gross Margin (2015 - 2026) Analysis & Trends
Blackline's Gross Margin history runs 12 years deep, the most recent figure standing at 75.97% for Q1 2026.
- Quarterly Gross Margin rose 49.0% year-over-year to 75.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 75.38% (up 9.0% YoY) and the FY2025 annual result came in at 75.25%, up 4.0% from the prior year.
- Gross Margin was 75.97% for Q1 2026 at Blackline, up from 75.19% 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.
- A 5-year average of 75.24% and a median of 75.22% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 337 bps — and 2024, when it jumped 55 bps.
- Blackline's 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 rose by 1 bps to 75.97% in 2026.
- Business Quant data shows BL's Gross Margin at 75.97% in Q1 2026, 75.19% in Q4 2025, and 75.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 48.77% |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 76.92% |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 45.03% |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 48.28% |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 89.20% |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 66.61% |
| 10 | Blackline | 1.82 Bn | 1.30 Bn | 139.15 Mn | 75.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 76.92% |