Blackline (BL) Invested Capital (2015 - 2026)
Blackline's (BL) quarterly Invested Capital came in at $316.2 million in Q2 2026, down 50.88% on a YoY basis from $643.6 million in Q2 2025, and up 3.34% quarter-over-quarter from $306.0 million in Q1 2026.
Analysis
Blackline (BL) Invested Capital (2015 - 2026) Analysis & Trends
Blackline (BL) has reported Invested Capital for 12 consecutive years, with $316.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 50.88% year-over-year to $316.2 million; the trailing twelve-month figure through Jun 2026 stood at $316.2 million (down 50.88% YoY), and the FY2025 full-year result was $562.3 million, up 25.9% from the prior year.
- Invested Capital rose to $316.2 million in Q2 2026 per BL's latest filing, from $306.0 million in the prior quarter.
- Across five years, Invested Capital topped out at $647.3 million in Q1 2025 and bottomed at $84.4 million in Q3 2022.
- Historically, Invested Capital has averaged $370.6 million across 5 years, with a median of $407.3 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Invested Capital slumped 75.36% in 2022, then soared 450.22% in 2023.
- Over 5 years, Invested Capital stood at $119.9 million in 2022, then jumped by 325.56% to $510.1 million in 2023, then fell by 12.44% to $446.7 million in 2024, then gained by 25.9% to $562.3 million in 2025, then sank by 43.78% to $316.2 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $316.2 million, $306.0 million, and $562.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 27.54 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 2.86 Bn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 1.24 Bn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 3.98 Bn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 316.17 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | - |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 316.17 Mn |
| Mar 31, 2026 | 305.95 Mn |
| Dec 31, 2025 | 562.35 Mn |
| Sep 30, 2025 | 558.11 Mn |
| Jun 30, 2025 | 643.64 Mn |
| Mar 31, 2025 | 647.28 Mn |
| Dec 31, 2024 | 446.67 Mn |
| Sep 30, 2024 | 367.91 Mn |
| Jun 30, 2024 | 575.65 Mn |
| Mar 31, 2024 | 529.39 Mn |
| Dec 31, 2023 | 510.11 Mn |
| Sep 30, 2023 | 464.64 Mn |
| Jun 30, 2023 | 192.87 Mn |
| Mar 31, 2023 | 142.95 Mn |
| Dec 31, 2022 | 119.87 Mn |
| Sep 30, 2022 | 84.45 Mn |
| Jun 30, 2022 | 100.18 Mn |
| Mar 31, 2022 | 103.01 Mn |
| Dec 31, 2021 | 341.47 Mn |
| Sep 30, 2021 | 342.75 Mn |