Blackline (BL) Net Margin (2015 - 2026)
Blackline's (BL) quarterly Net Margin came in at 0.6% in Q2 2026, down 278.0% on a YoY basis from 0.33% in Q2 2025, and up 247.73% quarter-over-quarter from 0.4% in Q1 2026.
Analysis
Blackline (BL) Net Margin (2015 - 2026) Analysis & Trends
Blackline (BL) has reported Net Margin for 12 consecutive years, with 0.6% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 278.0% year-over-year to 0.6%; the trailing twelve-month figure through Jun 2026 stood at 2.36% (down 1118.0% YoY), and the FY2025 full-year result was 3.84%, down 2255.0% from the prior year.
- Net Margin improved to 0.6% in Q2 2026 per BL's latest filing, from 0.4% in the prior quarter.
- Across five years, Net Margin topped out at 45.3% in Q2 2024 and bottomed at 13.98% in Q1 2022.
- Historically, Net Margin has averaged 7.37% across 5 years, with a median of 4.7% in 2025.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 3092 bps in 2022, then sank 4192 bps in 2025.
- Over 5 years, Net Margin stood at 6.82% in 2022, then surged by 146 bps to 16.76% in 2023, then surged by 146 bps to 41.22% in 2024, then sank by 91 bps to 3.66% in 2025, then sank by 84 bps to 0.6% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.6%, 0.4%, and 3.66% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 35.80% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -9.31% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.23% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.60% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -11.37% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60% |
| Mar 31, 2026 | -0.40% |
| Dec 31, 2025 | 3.66% |
| Sep 30, 2025 | 5.74% |
| Jun 30, 2025 | 3.38% |
| Mar 31, 2025 | 2.44% |
| Dec 31, 2024 | 41.22% |
| Sep 30, 2024 | 6.98% |
| Jun 30, 2024 | 45.30% |
| Mar 31, 2024 | 11.59% |
| Dec 31, 2023 | 16.76% |
| Sep 30, 2023 | 9.84% |
| Jun 30, 2023 | 17.27% |
| Mar 31, 2023 | -1.11% |
| Dec 31, 2022 | 6.82% |
| Sep 30, 2022 | -13.14% |
| Jun 30, 2022 | -10.21% |
| Mar 31, 2022 | -13.98% |
| Dec 31, 2021 | -24.09% |
| Sep 30, 2021 | -4.98% |