Blackline (BL) Operating Expenses (2015 - 2026)
Blackline's (BL) quarterly Operating Expenses came in at $131.7 million in Q2 2026, up 8.07% on a YoY basis from $121.9 million in Q2 2025, and down 0.92% quarter-over-quarter from $132.9 million in Q1 2026.
Analysis
Blackline (BL) Operating Expenses (2015 - 2026) Analysis & Trends
Blackline (BL) has reported Operating Expenses for 12 consecutive years, with $131.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 8.07% year-over-year to $131.7 million; the trailing twelve-month figure through Jun 2026 stood at $521.8 million (up 8.13% YoY), and the FY2025 full-year result was $501.5 million, up 6.06% from the prior year.
- Operating Expenses fell to $131.7 million in Q2 2026 per BL's latest filing, from $132.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $132.9 million in Q1 2026 and bottomed at $89.5 million in Q2 2023.
- Historically, Operating Expenses has averaged $117.6 million across 5 years, with a median of $118.5 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 56.0% in 2022, then slipped 17.28% in 2023.
- Over 5 years, Operating Expenses stood at $103.3 million in 2022, then rose by 1.92% to $105.3 million in 2023, then climbed by 15.69% to $121.8 million in 2024, then increased by 7.45% to $130.9 million in 2025, then gained by 0.6% to $131.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $131.7 million, $132.9 million, and $130.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 4.54 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 136.56 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 181.16 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 390.44 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 131.69 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 19.25 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 98,357.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.69 Mn |
| Mar 31, 2026 | 132.92 Mn |
| Dec 31, 2025 | 130.91 Mn |
| Sep 30, 2025 | 126.29 Mn |
| Jun 30, 2025 | 121.86 Mn |
| Mar 31, 2025 | 122.43 Mn |
| Dec 31, 2024 | 121.83 Mn |
| Sep 30, 2024 | 116.44 Mn |
| Jun 30, 2024 | 117.95 Mn |
| Mar 31, 2024 | 116.62 Mn |
| Dec 31, 2023 | 105.30 Mn |
| Sep 30, 2023 | 114.99 Mn |
| Jun 30, 2023 | 89.54 Mn |
| Mar 31, 2023 | 119.03 Mn |
| Dec 31, 2022 | 103.32 Mn |
| Sep 30, 2022 | 123.26 Mn |
| Jun 30, 2022 | 108.25 Mn |
| Mar 31, 2022 | 114.93 Mn |
| Dec 31, 2021 | 103.54 Mn |
| Sep 30, 2021 | 79.01 Mn |