Blackline (BL) Operating Margin (2015 - 2026)

Blackline (BL) reported Operating Margin of 3.4% for Q1 2026, up 126.0% on a YoY basis from 1.51% in Q1 2025, and down 8.6% quarter-over-quarter from 3.72% in Q4 2025.

Blackline (BL) Operating Margin (2015 - 2026) Analysis & Trends

Blackline has reported Operating Margin for 12 years, with the latest figure at 3.4% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 126.0% year-over-year to 3.4%; the trailing twelve-month figure through Mar 2026 stood at 3.94% (up 86.0% YoY), and the FY2025 full-year result was 3.65%, up 81.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 3.4%, down from 3.72% in the prior quarter.
  • The five-year high for Operating Margin was 12.4% in Q2 2023, with the low at 21.1% in Q1 2022.
  • Historically, Operating Margin has averaged 0.39% across 5 years, with a median of 2.34% in 2022.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 2139 bps — and 2023, when it jumped 2227 bps.
  • Blackline's Operating Margin stood at 2.34% in 2022, then jumped by 251 bps to 8.23% in 2023, then slumped by 55 bps to 3.67% in 2024, then grew by 2 bps to 3.72% in 2025, then declined by 9 bps to 3.4% in 2026.
  • The last three Operating Margin figures came in at 3.4% (Q1 2026), 3.72% (Q4 2025), and 4.27% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 14.56%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.05%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 21.08%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.26%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 13.34%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -22.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Blackline 1.67 Bn 1.18 Bn 139.15 Mn 3.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.40%
Dec 31, 2025 3.72%
Sep 30, 2025 4.27%
Jun 30, 2025 4.39%
Mar 31, 2025 2.14%
Dec 31, 2024 3.67%
Sep 30, 2024 5.04%
Jun 30, 2024 1.38%
Mar 31, 2024 1.11%
Dec 31, 2023 8.23%
Sep 30, 2023 -0.71%
Jun 30, 2023 12.40%
Mar 31, 2023 -11.02%
Dec 31, 2022 2.34%
Sep 30, 2022 -15.95%
Jun 30, 2022 -9.88%
Mar 31, 2022 -21.10%
Dec 31, 2021 -14.04%
Sep 30, 2021 5.44%
Jun 30, 2021 -9.47%