Blackline BL
NASDAQ BL
$32.71 -0.52 (-1.56%)
At close: Sep 4, 2026 · 4:00 PM EDT

Blackline (BL) Operating Margin (2015 - 2026)

Blackline's (BL) quarterly Operating Margin came in at 5.85% in Q2 2026, up 147.0% on a YoY basis from 2.37% in Q2 2025, and up 71.88% quarter-over-quarter from 3.4% in Q1 2026.

Analysis

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

Blackline (BL) has reported Operating Margin for 12 consecutive years, with 5.85% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 147.0% year-over-year to 5.85%; the trailing twelve-month figure through Jun 2026 stood at 4.32% (up 51.0% YoY), and the FY2025 full-year result was 3.65%, up 81.0% from the prior year.
  • Operating Margin climbed to 5.85% in Q2 2026 per BL's latest filing, from 3.4% in the prior quarter.
  • Across five years, Operating Margin topped out at 12.4% in Q2 2023 and bottomed at 21.1% in Q1 2022.
  • Historically, Operating Margin has averaged 0.04% across 5 years, with a median of 2.87% in 2026.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 2139 bps in 2022, then surged 2227 bps in 2023.
  • Over 5 years, Operating Margin stood at 2.34% in 2022, then soared by 251 bps to 8.23% in 2023, then plunged by 55 bps to 3.67% in 2024, then rose by 2 bps to 3.72% in 2025, then soared by 57 bps to 5.85% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 5.85%, 3.4%, and 3.72% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 46.97%
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 4.06%
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn -8.22%
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn -7.85%
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 5.85%
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn -8.63%
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 -119.06%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.85%
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%