Blackline (BL) Research & Development (2015 - 2026)
Blackline (BL) posted Research & Development of $67.4 million for Q1 2026, up 178.34% on a QoQ basis from -$86.1 million in Q4 2025, and up 6.91% year-over-year from $63.1 million in Q1 2025.
Blackline (BL) Research & Development (2015 - 2026) Analysis & Trends
Blackline's Research & Development history runs 12 years deep, the most recent figure standing at $67.4 million for Q1 2026.
- Quarterly Research & Development rose 6.91% year-over-year to $67.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $73.4 million (down 79.47% YoY) and the FY2025 annual result came in at $109.2 million, down 56.03% from the prior year.
- Research & Development was $67.4 million for Q1 2026 at Blackline, up from -$86.1 million in the prior quarter.
- Across five years, Research & Development topped out at $172.0 million in Q4 2024 and bottomed at -$86.1 million in Q4 2025.
- A 5-year average of $51.9 million and a median of $61.1 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 251.16% — and 2025, when it sank 150.05%.
- Blackline's Research & Development stood at $28.0 million in 2022, then surged by 103.05% to $56.9 million in 2023, then soared by 202.23% to $172.0 million in 2024, then sank by 150.05% to -$86.1 million in 2025, then surged by 178.34% to $67.4 million in 2026.
- Business Quant data shows BL's Research & Development at $67.4 million in Q1 2026, -$86.1 million in Q4 2025, and $27.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Blackline | 1.63 Bn | 1.14 Bn | 139.15 Mn | 67.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.42 Mn |
| Dec 31, 2025 | -86.07 Mn |
| Sep 30, 2025 | 27.33 Mn |
| Jun 30, 2025 | 64.71 Mn |
| Mar 31, 2025 | 63.06 Mn |
| Dec 31, 2024 | 171.96 Mn |
| Sep 30, 2024 | 62.22 Mn |
| Jun 30, 2024 | 60.25 Mn |
| Mar 31, 2024 | 61.11 Mn |
| Dec 31, 2023 | 56.90 Mn |
| Sep 30, 2023 | 26.72 Mn |
| Jun 30, 2023 | 26.80 Mn |
| Mar 31, 2023 | 61.93 Mn |
| Dec 31, 2022 | 28.02 Mn |
| Sep 30, 2022 | 64.54 Mn |
| Jun 30, 2022 | 66.00 Mn |
| Mar 31, 2022 | 60.03 Mn |
| Dec 31, 2021 | -69.09 Mn |
| Sep 30, 2021 | 18.84 Mn |
| Jun 30, 2021 | 18.80 Mn |