Blackline (BL) Research & Development (2015 - 2026)
Blackline's (BL) quarterly Research & Development came in at $68.5 million in Q2 2026, up 5.84% on a YoY basis from $64.7 million in Q2 2025, and up 1.58% quarter-over-quarter from $67.4 million in Q1 2026.
Analysis
Blackline (BL) Research & Development (2015 - 2026) Analysis & Trends
Blackline (BL) has reported Research & Development for 12 consecutive years, with $68.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 5.84% year-over-year to $68.5 million; the trailing twelve-month figure through Jun 2026 stood at $267.1 million (up 4.83% YoY), and the FY2025 full-year result was $258.9 million, up 4.26% from the prior year.
- Research & Development improved to $68.5 million in Q2 2026 per BL's latest filing, from $67.4 million in the prior quarter.
- Across five years, Research & Development topped out at $68.5 million in Q2 2026 and bottomed at $56.9 million in Q4 2023.
- Historically, Research & Development has averaged $63.5 million across 5 years, with a median of $63.4 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 34.2% in 2022, then slipped 14.17% in 2023.
- Over 5 years, Research & Development stood at $66.3 million in 2022, then dropped by 14.17% to $56.9 million in 2023, then climbed by 13.83% to $64.8 million in 2024, then declined by 1.71% to $63.7 million in 2025, then grew by 7.58% to $68.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $68.5 million, $67.4 million, and $63.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 1.79 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 57.05 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 91.92 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 158.33 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 68.49 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 4.98 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.49 Mn |
| Mar 31, 2026 | 67.42 Mn |
| Dec 31, 2025 | 63.66 Mn |
| Sep 30, 2025 | 67.49 Mn |
| Jun 30, 2025 | 64.71 Mn |
| Mar 31, 2025 | 63.06 Mn |
| Dec 31, 2024 | 64.77 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 | 61.58 Mn |
| Jun 30, 2023 | 62.75 Mn |
| Mar 31, 2023 | 61.93 Mn |
| Dec 31, 2022 | 66.30 Mn |
| Sep 30, 2022 | 64.54 Mn |
| Jun 30, 2022 | 66.00 Mn |
| Mar 31, 2022 | 60.03 Mn |
| Dec 31, 2021 | 56.21 Mn |
| Sep 30, 2021 | 48.80 Mn |