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

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

Historic Data

Download Data
DateValue
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