BlackLine (BL) Q2 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

BlackLine posted a narrow but clean beat in Q2 2025, with revenue of $172.03 million rising 7.2% year-over-year and non-GAAP EPS of $0.51 edging past the $0.51 consensus, as disciplined cost management helped lift non-GAAP operating margin to 22.1% f… Read more BlackLine posted a narrow but clean beat in Q2 2025, with revenue of $172.03 million rising 7.2% year-over-year and non-GAAP EPS of $0.51 edging past the $0.51 consensus, as disciplined cost management helped lift non-GAAP operating margin to 22.1% from 19.8% a year ago. The margin expansion was the clearest signal of operational progress, with subscription and support revenue accounting for $163.03 million of the top line and billings surging 11% to $182.30 million, reinforcing forward revenue confidence alongside $944.30 million in remaining performance obligations. Dollar-based net revenue retention held at 105%, and the company's strategic pivot, including a new platform pricing model and its first federal agency customer, added texture to the growth story. A planned leadership transition, with co-CEO Therese Tucker moving to a Founder role effective October 1, adds a layer of organizational change heading into the back half. Management guided Q3 revenue of $177 million to $179 million and full-year 2025 revenue of $696 million to $705 million, with full-year non-GAAP EPS expected between $2.13 and $2.24.