BlackLine (BL) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

BlackLine closed out fiscal 2025 on a steady note, posting Q4 revenue of $183.18 million, up 8.1% year-over-year and just ahead of the $182.98 million consensus, while non-GAAP earnings per diluted share of $0.63 cleared the $0.59 analyst estimate by… Read more BlackLine closed out fiscal 2025 on a steady note, posting Q4 revenue of $183.18 million, up 8.1% year-over-year and just ahead of the $182.98 million consensus, while non-GAAP earnings per diluted share of $0.63 cleared the $0.59 analyst estimate by 7.20%. The clearest driver behind the earnings beat was a sharp expansion in non-GAAP operating margin, which widened to 24.7% from 18.1% a year ago, reflecting disciplined cost management even as stock-based compensation and restructuring charges weighed on GAAP results. Billings grew 9.5% to $226.90 million and remaining performance obligations surged 23.5% to $1.10 billion, pointing to a healthy forward pipeline that management credited to record bookings and the scaling of its Studio360 platform. Despite those operational positives, the stock has come under pressure, falling sharply in recent months amid mixed analyst sentiment on growth durability. Looking ahead, BlackLine guided full-year 2026 revenue of $764 to $768 million, implying 9% to 9.6% growth, alongside a non-GAAP operating margin of 23.7% to 24.3%.