BLACKLINE, INC. (BL) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

BLACKLINE, INC. (BL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BLACKLINE, INC. FY2025 10-K Analysis

Business Overview

  • Core business model: Cloud-based platform for digital finance transformation targeting the Office of the CFO to automate and unify financial close and invoice-to-cash processes
  • New AI suite "Verity" launched Sept 2025, embedding auditable AI across financial operations to improve automation and insights
+3 more insights

Management Discussion & Analysis

  • Revenue $700.4M in 2025, up 7% YoY from $653.3M in 2024, driven by product expansion and new bookings
  • GAAP operating margin 3.6% vs 2.8% in 2024; Non-GAAP operating margin 22.3% vs 19.4% YoY
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Risk Factors

  • Regulatory risk from exempt issuance under Section 4(a)(2) of the Securities Act for 315,640 shares issued in Dec 2025 for WL acquisition
  • Operational risk from reliance on fulfillment of service-based vesting conditions for 220,948 shares issued to WL founders
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BLACKLINE, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$700M

+7.2% YoY

Net Income

$25M

-84.8% YoY

Gross Margin

75.2%

+4bp YoY

Operating Margin

3.6%

+81bp YoY

Net Margin

3.5%

-2117bp YoY

ROE

7.4%

-2871bp YoY

Total Assets

$1.8B

-3.6% YoY

EPS (Diluted)

$0.39

-73.1% YoY

Operating Cash Flow

$170M

-11.1% YoY

Source: XBRL data from BLACKLINE, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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