BlackLine, Inc. (BL)

From the record

BlackLine, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

BlackLine, Inc.'s 10 filed years say what it did: revenue went from $128 million in fiscal 2016 to $700 million in fiscal 2025, up 20.8% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, BlackLine, Inc.'s diluted share count grew about 3.5% a year, and dividends and buybacks returned about 48% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales (2 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, BlackLine, Inc. earned about 7 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 30 cents per dollar of everything the company owns. Leverage: it owed about 81 cents per dollar of assets, and net share issuance: its share count shrank 10.3% over the year (the filed statements).

From the record

BlackLine, Inc.'s standing among 218 graded names in its industry family: revenue of $700 million in fiscal 2025 ranks in the top 42% by size; a net margin of 3.5% ranks in the top 39%; revenue growth of 10.2% a year over the last 3 filed years ranks in the bottom 45% (its annual reports).

From the record

BlackLine, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Ryan, Owen (Chief Executive Officer, as filed), filing under that title since 2023-03-07, 3.7 years (bottom 45% of its family); the 20 officers and directors filing in the last fifteen months have been on the record a median of 2.6 years (bottom 6%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (bottom 28%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

BlackLine, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $390 million against no long-term debt tagged leaves 22.2% of its assets as net cash, top 34% of its family; cash from operations less capital spending is 23.1% of revenue (top 28%); a gross margin of 75.2% (top 36%); research spending of 15.6% of revenue (bottom 33%) (its annual report).

From the record

BlackLine, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.2% a year over the last three filed years against 20.8% over all 10, slowing (bottom 36% of its family); the newest year grew 7.2% (bottom 32%); research spending grew 0.1% a year (bottom 32%); capital spending grew -9.7% a year (bottom 40%) (its annual reports). BlackLine, Inc. reported 2 product lines in fiscal 2025: Subscription and Circulation at $663 million (95%), Technology Service at $37 million (5%); 2 of 2 grew against the year before (its annual report).

From the record

BlackLine, Inc.'s newest year against its own record: revenue of $700 million in fiscal 2025 came in 4.1% below the $730 million its prior three years' pace pointed to (bottom 33% of its family); net income of $25 million against a prior three-year average of $62 million (bottom 15%); a net margin of 3.5% against 9.3% before (bottom 17%) (its annual reports).