Blackline profit margin BL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 4.7%
- Operating margin, 12 months
- 4.3%
- Net margin on a year earlier
- −8.3 pts
- Peer median
- 8.4%
Over the twelve months to Jun 30, 2026, Blackline kept 4.7% of its revenue as net profit, with an operating margin of 4.3% and a gross margin of 75.6%.
Five years earlier its net margin was −23.3%.
The median for 10 infrastructure software stocks of a similar size is 8.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 3.5% | 3.6% | 75.2% |
| FY2024 | 24.7% | 2.8% | 75.2% |
| FY2023 | 9.0% | 2.4% | 75.1% |
| FY2022 | −5.6% | −10.7% | 75.3% |
| FY2021 | −27.1% | −9.1% | 77.0% |
| FY2020 | −13.3% | −5.7% | 80.4% |
| FY2019 | −11.3% | −9.7% | 79.6% |
| FY2018 | −12.6% | −13.1% | 77.7% |
| FY2017 | −18.8% | −17.3% | 76.4% |
| FY2016 | −31.8% | −27.6% | 75.5% |
| FY2015 | −29.6% | n/a | 72.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.7% | −8.3 pts | 4.3% | |
| Q1 FY26 | 3.7% | −19.9 pts | 3.9% | |
| Q4 FY25 | 3.5% | −21.2 pts | 3.6% | |
| Q3 FY25 | 11.1% | −8.8 pts | 3.6% | |
| Q2 FY25 | 13.1% | −6.4 pts | 3.8% | |
| Q1 FY25 | 23.6% | +11.2 pts | 3.1% | |
| Q4 FY24 | 24.7% | +15.7 pts | 2.8% | |
| Q3 FY24 | 19.8% | +12.5 pts | 3.9% | |
| Q2 FY24 | 19.5% | +17.6 pts | 2.5% | |
| Q1 FY24 | 12.4% | +18.2 pts | 5.2% | |
| Q4 FY23 | 9.0% | +14.6 pts | 2.4% | |
| Q3 FY23 | 7.3% | +22.9 pts | 0.8% |
Against its peers
Companies in Software - Infrastructure nearest Blackline's size, closest first, today.
| Company | Profit margin |
|---|---|
| BLBlackline | 4.7% |
| MQMarqeta | 1.5% |
| NCNOnCino | 5.4% |
| PDFSPDF Solutions | 4.3% |
| EVCMEverCommerce | 5.7% |
| BLKBBlackbaud | 13.1% |
| CXMSprinklr | 2.7% |
| XZOExzeo | 39.1% |
| NTCTNetscout Systems | 13.7% |
| ALRMAlarm.com | 11.1% |
| RDVTRed Violet | 16.5% |
| Peer median | 8.4% |
Where Blackline ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Blackline
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.