BLBLACKLINE, INC.
Services-Prepackaged Software
- Revenue
- $700M
- 7.2% YoY
- Operating margin
- 3.6%
- 29% YoY
- EBITDA
- $72M
- 4.7% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear692% of net incomeCash flow under 80% of net income
- Dilutive SBCFired13% of revenueOver 10% of revenue
- Payouts exceed cash flowFired139% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear32% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $426M | $523M | $590M | $653M | $700M | 7.2% |
| Operating income | −$39M | −$56M | $14M | $19M | $26M | 38% |
| Net income | −$115M | −$29M | $53M | $161M | $25M | 85% |
| Operating cash flow | $80M | $56M | $127M | $191M | $170M | 11% |
| Capex | $9M | $11M | $6M | $2M | $8M | 280% |
| Stock-based comp | $66M | $76M | $78M | $83M | $93M | 11% |
| Buybacks | — | — | — | $0 | $236M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.