Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 185

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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 taxes(632)84 (1,298)2,403 Amortization of intangible assets3,505 5,190 10,623 15,581 Stock-based compensation24,231 23,233 68,986 65,610 Amortization of debt issuance costs856 958 2,535 3,637 Transaction-related costs— 358 3,138 568 Restructuring and legal settlement costs2,668 356 9,262 1,728 Adjustment to redeemable non-controlling interest1,677 (2,989)(1,062)(1,741)Gain on extinguishment of convertible senior notes— — — (65,112)Total non-GAAP net income attributable to BlackLine, Inc.$37,590 $44,428 $111,816 $127,431 

27

Results of Operations

The following table sets forth our statements of operations information for each of the periods indicated:

Quarter Ended September 30,Nine Months Ended September 30,2025202420252024(in thousands)RevenuesSubscription and support$168,210 $157,011 $489,699 $458,299 Professional services10,080 8,898 27,547 25,577 Total revenues178,290 165,909 517,246 483,876 Cost of revenuesSubscription and support37,130 34,667 106,449 100,475 Professional services7,259 6,439 21,486 20,076 Total cost of revenues44,389 41,106 127,935 120,551 Gross profit133,901 124,803 389,311 363,325 Operating expensesSales and marketing67,493 62,219 195,268 183,578 Research and development27,331 25,649 81,020 76,385 General and administrative29,201 28,216 85,684 89,315 Restructuring costs2,267 356 8,610 1,728 Total operating expenses126,292 116,440 370,582 351,006 Income from operations7,609 8,363 18,729 12,319 Other income (expense)Interest income8,200 10,984 25,647 40,409 Interest