Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 260

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 260
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-GAAP gross margin79.4%79.4%79.6%79.2%Non-GAAP Operating Income:Operating income$7,609 $8,363 $18,729 $12,319 Amortization of intangible assets3,505 5,190 10,623 15,581 Stock-based compensation24,353 23,357 69,343 65,959 Transaction-related costs— 358 3,138 568 Restructuring and legal settlement costs2,668 356 9,262 1,728 Total non-GAAP operating income$38,135 $37,624 $111,095 $96,155 GAAP operating margin4.3%5.0%3.6%2.5%Non-GAAP operating margin21.4%22.7%21.5%19.9%Non-GAAP Net Income Attributable to BlackLine, Inc.:Net income attributable to BlackLine, Inc.$5,285 $17,238 $19,632 $104,757 Provision for (benefit from) income 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,