Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 1

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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254 36,483 Stockholders' equity:Common stock, $0.01 par value, 500,000,000 shares authorized, 59,941,825 and 62,813,352 issued and outstanding at September 30, 2025 and December 31, 2024, respectively599 628 Additional paid-in capital358,220 495,391 Accumulated other comprehensive loss(100)(361)Accumulated deficit(30,419)(48,989)Total stockholders' equity328,300 446,669 Total liabilities, redeemable non-controlling interest, and stockholders' equity$1,703,826 $1,825,036 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

4

BLACKLINE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

(in thousands, except per share data) 

Quarter Ended September 30,Nine Months Ended September 30,2025202420252024RevenuesSubscription 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 expense(2,545)(2,677)(7,600)(6,235)