Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 254

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 254
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 44,990 42,602 Transaction-related costs (credits)128 (6)3,138 210 Restructuring and legal settlement costs1,295 928 6,594 1,372 Total non-GAAP operating income$38,007 $31,731 $72,960 $58,531 GAAP operating margin4.4%1.4%3.3%1.2%Non-GAAP operating margin22.1%19.8%21.5%18.4%Non-GAAP Net Income Attributable to BlackLine, Inc.:Net income attributable to BlackLine, Inc.$8,292 $76,690 $14,347 $87,519 Provision for (benefit from) income taxes(12)2,902 (666)2,319 Amortization of intangible assets3,468 5,195 7,118 10,391 Stock-based compensation25,447 23,292 44,755 42,377 Amortization of debt issuance costs845 1,294 1,679 2,679 Transaction-related costs (credits)128 (6)3,138 210 Restructuring and legal settlement costs1,295 928 6,594 1,372 Adjustment to redeemable non-controlling interest(1,561)(2,255)(2,739)1,248 Gain on extinguishment of convertible senior notes— (65,112)— (65,112)Total non-GAAP net income attributable to BlackLine, Inc.$37,902 $42,928 $74,226 $83,003 

26

Results of Operations

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

Quarter Ended June 30,Six Months Ended June 30,2025202420252024(in thousands)RevenuesSubscription and support$163,027 $151,787 $321,489 $301,288 Professional services8,998 8,719 17,467 16,679 Total revenues172,025 160,506 338,956 317,967 Cost of revenuesSubscription and support35,189 33,756 69,319 65,808 Professional services7,433 6,592 14,227 13,637 Total cost of revenues42