Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 32

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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,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)Gain on extinguishment of convertible senior notes— — — 65,112 Other income, net5,655 8,307 18,047 99,286 Income before income taxes13,264 16,670 36,776 111,605 Provision for income taxes4,653 2,101 15,500 7,307 Net income8,611 14,569 21,276 104,298 Net income attributable to redeemable non-controlling interest1,649 320 2,706 1,282 Adjustment attributable to redeemable non-controlling interest 1,677 (2,989)(1,062)(1,741)Net income attributable to BlackLine, Inc.$5,285 $17,238 $19,632 $104,757 

Comparison of Quarters and Nine Months Ended September 30, 2025 and 2024

Revenues

Quarter Ended September 30,ChangeNine Months Ended September 30,Change20252024$%20252024$%(in thousands, except percentages)Subscription and support$168,210 $157,011 $11,199 7%$489,699 $458,299 $31,400 7%Professional services10,080 8,898 1,182 13%27,547 25,577 1,970 8%Total revenues$178,290 $165,909 $12,381 7%$517,246 $483,876 $