Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 1

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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4)35,000 36,483 Stockholders' equity:Common stock, $0.01 par value, 500,000,000 shares authorized, 61,881,020 and 62,813,352 issued and outstanding at June 30, 2025 and December 31, 2024, respectively619 628 Additional paid-in capital450,975 495,391 Accumulated other comprehensive loss(166)(361)Accumulated deficit(37,381)(48,989)Total stockholders' equity414,047 446,669 Total liabilities, redeemable non-controlling interest, and stockholders' equity$1,792,689 $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 June 30,Six Months Ended June 30,2025202420252024RevenuesSubscription 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 revenues42,622 40,348 83,546 79,445 Gross profit129,403 120,158 255,410 238,522 Operating expensesSales and marketing64,712 60,248 127,775 121,359 Research and development27,964 25,721 53,689 50,736 General and administrative28,138 31,053 56,483 61,099 Restructuring costs1,044 928 6,343 1,372 Total operating expenses121,858 117,950 244,290 234,566 Income from operations7,545 2,208 11,120 3,956 Other income (expense)Interest income8,555 14,065 17,447 29,425 Interest expense(2,533)(2,089)(5,055)(