Company: BL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001666134-25-000016
Chunk: 1

Company: BLACKLINE, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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Note 4)35,818 36,483 Stockholders' equity:Common stock, $0.01 par value, 500,000,000 shares authorized, 62,261,033 and 62,813,352 issued and outstanding at March 31, 2025 and December 31, 2024, respectively623 628 Additional paid-in capital461,570 495,391 Accumulated other comprehensive loss(178)(361)Accumulated deficit(44,112)(48,989)Total stockholders' equity417,903 446,669 Total liabilities, redeemable non-controlling interest, and stockholders' equity$1,781,148 $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 March 31,20252024RevenuesSubscription and support$158,462 $149,501 Professional services8,469 7,960 Total revenues166,931 157,461 Cost of revenuesSubscription and support34,130 32,052 Professional services6,794 7,045 Total cost of revenues40,924 39,097 Gross profit126,007 118,364 Operating expensesSales and marketing63,063 61,111 Research and development25,725 25,015 General and administrative28,345 30,046 Restructuring costs5,299 444 Total operating expenses122,432 116,616 Income from operations3,575 1,748 Other income (expense)Interest income8,892 15,360 Interest expense(2,522)(1,469)Other income, net6,370 13,891 Income before income taxes9,945 15,639 Provision for income taxes4,671 869 Net income5,274 14,770 Net income attributable to redeemable non-controlling interest397 438 Adjustment attributable to redeemable non-controlling interest (1,178)3,503 Net income attributable to BlackLine, Inc.$6,055 $10,829 Basic net income per share attributable to BlackLine, Inc.$0.10 $0.18 Shares used to calculate basic net income per share