Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 180

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 180
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 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 revenues42,622 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