Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 182

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 182
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 the total number of users continues to be an indicator of the status of our business. We anticipate that in the future, we will see a higher volume of customers on our updated pricing models that are based on other factors including product mix, customer size, and volumetrics, such as transactions or entities.

Non-GAAP Financial Measures

In addition to our results determined in accordance with GAAP, we believe the non-GAAP measures below are useful to us and our investors in evaluating our business. These non-GAAP financial measures are useful because they provide consistency and comparability with our past performance, facilitate period-to-period comparisons of operations and facilitate comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results.

Quarter Ended September 30,Nine Months Ended September 30,2025202420252024(in thousands, except percentages)GAAP gross profit$133,901 $124,803 $389,311 $363,325 GAAP gross margin75.1%75.2%75.3%75.1%GAAP operating income$7,609 $8,363 $18,729 $12,319 GAAP operating margin4.3%5.0%3.6%2.5%GAAP net income attributable to BlackLine, Inc.$5,285 $17,238 $19,632 $104,757 Diluted net income per share attributable to BlackLine, Inc.$0.09 $0.27 $0.31 $0.66 

Quarter Ended September 30,Nine Months Ended September 30,2025202420252024(in thousands, except percentages)Non-GAAP gross profit$141,526 $131,736 $411,505 $383,364 Non-GAAP gross margin79.4%79.4%79.6%79.2%Non-GAAP operating income$38,135 $37,624 $111,095 $96,155 Non-GAAP operating margin21.4%22.7%21.5%19.9%Non-GAAP net income attributable to BlackLine, Inc.$37,590 $44,428 $111,816 $127,431 Diluted non-GAAP net income per share attributable to BlackLine, Inc.$0.51 $0.60 $1.51 $1.71