Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 258

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 258
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Line, 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 

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Non-GAAP Gross Profit and Non-GAAP Gross Margin. Non-GAAP gross profit is defined as GAAP revenues less GAAP cost of revenue adjusted for amortization of acquired developed technology, stock-based compensation, and transaction-related costs (including, but not limited to, accounting, legal, and advisory fees related to the transaction, as well as transaction-related retention bonuses). Non-GAAP gross margin is defined as non-GAAP gross profit divided by GAAP revenues. We believe that presenting non-GAAP gross profit and non-GAAP gross margin is useful to investors as it eliminates the impact of certain non-cash expenses and allows a direct comparison between periods.

Non-GAAP Income from Operations and Non-GAAP Operating Margin. Non-GAAP income from operations is defined as GAAP income from operations adjusted for amortization of intangible assets, stock-based compensation, change in fair value of contingent consideration, transaction-related costs, restructuring costs, and legal settlement gains or costs. Non-GAAP operating margin is defined as non-GAAP income from operations divided by GAAP revenues. We believe that presenting non-GAAP income from operations and non-GAAP operating margin is useful to investors as it eliminates the impact of items that have been impacted by our acquisitions and other related costs in order to allow a direct comparison of income from operations between all periods presented.