Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 31

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 31
---
 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)(3,558)Gain on extinguishment of convertible senior notes— 65,112 — 65,112 Other income, net6,022 77,088 12,392 90,979 Income before income taxes13,567 79,296 23,512 94,935 Provision for income taxes6,176 4,337 10,847 5,206 Net income7,391 74,959 12,665 89,729 Net income attributable to redeemable non-controlling interest660 524 1,057 962 Adjustment attributable to redeemable non-controlling interest (1,561)(2,255)(2,739)1,248 Net income attributable to BlackLine, Inc.$8,292 $76,690 $14,347 $87,519 

Comparison of Quarters and Six Months Ended June 30, 2025 and 2024

Revenues

Quarter Ended June 30,ChangeSix Months Ended June 30,Change20252024$%20252024$%(in thousands, except percentages)Subscription and support$163,027 $151,787 $11,