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/BL
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BlackLine Inc

BlackLine Inc

BL
$28.35USD-1.39%-0.40 today

MARKET CAP

1.6B

P/E (TTM)

65.9x

FWD P/E

DAY RANGE

$28 – $29

52W RANGE

$25
$60

AI Summary

Stalk
Sell NowMedium

Stage 4 downtrend context and active Support Failure pattern reinforce a medium-term bearish bias. Short-term momentum remains bearish with price below declining EMAs and no bullish divergence in oversold oscillators. Immediate sell-side participation is favored, while only a sustained reclaim above the $30.40–$30.90 former support zone and mid-term EMAs on strong volume would negate this bearish posture.

  • Q2 revenue $187.8M (+9.2% YoY), non-GAAP operating margin 23.3%, and free cash flow $37M.
  • Remaining performance obligations rose 17% YoY to >$1.1B, signaling strong future revenue backlog.
  • Weak profitability factors highlight margin compression risks despite current earnings.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$425.7M$522.9M$590.0M$653.3M$700.4M
YoY %+21.0%+22.8%+12.8%+10.7%+7.2%
P / Sales14.2x7.7x7.2x6.8x5.2x
EV / Sales16.4x10.8x9.8x7.5x6.6x
Gross Profit, Adj.$327.8M$393.6M$443.2M$491.4M$527.0M
YoY %+15.9%+20.0%+12.6%+10.9%+7.3%
Margin %77.0%75.3%75.1%75.2%75.2%
EV / Gross Profit21.2x14.3x13.1x10.0x8.8x
EBITDA, Adj.$-11.5M$-9.5M$75.4M$70.6M$86.7M
YoY %-1247.5%+16.9%+890.4%-6.4%+22.8%
Margin %-2.7%-1.8%12.8%10.8%12.4%
EV / EBITDA-606.5x-591.8x76.7x69.7x53.5x
EBIT$-38.6M$-56.2M$14.3M$18.5M$25.6M
YoY %-94.1%-45.5%+125.5%+29.2%+37.9%
Margin %-9.1%-10.7%2.4%2.8%3.6%
EV / EBIT-180.4x-100.5x403.3x265.5x181.7x
Net Income$-115.2M$-29.4M$52.8M$161.2M$24.5M
YoY %-145.5%+74.5%+279.8%+205.1%-84.8%
Net Margin-27.1%-5.6%9.0%24.7%3.5%
EPS (GAAP)-$1.97-$0.49$0.81$1.45$0.39
YoY %-137.3%+75.1%+265.3%+79.0%-73.1%