BL
BlackLine, Inc.57.53
+0.40+0.7%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Platform ramps; retention normalizes
Q&A added color on platform pricing ramp, targeting 25-35% customer adoption by year-end 2026 versus 11% now, with over 75% of new bookings already on it. Enterprise retention hit 97% excluding M&A churn, signaling mid-90s overall in 2026 as mid-market headwinds fade. WiseLayer's $25M acquisition accelerates AI in journals with de minimis guide impact; AI value flows mainly from platform uplifts, not 2026 consumption. Management reaffirmed 20% bookings growth target. No walk-backs, just execution confidence. Retention arc bends up. Watch AI agent traction.
Key Stats
Market Cap
3.56BP/E (TTM)
52.30Basic EPS (TTM)
1.10Dividend Yield
0%Recent Filings
8-K
Board adds M&A, AI experts
BlackLine struck a cooperation deal with Engaged Capital on March 9, 2026, expanding its board to 14 and appointing Megan Prichard (Class II, to 2027) and Storm Duncan (Class III, to 2028), effective March 11. Duncan joins the Strategic Committee—tasked with stockholder engagement and potential transactions—alongside Davidson, Henshall, and Hughes; Prichard hits Compensation and Tech/Cyber. Engaged Capital, holding 1.3M shares, agrees to standstill and board support through the restricted period. Activist pressure yields M&A firepower.
10-K
FY2025 results
BlackLine posted FY2025 revenue of $700M, up 7% y/y, with subscription revenue hitting $663M as customer expansion offset a dip to 4,394 customers from 4,443. Q4 momentum shone through dollar-based net retention climbing to 105% from 102%, fueled by the new platform pricing model now at 11% of eligible ARR—yet growth slowed amid macro headwinds and restructuring. Operating income edged to $26M while non-GAAP hit $156M; free cash flow not disclosed in the 10-K. Buybacks devoured $236M, leaving $164M capacity, with $905M debt maturing soon. WL acquisition closed December 15 for $24M, bolstering AI. Cybersecurity breaches threaten quarterly momentum.
8-K
Q4 revenue up 8.1%, AI acquisition
BlackLine reported Q4 2025 revenues of $183.2 million, up 8.1% year-over-year, with non-GAAP operating margin expanding to 24.7% from 18.1%. Record bookings drove RPO to $1.1 billion, up 23.5%, while acquiring WiseLayer bolsters AI capabilities. Full-year 2026 revenue guidance: $764-768 million. Momentum builds, yet cash flow dipped.
8-K
Engaged nominates three directors
BlackLine confirmed Engaged Capital nominated three directors for its 2026 Annual Meeting, with no action required from stockholders yet. The board's Nominating Committee will review them amid prior engagements and a standing Strategic Committee advised by Morgan Stanley. Tom Unterman steps down, shrinking the board from 12 to 11. Proxy fight brews.
8-K
Director Unterman retires
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