BlackLine Inc. (BL) Financial Statements (2025 and earlier)

Company Profile

Business Address 21300 VICTORY BOULEVARD
WOODLAND HILLS, CA 91367
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,204,4721,075,0511,198,703542,619607,747132,577
Cash and cash equivalents271,117200,968539,739367,413120,23246,181
Short-term investments933,355874,083658,964175,206487,51586,396
Restricted cash and investments    227  
Receivables171,608150,858125,130111,270103,66280,121
Prepaid expense     11,9978,823
Other undisclosed current assets31,24423,65823,85519,999  
Total current assets:1,407,3241,249,5671,347,688674,115723,406221,521
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   1,185  
Operating lease, right-of-use asset19,17314,70816,2648,70812,549
Property, plant and equipment   13,23913,02413,536
Intangible assets, net (including goodwill)528,021534,725325,905336,384202,658212,923
Goodwill448,965443,861289,710289,710185,138185,138
Intangible assets, net (excluding goodwill)79,05690,86436,19546,67417,52027,785
Restricted cash and investments246239    
Deferred costs 37,82832,07023,54715,69010,0329,023
Other noncurrent assets93,55292,77587,85365,36952,88336,865
Other undisclosed noncurrent assets14,62119,57215,136   
Total noncurrent assets:693,441694,089469,890439,390291,146272,347
TOTAL ASSETS:2,100,7651,943,6561,817,5781,113,5051,014,552493,868
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities66,74471,82758,40139,10837,49927,672
Taxes payable9,7705,4964,1984,547
Employee-related liabilities32,15621,70720,77517,054
Accounts payable8,62314,9647,4713,1507,4013,442
Accrued liabilities58,12156,8639,0048,7555,1252,629
Deferred revenue320,133279,325242,429191,137162,552
Debt250,011989373 4,938 
Restructuring reserve1,5691,737    
Business combination, contingent consideration, liability  8,00016,4387,9382,0082,008
Contract with customer, liability129,074
Other undisclosed current liabilities4,1085,9434,9364,147 475
Total current liabilities:642,565367,821322,577242,330206,997159,229
Noncurrent Liabilities
Long-term debt and lease obligation1,140,6121,385,0911,128,311414,388394,949 
Long-term debt, excluding current maturities1,140,6081,384,3061,114,239407,032384,343 
Finance lease, liability4785824  
Liabilities, other than long-term debt26,64454,98112,95522,1934,5178,683
Deferred revenue90434336275163
Contract with customer, liability277
Deferred tax liabilities, net1,116
Deferred income tax liabilities6,3945,5688,1756,566 
Other liabilities3,6086,229124  2,982
Operating lease, liability15,7389,29213,2487,35610,606
Business combination, contingent consideration, liability  33,5494,29415,5524,3544,308
Other undisclosed noncurrent liabilities     4,571 
Total noncurrent liabilities:1,167,2561,440,0721,141,266436,581404,0378,683
Total liabilities:1,809,8211,807,8931,463,843678,911611,034167,912
Temporary equity, carrying amount30,06323,89528,69912,5244,9054,387
Equity
Equity, attributable to parent260,881111,868325,036422,070398,613321,569
Common stock615600590577559547
Additional paid in capital474,863385,709625,883622,768561,275451,571
Accumulated other comprehensive income (loss)205(1,472)29837637745
Accumulated deficit(214,802)(272,969)(301,735)(201,651)(163,598)(130,594)
Total equity:260,881111,868325,036422,070398,613321,569
TOTAL LIABILITIES AND EQUITY:2,100,7651,943,6561,817,5781,113,5051,014,552493,868

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues589,996522,938425,706351,737288,976227,788
Cost of revenue
(Cost of Goods and Services Sold)
(146,793)(129,385)(97,871)(68,972)(58,975)(50,874)
Gross profit:443,203393,553327,835282,765230,001176,914
Operating expenses(428,855)(449,751)(366,449)(302,656)(257,900)(206,750)
Other undisclosed operating loss      
Operating income (loss):14,348(56,198)(38,614)(19,891)(27,899)(29,836)
Nonoperating income (expense)46,1618,787(62,245)(18,809)(2,522)2,132
Other nonoperating income (expense) 46,1618,787(62,245)(18,809)(2,522)2,132
Interest and debt expense(5,898)(5,850)(7,012)(23,311)(8,650)(4)
Income (loss) from continuing operations before equity method investments, income taxes:54,611(53,261)(107,871)(62,011)(39,071)(27,708)
Other undisclosed income (loss) from continuing operations before income taxes5,8985,8507,01223,3118,6504
Income (loss) from continuing operations before income taxes:60,509(47,411)(100,859)(38,700)(30,421)(27,704)
Income tax expense (benefit)(1,450)13,520(135)(702)(1,725)(162)
Income (loss) from continuing operations:59,059(33,891)(100,994)(39,402)(32,146)(27,866)
Loss before gain (loss) on sale of properties:(100,994)(39,402)(32,146)(27,866)
Net income (loss):59,059(33,891)(100,994)(39,402)(32,146)(27,866)
Other undisclosed net income (loss) attributable to parent(6,226)4,500(14,167)(7,509)(389)62
Net income (loss) available to common stockholders, basic:52,833(29,391)(115,161)(46,911)(32,535)(27,804)
Interest on convertible debt5,848     
Net income (loss) available to common stockholders, diluted:58,681(29,391)(115,161)(46,911)(32,535)(27,804)

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):59,059(33,891)(100,994)(39,402)(32,146)(27,866)
Net loss attributable to redeemable noncontrolling interest
Other comprehensive income (loss)1,619(2,074)(224)109461240
Comprehensive income (loss):60,678(35,965)(101,218)(39,293)(31,685)(27,626)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(834)6731,0561,2391,315(70)
Comprehensive income (loss), net of tax, attributable to parent:59,844(35,292)(100,162)(38,054)(30,370)(27,696)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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