| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 178.29 | 3.6% | 7.5% |
| Total Income | 178.29 | 3.6% | 7.5% |
| Expenditure | 126.29 | 3.6% | 8.5% |
| PBT | 13.26 | 2.3% | 20.5% |
| Net Profit | 5.29 | 36.2% | 69.3% |
| OPM | 4.27% | 0.12pp | 0.77pp |
| NPM | 2.96% | 1.86pp | 7.43pp |
| EPS | 0.09 | 30.8% | 67.9% |
BlackLine Announces Q3 2025 Revenue of $178.3 Million, Up 7.5% YoY
04 May 2026 · 4 May, 7:44 am
Summary
BlackLine, Inc. announced financial results for the third quarter ended September 30, 2025. Total GAAP revenues were $178.3 million, representing a 7.5% increase compared to the third quarter of 2024. GAAP net income attributable to BlackLine was $5.3 million, or $0.09 per diluted share. The company's remaining performance obligation increased by 12.4% to $964.1 million. BlackLine expects total GAAP revenue to be in the range of $699 million to $701 million for the full year 2025.
Key Highlights
- 1
Total GAAP revenues were $178.3 million, an increase of 7.5% compared to the third quarter of 2024.
- 2
GAAP operating margin was 4.3%, compared to 5.0% in the third quarter of 2024.
- 3
Non-GAAP operating margin was 21.4%, compared to 22.7% in the third quarter of 2024.
- 4
GAAP net income attributable to BlackLine was $5.3 million, or $0.09 per diluted share.
- 5
Non-GAAP net income attributable to BlackLine was $37.6 million, or $0.51 per diluted share.
- 6
Remaining performance obligation was $964.1 million, an increase of 12.4% compared to the third quarter of 2024.
- 7
Free cash flow was $57.0 million, compared to $49.4 million in the third quarter of 2024.
Management Comments
Owen Ryan
BlackLine’s third-quarter results, with increasing revenue growth, solid margins, and strong free cash flow, demonstrate that our focus on improved execution is taking hold. The deliberate changes we've made with our processes, technology, and people across our Product, Go-To-Market, and Operations teams are beginning to deliver the results we expect. As we combine this improving execution with our powerful growth levers, including our Studio360 platform, new pricing, and AI-powered solutions, we are increasingly confident in the trajectory of the business.
Informational and educational content only. Not investment advice.