Filing Flows › Blackline (BL) › How it makes money
How Blackline (BL) makes money
Blackline (BL) made $193M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Subscription and support brought in $183M (95%); Professional services brought in $10.3M (5%). Of every dollar of revenue, 76¢ was left as gross profit, 9¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Subscription and support | $183M | 94.7% | +3% | +9% |
| Professional services | $10.3M | 5.3% | +3% | +2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $193M | 100.0% |
| Cost of revenue | $46.9M | 24.3% |
| Gross profit | $146M | 75.7% |
| Operating expenses | $130M | 67.1% |
| Operating profit | $16.7M | 8.6% |
| Income tax | $7.3M | 3.8% |
| Net earnings | $10.6M | 5.5% |
| Operating cash flow | $67.1M | 34.7% |
| Free cash flow | $57.5M | 29.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $193M | +8% |
| Q2 2026 | $188M | +9% |
| Q1 2026 | $183M | +10% |
| Q4 2025 | $183M | +8% |
| Q3 2025 | $178M | +8% |
| Q2 2025 | $172M | +7% |
| Q1 2025 | $167M | +6% |
From Blackline's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Blackline make money?
Blackline (BL) made $193M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Subscription and support brought in $183M (95%); Professional services brought in $10.3M (5%). Of every dollar of revenue, 76¢ was left as gross profit, 9¢ was left as operating profit, 5¢ was left as net earnings.
What is Blackline's biggest business?
Subscription and support: $183M in the third quarter 2026, 95% of revenue, +9% from a year earlier.
What is Blackline's profit margin?
Net earnings were $10.6M, 5.5% of revenue, in the third quarter 2026; the operating margin was 8.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.