AI brief of an SEC Form 8-K · BlackLine Systems (BL)

BlackLine Q1 revenue rises 6% to $166.9 million; GAAP net income falls to $6.1 million

Mixed Impact 3 of 5 earnings Written later

BlackLine reported first quarter 2025 results for the period ended March 31, 2025, with GAAP revenue up 6% to $166.9 million. GAAP net income attributable to BlackLine fell to $6.1 million, or $0.10 per diluted share, from $10.8 million, or $0.17, a year earlier, and free cash flow fell to $32.6 million from $43.7 million. The company also gave second quarter and full year 2025 revenue ranges of $170 million to $172 million and $692 million to $705 million.

Key points

  • Q1 2025 GAAP revenue of $166.9 million, up 6% from $157.5 million in Q1 2024
  • GAAP net income attributable to BlackLine of $6.1 million ($0.10 per diluted share) vs. $10.8 million ($0.17) a year earlier; restructuring costs were $5.3 million vs. $0.4 million
  • Non-GAAP net income of $36.3 million ($0.49 per diluted share) vs. $40.1 million ($0.54); free cash flow of $32.6 million vs. $43.7 million
  • Full year 2025 GAAP revenue guidance of $692 million to $705 million; Q2 2025 GAAP revenue guidance of $170 million to $172 million

The filing

CompanyBlackLine Systems (BL)
Form8-K, current report
Filed with the SECMay 6, 2025, 4:06 PM ET
Accession number0001171843-25-002819

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.