BlackLine (BL) Revenue & Revenue Breakdown


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BlackLine Revenue Highlights


Latest Revenue (Y)

$590.00M

Latest Revenue (Q)

$160.51M

Main Segment (Y)

Subscription and Circulation

Main Geography (Y)

UNITED STATES

BlackLine Revenue by Period


BlackLine Revenue by Year

DateRevenueChange
2023-12-31$590.00M12.82%
2022-12-31$522.94M22.84%
2021-12-31$425.71M21.03%
2020-12-31$351.74M21.72%
2019-12-31$288.98M26.86%
2018-12-31$227.79M28.67%
2017-12-31$177.03M43.78%
2016-12-31$123.12M47.26%
2015-12-31$83.61M61.79%
2014-12-31$51.68M-

BlackLine generated $590.00M in revenue during NA 2023, up 12.82% compared to the previous quarter, and up 259.01% compared to the same period a year ago.

BlackLine Revenue by Quarter

DateRevenueChange
2024-06-30$160.51M1.93%
2024-03-31$157.46M1.11%
2023-12-31$155.73M3.33%
2023-09-30$150.71M4.24%
2023-06-30$144.57M4.02%
2023-03-31$138.98M-0.70%
2022-12-31$139.96M4.24%
2022-09-30$134.27M4.51%
2022-06-30$128.48M6.85%
2022-03-31$120.24M4.26%
2021-12-31$115.33M5.41%
2021-09-30$109.40M7.13%
2021-06-30$102.12M3.30%
2021-03-31$98.86M3.29%
2020-12-31$95.71M5.72%
2020-09-30$90.53M8.71%
2020-06-30$83.27M0.82%
2020-03-31$82.60M2.92%
2019-12-31$80.26M7.12%
2019-09-30$74.92M7.55%
2019-06-30$69.66M8.63%
2019-03-31$64.13M2.91%
2018-12-31$62.32M6.10%
2018-09-30$58.73M5.91%
2018-06-30$55.45M8.13%
2018-03-31$51.28M2.09%
2017-12-31$50.23M9.51%
2017-09-30$45.87M8.46%
2017-06-30$42.29M9.47%
2017-03-31$38.63M9.32%
2016-12-31$35.34M9.77%
2016-09-30$32.20M10.92%
2016-06-30$29.03M9.28%
2016-03-31$26.56M8.53%
2015-12-31$24.47M12.99%
2015-09-30$21.66M-

BlackLine generated $160.51M in revenue during Q2 2024, up 1.93% compared to the previous quarter, and up 115.49% compared to the same period a year ago.

BlackLine Revenue Breakdown


BlackLine Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Technology Service$34.48M$31.75M$27.07M$23.18M$16.53M
Subscription and Circulation$555.52M$491.19M$398.63M$328.56M-
Subscription And Circulation----$272.45M

BlackLine's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription and Circulation (94.16%), and Technology Service (5.84%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Technology Service$7.96M$8.57M$8.65M$8.69M$8.56M$9.06M$8.19M$7.79M$6.71M$6.44M$6.48M$6.95M$7.20M$5.93M$6.28M$5.41M$5.56M$5.46M$4.61M$3.60M
Subscription and Circulation$149.50M$147.16M$142.05M$135.88M$130.43M$130.90M$126.08M$120.68M$113.53M$108.88M$102.92M$95.17M$91.66M$89.78M$83.88M-----
Subscription And Circulation---------------$77.87M$77.03M$74.80M$70.31M$66.07M

BlackLine's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription and Circulation (94.94%), and Technology Service (5.06%).

BlackLine Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$422.19M$373.42M$304.60M$264.02M$223.38M
Non-US$167.80M$149.51M$121.10M$87.72M-
Non Us----$65.60M

BlackLine's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (71.56%), and Non-US (28.44%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Non-US$46.05M$46.36M$41.95M$40.52M$38.97M$40.47M$37.50M$36.99M$34.55M$34.57M$31.07M$28.65M$26.82M$24.48M$22.10M-----
UNITED STATES$111.41M$109.37M$108.76M$104.05M$100.01M$99.49M$96.77M$91.48M$85.68M$80.75M$78.33M$73.47M$72.04M$71.23M$68.06M$62.13M$62.59M$60.89M$58.59M$53.73M
Non Us---------------$21.14M$20.00M$19.37M$16.34M$15.93M

BlackLine's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (70.75%), and Non-US (29.25%).

BlackLine Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GBTGGlobal Business Travel Group$2.29B$625.00M
ANSSANSYS$2.27B$594.14M
PEGAPegasystems$1.43B$351.15M
AZPNAspen$1.13B$278.11M
PCORProcore$950.01M$284.35M
MANHManhattan Associates$928.73M$265.32M
PWSCPowerSchool$697.65M$191.59M
PYCRPaycor HCM$654.95M$187.02M
WKWorkiva$630.04M$177.50M
QTWOQ2$624.62M$172.89M
APPFAppFolio$620.45M$197.38M
BLBlackLine$590.00M$160.51M
DVDoubleVerify$572.54M$155.89M
JAMFJamf$560.57M$152.12M
ADEAAdeia$388.79M$87.35M
FROGJFrog$349.89M$103.04M
PROPROS$303.71M$82.01M
ALKTAlkami$264.83M$82.16M
AGYSAgilysys$237.46M$63.51M
AMSWAAmerican Software$102.52M$26.19M

BL Revenue FAQ


BlackLine's yearly revenue for 2023 was $590M, representing an increase of 12.82% compared to 2022. The company's yearly revenue for 2022 was $522.94M, representing an increase of 22.84% compared to 2021. BL's yearly revenue for 2021 was $425.71M, representing an increase of 21.03% compared to 2020.

BlackLine's quarterly revenue for Q2 2024 was $160.51M, a 1.93% increase from the previous quarter (Q1 2024), and a 11.02% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $157.46M, a 1.11% increase from the previous quarter (Q4 2023), and a 13.29% increase year-over-year (Q1 2023). BL's quarterly revenue for Q4 2023 was $155.73M, a 3.33% increase from the previous quarter (Q3 2023), and a 11.27% increase year-over-year (Q4 2022).

BlackLine's revenue growth rate for the last 3 years (2021-2023) was 38.59%, and for the last 5 years (2019-2023) was 104.17%.

BlackLine's revenue streams in c 23 are Technology Service, and Subscription and Circulation. Technology Service generated $34.48M in revenue, accounting 5.84% of the company's total revenue, up 8.60% year-over-year. Subscription and Circulation generated $555.52M in revenue, accounting 94.16% of the company's total revenue, up 13.10% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of BlackLine was Subscription and Circulation. This segment made a revenue of $555.52M, representing 94.16% of the company's total revenue.