BlackLine (NASDAQ:BL) Posts Q3 Sales In Line With Estimates But Customer Growth Slows Down

3 weeks ago 12

Anthony Lee

Thu, November 6, 2025 astatine 3:59 PM CST 5 min read

Financial automation bundle institution BlackLine (NASDAQ:BL) met Wall Streets gross expectations successful Q3 CY2025, with income up 7.5% twelvemonth connected twelvemonth to $178.3 million. The institution expects adjacent quarter’s gross to beryllium astir $183 million, adjacent to analysts’ estimates. Its non-GAAP nett of $0.51 per stock was successful enactment with analysts’ statement estimates.

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Revenue: $178.3 cardinal vs expert estimates of $178.1 cardinal (7.5% year-on-year growth, successful line)
Adjusted EPS: $0.51 vs expert estimates of $0.51 (in line)
Adjusted Operating Income: $38.14 cardinal vs expert estimates of $36.75 cardinal (21.4% margin, 3.8% beat)
Revenue Guidance for Q4 CY2025 is $183 cardinal astatine the midpoint, astir successful enactment with what analysts were expecting
Management lowered its full-year Adjusted EPS guidance to $2.11 astatine the midpoint, a 3.7% decrease
Operating Margin: 4.3%, successful enactment with the aforesaid 4th past year
Free Cash Flow Margin: 35.8%, up from 14.8% successful the erstwhile quarter
Customers: 4,424, down from 4,451 successful the erstwhile quarter
Net Revenue Retention Rate: 103%, down from 105% successful the erstwhile quarter
Billings: $161.7 cardinal astatine 4th end, up 4.4% twelvemonth connected year
Market Capitalization: $3.52 billion

“BlackLine’s third-quarter results, with expanding gross growth, coagulated margins, and beardown escaped currency flow, show that our absorption connected improved execution is taking hold,” said Owen Ryan, CEO of BlackLine.

Born from the imaginativeness to destruct tedious manual spreadsheet enactment for accountants, BlackLine (NASDAQ:BL) provides cloud-based bundle that automates and streamlines fiscal close, intercompany accounting, and invoice-to-cash processes for accounting departments.

A company’s semipermanent income show tin bespeak its wide quality. Any concern tin acquisition short-term success, but top-performing ones bask sustained maturation for years. Over the past 5 years, BlackLine grew its income astatine a 15.3% compounded yearly maturation rate. Although this maturation is acceptable connected an implicit basis, it fell somewhat abbreviated of our standards for the bundle sector, which enjoys a fig of secular tailwinds.

We astatine StockStory spot the astir accent connected semipermanent growth, but wrong software, a half-decade humanities presumption whitethorn miss caller innovations oregon disruptive manufacture trends. BlackLine’s caller show shows its request has slowed arsenic its annualized gross maturation of 9.4% implicit the past 2 years was beneath its five-year trend.