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Blackline Company profile

About Blackline Inc

Blackline, Inc. is a holding company that conducts business through its subsidiary, BlackLine Systems, Inc. The Company provides financial accounting close solutions delivered primarily as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their financial close process including variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. Its cloud-based products include Account Reconciliations, Cash Application, Compliance, Consolidation Integrity Manager, Intercompany Hub, Journal Entry, Task Management, Transaction Matching, and Variance Analysis. These products are offered to customers as scalable solutions that support critical accounting processes, such as the financial close, account reconciliations, cash application, intercompany accounting, and compliance. Its solutions integrate with various enterprise resource planning (ERP) systems.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Blackline Inc revenues increased 21% to $425.7M. Net loss increased from $46.9M to $115.2M. Revenues reflect United States segment increase of 15% to $304.6M, International segment increase of 38% to $121.1M. Higher net loss reflects Research and development - Balancing increase of 35% to $66.2M (expense), Sales and marketing - Balancing value increase of 11% to $165M (expense).

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2025-07-01
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2025-06-27
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2025-06-22
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2025-06-22
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2025-06-19
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2025-05-06
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