BlackLine Q4 Revenue $183.2M, EPS $0.63 Beat, Cash Flow Margin Drops to 10.9%

BLBL

BlackLine's Q4 2025 report showed revenue of $183.2 million and adjusted EPS of $0.63 beat estimates, but customer count fell by 30 to 4,394 and free cash flow margin dropped to 10.9%. Revenue guidance for Q1 2026 missed expectations while full-year profit forecast topped consensus, prompting a 5% share decline.

1. Q4 Financial Results

BlackLine reported Q4 2025 revenue of $183.2 million, in line with forecasts, and adjusted EPS of $0.63, surpassing consensus estimates.

2. Customer Count and Cash Flow

Total customers declined by 30 sequentially to 4,394 while free cash flow margin contracted to 10.9% from the prior year period, underscoring operational challenges.

3. Outlook and Market Reaction

Revenue guidance for Q1 2026 fell short of expectations even as full-year profit forecast exceeded projections, driving a 5% share decline as investors assessed the mixed performance.

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