NASDAQ$BL

BlackLine Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

BlackLine reported strong revenue growth of 9% year-over-year in Q4 2024, reaching $169.5 million. However, GAAP operating margin declined to 3.7% from 8.2% in the prior year. While GAAP net income surged to $56.4 million due to favorable tax benefits, non-GAAP net income declined to $34.6 million from $51.5 million. Free cash flow remained stable at $36.5 million.

Headline financials

Total Revenue

$170M

Previous: $156M+8.8%
EPS (adj)

$0.47

Previous: $0.69-31.9%
Free Cash Flow

$36.5M

No prior period
Net Income

$56.4M

Previous: -$10.4M+642.5%
Operating Income

$6.22M

Previous: -$4.5M+238.2%
Gross Profit

$128M

Previous: $118M+8.4%

Revenue & EPS history

BlackLine · Revenue · Quarterly

$170M

Q4 2024+8.8%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

BlackLine expects Q1 2025 revenue between $166M and $168M, with a non-GAAP operating margin of 16.5% to 17.5%. For FY 2025, revenue is projected between $699M and $705M, with a non-GAAP operating margin of 21.0% to 22.0%.

Tailwinds

  • Revenue expected to grow sequentially and year-over-year.
  • Continued focus on expanding AI-powered solutions.
  • Strength in subscription and support revenue.
  • Sustained free cash flow generation.
  • Strong market position in financial automation.

Headwinds

  • Non-GAAP operating margin expected to remain below historical highs.
  • Ongoing restructuring and efficiency efforts may impact profitability.
  • Uncertain macroeconomic conditions could weigh on enterprise spending.
  • Professional services revenue remains flat year-over-year.
  • Competitive pressures in the financial automation space.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.4%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+1.7%

Avg return

30 days after

49%

20 / 41 earnings

Positive

+25.6%

Q2 2019

Best reaction

-18.4%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.7%-15.0%-11.4%
Q4 2025-5.5%-12.9%-16.8%
Q3 2025-5.7%-1.3%+2.1%
Q1 2025+8.5%+17.7%+22.9%
Q4 2024-18.1%-19.0%-21.3%
Q3 2024+3.0%+4.3%+9.6%
Q2 2024+12.8%+18.1%+10.5%
Q1 2024-2.0%-4.1%-22.4%
Q4 2023-3.7%-5.3%+9.3%
Q3 2023+14.8%+12.7%+24.8%
Q2 2023-10.0%-4.2%+3.9%
Q1 2023+4.0%+3.4%+6.8%
Q4 2022+1.3%-1.8%-9.4%
Q3 2022+12.3%+7.3%+30.7%
Q2 2022+0.5%-2.3%-1.9%
Q1 2022-10.2%-20.8%+11.7%
Q4 2021-16.7%-14.1%-26.9%
Q3 2021+1.8%+3.4%-18.6%
Q2 2021-0.5%-2.7%+2.3%
Q1 2021+0.0%-1.2%-5.5%
Q4 2020-9.8%-13.0%-23.7%
Q3 2020+6.0%+9.7%+30.6%
Q2 2020-14.6%-21.8%-12.2%
Q1 2020+0.3%+2.6%+24.9%
Q4 2019+4.9%+7.2%-16.3%
Q3 2019+5.3%+5.1%+9.9%
Q2 2019+25.6%+19.4%+14.2%
Q1 2019-3.6%-7.3%-0.4%
Q4 2018+6.3%+5.9%-1.9%
Q3 2018-8.3%-11.3%-7.6%
Q2 2018+8.8%+13.3%+21.9%
Q1 2018-2.8%-3.6%+1.5%
Q4 2017+16.5%+21.6%+20.6%
Q3 2017-2.7%-1.8%+2.5%
Q2 2016-2.1%-2.3%+6.9%
Q2 2017-18.4%-18.6%-17.7%
Q1 2016-1.4%-1.0%+4.2%
Q1 2017+2.6%-2.6%+9.0%
Q4 2016+3.2%-1.6%-0.5%
Q4 2015-2.8%-2.8%+3.6%
Q3 2016-5.3%-5.0%-2.4%
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014

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