BlackLine, Inc(NASDAQ:BL) 
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close management solutions that include account reconciliations providing a centralized workspace from which users can collaborate...
Website: http://www.blackline.com
Founded: 2001
Full Time Employees: 1,207
CEO: Therese Tucker
Sector: Technology
Industry: Software-Infrastructure
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
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revenues | |||||||||||||||||||||||||||||||||||||||
subscription and support | 173,714,000 | 173,229,000 | 168,210,000 | 163,027,000 | 158,462,000 | 160,988,000 | 157,011,000 | 151,787,000 | 149,501,000 | 147,155,000 | 142,054,000 | 135,881,000 | 130,426,000 | 130,898,000 | 126,081,000 | 120,683,000 | 113,525,000 | 108,884,000 | 102,924,000 | 95,170,000 | 91,655,000 | 89,782,000 | 83,875,000 | 77,867,000 | 77,035,000 | 74,796,000 | 70,311,000 | 66,066,000 | 61,274,000 | 59,564,000 | 56,170,000 | 53,047,000 | 48,625,000 | 47,785,000 | 43,462,000 | 40,244,000 | 37,051,000 | 33,694,000 | 30,853,000 |
professional services | 9,441,000 | 9,952,000 | 10,080,000 | 8,998,000 | 8,469,000 | 8,472,000 | 8,898,000 | 8,719,000 | 7,960,000 | 8,575,000 | 8,654,000 | 8,693,000 | 8,558,000 | 9,059,000 | 8,187,000 | 7,794,000 | 6,711,000 | 6,442,000 | 6,478,000 | 6,952,000 | 7,201,000 | 5,928,000 | 6,282,000 | 5,405,000 | 5,563,000 | 5,462,000 | 4,614,000 | 3,598,000 | 2,855,000 | 2,752,000 | 2,564,000 | 2,407,000 | 2,659,000 | 2,448,000 | 2,409,000 | 2,049,000 | 1,583,000 | 1,646,000 | 1,343,000 |
total revenues | 183,155,000 | 183,181,000 | 178,290,000 | 172,025,000 | 166,931,000 | 169,460,000 | 165,909,000 | 160,506,000 | 157,461,000 | 155,730,000 | 150,708,000 | 144,574,000 | 138,984,000 | 139,957,000 | 134,268,000 | 128,477,000 | 120,236,000 | 115,326,000 | 109,402,000 | 102,122,000 | 98,856,000 | 95,710,000 | 90,157,000 | 83,272,000 | 82,598,000 | 80,258,000 | 74,925,000 | 69,664,000 | 64,129,000 | 62,316,000 | 58,734,000 | 55,454,000 | 51,284,000 | 50,233,000 | 45,871,000 | 42,293,000 | 38,634,000 | 35,340,000 | 32,196,000 |
yoy | 9.72% | 8.10% | 7.46% | 7.18% | 6.01% | 8.82% | 10.09% | 11.02% | 13.29% | 11.27% | 12.24% | 12.53% | 15.59% | 21.36% | 22.73% | 25.81% | 21.63% | 20.50% | 21.35% | 22.64% | 19.68% | 19.25% | 20.33% | 19.53% | 28.80% | 28.79% | 27.57% | 25.62% | 25.05% | 24.05% | 28.04% | 31.12% | 32.74% | 42.14% | 42.47% | ||||
qoq | -0.01% | 2.74% | 3.64% | 3.05% | -1.49% | 2.14% | 3.37% | 1.93% | 1.11% | 3.33% | 4.24% | 4.02% | -0.70% | 4.24% | 4.51% | 6.85% | 4.26% | 5.41% | 7.13% | 3.30% | 3.29% | 6.16% | 8.27% | 0.82% | 2.92% | 7.12% | 7.55% | 8.63% | 2.91% | 6.10% | 5.91% | 8.13% | 2.09% | 9.51% | 8.46% | 9.47% | 9.32% | 9.77% | |
cost of revenues | |||||||||||||||||||||||||||||||||||||||
total cost of revenues | 44,005,000 | 45,450,000 | 44,389,000 | 42,622,000 | 40,924,000 | 41,414,000 | 41,106,000 | 40,348,000 | 39,097,000 | 37,612,000 | 36,794,000 | 37,116,000 | 35,271,000 | 33,363,000 | 32,426,000 | 32,923,000 | 30,673,000 | 27,972,000 | 24,437,000 | 23,572,000 | 21,890,000 | 19,182,000 | 16,982,000 | 16,743,000 | 16,065,000 | 15,121,000 | 15,292,000 | 14,944,000 | 13,618,000 | 13,885,000 | 13,517,000 | 11,866,000 | 11,606,000 | 10,981,000 | 10,898,000 | 10,375,000 | 9,232,000 | 8,667,000 | 7,541,000 |
gross profit | 139,150,000 | 137,731,000 | 133,901,000 | 129,403,000 | 126,007,000 | 128,046,000 | 124,803,000 | 120,158,000 | 118,364,000 | 118,118,000 | 113,914,000 | 107,458,000 | 103,713,000 | 106,594,000 | 101,842,000 | 95,554,000 | 89,563,000 | 87,354,000 | 84,965,000 | 78,550,000 | 76,966,000 | 76,528,000 | 73,175,000 | 66,529,000 | 66,533,000 | 65,137,000 | 59,633,000 | 54,720,000 | 50,511,000 | 48,431,000 | 45,217,000 | 43,588,000 | 39,678,000 | 39,252,000 | 34,973,000 | 31,918,000 | 29,402,000 | 26,673,000 | 24,655,000 |
yoy | 10.43% | 7.56% | 7.29% | 7.69% | 6.46% | 8.41% | 9.56% | 11.82% | 14.13% | 10.81% | 11.85% | 12.46% | 15.80% | 22.03% | 19.86% | 21.65% | 16.37% | 14.15% | 16.11% | 18.07% | 15.68% | 17.49% | 22.71% | 21.58% | 31.72% | 34.49% | 31.88% | 25.54% | 27.30% | 23.38% | 29.29% | 36.56% | 34.95% | 47.16% | 41.85% | ||||
qoq | 1.03% | 2.86% | 3.48% | 2.70% | -1.59% | 2.60% | 3.87% | 1.52% | 0.21% | 3.69% | 6.01% | 3.61% | -2.70% | 4.67% | 6.58% | 6.69% | 2.53% | 2.81% | 8.17% | 2.06% | 0.57% | 4.58% | 9.99% | -0.01% | 2.14% | 9.23% | 8.98% | 8.33% | 4.29% | 7.11% | 3.74% | 9.85% | 1.09% | 12.24% | 9.57% | 8.56% | 10.23% | 8.18% | |
gross margin % | 75.97% | 75.19% | 75.10% | 75.22% | 75.48% | 75.56% | 75.22% | 74.86% | 75.17% | 75.85% | 75.59% | 74.33% | 74.62% | 76.16% | 75.85% | 74.37% | 74.49% | 75.75% | 77.66% | 76.92% | 77.86% | 79.96% | 81.16% | 79.89% | 80.55% | 81.16% | 79.59% | 78.55% | 78.76% | 77.72% | 76.99% | 78.60% | 77.37% | 78.14% | 76.24% | 75.47% | 76.10% | 75.48% | 76.58% |
operating expenses | |||||||||||||||||||||||||||||||||||||||
sales and marketing | 67,421,000 | 63,662,000 | 67,493,000 | 64,712,000 | 63,063,000 | 64,769,000 | 62,219,000 | 60,248,000 | 61,111,000 | 56,898,000 | 61,576,000 | 62,749,000 | 61,931,000 | 66,295,000 | 64,540,000 | 66,000,000 | 60,027,000 | 56,210,000 | 48,799,000 | 49,182,000 | 48,429,000 | 45,382,000 | 42,588,000 | 41,826,000 | 44,785,000 | 43,949,000 | 41,848,000 | 37,192,000 | 35,848,000 | 35,722,000 | 31,709,000 | 32,150,000 | 29,227,000 | 27,779,000 | 33,375,000 | 25,125,000 | 23,496,000 | 21,531,000 | 19,037,000 |
research and development | 30,560,000 | 28,182,000 | 27,331,000 | 27,964,000 | 25,725,000 | 24,588,000 | 25,649,000 | 25,721,000 | 25,015,000 | 22,578,000 | 26,722,000 | 26,802,000 | 27,105,000 | 28,022,000 | 27,721,000 | 27,902,000 | 25,248,000 | 20,711,000 | 18,843,000 | 18,795,000 | 18,973,000 | 18,041,000 | 14,829,000 | 11,847,000 | 11,747,000 | 10,312,000 | 11,558,000 | 10,829,000 | 10,307,000 | 8,753,000 | 7,261,000 | 7,811,000 | 6,929,000 | 6,034,000 | 5,883,000 | 6,009,000 | 5,948,000 | 5,573,000 | 5,087,000 |
general and administrative | 33,241,000 | 33,048,000 | 29,201,000 | 28,138,000 | 28,345,000 | 32,480,000 | 28,216,000 | 31,053,000 | 30,046,000 | 24,676,000 | 18,026,000 | -148,000 | 28,976,000 | 5,158,000 | 31,000,000 | 14,345,000 | 29,652,000 | 26,621,000 | 11,372,000 | 20,245,000 | 28,269,000 | 20,297,000 | 17,794,000 | 16,182,000 | 17,338,000 | 15,613,000 | 14,088,000 | 12,677,000 | 13,679,000 | 12,380,000 | 11,268,000 | 12,458,000 | 11,082,000 | 11,147,000 | 8,920,000 | 8,636,000 | 8,253,000 | 8,278,000 | 7,698,000 |
restructuring costs | 1,693,000 | 6,016,000 | 2,267,000 | 1,044,000 | 5,299,000 | -8,000 | 356,000 | 928,000 | 444,000 | 1,151,000 | 8,664,000 | 135,000 | 1,014,000 | ||||||||||||||||||||||||||
total operating expenses | 132,915,000 | 130,908,000 | 126,292,000 | 121,858,000 | 122,432,000 | 121,829,000 | 116,440,000 | 117,950,000 | 116,616,000 | 105,303,000 | 114,988,000 | 89,538,000 | 119,026,000 | 103,316,000 | 123,261,000 | 108,247,000 | 114,927,000 | 103,542,000 | 79,014,000 | 88,222,000 | 95,671,000 | 83,720,000 | 75,211,000 | 69,855,000 | 73,870,000 | 69,874,000 | 67,494,000 | 60,698,000 | 59,834,000 | 56,855,000 | 50,238,000 | 52,419,000 | 47,238,000 | 44,960,000 | 48,178,000 | 39,770,000 | 37,697,000 | 35,382,000 | 31,822,000 |
income from operations | 6,235,000 | 6,823,000 | 7,609,000 | 7,545,000 | 3,575,000 | 6,217,000 | 8,363,000 | 2,208,000 | 1,748,000 | 12,815,000 | -1,074,000 | 17,920,000 | -15,313,000 | 3,278,000 | -21,419,000 | -12,693,000 | -25,364,000 | -16,188,000 | 5,951,000 | -9,672,000 | -18,705,000 | -7,192,000 | -2,036,000 | -3,326,000 | -7,337,000 | -4,737,000 | -7,861,000 | -5,978,000 | -9,323,000 | -8,424,000 | -5,021,000 | -8,831,000 | -7,560,000 | -5,708,000 | -13,205,000 | -7,852,000 | -8,295,000 | -8,709,000 | -7,167,000 |
yoy | 74.41% | 9.75% | -9.02% | 241.71% | 104.52% | -51.49% | -878.68% | -87.68% | -111.42% | 290.94% | -94.99% | -241.18% | -39.63% | -120.25% | -459.92% | 31.23% | 35.60% | 125.08% | -392.29% | 190.80% | 154.94% | 51.83% | -74.10% | -44.36% | -21.30% | -43.77% | 56.56% | -32.31% | 23.32% | 47.58% | -61.98% | 12.47% | -8.86% | -34.46% | 84.25% | ||||
qoq | -8.62% | -10.33% | 0.85% | 111.05% | -42.50% | -25.66% | 278.76% | 26.32% | -86.36% | -1293.20% | -105.99% | -217.02% | -567.14% | -115.30% | 68.75% | -49.96% | 56.68% | -372.02% | -161.53% | -48.29% | 160.08% | 253.24% | -38.79% | -54.67% | 54.89% | -39.74% | 31.50% | -35.88% | 10.67% | 67.78% | -43.14% | 16.81% | 32.45% | -56.77% | 68.17% | -5.34% | -4.75% | 21.52% | |
operating margin % | 3.40% | 3.72% | 4.27% | 4.39% | 2.14% | 3.67% | 5.04% | 1.38% | 1.11% | 8.23% | -0.71% | 12.40% | -11.02% | 2.34% | -15.95% | -9.88% | -21.10% | -14.04% | 5.44% | -9.47% | -18.92% | -7.51% | -2.26% | -3.99% | -8.88% | -5.90% | -10.49% | -8.58% | -14.54% | -13.52% | -8.55% | -15.92% | -14.74% | -11.36% | -28.79% | -18.57% | -21.47% | -24.64% | -22.26% |
other income | 3,564,000 | 4,629,000 | 5,655,000 | 6,022,000 | 6,370,000 | 6,876,000 | 8,307,000 | 77,088,000 | 13,891,000 | 13,338,000 | 12,541,000 | 11,072,000 | 9,210,000 | 6,553,000 | 2,905,000 | 258,000 | -5,611,000 | -5,266,000 | -4,656,000 | -3,276,000 | -3,106,000 | -845,000 | 734,000 | 695,000 | 662,000 | 578,000 | 507,000 | 385,000 | -688,500 | 275,000 | |||||||||
interest income | 6,058,000 | 7,178,000 | 8,200,000 | 8,555,000 | 8,892,000 | 9,399,000 | 10,984,000 | 14,065,000 | 15,360,000 | 14,822,000 | 14,030,000 | 12,542,000 | 10,665,000 | 8,017,000 | 4,387,000 | 1,715,000 | 518,000 | 288,000 | 231,000 | 87,000 | 94,000 | 360,000 | 648,000 | 1,085,000 | 2,409,000 | 2,538,000 | 2,161,000 | 734,000 | 695,000 | 662,000 | 578,000 | 507,000 | 389,000 | 320,000 | 281,000 | 244,000 | 224,000 | ||
interest expense | -2,494,000 | -2,549,000 | -2,545,000 | -2,533,000 | -2,522,000 | -2,523,000 | -2,677,000 | -2,089,000 | -1,469,000 | -1,484,000 | -1,489,000 | -1,470,000 | -1,455,000 | -1,464,000 | -1,482,000 | -1,457,000 | -1,447,000 | -16,363,000 | -16,110,000 | -15,668,000 | -14,804,000 | -5,971,000 | -5,914,000 | -5,741,000 | -5,685,000 | -5,644,000 | -3,006,000 | -4,000 | -6,000 | -3,000 | -4,000 | -2,798,000 | -1,294,000 | ||||||
income before income taxes | 9,799,000 | 11,452,000 | 13,264,000 | 13,567,000 | 9,945,000 | 13,093,000 | 16,670,000 | 79,296,000 | 15,639,000 | 26,153,000 | 11,467,000 | 28,992,000 | -6,103,000 | 9,831,000 | -18,514,000 | -12,435,000 | -26,293,000 | -32,263,000 | -9,928,000 | -25,253,000 | -33,415,000 | -12,803,000 | -7,302,000 | -7,982,000 | -10,613,000 | -7,843,000 | -8,706,000 | -5,244,000 | -8,628,000 | -7,762,000 | -4,443,000 | -8,324,000 | -7,175,000 | -5,388,000 | -12,930,000 | -10,101,000 | -9,075,000 | -17,687,000 | -8,461,000 |
provision for income taxes | 5,908,000 | 5,471,000 | 4,653,000 | 6,176,000 | 4,671,000 | -50,374,000 | 2,101,000 | 4,337,000 | 869,000 | 1,901,000 | -2,005,000 | 926,000 | 628,000 | -668,000 | 474,000 | -464,000 | 213,000 | -210,000 | 323,000 | -191,000 | -169,000 | 555,000 | -41,000 | 357,000 | 1,168,000 | 206,000 | 146,000 | 205,000 | 32,000 | 17,000 | 133,000 | 457,000 | 162,000 | 13,000 | |||||
net income | 3,891,000 | 5,981,000 | 8,611,000 | 7,391,000 | 5,274,000 | 63,467,000 | 14,569,000 | 74,959,000 | 14,770,000 | 24,252,000 | 13,472,000 | 28,066,000 | -6,731,000 | 10,499,000 | -18,988,000 | -11,971,000 | -13,431,000 | -32,476,000 | -9,718,000 | -25,576,000 | -33,224,000 | -12,634,000 | -7,857,000 | -7,941,000 | -10,970,000 | -9,011,000 | -8,912,000 | -5,390,000 | -8,833,000 | -7,794,000 | -4,460,000 | -8,457,000 | -7,155,000 | -5,845,000 | -13,092,000 | -10,114,000 | -9,010,000 | -15,664,000 | -6,619,000 |
yoy | -26.22% | -90.58% | -40.90% | -90.14% | -64.29% | 161.70% | 8.14% | 167.08% | -319.43% | 130.99% | -170.95% | -334.45% | -49.88% | -132.33% | 95.39% | -53.19% | -59.57% | 157.05% | 23.69% | 222.08% | 202.86% | 40.21% | -11.84% | 47.33% | 24.19% | 15.61% | 99.82% | -36.27% | 23.45% | 33.34% | -65.93% | -16.38% | -20.59% | -62.69% | 97.79% | ||||
qoq | -34.94% | -30.54% | 16.51% | 40.14% | -91.69% | 335.63% | -80.56% | 407.51% | -39.10% | 80.02% | -52.00% | -516.97% | -164.11% | -155.29% | 58.62% | -10.87% | -58.64% | 234.18% | -62.00% | -23.02% | 162.97% | 60.80% | -1.06% | -27.61% | 21.74% | 1.11% | 65.34% | -38.98% | 13.33% | 74.75% | -47.26% | 18.20% | 22.41% | -55.35% | 29.44% | 12.25% | -42.48% | 136.65% | |
net income margin % | 2.12% | 3.27% | 4.83% | 4.30% | 3.16% | 37.45% | 8.78% | 46.70% | 9.38% | 15.57% | 8.94% | 19.41% | -4.84% | 7.50% | -14.14% | -9.32% | -11.17% | -28.16% | -8.88% | -25.04% | -33.61% | -13.20% | -8.71% | -9.54% | -13.28% | -11.23% | -11.89% | -7.74% | -13.77% | -12.51% | -7.59% | -15.25% | -13.95% | -11.64% | -28.54% | -23.91% | -23.32% | -44.32% | -20.56% |
net income attributable to redeemable non-controlling interest | 394,000 | 380,000 | 1,649,000 | 660,000 | 397,000 | 670,000 | 320,000 | 524,000 | 438,000 | 293,000 | 194,000 | 320,000 | 85,000 | ||||||||||||||||||||||||||
adjustment attributable to redeemable non-controlling interest | -4,629,000 | 715,000 | 1,677,000 | -1,561,000 | -1,178,000 | 6,380,000 | -2,989,000 | -2,255,000 | 3,503,000 | 1,890,000 | 1,355,000 | -3,103,000 | 5,192,000 | ||||||||||||||||||||||||||
net income attributable to blackline, inc. | 8,126,000 | 4,886,000 | 5,285,000 | 8,292,000 | 6,055,000 | 56,417,000 | 17,238,000 | 76,690,000 | 10,829,000 | 22,069,000 | 11,923,000 | 30,849,000 | |||||||||||||||||||||||||||
basic net income per share attributable to blackline, inc. | 0.14 | 0.08 | 0.09 | 0.13 | 0.1 | 0.9 | 0.28 | 1.24 | 0.18 | 0.36 | 0.2 | 0.51 | |||||||||||||||||||||||||||
shares used to calculate basic net income per share | 59,439 | -605 | 61,157 | 62,143 | 62,822 | 171 | 62,250 | 61,979 | 61,643 | 183 | 61,101 | 60,700 | |||||||||||||||||||||||||||
diluted net income per share attributable to blackline, inc. | 0.13 | 0.08 | 0.09 | 0.13 | 0.1 | 0.79 | 0.27 | 0.22 | 0.17 | 0.32 | 0.19 | 0.45 | |||||||||||||||||||||||||||
shares used to calculate diluted net income per share | 69,835 | 1,913 | 63,197 | 64,004 | 64,839 | 372 | 73,970 | 72,522 | 72,893 | 143 | 72,102 | 71,801 | |||||||||||||||||||||||||||
gain on extinguishment of convertible senior notes | 65,112,000 | ||||||||||||||||||||||||||||||||||||||
net loss attributable to blackline, inc. | -12,008,000 | 11,304,000 | -20,019,000 | -10,665,000 | -10,011,000 | -37,010,000 | -13,741,000 | -25,446,000 | -38,964,000 | -16,985,000 | -8,751,000 | -8,332,000 | -12,843,000 | -9,485,000 | -9,242,000 | -5,225,000 | -8,583,000 | ||||||||||||||||||||||
basic net loss per share attributable to blackline, inc. | -0.2 | 0.19 | -0.34 | -0.18 | -0.17 | -0.63 | -0.23 | -0.44 | -0.67 | -0.3 | -0.15 | -0.15 | -0.23 | -0.17 | -0.17 | -0.09 | -0.16 | ||||||||||||||||||||||
shares used to calculate basic net loss per share | 60,187 | 117 | 59,695 | 59,441 | 59,123 | 155 | 58,508 | 58,214 | 57,860 | 213 | 57,063 | 56,614 | 56,174 | 156 | 55,480 | 55,171 | 54,835 | 252 | 54,263 | 53,555 | 53,151 | ||||||||||||||||||
diluted net loss per share attributable to blackline, inc. | -0.2 | 0.19 | -0.34 | -0.18 | -0.17 | -0.63 | -0.23 | -0.44 | -0.67 | -0.3 | -0.15 | -0.15 | -0.23 | -0.17 | -0.17 | -0.09 | -0.16 | ||||||||||||||||||||||
shares used to calculate diluted net loss per share | 60,187 | 117 | 59,695 | 59,441 | 59,123 | 155 | 58,508 | 58,214 | 57,860 | 213 | 57,063 | 56,614 | 56,174 | 156 | 55,480 | 55,171 | 54,835 | 252 | 54,263 | 53,555 | 53,151 | ||||||||||||||||||
net loss attributable to redeemable non-controlling interest | 99,000 | -344,000 | |||||||||||||||||||||||||||||||||||||
adjustment attributable to non-controlling interest | -806,750 | 1,375,000 | -1,185,000 | -3,417,000 | 4,711,000 | 4,275,000 | 154,000 | 5,937,000 | 4,619,000 | 1,319,000 | 719,000 | 2,201,000 | |||||||||||||||||||||||||||
net loss attributable to non-controlling interest | -121,000 | -3,000 | -177,000 | -252,000 | -284,000 | -197,000 | -268,000 | -425,000 | -328,000 | -328,000 | -250,000 | ||||||||||||||||||||||||||||
other expense | -929,000 | -11,542,500 | -15,879,000 | -15,581,000 | -14,710,000 | -2,249,000 | -780,000 | -8,978,000 | -1,294,000 | ||||||||||||||||||||||||||||||
benefit from income taxes | -12,862,000 | -20,000 | -65,000 | -2,023,000 | -1,842,000 | ||||||||||||||||||||||||||||||||||
net loss and adjustment attributable to non-controlling interest | -21,250 | 330,000 | -165,000 | ||||||||||||||||||||||||||||||||||||
change in fair value of the common stock warrant liability | -2,490,000 | -1,000,000 | -6,180,000 | ||||||||||||||||||||||||||||||||||||
basic net loss per share | -0.093 | -0.08 | -0.16 | -0.13 | |||||||||||||||||||||||||||||||||||
diluted net loss per share | -0.093 | -0.08 | -0.16 | -0.13 | |||||||||||||||||||||||||||||||||||
* see note 3 for a summary of adjustments. | |||||||||||||||||||||||||||||||||||||||
net income per share | -0.155 | -0.25 | -0.2 | -0.18 | -0.34 | -0.16 | |||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic and diluted | 52,592 | 51,842 | 51,282 | 42,497 | 40,824,314 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 242,041,000 | 390,034,000 | 419,900,000 | 459,141,000 | 479,536,000 | 885,915,000 | 725,266,000 | 616,629,000 | 331,401,000 | 271,117,000 | 236,248,000 | 204,514,000 | 222,557,000 | 200,968,000 | 190,514,000 | 208,454,000 | 365,522,000 | 539,739,000 | 378,977,000 | 643,343,000 | 848,268,000 | 367,413,000 | 408,070,000 | 471,620,000 | 310,989,000 | 120,232,000 | 528,197,000 | 63,255,000 | 49,676,000 | 46,181,000 | 38,401,000 | 28,682,000 | 30,864,000 | 31,104,000 | 24,645,000 | 23,507,000 | 23,448,000 | 22,118,000 | 19,586,000 |
marketable securities | 283,030,000 | 388,178,000 | 384,279,000 | 398,277,000 | 386,945,000 | 121,017,000 | 428,461,000 | 913,453,000 | 933,355,000 | 925,721,000 | 921,737,000 | 865,314,000 | 874,083,000 | 855,406,000 | 821,137,000 | 666,122,000 | 658,964,000 | 798,952,000 | 524,851,000 | 308,991,000 | 175,206,000 | 117,433,000 | 154,876,000 | 302,978,000 | 487,515,000 | 68,324,000 | 81,939,000 | 85,079,000 | 86,396,000 | 86,715,000 | 86,191,000 | 83,168,000 | 81,476,000 | 85,125,000 | 83,744,000 | 77,868,000 | 83,130,000 | ||
accounts receivable | 174,890,000 | 218,100,000 | 155,597,000 | 175,021,000 | 146,609,000 | 178,141,000 | 136,497,000 | 137,439,000 | 125,613,000 | 171,608,000 | 130,477,000 | 129,798,000 | 120,419,000 | 150,858,000 | 108,792,000 | 120,721,000 | 117,554,000 | 125,130,000 | 105,042,000 | 100,909,000 | 89,423,000 | 111,270,000 | 91,137,000 | 98,124,000 | 90,057,000 | 102,829,000 | 81,865,000 | 79,135,000 | 72,343,000 | 74,902,000 | 63,398,000 | 61,057,000 | 57,019,000 | 61,589,000 | 45,233,000 | 43,525,000 | 43,889,000 | 42,294,000 | 36,761,000 |
prepaid expenses and other current assets | 32,141,000 | 28,897,000 | 24,047,000 | 23,748,000 | 30,263,000 | 28,348,000 | 30,449,000 | 27,677,000 | 33,189,000 | 31,244,000 | 26,694,000 | 27,697,000 | 34,911,000 | 23,658,000 | 22,363,000 | 21,210,000 | 22,278,000 | 23,855,000 | 18,462,000 | 18,255,000 | 20,809,000 | 20,226,000 | 137,357,000 | 15,293,000 | 16,572,000 | 12,830,000 | 10,874,000 | 11,453,000 | 12,241,000 | 14,042,000 | 15,979,000 | 16,603,000 | 15,625,000 | 6,140,000 | 6,794,000 | 6,927,000 | 7,777,000 | 6,614,000 | 4,456,000 |
total current assets | 732,102,000 | 1,025,209,000 | 983,823,000 | 1,056,187,000 | 1,043,353,000 | 1,092,404,000 | 1,013,229,000 | 1,210,206,000 | 1,403,656,000 | 1,407,324,000 | 1,319,140,000 | 1,283,746,000 | 1,243,201,000 | 1,249,567,000 | 1,177,075,000 | 1,171,522,000 | 1,171,476,000 | 1,347,688,000 | 1,301,433,000 | 1,287,358,000 | 1,267,491,000 | 674,115,000 | 753,997,000 | 739,913,000 | 720,596,000 | 723,406,000 | 689,260,000 | 235,782,000 | 219,339,000 | 221,521,000 | 204,493,000 | 192,533,000 | 186,676,000 | 193,954,000 | 172,743,000 | 167,548,000 | 162,515,000 | 163,823,000 | 68,032,000 |
capitalized software development costs | 50,689,000 | 49,494,000 | 48,801,000 | 47,554,000 | 46,139,000 | 45,448,000 | 43,327,000 | 40,873,000 | 38,982,000 | 37,828,000 | 36,899,000 | 36,349,000 | 34,374,000 | 32,070,000 | 30,452,000 | 28,115,000 | 25,489,000 | 23,547,000 | 22,077,000 | 20,002,000 | 17,858,000 | 15,690,000 | 13,925,000 | 12,754,000 | 11,015,000 | 10,032,000 | 9,424,000 | 9,252,000 | 8,969,000 | 9,023,000 | 8,925,000 | 8,308,000 | 7,557,000 | 6,824,000 | 6,129,000 | 5,375,000 | 5,049,000 | 4,591,000 | 4,113,000 |
property and equipment | 12,957,000 | 13,255,000 | 13,026,000 | 13,843,000 | 14,273,000 | 11,840,000 | 10,637,000 | 11,791,000 | 13,065,000 | 14,867,000 | 15,289,000 | 17,009,000 | 18,956,000 | 19,811,000 | 20,636,000 | 19,804,000 | 15,977,000 | 16,321,000 | 13,167,000 | 11,517,000 | 12,512,000 | 13,239,000 | 10,787,000 | 12,160,000 | 13,155,000 | 13,024,000 | 12,891,000 | 13,762,000 | 13,785,000 | 13,536,000 | 13,155,000 | 13,754,000 | 13,280,000 | 12,769,000 | 12,126,000 | 10,959,000 | 11,274,000 | 11,318,000 | 11,857,000 |
intangible assets | 45,569,000 | 49,352,000 | 48,897,000 | 52,402,000 | 55,870,000 | 59,520,000 | 63,646,000 | 68,665,000 | 73,860,000 | 79,056,000 | 84,305,000 | 80,645,000 | 85,779,000 | 90,864,000 | 96,045,000 | 101,227,000 | 106,433,000 | 36,195,000 | 38,244,000 | 40,874,000 | 43,781,000 | 46,674,000 | 15,066,000 | 16,688,000 | 15,977,000 | 17,520,000 | 19,063,000 | 21,629,000 | 24,708,000 | 27,785,000 | 30,868,000 | 34,173,000 | 37,485,000 | 40,808,000 | 44,130,000 | 47,455,000 | 50,788,000 | 54,118,000 | 57,434,000 |
goodwill | 465,715,000 | 465,804,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,965,000 | 448,987,000 | 443,861,000 | 443,861,000 | 443,861,000 | 443,861,000 | 443,861,000 | 443,861,000 | 289,710,000 | 289,710,000 | 289,710,000 | 289,710,000 | 289,710,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,138,000 | 185,052,000 |
operating lease right-of-use assets | 19,531,000 | 22,756,000 | 23,919,000 | 25,689,000 | 26,818,000 | 22,772,000 | 23,965,000 | 18,245,000 | 19,196,000 | 19,173,000 | 19,937,000 | 21,272,000 | 14,066,000 | 14,708,000 | 15,265,000 | 15,863,000 | 16,906,000 | 16,264,000 | 6,798,000 | 7,911,000 | 8,634,000 | 8,708,000 | 9,274,000 | 10,308,000 | 11,449,000 | 12,549,000 | 13,381,000 | 13,459,000 | 13,655,000 | ||||||||||
deferred tax assets | 37,739,000 | 39,341,000 | 44,536,000 | 55,714,000 | 54,324,000 | 53,208,000 | |||||||||||||||||||||||||||||||||
other assets | 91,216,000 | 94,308,000 | 91,859,000 | 92,335,000 | 91,406,000 | 90,879,000 | 91,391,000 | 91,937,000 | 91,161,000 | 93,552,000 | 91,578,000 | 92,484,000 | 92,417,000 | 92,775,000 | 94,324,000 | 93,181,000 | 90,088,000 | 87,853,000 | 78,963,000 | 74,695,000 | 68,811,000 | 65,369,000 | 58,578,000 | 56,289,000 | 54,044,000 | 52,883,000 | 46,482,000 | 44,480,000 | 39,359,000 | 36,865,000 | 32,115,000 | 30,534,000 | 28,379,000 | 1,391,000 | 1,857,000 | 1,517,000 | 1,471,000 | 1,449,000 | 4,747,000 |
total assets | 1,455,518,000 | 1,759,519,000 | 1,703,826,000 | 1,792,689,000 | 1,781,148,000 | 1,825,036,000 | 1,695,160,000 | 1,890,682,000 | 2,088,885,000 | 2,100,765,000 | 2,016,135,000 | 1,975,366,000 | 1,932,654,000 | 1,943,656,000 | 1,877,658,000 | 1,873,573,000 | 1,870,230,000 | 1,817,578,000 | 1,750,392,000 | 1,732,067,000 | 1,708,797,000 | 1,113,505,000 | 1,046,765,000 | 1,033,250,000 | 1,011,374,000 | 1,014,552,000 | 975,639,000 | 523,502,000 | 504,953,000 | 493,868,000 | 474,694,000 | 464,440,000 | 458,515,000 | 440,884,000 | 422,123,000 | 417,992,000 | 416,235,000 | 420,437,000 | 331,235,000 |
liabilities, redeemable non-controlling interest, and stockholders' equity | |||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||
accounts payable | 5,846,000 | 15,523,000 | 10,439,000 | 11,520,000 | 3,959,000 | 8,463,000 | 3,930,000 | 2,083,000 | 1,556,000 | 8,623,000 | 4,802,000 | 7,899,000 | 4,573,000 | 14,964,000 | 5,534,000 | 14,521,000 | 16,285,000 | 7,471,000 | 2,175,000 | 3,869,000 | 3,365,000 | 3,150,000 | 2,088,000 | 6,172,000 | 11,357,000 | 7,401,000 | 1,614,000 | 2,963,000 | 4,173,000 | 3,442,000 | 2,902,000 | 2,496,000 | 6,566,000 | 7,254,000 | 2,934,000 | 5,055,000 | 4,269,000 | 7,165,000 | 8,456,000 |
accrued expenses and other current liabilities | 59,421,000 | 76,790,000 | 75,621,000 | 57,448,000 | 62,759,000 | 71,574,000 | 68,437,000 | 51,924,000 | 47,133,000 | 59,690,000 | 61,352,000 | 45,152,000 | 49,031,000 | 58,600,000 | 51,144,000 | 40,329,000 | 38,401,000 | 50,930,000 | 38,869,000 | 33,628,000 | 33,420,000 | 35,958,000 | 29,546,000 | 22,913,000 | 20,378,000 | 30,098,000 | 25,704,000 | 20,460,000 | 18,409,000 | 24,705,000 | 20,174,000 | 19,248,000 | 12,240,000 | 20,874,000 | 18,354,000 | 16,113,000 | 15,719,000 | 18,931,000 | 17,485,000 |
deferred revenue, current | 359,598,000 | 368,593,000 | 325,203,000 | 341,549,000 | 330,804,000 | 338,615,000 | 300,989,000 | 311,256,000 | 306,855,000 | 320,133,000 | 277,804,000 | 280,050,000 | 277,107,000 | 279,325,000 | 245,155,000 | 246,810,000 | |||||||||||||||||||||||
finance lease liabilities, current | 13,000 | 12,000 | 12,000 | 12,000 | 12,000 | 66,000 | 324,000 | 469,000 | 525,000 | 778,000 | 930,000 | 1,031,000 | 1,012,000 | 989,000 | 981,000 | 401,000 | 399,000 | 373,000 | |||||||||||||||||||||
operating lease liabilities, current | 4,856,000 | 4,436,000 | 5,825,000 | 3,709,000 | 3,379,000 | 3,525,000 | 3,657,000 | 4,035,000 | 4,233,000 | 4,108,000 | 4,065,000 | 4,394,000 | 5,872,000 | 5,943,000 | 5,253,000 | 5,203,000 | 5,231,000 | 4,936,000 | |||||||||||||||||||||
convertible senior notes, net, current | 230,023,000 | 229,807,000 | 229,592,000 | 229,379,000 | 249,888,000 | 249,560,000 | 249,233,000 | 248,904,000 | |||||||||||||||||||||||||||||||
total current liabilities | 429,734,000 | 695,377,000 | 646,907,000 | 643,830,000 | 630,292,000 | 422,243,000 | 377,337,000 | 619,655,000 | 609,862,000 | 642,565,000 | 605,857,000 | 355,036,000 | 363,548,000 | 367,821,000 | 314,581,000 | 328,256,000 | 339,494,000 | 322,577,000 | 256,249,000 | 259,769,000 | 248,238,000 | 242,330,000 | 203,630,000 | 202,995,000 | 199,587,000 | 206,997,000 | 178,205,000 | 174,748,000 | 162,631,000 | 159,229,000 | 143,344,000 | 141,172,000 | 131,547,000 | 137,039,000 | 117,454,000 | 111,957,000 | 110,343,000 | 108,464,000 | 97,723,000 |
finance lease liabilities, noncurrent | 37,000 | 40,000 | 43,000 | 46,000 | 49,000 | 53,000 | 55,000 | 4,000 | 109,000 | 266,000 | 528,000 | 785,000 | 1,050,000 | 623,000 | 724,000 | 824,000 | |||||||||||||||||||||||
operating lease liabilities, noncurrent | 15,737,000 | 19,850,000 | 19,119,000 | 23,294,000 | 24,645,000 | 20,283,000 | 21,753,000 | 14,426,000 | 15,360,000 | 15,738,000 | 16,399,000 | 17,855,000 | 8,717,000 | 9,292,000 | 9,953,000 | 11,074,000 | 13,338,000 | 13,248,000 | 5,463,000 | 6,445,000 | 7,215,000 | 7,356,000 | 7,828,000 | 8,724,000 | 9,734,000 | 10,606,000 | 11,710,000 | 11,687,000 | 12,000,000 | ||||||||||
convertible senior notes, net, noncurrent | 666,678,000 | 666,046,000 | 665,403,000 | 664,762,000 | 664,130,000 | 892,675,000 | 891,826,000 | 890,979,000 | 1,141,666,000 | 1,140,608,000 | 1,139,539,000 | ||||||||||||||||||||||||||||
deferred tax liabilities | 4,585,000 | 5,244,000 | 4,658,000 | 4,804,000 | 4,335,000 | 4,532,000 | 4,847,000 | 5,017,000 | 5,251,000 | 6,394,000 | 6,022,000 | 5,618,000 | 5,487,000 | 5,568,000 | 5,274,000 | 5,540,000 | 5,809,000 | 8,175,000 | 9,511,000 | 9,764,000 | 11,785,000 | 6,566,000 | 4,750,000 | 4,733,000 | 4,584,000 | 4,571,000 | 1,151,000 | 1,098,000 | 1,116,000 | 1,116,000 | 1,300,000 | 1,436,000 | 1,501,000 | 1,328,000 | 993,000 | 1,144,000 | 1,100,000 | 1,262,000 | 3,874,000 |
deferred revenue, noncurrent | 447,000 | 922,000 | 573,000 | 796,000 | 1,265,000 | 1,390,000 | 1,197,000 | 1,979,000 | 2,352,000 | 904,000 | 697,000 | 643,000 | 741,000 | 343,000 | 415,000 | 418,000 | 262,000 | 362,000 | 276,000 | 327,000 | 116,000 | 75,000 | 72,000 | 93,000 | 128,000 | 163,000 | 222,000 | 174,000 | 196,000 | 277,000 | 317,000 | 382,000 | 477,000 | 912,000 | 2,100,000 | 2,487,000 | 2,400,000 | 2,373,000 | |
other long-term liabilities | 779,000 | 593,000 | 569,000 | 6,110,000 | 2,711,000 | 708,000 | 604,000 | 795,000 | 660,000 | 3,608,000 | 3,975,000 | 3,641,000 | 3,119,000 | 6,229,000 | 4,893,000 | 3,490,000 | 1,187,000 | 124,000 | 75,000 | 25,000 | 2,982,000 | 3,155,000 | 3,314,000 | 3,459,000 | 3,119,000 | 2,190,000 | 2,204,000 | 2,343,000 | 2,318,000 | 3,917,000 | |||||||||
total liabilities | 1,117,997,000 | 1,388,072,000 | 1,337,272,000 | 1,343,642,000 | 1,327,427,000 | 1,341,884,000 | 1,297,619,000 | 1,532,851,000 | 1,775,151,000 | 1,809,821,000 | 1,772,598,000 | 1,772,716,000 | 1,786,510,000 | 1,807,893,000 | 1,775,132,000 | 1,770,755,000 | 1,778,951,000 | 1,463,843,000 | 1,387,603,000 | 1,376,994,000 | 1,351,010,000 | 678,911,000 | 621,703,000 | 616,282,000 | 608,407,000 | 611,034,000 | 574,765,000 | 192,199,000 | 180,242,000 | 167,912,000 | 152,261,000 | 150,352,000 | 140,954,000 | 146,256,000 | 126,334,000 | 121,211,000 | 131,889,000 | 129,027,000 | 178,687,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||
redeemable non-controlling interest | 31,571,000 | 39,121,000 | 38,254,000 | 35,000,000 | 35,818,000 | 36,483,000 | 29,630,000 | 32,068,000 | 33,900,000 | 30,063,000 | 27,806,000 | 26,288,000 | 29,152,000 | 23,895,000 | 24,595,000 | 23,635,000 | 25,151,000 | 28,699,000 | 22,049,000 | 18,032,000 | 18,159,000 | 12,524,000 | 8,128,000 | 7,190,000 | 6,778,000 | 4,905,000 | 4,453,000 | 4,118,000 | 4,175,000 | 4,387,000 | |||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 592,000 | 599,000 | 599,000 | 619,000 | 623,000 | 628,000 | 624,000 | 622,000 | 618,000 | 615,000 | 613,000 | 610,000 | 605,000 | 600,000 | 590,000 | 577,000 | 559,000 | 547,000 | 530,000 | 513,000 | |||||||||||||||||||
additional paid-in capital | 327,307,000 | 356,841,000 | 358,220,000 | 450,975,000 | 461,570,000 | 495,391,000 | 479,191,000 | 451,737,000 | 480,175,000 | 474,863,000 | 455,038,000 | 429,320,000 | 396,403,000 | 385,709,000 | 363,782,000 | 344,264,000 | 318,297,000 | 625,883,000 | 609,433,000 | 596,183,000 | 573,431,000 | 622,768,000 | 605,078,000 | 590,119,000 | 569,799,000 | 561,275,000 | 548,201,000 | 470,681,000 | 459,118,000 | 451,571,000 | 444,840,000 | 432,068,000 | 427,104,000 | 419,628,000 | 414,915,000 | 402,859,000 | 380,288,000 | 378,272,000 | 223,805,000 |
accumulated other comprehensive loss | -628,000 | -296,000 | -100,000 | -166,000 | -178,000 | -1,159,000 | -1,529,000 | -231,000 | -92,000 | -117,000 | -133,000 | -63,000 | -32,000 | -73,000 | -39,000 | ||||||||||||||||||||||||
accumulated deficit | -21,321,000 | -24,818,000 | -30,419,000 | -37,381,000 | -44,112,000 | -48,989,000 | -111,786,000 | -126,035,000 | -200,470,000 | -214,802,000 | -238,761,000 | -252,039,000 | -279,785,000 | -272,969,000 | -283,369,000 | -264,725,000 | -252,875,000 | -301,735,000 | -269,436,000 | -259,970,000 | -234,678,000 | -201,651,000 | -189,285,000 | -181,853,000 | -174,240,000 | -163,598,000 | -152,751,000 | -144,348,000 | -139,177,000 | -130,594,000 | -122,862,000 | -118,402,000 | -109,945,000 | -125,467,000 | -119,622,000 | -106,530,000 | -96,416,000 | -87,334,000 | -71,670,000 |
total stockholders' equity | 305,950,000 | 332,326,000 | 328,300,000 | 414,047,000 | 417,903,000 | 446,669,000 | 367,911,000 | 325,763,000 | 279,834,000 | 260,881,000 | 215,731,000 | 176,362,000 | 116,992,000 | 111,868,000 | 77,931,000 | 79,183,000 | 66,128,000 | 325,036,000 | 340,740,000 | 337,041,000 | 339,628,000 | 422,070,000 | 416,934,000 | 409,778,000 | 396,189,000 | 398,613,000 | 396,421,000 | 327,185,000 | 320,536,000 | 321,569,000 | 322,433,000 | 314,088,000 | 317,561,000 | 294,628,000 | 295,789,000 | 296,781,000 | 284,346,000 | 291,410,000 | 152,548,000 |
total liabilities, redeemable non-controlling interest, and stockholders' equity | 1,455,518,000 | 1,759,519,000 | 1,703,826,000 | 1,792,689,000 | 1,781,148,000 | 1,825,036,000 | 1,695,160,000 | 1,890,682,000 | 2,088,885,000 | 2,100,765,000 | 2,016,135,000 | 1,975,366,000 | 1,932,654,000 | 1,943,656,000 | 1,877,658,000 | 1,873,573,000 | 1,870,230,000 | 1,817,578,000 | 1,750,392,000 | 1,732,067,000 | 1,708,797,000 | 1,113,505,000 | 1,046,765,000 | 1,033,250,000 | 1,011,374,000 | 1,014,552,000 | 975,639,000 | 523,502,000 | 504,953,000 | 493,868,000 | |||||||||
accumulated other comprehensive income | -361,000 | -118,000 | -561,000 | -489,000 | 205,000 | -1,472,000 | -3,080,000 | -952,000 | 113,000 | 298,000 | 157,000 | 244,000 | 295,000 | 376,000 | 568,000 | 943,000 | 66,000 | 377,000 | 415,000 | 299,000 | 45,000 | 45,000 | -41,000 | ||||||||||||||||
contingent consideration, current | 8,000,000 | 16,510,000 | 25,953,000 | 8,000,000 | 6,514,000 | 20,992,000 | 36,878,000 | 16,438,000 | |||||||||||||||||||||||||||||||
contingent consideration, noncurrent | 2,610,000 | 18,702,000 | 33,549,000 | 56,052,000 | 39,829,000 | 37,985,000 | 4,294,000 | ||||||||||||||||||||||||||||||||
convertible senior notes | 1,387,047,000 | 1,385,668,000 | 1,384,306,000 | 1,382,914,000 | 1,381,525,000 | 1,380,152,000 | 1,114,239,000 | 1,097,973,000 | 1,081,942,000 | 1,066,352,000 | 407,032,000 | 401,217,000 | 395,459,000 | 389,875,000 | 384,343,000 | 378,856,000 | |||||||||||||||||||||||
common stock | 598,000 | 596,000 | 593,000 | 586,000 | 584,000 | 580,000 | 573,000 | 569,000 | 564,000 | 556,000 | 553,000 | 550,000 | 547,000 | 539,000 | 535,000 | 528,000 | 525,000 | 513,000 | |||||||||||||||||||||
deferred revenue | 242,300,000 | 242,429,000 | 209,608,000 | 206,564,000 | 193,429,000 | 191,137,000 | 165,699,000 | 167,403,000 | 161,289,000 | 162,552,000 | 144,100,000 | 144,300,000 | 133,024,000 | 129,074,000 | 118,260,000 | 117,420,000 | 110,733,000 | 106,903,000 | 94,158,000 | 88,781,000 | 88,347,000 | 80,360,000 | 69,774,000 | ||||||||||||||||
short-term portion of operating lease liabilities | 3,589,000 | 4,020,000 | 4,136,000 | 4,147,000 | 4,289,000 | 4,499,000 | 4,555,000 | 4,938,000 | 4,779,000 | 5,017,000 | 5,017,000 | ||||||||||||||||||||||||||||
short-term portion of contingent consideration | 2,008,000 | 11,688,000 | 13,888,000 | 7,938,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | 2,008,000 | ||||||||||||||||||
contingent consideration | 18,056,000 | 18,722,000 | 17,304,000 | 15,552,000 | 4,206,000 | 4,278,000 | 4,499,000 | 4,354,000 | 4,621,000 | 4,492,000 | 4,299,000 | 4,308,000 | 4,145,000 | 4,048,000 | 3,970,000 | 3,858,000 | 3,597,000 | 3,419,000 | 3,323,000 | 3,230,000 | 3,137,000 | ||||||||||||||||||
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||||||||||||||
* see note 3 for a summary of adjustments. | |||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 474,694,000 | 464,440,000 | 458,515,000 | 440,884,000 | 422,123,000 | 417,992,000 | 416,235,000 | 420,437,000 | 331,235,000 | ||||||||||||||||||||||||||||||
deferred sales commissions | 13,645,000 | 10,946,000 | 9,845,000 | 9,533,000 | 9,667,000 | 7,229,000 | |||||||||||||||||||||||||||||||||
common stock warrant liability | 12,380,000 | 11,380,000 | 5,200,000 | ||||||||||||||||||||||||||||||||||||
term loan | 64,836,000 | ||||||||||||||||||||||||||||||||||||||
treasury stock | |||||||||||||||||||||||||||||||||||||||
41,316,829 issued and outstanding as of september 30, 2016 and | |||||||||||||||||||||||||||||||||||||||
40,720,327 issued and 40,673,327 outstanding as | |||||||||||||||||||||||||||||||||||||||
of december 31, 2015 | 413,000 | ||||||||||||||||||||||||||||||||||||||
september 30, 2016 and december 31, 2015, respectively |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||
net income attributable to blackline, inc. | 8,126,000 | 4,886,000 | 5,285,000 | 8,292,000 | 6,055,000 | 56,417,000 | 17,238,000 | 76,690,000 | 10,829,000 | 22,069,000 | 11,923,000 | |||||||||||||||||||||||||||
net income and adjustment attributable to redeemable non-controlling interest | -4,235,000 | 1,095,000 | 3,326,000 | -901,000 | -781,000 | 7,050,000 | -2,669,000 | -1,731,000 | 3,941,000 | 2,183,000 | 1,549,000 | |||||||||||||||||||||||||||
net income | 3,891,000 | 5,981,000 | 8,611,000 | 7,391,000 | 5,274,000 | 63,467,000 | 14,569,000 | 74,959,000 | 14,770,000 | 24,252,000 | 13,472,000 | |||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 12,166,000 | 11,912,000 | 11,650,000 | 11,475,000 | 11,498,000 | 12,120,000 | 12,925,000 | 12,652,000 | 12,648,000 | 12,825,000 | 12,924,000 | 12,346,000 | 12,004,000 | 11,830,000 | 11,180,000 | 10,659,000 | 9,147,000 | 6,953,000 | 6,743,000 | 6,890,000 | 6,542,000 | 6,277,000 | 5,178,000 | 4,867,000 | 4,570,000 | 4,471,000 | 5,327,000 | 5,787,000 | 5,689,000 | 5,569,000 | 5,836,000 | 5,537,000 | 5,394,000 | 5,185,000 | 5,087,000 | 4,908,000 | 4,791,000 | 4,734,000 |
amortization of debt issuance costs | 805,000 | 859,000 | 856,000 | 845,000 | 834,000 | 849,000 | 958,000 | 1,294,000 | 1,385,000 | 1,398,000 | 1,396,000 | 1,379,000 | 1,362,000 | |||||||||||||||||||||||||
stock-based compensation | 23,741,000 | 25,965,000 | 23,394,000 | 24,657,000 | 18,574,000 | 19,340,000 | 22,623,000 | 22,726,000 | 18,562,000 | 17,505,000 | 20,079,000 | 19,948,000 | 20,438,000 | 18,474,000 | 20,899,000 | 20,609,000 | 15,902,000 | 17,081,000 | 16,930,000 | 17,065,000 | 14,794,000 | 14,292,000 | 13,326,000 | 12,616,000 | 9,456,000 | 9,447,000 | 10,141,000 | 8,012,000 | 6,452,000 | 6,188,000 | 5,340,000 | 5,393,000 | 3,974,000 | 3,093,000 | 9,115,000 | 1,987,000 | 1,849,000 | 1,992,000 |
noncash lease expense | 1,545,000 | 1,840,000 | 1,389,000 | 1,297,000 | 1,397,000 | 1,611,000 | 1,500,000 | 1,552,000 | 1,558,000 | 1,728,000 | 1,533,000 | 1,694,000 | 1,498,000 | 1,325,000 | 1,416,000 | 1,445,000 | 1,126,000 | 1,202,000 | 1,160,000 | 1,025,000 | 1,096,000 | 1,186,000 | 1,141,000 | 1,230,000 | 1,336,000 | 1,217,000 | 1,215,000 | 1,245,000 | ||||||||||
accretion of purchase discounts on marketable securities | -2,544,000 | -3,186,000 | -3,143,000 | -3,393,000 | -1,968,000 | -326,000 | -2,854,000 | -6,719,000 | -8,542,000 | -9,231,000 | -2,762,000 | 164,000 | -88,000 | -37,000 | -33,000 | 176,000 | 301,000 | |||||||||||||||||||||
net foreign currency losses | 122,000 | -148,000 | 192,000 | 788,000 | -227,000 | -81,000 | 517,000 | -195,000 | 38,000 | -29,000 | -20,000 | 429,000 | 473,000 | -7,000 | -637,000 | -644,000 | -182,000 | -366,000 | 35,000 | 110,000 | 333,000 | 52,000 | -237,000 | -864,000 | 826,000 | -73,000 | 137,000 | -127,000 | 128,000 | 86,000 | -69,000 | 462,000 | -59,000 | |||||
deferred income taxes | 979,000 | 6,289,000 | 10,992,000 | -921,000 | -1,313,000 | -53,323,000 | -224,000 | -214,000 | -1,041,000 | 281,000 | -1,754,000 | 135,000 | -187,000 | 291,000 | -266,000 | -273,000 | -14,156,000 | -857,000 | -14,000 | 47,000 | 7,000 | -560,000 | 17,000 | 149,000 | 13,000 | 1,279,000 | 53,000 | -480,000 | -136,000 | -65,000 | -242,000 | 335,000 | -151,000 | 44,000 | -162,000 | -2,612,000 | ||
provision for credit losses | -3,000 | 6,000 | 26,000 | 19,000 | 56,000 | 70,000 | 7,000 | -1,000 | 2,000 | -24,000 | 5,000 | 30,000 | 4,000 | 53,000 | 28,000 | -45,000 | ||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||
accounts receivable | 41,862,000 | -62,245,000 | 18,618,000 | -27,269,000 | 32,737,000 | -43,317,000 | 1,770,000 | -11,701,000 | 45,696,000 | -41,300,000 | -256,000 | -9,465,000 | 30,166,000 | -41,354,000 | 12,152,000 | -3,290,000 | 9,459,000 | -19,691,000 | -4,233,000 | -11,311,000 | 20,980,000 | -17,290,000 | 7,152,000 | -7,742,000 | 12,147,000 | -20,507,000 | -3,184,000 | -6,604,000 | 2,333,000 | -11,472,000 | -2,387,000 | -4,406,000 | 5,058,000 | -16,319,000 | -2,310,000 | 364,000 | -1,595,000 | -5,608,000 |
prepaid expenses and other current assets | -3,308,000 | -4,657,000 | -382,000 | 6,666,000 | -1,878,000 | -1,609,000 | 827,000 | 5,488,000 | -1,964,000 | -4,449,000 | 1,806,000 | 1,312,000 | -5,268,000 | -1,180,000 | -1,271,000 | 934,000 | 2,576,000 | -5,602,000 | -282,000 | 2,600,000 | -672,000 | -2,168,000 | -627,000 | -1,017,000 | -1,499,000 | -1,905,000 | 528,000 | 812,000 | 1,789,000 | 1,943,000 | 232,000 | -733,000 | -1,891,000 | 1,054,000 | 133,000 | 850,000 | -1,163,000 | -2,159,000 |
other assets | 3,106,000 | -2,437,000 | 202,000 | -911,000 | -517,000 | 298,000 | 598,000 | -797,000 | 2,406,000 | -1,947,000 | 957,000 | -72,000 | 467,000 | -3,757,000 | -1,157,000 | -3,104,000 | -2,094,000 | -8,896,000 | -4,272,000 | -5,881,000 | -3,456,000 | -6,760,000 | -2,278,000 | -2,239,000 | -1,167,000 | -6,782,000 | -2,011,000 | -5,137,000 | -2,499,000 | -4,458,000 | -1,563,000 | -2,169,000 | -1,285,000 | 66,000 | -340,000 | -46,000 | -22,000 | -51,000 |
accounts payable | -7,716,000 | 4,124,000 | -1,307,000 | 6,119,000 | -3,590,000 | 4,333,000 | 1,087,000 | 249,000 | -6,792,000 | 4,341,000 | -3,363,000 | 3,436,000 | -9,518,000 | 8,947,000 | -8,698,000 | -2,428,000 | 6,555,000 | 4,982,000 | -1,751,000 | 114,000 | 652,000 | 210,000 | -3,891,000 | -1,931,000 | 1,253,000 | 4,835,000 | -525,000 | -1,892,000 | 826,000 | 393,000 | 509,000 | -3,981,000 | -929,000 | 4,160,000 | -1,698,000 | 766,000 | -3,253,000 | 294,000 |
accrued expenses and other current liabilities | -17,477,000 | 64,000 | 16,134,000 | -6,358,000 | -6,631,000 | 3,968,000 | 14,015,000 | 3,878,000 | -14,774,000 | -2,111,000 | 14,414,000 | -2,574,000 | -10,653,000 | 6,505,000 | 10,773,000 | 2,430,000 | -13,815,000 | 11,211,000 | 5,305,000 | 435,000 | -2,075,000 | 4,107,000 | 6,668,000 | 2,314,000 | -10,014,000 | 4,342,000 | 5,498,000 | 2,189,000 | -6,240,000 | 4,475,000 | 1,073,000 | 6,804,000 | -7,935,000 | 2,061,000 | 2,141,000 | 387,000 | -2,469,000 | 1,978,000 |
deferred revenue | -9,455,000 | 43,563,000 | -16,575,000 | 10,272,000 | -8,024,000 | 37,819,000 | -11,049,000 | 4,028,000 | -11,830,000 | 42,536,000 | -2,290,000 | 2,845,000 | -1,820,000 | 34,098,000 | -1,658,000 | 4,666,000 | -460,000 | 32,907,000 | 2,993,000 | 13,346,000 | 2,333,000 | 23,341,000 | -1,725,000 | 6,079,000 | -1,298,000 | 18,393,000 | -152,000 | 11,254,000 | 3,869,000 | 10,774,000 | 775,000 | 6,592,000 | 6,558,000 | 11,557,000 | 4,990,000 | 521,000 | 8,014,000 | 11,947,000 |
operating lease liabilities | -1,628,000 | -1,280,000 | -1,353,000 | -1,729,000 | -1,510,000 | -1,563,000 | -1,159,000 | -1,531,000 | -1,710,000 | -1,936,000 | -1,723,000 | -1,858,000 | -1,654,000 | -1,620,000 | -1,223,000 | -2,666,000 | -1,440,000 | -1,299,000 | -1,432,000 | -1,364,000 | -1,058,000 | -1,277,000 | -1,343,000 | -1,138,000 | -1,253,000 | -1,533,000 | -1,299,000 | -1,358,000 | -1,340,000 | |||||||||
lease incentive receipts | 0 | 0 | 0 | 30,000 | 0 | 0 | 159,000 | 162,000 | ||||||||||||||||||||||||||||||
other long-term liabilities | 210,000 | 30,000 | -5,504,000 | 3,397,000 | 2,000,000 | 138,000 | -191,000 | 134,000 | 15,000 | 354,000 | 200,000 | 498,000 | -3,302,000 | 1,275,000 | 1,207,000 | 2,353,000 | 1,006,000 | -173,000 | -159,000 | -145,000 | 340,000 | -59,000 | -14,000 | -139,000 | 25,000 | -599,000 | ||||||||||||
net cash from operating activities | 46,296,000 | 26,680,000 | 63,800,000 | 32,345,000 | 46,742,000 | 43,794,000 | 55,919,000 | 40,698,000 | 50,425,000 | 42,169,000 | 37,026,000 | 24,551,000 | 22,867,000 | 25,754,000 | 24,176,000 | 5,907,000 | 176,000 | 22,126,000 | 17,074,000 | 12,388,000 | 28,505,000 | 14,812,000 | 21,789,000 | 9,617,000 | 8,517,000 | 8,224,000 | 9,854,000 | 8,620,000 | 3,026,000 | 4,823,000 | 4,814,000 | 4,681,000 | 1,822,000 | 2,750,000 | 3,507,000 | 1,872,000 | -1,705,000 | -5,857,000 |
capital expenditures | -10,528,000 | -6,800,000 | -6,793,000 | -6,960,000 | -14,118,000 | -7,269,000 | -6,508,000 | -6,314,000 | -6,749,000 | -6,833,000 | -5,617,000 | -6,592,000 | -8,555,000 | -5,488,000 | -7,625,000 | -10,884,000 | -6,828,000 | -7,280,000 | -4,420,000 | -5,286,000 | -6,906,000 | -3,304,000 | -3,833,000 | -3,610,000 | -2,593,000 | -2,793,000 | -2,253,000 | -2,335,000 | -2,731,000 | -2,419,000 | -3,522,000 | -3,287,000 | -1,552,000 | -3,973,000 | -1,530,000 | -1,571,000 | -944,000 | |
free cash flows | 35,768,000 | 19,880,000 | 57,007,000 | 25,385,000 | 32,624,000 | 36,525,000 | 49,411,000 | 34,384,000 | 43,676,000 | 35,336,000 | 31,409,000 | 17,959,000 | 14,312,000 | 20,266,000 | 16,551,000 | -4,977,000 | 15,298,000 | 9,794,000 | 7,968,000 | 23,219,000 | 7,906,000 | 18,485,000 | 5,784,000 | 4,907,000 | 5,631,000 | 7,061,000 | 6,367,000 | 691,000 | 2,092,000 | 2,395,000 | 1,159,000 | -1,465,000 | 1,198,000 | -466,000 | 342,000 | -3,276,000 | -6,801,000 | |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | -68,490,000 | -140,030,000 | -130,674,000 | -92,017,000 | -384,923,000 | 0 | 0 | -101,143,000 | -294,961,000 | -360,866,000 | -257,345,000 | -413,874,000 | -311,246,000 | -428,137,000 | -372,059,000 | -464,199,000 | -335,550,000 | -72,977,000 | -374,094,000 | -424,877,000 | -308,937,000 | -149,969,000 | 0 | 0 | -116,400,000 | -472,416,000 | -23,737,000 | -39,547,000 | -29,975,000 | -18,906,000 | -36,710,000 | -36,739,000 | -30,175,000 | -24,963,000 | -26,248,000 | |||
proceeds from maturities of marketable securities | 174,272,000 | 141,000,000 | 148,000,000 | 121,289,000 | 310,497,000 | 268,800,000 | 322,700,000 | 363,521,000 | 263,000,000 | 364,500,000 | 328,800,000 | 416,500,000 | 338,500,000 | 309,000,000 | 328,250,000 | 213,000,000 | 100,000,000 | 209,000,000 | 175,209,000 | 64,709,000 | 36,723,000 | 135,110,000 | 289,149,000 | 54,500,000 | 20,150,000 | 43,193,000 | 31,795,000 | 19,554,000 | 29,391,000 | 33,969,000 | 28,480,000 | 28,644,000 | 24,941,000 | 19,420,000 | 5,200,000 | |||
proceeds from sales of marketable securities | 1,626,000 | 0 | 0 | 27,074,000 | 0 | 13,959,000 | 12,000,000 | 0 | 0 | |||||||||||||||||||||||||||||
capitalized software development costs | -8,411,000 | -6,177,000 | -6,259,000 | -5,994,000 | -8,167,000 | -6,513,000 | -6,114,000 | -5,637,000 | -6,450,000 | -4,807,000 | -4,519,000 | -5,439,000 | -6,879,000 | -4,256,000 | -5,186,000 | -5,109,000 | -4,657,000 | -3,296,000 | -3,677,000 | -3,542,000 | -4,021,000 | -2,740,000 | -2,844,000 | -2,705,000 | -2,289,000 | -1,309,000 | -1,152,000 | -1,367,000 | -1,232,000 | -1,035,000 | -1,527,000 | -1,460,000 | -1,653,000 | -1,279,000 | -1,362,000 | -900,000 | -1,083,000 | -944,000 |
purchases of property and equipment | -2,117,000 | -623,000 | -534,000 | -966,000 | -5,951,000 | -756,000 | -394,000 | -677,000 | -299,000 | -2,026,000 | -1,098,000 | -1,153,000 | -1,676,000 | -1,232,000 | -2,439,000 | -5,775,000 | -1,528,000 | -3,532,000 | -3,475,000 | -626,000 | -1,096,000 | -3,998,000 | -291,000 | -1,072,000 | -1,152,000 | -1,171,000 | -1,472,000 | -886,000 | -1,103,000 | -1,696,000 | -892,000 | -2,062,000 | -1,634,000 | -273,000 | -2,611,000 | -630,000 | -488,000 | |
net cash from investing activities | 96,880,000 | -21,804,000 | 10,533,000 | -14,977,000 | -399,041,000 | 114,020,000 | 303,989,000 | 485,441,000 | 20,990,000 | -4,187,000 | -11,329,000 | -55,966,000 | 8,999,000 | -17,125,000 | -41,184,000 | -166,083,000 | -171,223,000 | 133,195,000 | -281,246,000 | -220,045,000 | -138,845,000 | -62,828,000 | -87,845,000 | 142,959,000 | 181,308,000 | -420,396,000 | 11,068,000 | 1,393,000 | -515,000 | -2,083,000 | -2,620,000 | -6,292,000 | -4,982,000 | 2,129,000 | -5,280,000 | -7,509,000 | 3,629,000 | -84,552,000 |
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||
purchase of additional redeemable non-controlling interest | -3,291,000 | |||||||||||||||||||||||||||||||||||||
repayment of convertible senior notes | -230,196,000 | 0 | ||||||||||||||||||||||||||||||||||||
principal payments under finance lease obligations | -3,000 | -3,000 | -3,000 | -3,000 | -57,000 | -228,000 | -255,000 | -258,000 | -258,000 | -255,000 | -250,000 | -244,000 | -241,000 | -239,000 | -185,000 | -89,000 | -106,000 | |||||||||||||||||||||
repurchases of common stock | -45,990,000 | -34,816,000 | -111,944,000 | -43,332,000 | -45,451,000 | -16,000 | ||||||||||||||||||||||||||||||||
proceeds from exercises of stock options | 59,000 | 64,000 | 133,000 | 2,882,000 | 2,136,000 | 4,553,000 | 400,000 | 2,324,000 | 314,000 | 775,000 | 7,067,000 | 9,509,000 | 2,411,000 | 1,018,000 | 1,249,000 | 1,031,000 | 1,389,000 | 3,749,000 | 2,629,000 | 2,899,000 | 2,151,000 | 6,351,000 | 3,871,000 | 5,760,000 | 4,656,000 | 2,200,000 | 3,806,000 | 1,801,000 | 2,764,000 | 484,000 | 7,455,000 | 2,612,000 | 3,453,000 | 1,580,000 | 2,911,000 | 5,696,000 | 65,000 | |
proceeds from exercises of stock options - redeemable non-controlling interest | 152,000 | |||||||||||||||||||||||||||||||||||||
acquisition of common stock for tax withholding obligations | -11,763,000 | -2,027,000 | -1,874,000 | -2,052,000 | -10,939,000 | -3,861,000 | -1,220,000 | -1,403,000 | -10,981,000 | -885,000 | -722,000 | -1,019,000 | -12,403,000 | -1,678,000 | -1,864,000 | -1,815,000 | -4,187,000 | -4,358,000 | -2,713,000 | -4,802,000 | -5,134,000 | -2,058,000 | -1,272,000 | -1,294,000 | -3,562,000 | -568,000 | -784,000 | -859,000 | -1,729,000 | -31,000 | -112,000 | |||||||
net cash from financing activities | -291,032,000 | -34,201,000 | -113,688,000 | -37,913,000 | -54,311,000 | 3,221,000 | -251,737,000 | -240,704,000 | -10,925,000 | -3,253,000 | 6,095,000 | 13,537,000 | -10,233,000 | 1,631,000 | -800,000 | 3,509,000 | -2,904,000 | 5,348,000 | -212,000 | 2,730,000 | 591,374,000 | 7,489,000 | 2,430,000 | 8,018,000 | 925,000 | 4,262,000 | 443,866,000 | 3,349,000 | 1,035,000 | 4,770,000 | 7,343,000 | -585,000 | 2,994,000 | 1,580,000 | 2,911,000 | 5,696,000 | -594,000 | 92,941,000 |
effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash | -137,000 | -355,000 | -147,000 | 170,000 | 240,000 | -403,000 | 477,000 | -209,000 | -212,000 | 151,000 | -64,000 | -166,000 | -41,000 | 215,000 | -146,000 | -416,000 | -271,000 | -113,000 | 3,000 | 6,000 | -210,000 | 90,000 | 88,000 | -47,000 | 144,000 | 220,000 | -56,000 | |||||||||||
net decrease in cash, cash equivalents, and restricted cash | -147,993,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of period | 390,220,000 | 0 | 0 | 0 | 886,147,000 | 0 | 0 | 0 | 271,363,000 | 0 | 0 | 0 | 201,207,000 | 0 | 0 | 0 | 539,991,000 | 0 | 0 | 0 | 367,913,000 | 0 | 0 | 0 | 120,502,000 | 0 | 0 | 0 | 46,455,000 | 0 | 0 | 0 | 31,504,000 | |||||
cash, cash equivalents, and restricted cash, end of period | 242,227,000 | -29,680,000 | -39,502,000 | -20,375,000 | 479,777,000 | 160,632,000 | 108,648,000 | 285,226,000 | 331,641,000 | 34,880,000 | 31,728,000 | -18,044,000 | 222,799,000 | 10,475,000 | -17,954,000 | -157,083,000 | 365,769,000 | 160,556,000 | -264,381,000 | -204,921,000 | 848,737,000 | -40,437,000 | -63,538,000 | 160,636,000 | 311,252,000 | -407,957,000 | 464,932,000 | 13,582,000 | 49,945,000 | 7,776,000 | 9,537,000 | -2,196,000 | 31,338,000 | |||||
reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 242,041,000 | -29,866,000 | -39,241,000 | -20,395,000 | 479,536,000 | 160,649,000 | 108,637,000 | 285,228,000 | 331,401,000 | 34,869,000 | 31,734,000 | -18,043,000 | 222,557,000 | 10,454,000 | -17,940,000 | -157,068,000 | 365,522,000 | 160,762,000 | -264,366,000 | -204,925,000 | 848,268,000 | -40,657,000 | -63,550,000 | 160,631,000 | 310,989,000 | -407,965,000 | 464,942,000 | 13,579,000 | 49,676,000 | 7,780,000 | 9,719,000 | |||||||
restricted cash included within prepaid expenses and other current assets at end of period | 186,000 | -5,000 | 0 | 208,000 | 208,000 | 1,000 | -1,000 | 19,000 | 1,000 | 0 | ||||||||||||||||||||||||||||
restricted cash included within other assets at end of period | 20,000 | 241,000 | -17,000 | 11,000 | -2,000 | 240,000 | 11,000 | -6,000 | -1,000 | 242,000 | 21,000 | -14,000 | -15,000 | 247,000 | -3,000 | -10,000 | 4,000 | 261,000 | 12,000 | 11,000 | 6,000 | 244,000 | -16,000 | 269,000 | -4,000 | 18,000 | ||||||||||||
total cash, cash equivalents, and restricted cash at end of period shown in the condensed consolidated statements of cash flows | 242,227,000 | -39,502,000 | -20,375,000 | 479,777,000 | ||||||||||||||||||||||||||||||||||
change in fair value of contingent consideration | 0 | -11,120,000 | -25,535,000 | 3,106,000 | -21,017,000 | 1,745,000 | -14,042,000 | -1,816,000 | 668,000 | -10,346,000 | -782,000 | 7,702,000 | 176,000 | -72,000 | -221,000 | 145,000 | -267,000 | 129,000 | 193,000 | -9,000 | 163,000 | 97,000 | 78,000 | 112,000 | 261,000 | 178,000 | 96,000 | 93,000 | 93,000 | |||||||||
gain on extinguishment of convertible senior notes | 0 | 0 | ||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of impact of acquisition: | ||||||||||||||||||||||||||||||||||||||
contingent consideration paid in excess of original estimates | ||||||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | -9,000 | 0 | 0 | 0 | -157,738,000 | 0 | ||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of issuance costs | 0 | -662,000 | 0 | 0 | -312,000 | 1,129,106,000 | 0 | |||||||||||||||||||||||||||||||
partial repurchase of convertible senior notes | 0 | 0 | 0 | 0 | 0 | -432,230,000 | ||||||||||||||||||||||||||||||||
purchase of capped calls related to convertible senior notes | 0 | 0 | 0 | 0 | 0 | -102,350,000 | 0 | |||||||||||||||||||||||||||||||
proceeds from employee stock purchase plan | 2,581,000 | 0 | 2,757,000 | 0 | 2,719,000 | 0 | 2,530,000 | 0 | 3,823,000 | 0 | 3,364,000 | 0 | 2,743,000 | 0 | ||||||||||||||||||||||||
payment of contingent consideration for the 2013 acquisition | ||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | -29,680,000 | -39,502,000 | -20,375,000 | -406,370,000 | 160,632,000 | 108,648,000 | 285,226,000 | 60,278,000 | 34,880,000 | 31,728,000 | -18,044,000 | 21,592,000 | 10,475,000 | -17,954,000 | -157,083,000 | -174,222,000 | 160,556,000 | -264,381,000 | -204,921,000 | 480,824,000 | -40,437,000 | -63,538,000 | 160,636,000 | 190,750,000 | -407,957,000 | 464,932,000 | 13,582,000 | 3,490,000 | 7,776,000 | 9,537,000 | -2,196,000 | -166,000 | ||||||
reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash at end of period shown in the consolidated statements of cash flows | 160,632,000 | 108,648,000 | 285,226,000 | 331,641,000 | 34,880,000 | 31,728,000 | -18,044,000 | 222,799,000 | 10,475,000 | -17,954,000 | -157,083,000 | 365,769,000 | 160,556,000 | -264,381,000 | -204,921,000 | 848,737,000 | -40,437,000 | -63,538,000 | 160,636,000 | 311,252,000 | 13,582,000 | 49,945,000 | 7,776,000 | 9,537,000 | ||||||||||||||
impairment of cloud computing implementation costs | ||||||||||||||||||||||||||||||||||||||
financed purchases of property and equipment | 0 | 0 | 0 | -128,000 | -252,000 | -169,000 | -168,000 | -169,000 | -56,000 | -169,000 | -113,000 | -169,000 | ||||||||||||||||||||||||||
loss on extinguishment of convertible senior notes | 0 | 0 | 7,012,000 | |||||||||||||||||||||||||||||||||||
amortization of purchase discounts on marketable securities | -7,519,000 | 95,000 | -523,000 | |||||||||||||||||||||||||||||||||||
investment from redeemable non-controlling interest | ||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
net loss attributable to blackline, inc. | -12,008,000 | 11,304,000 | -20,019,000 | -10,665,000 | -10,011,000 | -37,010,000 | -13,741,000 | -25,446,000 | -38,964,000 | -16,985,000 | -8,751,000 | -8,332,000 | -12,843,000 | -9,485,000 | -9,242,000 | -5,225,000 | -8,583,000 | |||||||||||||||||||||
net gain and adjustment attributable to redeemable non-controlling interest | 5,277,000 | |||||||||||||||||||||||||||||||||||||
net loss | -6,731,000 | 10,499,000 | -18,988,000 | -11,971,000 | -13,431,000 | -32,476,000 | -9,718,000 | -25,576,000 | -33,224,000 | -12,634,000 | -7,857,000 | -7,941,000 | -10,970,000 | -9,011,000 | -8,912,000 | -5,390,000 | -8,833,000 | -7,794,000 | -4,460,000 | -8,457,000 | -7,155,000 | -5,845,000 | -13,092,000 | -10,114,000 | -9,010,000 | -15,664,000 | ||||||||||||
net loss and adjustment attributable to redeemable non-controlling interest | -805,000 | 1,031,000 | -1,306,000 | -3,420,000 | 4,534,000 | 4,023,000 | -130,000 | 5,740,000 | 4,351,000 | 894,000 | 391,000 | 1,873,000 | 474,000 | 330,000 | ||||||||||||||||||||||||
amortization of debt discount and issuance costs | 1,392,000 | 1,389,000 | 1,373,000 | 1,357,000 | 16,266,000 | 16,031,000 | 15,590,000 | 7,651,000 | 5,815,000 | 5,758,000 | 5,584,000 | 5,532,000 | 5,487,000 | |||||||||||||||||||||||||
loss on extinguishment of convertible notes | ||||||||||||||||||||||||||||||||||||||
non-cash lease expense | ||||||||||||||||||||||||||||||||||||||
purchases of intangible assets | 0 | 0 | ||||||||||||||||||||||||||||||||||||
principal payments on finance lease obligations | ||||||||||||||||||||||||||||||||||||||
cash paid for pending acquisition | ||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts receivable | -18,000 | -8,000 | 233,000 | 71,000 | 69,000 | 0 | 84,000 | 48,000 | 25,000 | -65,000 | -51,000 | -37,000 | ||||||||||||||||||||||||||
principal payments on capital lease obligations | 0 | 0 | 0 | -443,000 | 0 | 0 | 0 | -549,000 | 0 | |||||||||||||||||||||||||||||
change in fair value of common stock warrant liability | 0 | 0 | 2,490,000 | 1,000,000 | 6,180,000 | |||||||||||||||||||||||||||||||||
amortization of purchase discounts/premiums on marketable securities | -409,000 | -326,000 | -298,000 | -237,000 | -67,000 | -63,000 | -33,000 | 70,000 | 63,000 | |||||||||||||||||||||||||||||
payments of initial public offering costs | 0 | 0 | 0 | -110,000 | ||||||||||||||||||||||||||||||||||
accretion of purchase discounts/premiums on marketable securities | ||||||||||||||||||||||||||||||||||||||
net loss attributable to redeemable non-controlling interest | -250,000 | |||||||||||||||||||||||||||||||||||||
accretion of debt discount and accrual of paid-in-kind interest | ||||||||||||||||||||||||||||||||||||||
payment of paid-in-kind interest | ||||||||||||||||||||||||||||||||||||||
proceeds from term loan, net of issuance costs | -169,000 | |||||||||||||||||||||||||||||||||||||
principal payments on term loan and prepayment penalties | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriting discounts and commissions | ||||||||||||||||||||||||||||||||||||||
* see note 3 for a summary of adjustments. | ||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts receivable | ||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects of the acquisition: | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 30,864,000 | |||||||||||||||||||||||||||||||||||||
restricted cash included within prepaid expenses and other current assets | 200,000 | |||||||||||||||||||||||||||||||||||||
restricted cash included within other assets | 274,000 | |||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash | 31,338,000 | |||||||||||||||||||||||||||||||||||||
deferred sales commissions | -2,699,000 | -1,101,000 | -312,000 | 134,000 | -2,438,000 | |||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 6,459,000 | 1,138,000 | 59,000 | 1,330,000 | 2,532,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 0 | 22,118,000 | 0 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 6,459,000 | 1,138,000 | 59,000 | 23,448,000 | 2,532,000 | |||||||||||||||||||||||||||||||||
accretion of debt discount and accrual of paid in kind interest | ||||||||||||||||||||||||||||||||||||||
payment of paid in kind interest | ||||||||||||||||||||||||||||||||||||||
investments in marketable securities | ||||||||||||||||||||||||||||||||||||||
accretion of debt discount and paid in kind interest | ||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | ||||||||||||||||||||||||||||||||||||||
payments of deferred offering costs | ||||||||||||||||||||||||||||||||||||||
repurchase of common stock | ||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options |