Blackline Inc SEC Filings

BlackLine, Inc. reported Q3 results with total revenue of $178.3 million, up 7% year over year. Subscription and support contributed $168.2 million, while professional services were $10.1 million. GAAP gross margin was 75.1%, and GAAP operating margin was 4.3%. GAAP net income attributable to BlackLine, Inc. was $5.3 million, or $0.09 diluted per share, compared with $0.27 a year ago.

Cash and cash equivalents were $419.9 million and marketable securities were $384.3 million at September 30, 2025; together they totaled $804.2 million. Net cash provided by operating activities for the first nine months was $142.9 million. The company repurchased approximately 2.1 million shares for $113.0 million in the quarter and 3.9 million shares for $201.8 million year to date, leaving $198.2 million in remaining buyback authorization.

Key operating metrics included a dollar-based net revenue retention rate of 103%, 4,424 customers, and 385,336 users. Contracted but unrecognized revenue was $964.1 million, with about 55% expected over the next 12 months. Restructuring charges were $2.3 million in the quarter and $8.6 million year to date.

BlackLine, Inc. filed a current report on Form 8-K announcing it issued a press release related to results of operations and financial condition. The press release is furnished as Exhibit 99.1. The filing lists the company’s common stock trading on the NASDAQ Global Select Market under the symbol BL and is signed by Chief Financial Officer Patrick Villanova.

BlackLine (BL) director reported an open‑market sale under a Rule 10b5-1 plan. On 10/27/2025, the reporting person sold 910 shares of common stock at $55 per share, coded “S”. The filing notes the plan was adopted on November 21, 2024.

Following the transaction, the reporting person beneficially owned 58,636 shares (direct) and 41,835 shares (indirect) through the ETU Rustic Canyon Trust. The form was filed by one reporting person, identified as a Director.

Thomas Unterman, a director of BlackLine, Inc. (BL), reported multiple sales of Common Stock under a Rule 10b5-1 trading plan adopted on November 21, 2024. The Form 4 lists a sequence of dispositions: 2,730 shares on 05/12/2025 at $55, then 910 shares on 05/20/2025 at $55, 910 shares on 06/20/2025 at $55.23, 885 shares on 07/21/2025 at $56.70, 910 shares on 08/28/2025 at $55, and 910 shares on 09/22/2025 at $55.

Following these transactions the beneficial ownership reported on the form declined in steps from 47,270 shares to 44,565 shares (direct/indirect shown as indirect via ETU Rustic Canyon Trust). The Form 4 was signed by an attorney-in-fact on 09/24/2025.

Form 144 notice for BlackLine, Inc. (BL) reports a proposed sale of 910 shares of common stock through Fidelity Brokerage Services on 09/22/2025 with an aggregate market value of $50,050.00. The filing shows 61,887,825 shares outstanding for the class, and the shares to be sold were acquired by the seller on 09/03/2013 via stock option exercise for cash.

The filing also discloses two recent sales by the same seller: 885 shares on 07/21/2025 for $50,179.50 and 910 shares on 08/28/2025 for $50,050.00. The filer attests there is no undisclosed material adverse information and the notice includes the statutory warning about false statements.

Form 144 notice reports a proposed sale of 910 shares of common stock through Fidelity Brokerage Services, with an aggregate market value of $50,050 and an approximate sale date of 08/28/2025 on NASDAQ. The shares were originally acquired on 09/03/2013 via stock option exercise from the issuer and paid in cash. The filing also discloses two recent sales by The Etu Rustic Canyon Trust: 910 shares on 06/20/2025 for $50,259.30 and 885 shares on 07/21/2025 for $50,179.50. The filer makes the required representation about material nonpublic information and signs the notice.

Michelle D. Stalick, Chief Accounting Officer of BlackLine, Inc. (BL), reported a sale of company stock on 08/22/2025. The Form 4 shows she disposed of 664 shares at a weighted-average price of $54.03 per share (purchase price range $54.02–$54.04 as explained). Following the reported transaction she beneficially owned 23,830 shares, held directly. The filing was signed by an attorney-in-fact on 08/25/2025. This disclosure documents a routine insider sale under Section 16 reporting requirements and includes an explanation of the weighted-average pricing.

The Form 4 shows that Patrick Villanova, Chief Financial Officer of BlackLine, Inc. (ticker BL), reported three disposition transactions on 08/20/2025 that reduced his direct holdings of Common Stock. The filings list three separate disposition codes (F 220, F 259, F 299) at a price of $52.23 per share. Following the reported transactions, his beneficial ownership totals are shown as 76,288, 76,029, and 75,730 shares on the respective reported lines. The filing explains the shares were withheld to cover the reporting person’s tax liability related to the vesting of restricted stock units (RSUs).