Welcome to our dedicated page for Blackline SEC filings (Ticker: BL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The BlackLine, Inc. (Nasdaq: BL) SEC filings page on Stock Titan provides access to the company’s official disclosures as filed with the U.S. Securities and Exchange Commission. These documents offer detailed insight into BlackLine’s financial performance, governance decisions, and material events affecting the business.
BlackLine is a software company that focuses on financial operations for the Office of the CFO, delivering its solutions as Software as a Service. Its filings include Form 8-K current reports that describe significant developments such as quarterly financial results, updates to its stock buyback program, and changes in executive roles and board composition. For example, recent 8-K filings have covered third-quarter 2025 financial results, the expansion of the stock repurchase authorization to up to $400 million, the formation and membership of an independent strategic committee of the board, and leadership transitions involving the CEO and founder roles.
In addition to 8-Ks, investors typically review annual reports on Form 10-K and quarterly reports on Form 10-Q (not reproduced in full here) to understand revenue trends, operating margins, cash flows, and risk factors related to BlackLine’s financial operations platform, Studio360, and its Verity AI capabilities. These periodic reports also explain the company’s use of non-GAAP financial measures, such as non-GAAP gross profit, non-GAAP operating income, and free cash flow, and provide reconciliations to GAAP metrics.
Filings may also include information on capital allocation and governance, such as details of the stock buyback program, board appointments, and committee structures. For instance, an 8-K dated November 10, 2025 notes that BlackLine has maintained an independent strategic committee of the board for more than a year and identifies its members.
On Stock Titan, these filings are supplemented with AI-powered summaries that highlight key points from lengthy documents, helping users quickly identify important disclosures without reading every page. Real-time updates from EDGAR ensure that new BlackLine filings, including 10-Ks, 10-Qs, and any Form 4 insider transaction reports, are added as they become available, with AI-generated explanations to make complex regulatory language more accessible.
BlackLine reported fourth-quarter and full-year 2025 results and issued 2026 guidance. Q4 GAAP revenue was $183.2 million, up 8.1% year over year, with GAAP operating margin steady at 3.7% and non-GAAP operating margin rising to 24.7% from 18.1%.
Q4 non-GAAP net income attributable to BlackLine grew to $45.2 million, or $0.63 per diluted share, from $34.6 million, or $0.47 per share, while GAAP net income fell to $4.9 million from $56.4 million. Full-year 2025 GAAP revenue reached $700.4 million, up 7.2%, and non-GAAP operating margin improved to 22.3%.
For 2025, operating cash flow was $169.6 million and free cash flow $134.9 million, both lower than 2024, and the company repurchased about 4.5 million shares for $235.5 million. BlackLine ended 2025 with 4,394 customers, dollar-based net revenue retention of 105%, and remaining performance obligation of $1.1 billion, up 23.5%.
Management highlighted record Q4 bookings, ongoing platform and AI investments, the WiseLayer acquisition, FedRAMP listing, and a completed Google Cloud migration. For 2026, BlackLine guides GAAP revenue to $764–$768 million, non-GAAP operating margin to 23.7–24.3%, and non-GAAP diluted EPS to $2.37–$2.48.
BlackLine, Inc. filed a report stating it issued a press release about certain actions taken by Engaged Capital, LLC and attached the full release as an exhibit. The company explains that its directors and certain executive officers will be participants in soliciting proxies for BlackLine’s 2026 Annual Meeting of Stockholders.
BlackLine plans to file a 2026 proxy statement with regulators and then mail the definitive proxy statement and a WHITE proxy card to stockholders entitled to vote. The company urges stockholders to review these materials, which will be available without charge from the SEC, BlackLine’s investor website, and its proxy solicitor, Mackenzie Partners, Inc.
BlackLine, Inc. filed a report stating it issued a press release about certain actions taken by Engaged Capital, LLC and attached the full release as an exhibit. The company explains that its directors and certain executive officers will be participants in soliciting proxies for BlackLine’s 2026 Annual Meeting of Stockholders.
BlackLine plans to file a 2026 proxy statement with regulators and then mail the definitive proxy statement and a WHITE proxy card to stockholders entitled to vote. The company urges stockholders to review these materials, which will be available without charge from the SEC, BlackLine’s investor website, and its proxy solicitor, Mackenzie Partners, Inc.
Engaged Capital, LLC has formally launched an activist campaign at BlackLine, Inc., confirming it has submitted a nomination notice for three independent director candidates for election at BlackLine’s 2026 annual meeting of stockholders. The proposed slate comprises Storm Duncan, Christopher Hallenbeck and Christopher L. Young, who are described as having significant software, M&A and governance experience. BlackLine has indicated that only three board seats will be up for election at the meeting, including one currently held by founder Therese Tucker, meaning Engaged’s slate would cover all seats in contest. Engaged Capital Flagship Master Fund, LP is disclosed as directly beneficially owning 1,015,619 shares of BlackLine common stock, with related Engaged entities and founder Glenn W. Welling deemed beneficial owners of the same shares. Engaged is preparing a preliminary proxy statement and a BLUE universal proxy card and is promoting its campaign via a dedicated website, email and social media channels.
Engaged Capital, LLC has formally launched an activist campaign at BlackLine, Inc., confirming it has submitted a nomination notice for three independent director candidates for election at BlackLine’s 2026 annual meeting of stockholders. The proposed slate comprises Storm Duncan, Christopher Hallenbeck and Christopher L. Young, who are described as having significant software, M&A and governance experience. BlackLine has indicated that only three board seats will be up for election at the meeting, including one currently held by founder Therese Tucker, meaning Engaged’s slate would cover all seats in contest. Engaged Capital Flagship Master Fund, LP is disclosed as directly beneficially owning 1,015,619 shares of BlackLine common stock, with related Engaged entities and founder Glenn W. Welling deemed beneficial owners of the same shares. Engaged is preparing a preliminary proxy statement and a BLUE universal proxy card and is promoting its campaign via a dedicated website, email and social media channels.
Engaged Capital and affiliated entities have launched an activist campaign at BlackLine, Inc., stating they intend to file a preliminary proxy statement and use a BLUE universal proxy card to seek election of their own slate of director nominees at the Company’s 2026 annual meeting of stockholders.
The group includes Engaged Capital Flagship Master Fund, LP, Engaged Capital, LLC, Engaged Capital Holdings, LLC, and several individuals led by Glenn W. Welling. Engaged Capital Flagship Master Fund directly beneficially owns 1,015,619 shares of BlackLine common stock, and related Engaged Capital entities and Mr. Welling may be deemed to share beneficial ownership of those shares, while the other named individuals currently report no beneficial ownership.
Engaged Capital and related entities have disclosed plans to run an alternative director slate at BlackLine, Inc.’s 2026 annual stockholder meeting, using a BLUE universal proxy card to solicit votes. The group includes Engaged Capital Flagship Master Fund, Engaged Capital, Engaged Capital Holdings, and individuals Glenn W. Welling, Storm Duncan, Christopher Hallenbeck, Christopher L. Young and Christopher B. Hetrick. Engaged Capital Flagship Master Fund currently beneficially owns 1,015,619 shares of BlackLine common stock, with related Engaged entities and Mr. Welling deemed to share beneficial ownership of that stake. The participants have also launched a campaign website, SaveBlackLine.com, and posted materials on X and LinkedIn, and are urging stockholders to read forthcoming proxy materials that will be available free through the SEC and their proxy solicitor.
Engaged Capital, LLC has filed materials indicating it plans to run a proxy campaign at BlackLine, Inc.’s 2026 annual meeting by nominating its own slate of directors and using a BLUE universal proxy card. The fund criticizes the current Board’s handling of strategic options, including what it describes as a reported rejection of a premium acquisition proposal and plans to reduce Board size, and argues that a Board reconstitution is needed so potential transactions, including a possible sale, are evaluated objectively.
Engaged Capital highlights four proposed director candidates with backgrounds in software, M&A, governance and corporate strategy: Storm Duncan, Christopher Hallenbeck, Christopher L. Young and Christopher B. Hetrick. An affiliate, Engaged Capital Flagship Master Fund, LP, directly beneficially owns 1,083,619 shares of BlackLine common stock. Engaged Capital has also launched www.SaveBlackLine.com to share further information with stockholders about its campaign.
BlackLine, Inc. (BL) reported an equity award for its Chief Technology Officer on a Form 4. On November 25, 2025, the officer acquired 1,910 shares of common stock through a restricted stock unit (RSU) grant at a price of $0 per share, bringing direct beneficial ownership to 85,583 shares after the transaction.
The filing also shows a grant of 1,910 performance-based restricted stock units (PRSUs), each tied to future performance objectives. RSUs begin vesting with 25% on the one-year anniversary of November 20, 2025, then in equal quarterly installments, subject to continued service. PRSU vesting depends on performance targets for calendar 2026 or, if not set by June 1, 2026, on scheduled vesting dates in 2027–2029, again contingent on continued service.
BlackLine, Inc. (BL) disclosed that its CEO and director received new equity awards. On November 25, 2025, the reporting person acquired 33,330 shares of common stock at a price of $0, increasing direct beneficial ownership to 247,566 shares.
The filing also reports a grant of 33,330 performance-based restricted stock units (PRSUs). The number of common shares ultimately delivered will depend on performance objectives for calendar 2026 set by the compensation committee. If performance metrics are not established by June 1, 2026, the PRSUs will vest in tranches on February 20, 2027, February 20, 2028, and February 20, 2029, subject to continued service.
BlackLine, Inc. (BL) reported an insider equity award for its Chief Legal and Administrative Officer on 11/25/2025. The officer acquired 2,860 shares of common stock at $0, bringing total beneficial ownership to 118,574 shares held directly.
The filing also reports 2,860 performance-based restricted stock units (PRSUs), each tied to BlackLine common stock. These PRSUs will vest based on performance targets for calendar 2026 to be set by the Compensation Committee. If 2026 performance metrics are not set before June 1, 2026, the PRSUs will instead vest over three dates in 2027, 2028, and 2029, all subject to continued service.
BlackLine, Inc. (BL) reported a Form 4 for its Chief Financial Officer showing automatic share withholding to cover taxes on vested restricted stock units. On 11/20/2025, several transactions coded "F" show common shares withheld at a price of $53.49 per share, which is standard for tax withholding on equity awards. After these transactions, the reporting person beneficially owned 72,825 shares of BlackLine common stock directly. These entries reflect administrative equity compensation activity rather than open-market buying or selling.