For the quarter ending 2025-09-30, BL had -$39,502K decrease in cash & cash equivalents over the period. $63,266K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 8,611 | 12,665 |
| Depreciation and amortization | 11,650 | 22,973 |
| Amortization of debt issuance costs | 856 | 1,679 |
| Stock-based compensation | 23,394 | 43,231 |
| Gain on extinguishment of convertible senior notes | 0 | 0 |
| Noncash lease expense | 1,389 | 2,694 |
| Accretion of purchase discounts on marketable securities, net | 3,143 | 5,361 |
| Net foreign currency losses | -192 | -561 |
| Deferred income taxes | 10,992 | -2,234 |
| Provision for credit losses | 26 | 75 |
| Accounts receivable | -18,618 | -5,468 |
| Prepaid expenses and other current assets | 382 | -4,788 |
| Other assets | -202 | 1,428 |
| Accounts payable | -1,307 | 2,529 |
| Accrued expenses and other current liabilities | 16,134 | -12,989 |
| Deferred revenue | -16,575 | 2,248 |
| Operating lease liabilities | -1,353 | -3,239 |
| Lease incentive receipts | 0 | 30 |
| Other long-term liabilities | -5,504 | 5,397 |
| Net cash provided by operating activities | 63,800 | 79,087 |
| Purchases of marketable securities | 130,674 | 476,940 |
| Proceeds from maturities of marketable securities | 148,000 | 84,000 |
| Proceeds from sales of marketable securities | 0 | 0 |
| Capitalized software development costs | 6,259 | 14,161 |
| Purchases of property and equipment | 534 | 6,917 |
| Net cash provided by (used in) investing activities | 10,533 | -414,018 |
| Proceeds from issuance of convertible senior notes, net of issuance costs | 0 | 0 |
| Partial repurchase of convertible senior notes | 0 | 0 |
| Repayment of convertible senior notes | 0 | - |
| Purchase of capped calls related to convertible senior notes | 0 | 0 |
| Principal payments under finance lease obligations | 3 | 60 |
| Repurchases of common stock | 111,944 | 88,783 |
| Proceeds from exercises of stock options | 133 | 5,018 |
| Proceeds from employee stock purchase plan | 0 | 4,592 |
| Acquisition of common stock for tax withholding obligations | 1,874 | 12,991 |
| Net cash used in financing activities | -113,688 | -92,224 |
| Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash | -147 | 410 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -39,502 | -426,745 |
| Cash and cash equivalents at beginning of period | 886,147 | - |
| Cash and cash equivalents at end of period | 419,900 | - |
BLACKLINE, INC. (BL)
BLACKLINE, INC. (BL)