For the quarter ending 2026-03-31, BL had -$147,993K decrease in cash & cash equivalents over the period. $44,179K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 3,891 | 5,981 | 8,611 | 12,665 |
| Depreciation and amortization | 12,166 | 11,912 | 11,650 | 22,973 |
| Change in fair value of contingent consideration | - | 0 | - | - |
| Amortization of debt issuance costs | 805 | 859 | 856 | 1,679 |
| Stock-based compensation | 23,741 | 25,965 | 23,394 | 43,231 |
| Gain on extinguishment of convertible senior notes | - | 0 | 0 | 0 |
| Noncash lease expense | 1,545 | 1,840 | 1,389 | 2,694 |
| Accretion of purchase discounts on marketable securities, net | 2,544 | 3,186 | 3,143 | 5,361 |
| Net foreign currency (gains) losses | -122 | 148 | -192 | -561 |
| Deferred income taxes | 979 | 6,289 | 10,992 | -2,234 |
| Provision for (benefit from) credit losses | -3 | 6 | 26 | 75 |
| Accounts receivable | -41,862 | 62,245 | -18,618 | -5,468 |
| Prepaid expenses and other current assets | 3,308 | 4,657 | 382 | -4,788 |
| Other assets | -3,106 | 2,437 | -202 | 1,428 |
| Accounts payable | -7,716 | 4,124 | -1,307 | 2,529 |
| Accrued expenses and other current liabilities | -17,477 | 64 | 16,134 | -12,989 |
| Deferred revenue | -9,455 | 43,563 | -16,575 | 2,248 |
| Contingent consideration paid in excess of original estimates | - | 0 | - | - |
| Operating lease liabilities | -1,628 | -1,280 | -1,353 | -3,239 |
| Lease incentive receipts | 0 | 0 | 0 | 30 |
| Other long-term liabilities | 210 | 30 | -5,504 | 5,397 |
| Net cash provided by operating activities | 46,296 | 26,680 | 63,800 | 79,087 |
| Purchases of marketable securities | 68,490 | 140,030 | 130,674 | 476,940 |
| Proceeds from maturities of marketable securities | 174,272 | 141,000 | 148,000 | 84,000 |
| Proceeds from sales of marketable securities | 1,626 | 200 | 0 | 0 |
| Capitalized software development costs | 8,411 | 6,177 | 6,259 | 14,161 |
| Purchases of property and equipment | 2,117 | 623 | 534 | 6,917 |
| Acquisition, net of cash acquired | - | 16,174 | - | - |
| Net cash provided by (used in) investing activities | 96,880 | -21,804 | 10,533 | -414,018 |
| Proceeds from issuance of convertible senior notes, net of issuance costs | - | 0 | 0 | 0 |
| Purchase of additional redeemable non-controlling interest | 3,291 | - | - | - |
| Repayment of convertible senior notes | 230,196 | 0 | 0 | 0 |
| Purchase of capped calls related to convertible senior notes | - | 0 | 0 | 0 |
| Principal payments under finance lease obligations | 3 | 3 | 3 | 60 |
| Proceeds from employee stock purchase plan | - | 2,581 | 0 | 4,592 |
| Repurchases of common stock | 45,990 | 34,816 | 111,944 | 88,783 |
| Exercised | 59 | 64 | 133 | 5,018 |
| Exercised Redeemable Non Controlling Interest | 152 | - | - | - |
| Acquisition of common stock for tax withholding obligations | 11,763 | 2,027 | 1,874 | 12,991 |
| Payment of contingent consideration for the 2013 acquisition | - | 0 | - | - |
| Net cash used in financing activities | -291,032 | -34,201 | -113,688 | -92,224 |
| Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash | -137 | -355 | -147 | 410 |
| Net decrease in cash, cash equivalents, and restricted cash | -147,993 | -29,680 | -39,502 | -426,745 |
| Cash, cash equivalents, and restricted cash, beginning of period | 390,220 | 419,900 | 886,147 | - |
| Cash, cash equivalents, and restricted cash, end of period | 242,227 | 390,220 | 419,900 | - |
BLACKLINE, INC. (BL)
BLACKLINE, INC. (BL)