What is BlackLine?

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations. Designed to complement virtually all ERP and other financial systems including SAP, Oracle and NetSuite, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from within a single, unified cloud platform. (source)

BlackLine Employee Count

Number of BlackLine employees:

1,055 employees

Last updated 1/1/20

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BlackLine Revenue Totals

BlackLine annual revenue:

• 2021: $425 million
• 2020: $351 million
• 2019: $288 million
• 2018: $227 million
• 2017: $175 million
• 2016: $128 million
• 2015: $83 million

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BlackLine annual net income:

• 2021: $100 million net loss
• 2020: $39 million net loss
• 2019: $32 million net loss
• 2018: $28 million net loss
• 2017: $33 million net loss
• 2016: $26 million net loss
• 2015: $24 million net loss

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Additional BlackLine Statistics

Number of BlackLine customers:

2,800 customers

Last updated 3/22/20

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Number of BlackLine users:

236,800 users

Last updated 3/22/20

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Please note that some of these numbers are easier to find than others. A few of these BlackLine statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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