BlackLine (BL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - BlackLine (BL) reported revenue of $178.29 million for the quarter ended September 2025, marking a year-over-year increase of 7.5% and a slight surprise of +0.16% over the Zacks Consensus Estimate of $178.01 million [1] - The company's EPS for the same period was $0.51, which is a decrease from $0.60 a year ago, indicating no EPS surprise as it matched the consensus estimate [1] Financial Performance Metrics - Total customers stood at 4,424, slightly below the average estimate of 4,457 by two analysts [4] - The retention rate was reported at 103%, lower than the estimated 105% by two analysts [4] - Revenue from professional services was $10.08 million, exceeding the average estimate of $8.77 million, reflecting a year-over-year change of +13.3% [4] - Subscription and support revenues were $168.21 million, slightly below the average estimate of $169.23 million, with a year-over-year increase of +7.1% [4] - Gross profit from professional services was $2.82 million, significantly higher than the average estimate of $1.51 million [4] - Gross profit from subscription and support was $131.08 million, which fell short of the estimated $137.13 million [4] Stock Performance - Over the past month, BlackLine's shares have returned +12.1%, outperforming the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]