v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income attributable to BlackLine, Inc. $ 24,607 $ 14,347
Net income and adjustment attributable to redeemable non-controlling interest (Note 4) (11,448) (1,682)
Net income 13,159 12,665
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,559 22,973
Amortization of debt issuance costs 1,446 1,679
Stock-based compensation 51,222 43,231
Noncash lease expense 2,944 2,694
Reductions in noncash lease liabilities (351) 0
Gains on disposal of fixed assets (23) 0
Realized gains on sales of marketable securities (7) 0
Accretion of purchase discounts on marketable securities, net (4,397) (5,361)
Net foreign currency (gains) losses (149) 561
Deferred income taxes 3,385 (2,234)
Provision for credit losses 19 75
Changes in operating assets and liabilities:    
Accounts receivable 26,782 5,468
Prepaid expenses and other current assets (879) 4,788
Other assets 4,743 (1,428)
Accounts payable (6,988) 2,529
Accrued expenses and other current liabilities (16,807) (12,989)
Deferred revenue (4,258) 2,248
Operating lease liabilities (3,643) (3,239)
Lease incentive receipts 0 30
Other long-term liabilities 530 5,397
Net cash provided by operating activities 91,287 79,087
Cash flows from investing activities    
Purchases of marketable securities (191,283) (476,940)
Proceeds from maturities of marketable securities 296,922 84,000
Proceeds from sales of marketable securities 1,626 0
Capitalized software development costs (15,020) (14,161)
Purchases of property and equipment (4,034) (6,917)
Net cash provided by (used in) investing activities 88,211 (414,018)
Cash flows from financing activities    
Purchase of additional redeemable non-controlling interest (3,291) 0
Repayment of convertible senior notes (230,196) 0
Principal payments under finance lease obligations (6) (60)
Lease incentive receipts - finance leases 37 0
Repurchases of common stock (84,450) (88,783)
Proceeds from exercises of stock options 408 5,018
Proceeds from exercises of stock options - redeemable non-controlling interest 152 0
Proceeds from employee stock purchase plan 4,086 4,592
Acquisition of common stock for tax withholding obligations (13,103) (12,991)
Net cash used in financing activities (326,363) (92,224)
Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash (276) 410
Net decrease in cash, cash equivalents, and restricted cash (147,141) (426,745)
Cash, cash equivalents, and restricted cash, beginning of period 390,220 886,147
Cash, cash equivalents, and restricted cash, end of period 243,079 459,402
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents at end of period 242,897 459,141
Restricted cash included within prepaid expenses and other current assets at end of period 182 0
Restricted cash included within other assets at end of period 0 261
Total cash, cash equivalents, and restricted cash at end of period shown in the condensed consolidated statements of cash flows 243,079 459,402
Non-cash financing and investing activities    
Stock-based compensation capitalized for software development 2,454 2,251
Capitalized software development costs included in accounts payable and accrued expenses and other current liabilities at end of period 1,168 1,343
Purchases of property and equipment included in accounts payable and accrued expenses and other current liabilities at end of period 547 505
Accrued liabilities for repurchases of common stock 337 0
Excise tax on repurchases of common stock $ 539 $ 485