BlackLine, Inc. announced solid financial results for the first quarter ended March 31, 2025, with bookings exceeding expectations and continued margin expansion. Total revenue grew 6% year-over-year to $166.9 million, matching Street forecasts.
The company reported a non-GAAP net income of $0.49 per share, significantly beating the average analyst estimate of $0.38 per share. Non-GAAP operating margin improved to 20.9% in Q1 2025, up from 17.0% in Q1 2024, driven by operational efficiencies.
BlackLine's dollar-based net revenue retention rate increased to 104% in Q1 2025, up from 102% at year-end 2024. The company raised its full-year 2025 non-GAAP operating margin guidance to 21.5% to 22.5%, reflecting expected further margin expansion, while reaffirming its full-year revenue guidance of $692 million to $705 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.