BlackLine Systems, Inc. R&D Expense History
BL / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$109M in FY2025 with a 5-year CAGR of +14.1%.
Improved from $103M to $109M over the past 2 years.
At $109M, BlackLine Systems, Inc.'s r&d expense ranks #168 of 249 in the Information Technology sector. R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $109M.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.66 (distress zone, below 1.8 threshold)
- Strong profit margin: 24.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +0.1%
- 5-Year CAGR
- +14.1%
- 10-Year CAGR
- -
R&D Expense Trend
#168 of 249 in Information TechnologyTop 67% of 249This company $109.2M Sector average $950.3M
▼
-88.5% below sector average
Key Insights
- 5-year CAGR of +14.1%, indicating consistent growth.
- In FY2025, r&d expense increased 8.1% year-over-year.
- Ranks #168 out of 249 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2016.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $109.2M | +8.1% |
| FY2024 | $101.0M | -2.2% |
| FY2023 | $103.2M | -5.2% |
| FY2022 | $108.9M | +40.8% |
| FY2021 | $77.3M | +36.9% |
| FY2020 | $56.5M | +31.3% |
| FY2019 | $43.0M | +39.8% |
| FY2018 | $30.8M | +28.8% |
| FY2017 | $23.9M | +13.0% |
| FY2016 | $21.1M | +16.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026