BlackLine Systems vs 8x8
8x8 reported revenue of $736 million in fiscal 2026, about the same as BlackLine Systems' $700 million in fiscal 2025. BlackLine Systems' revenue grew 7.2% in its latest year, and 8x8's grew 2.9%. BlackLine Systems had an operating margin of 3.6%, against 2.6% at 8x8. Free cash flow was $161 million at BlackLine Systems and $52 million at 8x8. Their fiscal years end in different months (December 31 and March 31), so the periods don't line up exactly.
Side by side
| BlackLine Systems | 8x8 | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Mar 31, 2026 |
| Revenue | $700M | $736M |
| Revenue growth | 7.2% | 2.9% |
| Revenue growth a year, last 5 years | 14.8% | 6.7% |
| Gross margin | 75.2% | 64.6% |
| Operating margin | 3.6% | 2.6% |
| Net margin | 3.5% | 0.2% |
| Free cash flow | $161M | $52M |
| Free cash flow margin | 23.1% | 7.1% |
| Return on capital | 3.2% | 2.5% |
| Net debt to EBITDA | 1.6x | 6.2x |
| Dividends and buybacks | $236M | $2M |
| Change in diluted share count | −10.3% | 9.9% |
| Last close | $25.89 | $2.13 |
| P/E at the last close | 39.2× | 42.6× |
| Insider trades, last 12 months | sold $2.4 million | sold $562,320 |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BlackLine Systems8x8
Operating margin
Percent of revenue
BlackLine Systems8x8
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BlackLine Systems8x8
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the BlackLine Systems and 8x8 pages.