BlackLine (MEX:BL) Research & Development: MXN2,086 Mil (TTM As of Mar. 2026)


MEX:BL BlackLine Inc MEX:BL
41 GF Score
Price MXN456.90
GF Value MXN979.36
Valuation Possible Value Trap
! 5 Warning Signs
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What is BlackLine Research & Development?

BlackLine MEX:BL 41 Research & Development is MXN2,086 Mil as of Mar. 2026. GuruFocus rates MEX:BL with a GF Score™ of 41/100 and a GF Value™ of MXN979.36 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BlackLine's Research & Development for the three months ended in Mar. 2026 was MXN551 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,086 Mil.

BlackLine  (MEX:BL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

BlackLine Research & Development Related Terms

BlackLine Research & Development Historical Data

* Premium members only.

The historical data trend for BlackLine's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackLine Research & Development Chart

BlackLine Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,586.18 2,122.98 1,751.86 2,105.86 1,966.26

BlackLine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 526.29 526.54 501.37 507.44 551.08
MEX:BL
41GF Score
BlackLine Inc MEX:BL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackLine Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,086 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN2,086 Mil mean?
BlackLine (MEX:BL) has a Research & Development of MXN2,086 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on BlackLine and its competitors.
Is BlackLine's Research & Development too high?
BlackLine's current Research & Development is MXN2,086 Mil. Overall, BlackLine has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlackLine's Research & Development compare to EVCM and ASAN?
BlackLine's Research & Development of MXN2,086 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on BlackLine and its competitors. BlackLine's current Research & Development is MXN2,086 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackLine stock overvalued right now?
Based on GuruFocus' analysis, BlackLine (MEX:BL) is currently considered Possible Value Trap. The stock's GF Value™ is MXN979.36, compared to a current price of MXN456.90 — trading 53.3% below its estimated fair value. The current Research & Development is MXN2,086 Mil. BlackLine's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For BlackLine (MEX:BL), the current Research & Development is MXN2,086 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackLine (MEX:BL) Overvalued in 2026?

Based on GuruFocus' analysis, BlackLine stock appears to be undervalued. The current stock price of MXN456.90 is trading 53.3% below its estimated GF Value™ of MXN979.36. GuruFocus considers BlackLine to be Possible Value Trap.

Key valuation signals for MEX:BL:

  • Research & Development: MXN2,086 Mil
  • GF Value™: MXN979.36 vs. price of MXN456.90 (53.3% below fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the MEX:BL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BlackLine Business Description

Address 21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367
BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.
41GF Score

Get the complete analysis for MEX:BL

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN456.90
Price
MXN979.36
GF Value