Blackbaud, Inc.(BLKB)Earnings, Financials & Key Ratios

BLKB•NASDAQ

$35.32

$1.62B mkt cap·14.9× P/E·Price updated May 6, 2026

SectorTechnology IndustryApplication Software Sub-IndustryVertical industry SaaS applications

AboutBlackbaud, Inc. provides cloud software solutions to higher education institutions, K12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions, such as Blackbaud Raiser's Edge NXT and Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, JustGiving, and Blackbaud Guided Fundraising and Blackbaud Volunteer Network Fundraising; marketing and engagement solutions, including Blackbaud Luminate Online, Blackbaud Online Express, and Blackbaud School Website System; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management. It also provides grant and award management solutions, consisting of Blackbaud Grantmaking and Blackbaud Award Management; organizational and program management, such as Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; social responsibility solutions, which includes YourCause GrantsConnect and YourCause CSRconnect; Blackbaud Merchant Services and Blackbaud Purchase Cards payment services; and Blackbaud's Intelligence for Good solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services. It sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.Show more

Revenue$1.13B-2.3%
EBITDA$277M+240.5%
Net Income$115M+140.6%
EPS (Diluted)2.37+142.3%
Gross Margin58.78%+6.3%
EBITDA Margin24.55%+243.9%
Operating Margin16.91%+172.2%
Net Margin10.19%+141.6%
ROE101.27%+270.0%
ROIC17.57%+220.7%
Debt/Equity13.16+68.4%
Interest Coverage2.94-9.3%

Technical→

BLKB Key Insights

Blackbaud, Inc. (BLKB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 71.6%
✓Strong Piotroski F-Score: 8/9
✓FCF machine: 22.8% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 4.1% through buybacks

✗Weaknesses

✗High debt to equity ratio of 13.2x
✗Weak momentum: RS Rating 10 (bottom 10%)
✗Trading more than 30% below 52-week high
✗Expensive at 20.1x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

BLKB Price & Volume

Blackbaud, Inc. (BLKB) stock price & volume — 10-year historical chart

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BLKB Growth Metrics

Blackbaud, Inc. (BLKB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.87%

5 Years4.32%

3 Years2.17%

TTM-0.69%

Profit CAGR

10 Years16.19%

5 Years71.64%

3 Years-

TTM149.44%

EPS CAGR

10 Years15.73%

5 Years71.45%

3 Years-

TTM150.24%

Return on Capital

10 Years3.44%

5 Years-0%

3 Years-0.05%

Last Year15.56%

BLKB Recent Earnings

Blackbaud, Inc. (BLKB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (82%)●Beat Revenue 4/12 qtrs (36%)

Q2 2026Latest

Apr 29, 2026

EPS

$1.14

Est $1.08

+5.6%

Revenue

$281M

Est $280M

+0.5%

Q1 2026

Feb 10, 2026

EPS

$1.19

Est $1.15

+3.5%

Revenue

$295M

Est $292M

+1.1%

Q4 2025

Oct 29, 2025

EPS

$1.10

Est $1.07

+2.8%

Revenue

$281M

Est $293M

-4.0%

Q3 2025

Jul 30, 2025

EPS

$0.54

Revenue

$281M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$1.14vs $1.08+5.6%	$281Mvs $280M+0.5%
Q1 2026	Feb 10, 2026	$1.19vs $1.15+3.5%	$295Mvs $292M+1.1%
Q4 2025	Oct 29, 2025	$1.10vs $1.07+2.8%	$281Mvs $293M-4.0%
Q3 2025	Jul 30, 2025	$0.54	$281M

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
EVTCEVERTEC, Inc.Direct Competitor	1.74B	28.16	12.80	10.21%	9.6%	11.07%	1.58
PCORProcore Technologies, Inc.Direct Competitor	7.99B	52.96	-79.04	14.83%	-5.61%	-6.27%	0.09
JAMFJamf Holding Corp.Direct Competitor	1.75B	13.05	-24.62	11.92%	-5.98%	-5.25%	0.52
ALKTAlkami Technology, Inc.Direct Competitor	1.79B	16.75	-36.41	32.89%	-10.55%	-13.96%	0.98
CRMSalesforce, Inc.Product Competitor	174.3B	181.19	23.23	9.58%	17.96%	12.61%	0.11
MSFTMicrosoft CorporationProduct Competitor	3.07T	413.87	30.34	14.93%	39.34%	33.13%	0.33
INTUIntuit Inc.Product Competitor	108.46B	388.55	28.42	15.63%	21.57%	22.78%	0.34
PAYCPaycom Software, Inc.Product Competitor	6.86B	126.32	15.63	8.95%	22.44%	31.03%	0.09

Compare BLKB vs Peers

Blackbaud, Inc. (BLKB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EVTC

Most directly comparable listed peer for BLKB.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare BLKB against a more recognizable public peer.

Peer Set

Compare Top 5

vs EVTC, PCOR, JAMF, ALKT

BLKB Income Statement

Blackbaud, Inc. (BLKB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	788.31M	848.61M	900.42M	913.22M	927.74M	1.06B	1.11B	1.16B	1.13B	1.14B
Revenue Growth %	7.87%	7.65%	6.11%	1.42%	1.59%	14.05%	4.47%	4.53%	-2.35%	-0.69%
Cost of Goods Sold	361.9M	380.84M	417.22M	427.17M	443.19M	505.39M	501.39M	516.29M	465.07M	464.84M
COGS % of Revenue	45.91%	44.88%	46.34%	46.78%	47.77%	47.76%	45.36%	44.68%	41.22%	-
Gross Profit	426.58M▲ 0%	467.76M▲ 9.7%	483.2M▲ 3.3%	486.05M▲ 0.6%	484.55M▼ 0.3%	552.72M▲ 14.1%	604.04M▲ 9.3%	639.2M▲ 5.8%	663.29M▲ 3.8%	674.08M▲ 0%
Gross Margin %	54.11%	55.12%	53.66%	53.22%	52.23%	52.24%	54.64%	55.32%	58.78%	59.19%
Gross Profit Growth %	8.71%	9.65%	3.3%	0.59%	-0.31%	14.07%	9.29%	5.82%	3.77%	-
Operating Expenses	358.4M	408.35M	456.05M	448.81M	459.64M	581.2M	559.34M	909.71M	472.54M	452.24M
OpEx % of Revenue	45.47%	48.12%	50.65%	49.15%	49.54%	54.93%	50.6%	78.73%	41.88%	-
Selling, General & Admin	264.43M	292.7M	337.57M	340.15M	325.46M	359.44M	335.57M	294.72M	332.17M	308.46M
SG&A % of Revenue	33.54%	34.49%	37.49%	37.25%	35.08%	33.97%	30.36%	25.51%	29.44%	-
Research & Development	102.71M	115.41M	126.86M	100.15M	124.57M	159.21M	153.3M	183.19M	138.13M	141.49M
R&D % of Revenue	13.03%	13.6%	14.09%	10.97%	13.43%	15.05%	13.87%	15.85%	12.24%	-
Other Operating Expenses	-8.73M	234K	-8.38M	8.52M	9.61M	62.55M	70.47M	431.8M	2.23M	2.29M
Operating Income	68.18M▲ 0%	59.42M▼ 12.9%	27.14M▼ 54.3%	37.24M▲ 37.2%	24.91M▼ 33.1%	-28.48M▼ 214.4%	44.7M▲ 256.9%	-270.51M▼ 705.1%	190.75M▲ 170.5%	221.85M▲ 0%
Operating Margin %	8.65%	7%	3.01%	4.08%	2.68%	-2.69%	4.04%	-23.41%	16.91%	19.48%
Operating Income Growth %	-0.07%	-12.85%	-54.31%	37.2%	-33.13%	-214.37%	256.94%	-705.09%	170.52%	-
EBITDA	129.33M	122.38M	92.14M	98.28M	76.32M	37.08M	111.39M	-197.14M	276.97M	306.96M
EBITDA Margin %	16.41%	14.42%	10.23%	10.76%	8.23%	3.5%	10.08%	-17.06%	24.55%	26.95%
EBITDA Growth %	-0.83%	-5.37%	-24.71%	6.66%	-22.35%	-51.41%	200.38%	-276.98%	240.49%	304.29%
D&A (Non-Cash Add-back)	61.15M	62.97M	64.99M	61.03M	51.41M	65.57M	66.69M	73.36M	86.22M	85.12M
EBIT	68.97M	71.41M	34.15M	42.84M	32.28M	33.44M	112.03M	180.35M	199.75M	231.14M
Net Interest Income	-11.1M	-13.89M	-17.82M	-15.63M	-17.61M	-34.06M	-31.1M	-45.79M	-60.08M	-59.15M
Interest Income	993K	2.01M	2.8M	1.66M	392K	1.75M	8.82M	9.85M	7.89M	7.92M
Interest Expense	12.1M	15.9M	20.62M	17.29M	18M	35.8M	39.92M	55.63M	67.97M	67.06M
Other Income/Expense	-9.84M	-14.79M	-16.56M	-15.63M	-17.82M	-27.09M	-27.06M	-41.09M	-58.97M	-57.77M
Pretax Income	54.19M▲ 0%	44.62M▼ 17.7%	10.59M▼ 76.3%	21.61M▲ 104.2%	7.08M▼ 67.2%	-55.58M▼ 884.6%	17.64M▲ 131.7%	-311.59M▼ 1866.0%	131.78M▲ 142.3%	164.07M▲ 0%
Pretax Margin %	6.87%	5.26%	1.18%	2.37%	0.76%	-5.25%	1.6%	-26.97%	11.68%	14.41%
Income Tax	-11.74M	-219K	-1.32M	13.9M	1.39M	-10.17M	15.82M	-28.42M	16.81M	22.77M
Effective Tax Rate %	-21.66%	-0.49%	-12.5%	64.3%	19.55%	18.3%	89.68%	9.12%	12.76%	13.88%
Net Income	65.93M▲ 0%	44.84M▼ 32.0%	11.91M▼ 73.4%	7.72M▼ 35.2%	5.7M▼ 26.2%	-45.41M▼ 896.9%	1.82M▲ 104.0%	-283.17M▼ 15658.9%	114.97M▲ 140.6%	141.3M▲ 0%
Net Margin %	8.36%	5.28%	1.32%	0.84%	0.61%	-4.29%	0.16%	-24.51%	10.19%	12.41%
Net Income Growth %	58.82%	-31.99%	-73.44%	-35.19%	-26.16%	-896.89%	104.01%	-15658.9%	140.6%	149.44%
Net Income (Continuing)	73.63M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M	114.97M	141.3M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.38▲ 0%	0.93▼ 32.6%	0.25▼ 73.1%	0.16▼ 36.0%	0.12▼ 25.0%	-0.88▼ 833.3%	0.03▲ 103.9%	-5.60▼ 16619.2%	2.37▲ 142.3%	3.05▲ 0%
EPS Growth %	56.82%	-32.61%	-73.12%	-36%	-25%	-833.33%	103.85%	-16619.17%	142.32%	150.24%
EPS (Basic)	1.41	0.95	0.25	0.16	0.12	-0.88	0.03	-5.60	2.41	-
Diluted Shares Outstanding	47.78M	48.05M	48.31M	48.7M	48.23M	51.57M	53.72M	50.56M	48.47M	46.35M
Basic Shares Outstanding	46.67M	47.21M	47.7M	48.18M	47.41M	51.57M	52.55M	50.56M	47.68M	45.56M
Dividend Payout Ratio	34.99%	51.99%	198.24%	77.23%	-	-	-	-	-	-

BLKB Balance Sheet

Blackbaud, Inc. (BLKB) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	794.1M	597.98M	734.54M	819.06M	850.97M	918.64M	929.76M	976.31M	930.09M	642.22M
Cash & Short-Term Investments	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M	758.98M	41.7M
Cash Only	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M	758.98M	34.1M
Short-Term Investments	0	0	0	0	0	0	0	0	0	7.61M
Accounts Receivable	97.22M	88.35M	89.39M	95.72M	103.7M	103.06M	102.22M	83.54M	81.83M	83.3M
Days Sales Outstanding	45.01	38	36.24	38.26	40.8	35.55	33.75	26.39	26.47	32.26
Inventory	610.34M	418.98M	0	0	0	0	0	0	0	0
Days Inventory Outstanding	615.57	401.55	-	-	-	-	-	-	-	-
Other Current Assets	610.34M	418.98M	545.49M	609.22M	596.62M	783.89M	796.29M	825.14M	89.29M	517.22M
Total Non-Current Assets	965.32M	1.02B	1.26B	1.23B	2.11B	2.07B	1.98B	1.52B	1.46B	1.47B
Property, Plant & Equipment	42.24M	40.03M	139.95M	127.85M	165.31M	153.32M	135.62M	118.48M	89.71M	85.05M
Fixed Asset Turnover	18.66x	21.20x	6.43x	7.14x	5.61x	6.90x	8.15x	9.75x	12.58x	12.89x
Goodwill	530.25M	545.21M	634.09M	635.85M	1.08B	1.05B	1.05B	1.05B	1.06B	1.06B
Intangible Assets	368.75M	366.72M	419.2M	389.33M	795.33M	776.16M	742.13M	281.2M	262.5M	99.28M
Long-Term Investments	1.14M	2.26M	0	0	7.16M	31.87M	16.2M	9.26M	0	1.77M
Other Non-Current Assets	24.08M	65.36M	65.19M	72.64M	77.27M	94.3M	34.84M	57.96M	51.57M	383.47M
Total Assets	1.76B▲ 0%	1.62B▼ 8.2%	1.99B▲ 23.4%	2.04B▲ 2.6%	2.97B▲ 45.0%	2.99B▲ 0.9%	2.91B▼ 2.7%	2.5B▼ 14.3%	2.39B▼ 4.2%	2.11B▲ 0%
Asset Turnover	0.45x	0.53x	0.45x	0.45x	0.31x	0.35x	0.38x	0.46x	0.47x	0.49x
Asset Growth %	34.29%	-8.19%	23.38%	2.6%	45.02%	0.92%	-2.69%	-14.3%	-4.21%	-36.55%
Total Current Liabilities	976M	805.65M	988.84M	1.01B	1.11B	1.23B	1.2B	1.25B	1.18B	866.68M
Accounts Payable	24.69M	34.54M	47.68M	27.84M	22.07M	42.56M	25.18M	50.81M	27.34M	46.88M
Days Payables Outstanding	24.9	33.1	41.71	23.79	18.17	30.74	18.33	35.92	21.46	32.52
Short-Term Debt	8.58M	7.5M	7.5M	12.84M	18.7M	18.8M	25.96M	23.88M	22.66M	23.16M
Deferred Revenue (Current)	276.46M	295.99M	314.33M	312.24M	374.5M	382.42M	392.53M	359.53M	368.99M	1.49B
Other Current Liabilities	611.88M	420.73M	546.01M	608.26M	594.27M	700.86M	753.46M	817.88M	763.11M	462.64M
Current Ratio	0.81x	0.74x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x	0.79x	0.79x
Quick Ratio	0.19x	0.22x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x	0.79x	0.79x
Cash Conversion Cycle	635.67	406.45	-	-	-	-	-	-	-	-0.26
Total Non-Current Liabilities	476.52M	435.87M	607.36M	605.18M	1.14B	1.02B	906.44M	1.1B	1.12B	1.21B
Long-Term Debt	429.65M	379.62M	459.6M	518.19M	937.48M	840.24M	760.4M	1.05B	1.09B	1.16B
Capital Lease Obligations	0	0	95.62M	17.36M	53.39M	44.92M	40.09M	34.19M	4.61M	15.16M
Deferred Tax Liabilities	37.6M	44.29M	44.59M	54.09M	142.21M	125.76M	93.29M	9.52M	21.98M	68.33M
Other Non-Current Liabilities	5.63M	9.39M	5.74M	10.87M	1.34M	4.29M	10.26M	4.8M	2.53M	30.64M
Total Liabilities	1.45B	1.24B	1.6B	1.62B	2.25B	2.25B	2.1B	2.35B	2.31B	2.07B
Total Debt	438.22M	387.12M	562.72M	548.39M	1.01B	903.96M	826.45M	1.11B	1.12B	1.19B
Net Debt	408.39M	356.26M	530.91M	512.64M	954.42M	872.27M	795.2M	1.04B	359.93M	1.15B
Debt / Equity	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x	13.16x	13.16x
Debt / EBITDA	3.39x	3.16x	6.11x	5.58x	13.23x	24.38x	7.42x	-	4.04x	3.86x
Net Debt / EBITDA	3.16x	2.91x	5.76x	5.22x	12.51x	23.52x	7.14x	-	1.30x	1.30x
Interest Coverage	5.70x	4.49x	1.66x	2.48x	1.79x	0.93x	2.81x	3.24x	2.94x	3.45x
Total Equity	306.9M▲ 0%	373.78M▲ 21.8%	396.76M▲ 6.1%	426.15M▲ 7.4%	717.06M▲ 68.3%	744.03M▲ 3.8%	808.71M▲ 8.7%	141.99M▼ 82.4%	85.05M▼ 40.1%	34.55M▲ 0%
Equity Growth %	23.98%	21.79%	6.15%	7.41%	68.26%	3.76%	8.69%	-82.44%	-40.1%	-200.83%
Book Value per Share	6.42	7.78	8.21	8.75	14.87	14.43	15.05	2.81	1.75	0.75
Total Shareholders' Equity	306.9M	373.78M	396.76M	426.15M	717.06M	744.03M	808.71M	141.99M	85.05M	34.55M
Common Stock	59K	59K	60K	61K	66K	68K	69K	71K	72K	74K
Retained Earnings	195.65M	246.48M	234.85M	236.71M	242.46M	197.05M	198.87M	-84.3M	15.51M	46.65M
Treasury Stock	-239.2M	-266.88M	-290.67M	-353.09M	-500.91M	-537.29M	-591.56M	-1.06B	-1.32B	-1.42B
Accumulated OCI	-649K	-5.11M	-5.29M	-2.5M	6.52M	8.94M	-1.69M	-4.87M	-5.95M	-3.85M
Minority Interest	0	0	0	0	0	0	0	0	0	0

BLKB Cash Flow Statement

Blackbaud, Inc. (BLKB) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	176.29M	201.38M	182.48M	147.96M	213.66M	203.89M	199.63M	295.97M	265.55M	265.55M
Operating CF Margin %	22.36%	23.73%	20.27%	16.2%	23.03%	19.27%	18.06%	25.61%	23.53%	-
Operating CF Growth %	14.75%	14.24%	-9.39%	-18.92%	44.41%	-4.57%	-2.09%	48.26%	-10.28%	3644.57%
Net Income	65.93M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M	114.97M	141.3M
Depreciation & Amortization	73.95M	79.57M	85.69M	92.73M	82.41M	102.37M	109.49M	121.67M	86.22M	49.14M
Stock-Based Compensation	40.63M	48.27M	58.63M	87.26M	120.38M	110.29M	127.76M	104.97M	92.91M	72.79M
Deferred Taxes	-14.33M	-619K	-3.6M	8.84M	-2.43M	-26.64M	-24.37M	-85.01M	-181K	22.45M
Other Non-Cash Items	13.03M	5.73M	14.38M	16.97M	23.51M	14.11M	11.3M	416.98M	1.69M	46.85M
Working Capital Changes	-2.92M	23.59M	15.46M	-65.56M	-15.91M	49.17M	-26.36M	20.54M	-30.05M	-16.85M
Change in Receivables	-15.75M	2.17M	-6.57M	-18.41M	-6.53M	-7.34M	-3.24M	4.73M	-938K	-2.1M
Change in Inventory	-11.12M	-7.24M	0	0	0	0	0	0	0	0
Change in Payables	1.02M	9.49M	12.9M	-20M	-9.67M	21.61M	-18.58M	28.34M	-23.54M	374K
Cash from Investing	-184.88M	-97.79M	-167.22M	-71.85M	-471.27M	-85.55M	-64.39M	-73.41M	-74.94M	-63.51M
Capital Expenditures	-38.55M	-52.35M	-11.49M	-29.69M	-11.66M	-12.29M	-4.68M	-7.44M	-7.77M	-22.71M
CapEx % of Revenue	4.89%	6.17%	1.28%	3.25%	1.26%	1.16%	0.42%	0.64%	0.69%	-
Acquisitions	-146.79M	-44.94M	-109.35M	0	-419.12M	-14.49M	-13K	0	0	-12.94M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-27.88M	-500K	-46.37M	-42.16M	-40.49M	-58.77M	-59.69M	-65.97M	-67.17M	-27.86M
Cash from Financing	278.64M	-291.91M	111.21M	-10.68M	264.11M	-25.69M	-142.97M	-139.35M	-247.4M	-260.13M
Debt Issued (Net)	95.38M	-51.58M	79.5M	937K	429.23M	-99.74M	-81.39M	290.23M	34.72M	-31.03M
Equity Issued (Net)	0	0	0	-41M	-108.42M	-36.38M	-18.83M	-418.03M	-217.15M	-199.22M
Dividends Paid	-23.07M	-23.31M	-23.61M	-5.96M	0	0	0	0	0	0
Share Repurchases	-23.96M	-27.68M	0	-41M	-108.42M	-36.38M	-18.83M	-474.86M	-217.15M	-199.22M
Other Financing	206.33M	-217.02M	55.32M	35.34M	-56.7M	110.43M	-42.74M	-11.55M	-64.96M	-29.88M
Net Change in Cash	269.5M▲ 0%	-190.33M▼ 170.6%	127.45M▲ 167.0%	67.67M▼ 46.9%	6.79M▼ 90.0%	82.17M▲ 1109.6%	-5.67M▼ 106.9%	81.25M▲ 1532.1%	-50.54M▼ 162.2%	-3.88M▲ 0%
Free Cash Flow	137.74M▲ 0%	149.04M▲ 8.2%	124.11M▼ 16.7%	76.11M▼ 38.7%	161.51M▲ 112.2%	132.83M▼ 17.8%	135.51M▲ 2.0%	288.52M▲ 112.9%	257.78M▼ 10.7%	292.06M▲ 0%
FCF Margin %	17.47%	17.56%	13.78%	8.33%	17.41%	12.55%	12.26%	24.97%	22.85%	25.64%
FCF Growth %	25.7%	8.2%	-16.72%	-38.68%	112.21%	-17.76%	2.01%	112.92%	-10.65%	38.83%
FCF per Share	2.88	3.10	2.57	1.56	3.35	2.58	2.52	5.71	5.32	5.32
FCF Conversion (FCF/Net Income)	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x	2.31x	2.07x
Interest Paid	10.61M	15.26M	19.93M	15.72M	16.39M	33.37M	38.05M	51.88M	0	0
Taxes Paid	5.61M	-7.14M	383K	3.56M	10.07M	9.67M	35.62M	60.67M	0	0

BLKB Key Ratios

Blackbaud, Inc. (BLKB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	23.78%	13.18%	3.09%	1.88%	1%	-6.22%	0.23%	-59.57%	101.27%	179%
Return on Invested Capital (ROIC)	7.94%	6.17%	2.46%	2.99%	1.43%	-1.3%	2.08%	-14.56%	17.57%	17.57%
Gross Margin	54.11%	55.12%	53.66%	53.22%	52.23%	52.24%	54.64%	55.32%	58.78%	59.19%
Net Margin	8.36%	5.28%	1.32%	0.84%	0.61%	-4.29%	0.16%	-24.51%	10.19%	12.41%
Debt / Equity	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x	13.16x	13.16x
Interest Coverage	5.70x	4.49x	1.66x	2.48x	1.79x	0.93x	2.81x	3.24x	2.94x	3.45x
FCF Conversion	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x	2.31x	2.07x
Revenue Growth	7.87%	7.65%	6.11%	1.42%	1.59%	14.05%	4.47%	4.53%	-2.35%	-0.69%

BLKB SEC Filings & Documents

Blackbaud, Inc. (BLKB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Feb 10, 2026·SEC

Material company update

Dec 22, 2025·SEC

10-K Annual Reports

FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Jul 30, 2025·SEC

BLKB Frequently Asked Questions

Blackbaud, Inc. (BLKB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Blackbaud, Inc. (BLKB) reported $1.14B in revenue for fiscal year 2025. This represents a 1132% increase from $92.5M in 1999.

Blackbaud, Inc. (BLKB) saw revenue decline by 2.3% over the past year.

Yes, Blackbaud, Inc. (BLKB) is profitable, generating $141.3M in net income for fiscal year 2025 (10.2% net margin).

Dividend & Returns

Blackbaud, Inc. (BLKB) has a return on equity (ROE) of 101.3%. This is excellent, indicating efficient use of shareholder capital.

Blackbaud, Inc. (BLKB) generated $292.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Blackbaud, Inc.(BLKB)Earnings, Financials & Key Ratios

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