Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Blackbaud, Inc.'s quarterly P/E stands at 14.4x, down 90.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 59.4% YoY to 10.2x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 15.95 | 14.41 | 20.83 | 16.36 | 29.73 | 157.65 | — | 60.49 | 45.34 | 185.35 | 216.75 | 103.41 | 453.95 |
| — | -90.9% | — | -72.9% | -34.4% | -14.9% | — | -41.5% | -90.0% | — | — | — | — | |
| P/S Ratio | 1.54 | 1.59 | 2.57 | 2.77 | 2.75 | 2.83 | 3.00 | 3.81 | 3.43 | 3.55 | 4.00 | 3.43 | 3.52 |
| — | -43.8% | -14.3% | -27.5% | -19.6% | -20.1% | -25.0% | +11.4% | -2.7% | +2.7% | +44.4% | +57.2% | +24.4% | |
| P/B Ratio | 21.55 | 51.79 | 35.70 | 28.76 | 35.22 | 92.48 | 25.54 | 8.03 | 6.82 | 7.42 | 5.84 | 4.75 | 5.02 |
| — | -44.0% | +39.8% | +258.0% | +416.6% | +1147.2% | +337.5% | +69.0% | +35.9% | +47.7% | +42.7% | +52.9% | +20.4% | |
| P/FCF | 6.74 | 8.99 | 13.79 | 5.73 | 15.04 | 1095.74 | 12.35 | 12.37 | 20.52 | 19.30 | — | 7.52 | 18.43 |
| — | -99.2% | +11.6% | -53.7% | -26.7% | +5576.4% | — | +64.6% | +11.3% | -86.2% | — | +38.6% | +32.8% | |
| EV / EBITDA | 7.57 | 10.22 | 10.52 | 13.65 | 13.47 | 25.19 | — | 18.60 | 17.12 | 30.74 | 22.89 | 22.80 | 43.98 |
| — | -59.4% | — | -26.6% | -21.4% | -18.1% | — | -18.4% | -61.1% | -52.9% | -76.1% | -47.1% | +14.3% | |
| EV / EBIT | 10.99 | 13.66 | 13.77 | 17.92 | 18.26 | 47.04 | 18.54 | 30.43 | 26.83 | 89.20 | 31.73 | 34.44 | 44.43 |
| — | -71.0% | -25.7% | -41.1% | -32.0% | -47.3% | -41.6% | -11.6% | -39.6% | -27.9% | -37.2% | -60.1% | -40.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Blackbaud, Inc.'s operating margin was 18.3% in Q1 2026, down 1.7 pp QoQ and up 10.8 pp YoY. The trailing four-quarter average of 19.5% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.8% | 59.2% | 58.4% | 59.6% | 59.6% | 57.6% | 54.4% | 54.9% | 56.6% | 54.8% | 54.0% | 56.1% | 55.2% |
| — | +2.9% | +7.3% | +8.5% | +5.3% | +5.1% | +0.8% | -2.2% | +2.5% | +3.0% | +5.1% | +4.5% | +4.7% | |
| Operating Margin | 16.9% | 18.3% | 20.0% | 19.4% | 20.1% | 7.5% | -121.5% | 14.4% | 14.7% | 3.8% | 11.0% | 7.9% | 0.1% |
| — | +142.4% | +116.5% | +35.2% | +37.5% | +96.6% | -1209.0% | +80.8% | +13403.8% | +201.0% | +293.6% | +395.9% | +431.9% | |
| Net Margin | 10.2% | 11.1% | 12.4% | 16.9% | 9.2% | 1.8% | -109.4% | 6.4% | 7.6% | 1.9% | 1.8% | 3.2% | 0.8% |
| — | +515.9% | +111.4% | +164.7% | +21.7% | -4.3% | -6080.0% | +96.5% | +877.3% | +133.4% | +123.7% | +182.2% | +160.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 101.3% | 52.1% | 38.0% | 48.4% | 42.9% | 5.6% | -96.4% | 3.3% | 3.9% | 0.8% | 0.7% | 1.2% | 0.3% |
| — | +837.0% | +139.4% | +1384.9% | +993.3% | +611.2% | -14460.5% | +182.4% | +1280.6% | +138.9% | +123.3% | +181.3% | +159.2% | |
| ROA | 4.7% | 1.4% | 1.6% | 2.0% | 1.1% | 0.2% | -13.0% | 0.6% | 0.8% | 0.2% | 0.2% | 0.3% | 0.1% |
| — | +553.8% | +112.6% | +209.5% | +40.8% | +10.2% | -6729.0% | +104.7% | +962.4% | +136.8% | +125.9% | +183.6% | +158.5% | |
| ROIC | 17.6% | 4.7% | 5.6% | 3.5% | 3.5% | 1.3% | -20.2% | 2.0% | 2.0% | 0.5% | 1.5% | 1.0% | 0.0% |
| — | +268.6% | +127.7% | +77.9% | +78.4% | +154.6% | -1414.4% | +88.7% | +14503.0% | +209.5% | +312.4% | +425.0% | +462.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Blackbaud, Inc.'s Debt/EBITDA ratio is 16.5x, up from 13.9x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 13.16 | 34.33 | 13.16 | 9.90 | 13.25 | 36.45 | 7.81 | 1.90 | 1.84 | 2.03 | 1.01 | 0.99 | 1.18 |
| — | -5.8% | +68.4% | +420.2% | +619.8% | +1694.0% | +670.6% | +92.5% | +56.2% | +57.0% | -16.6% | -20.3% | -14.8% | |
| Debt / EBITDA | 4.04 | 16.48 | 13.86 | 14.12 | 14.87 | 28.74 | — | 14.35 | 14.65 | 26.58 | 13.62 | 15.81 | 33.68 |
| — | -42.7% | — | -1.6% | +1.5% | +8.1% | — | -9.2% | -56.5% | -50.5% | -84.6% | -68.1% | -12.9% | |
| Current Ratio | 0.79 | 0.74 | 0.79 | 0.69 | 0.84 | 0.73 | 0.78 | 0.68 | 0.80 | 0.67 | 0.78 | 0.62 | 0.77 |
| — | +2.0% | +0.9% | +0.9% | +4.5% | +8.6% | +0.4% | +10.2% | +4.2% | -0.2% | +4.0% | -1.7% | +5.0% | |
| Quick Ratio | 0.79 | 0.74 | 0.79 | 0.69 | 0.84 | 0.73 | 0.78 | 0.68 | 0.80 | 0.67 | 0.78 | 0.62 | 0.77 |
| — | +2.0% | +0.9% | +0.9% | +4.5% | +8.6% | +0.4% | +10.2% | +4.2% | -0.2% | +4.0% | -1.7% | +5.0% | |
| Interest Coverage | 2.94 | 3.36 | 3.89 | 3.45 | 3.14 | 1.33 | 4.06 | 3.12 | 2.95 | 1.37 | 5.12 | 3.44 | 2.36 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Blackbaud, Inc.'s current P/E is 16.0x. The average P/E over the last 4 quarters is 20.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Blackbaud, Inc.'s current operating margin is 16.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Blackbaud, Inc.'s business trajectory between earnings reports.