Blackbaud Inc
BLKB- Exchange
- Nasdaq
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001280058
In the last 90 days, Blackbaud Inc insiders filed 0 open-market purchases and 4 sales; 283 institutions reported holding it in 13F filings for Q2 2026, worth $1.47B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:13 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Revenue | $1.13B | $1.16B | $1.11B | $1.06B | $927.7M |
| Cost of revenue | $465.1M | $516.3M | $502.2M | $505.4M | $443.2M |
| Gross profit | $663.3M | $639.2M | $603.2M | $552.7M | $484.5M |
| Operating expenses | $472.5M | $909.7M | $558.5M | $581.2M | $459.6M |
| Research and development | $138.1M | $160.6M | $153.3M | $156.9M | $124.6M |
| Selling, general and administrative | $154.6M | $142.7M | $189.9M | $199.9M | $146.3M |
| Operating income | $190.8M | -$270.5M | $44.7M | -$28.5M | $24.9M |
| Interest expense | $68.0M | $55.6M | $39.9M | $35.8M | $18.0M |
| Income tax | $16.8M | -$28.4M | $15.8M | -$10.2M | $1.39M |
| Net income | $115.0M | -$283.2M | $1.82M | -$45.4M | $5.70M |
| EPS, basic | $2.41 | $-5.60 | $0.03 | $-0.88 | $0.12 |
| EPS, diluted | $2.37 | $-5.60 | $0.03 | $-0.88 | $0.12 |
| Weighted shares, basic | 47.7M | 50.6M | 52.5M | 51.6M | 47.4M |
| Weighted shares, diluted | 48.5M | 50.6M | 53.7M | 51.6M | 48.2M |
| Margins and growth | |||||
| Gross margin | 58.8% | 55.3% | 54.6% | 52.2% | 52.2% |
| Operating margin | 16.9% | -23.4% | 4.0% | -2.7% | 2.7% |
| Net margin | 10.2% | -24.5% | 0.2% | -4.3% | 0.6% |
| Revenue growth, year over year | −2.3% | +4.5% | +4.5% | +14.1% | +1.6% |
| Net income growth, year over year | – | −15,658.9% | – | −896.9% | −26.2% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Cash and equivalents | $38.9M | $67.6M | $31.3M | $31.7M | $55.1M |
| Accounts receivable | $80.5M | $83.5M | $101.9M | $102.8M | $102.7M |
| Total current assets | $930.1M | $976.3M | $929.8M | $918.6M | $851.0M |
| Property, plant and equipment | $85.1M | $91.9M | $98.7M | $107.4M | $111.4M |
| Goodwill | $1.06B | $1.05B | $1.05B | $1.05B | $1.06B |
| Intangible assets | $106.7M | $132.9M | $581.9M | $635.1M | $698.1M |
| Total assets | $2.39B | $2.50B | $2.91B | $2.99B | $2.97B |
| Short-term debt | $22.7M | $23.9M | $19.3M | $18.8M | $18.7M |
| Total current liabilities | $1.18B | $1.25B | $1.20B | $1.23B | $1.11B |
| Long-term debt | $1.09B | $1.05B | $760.4M | $840.2M | $937.5M |
| Total liabilities | $2.31B | $2.35B | $2.10B | $2.25B | $2.25B |
| Shareholders' equity | $85.1M | $142.0M | $808.7M | $744.0M | $717.1M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 18, 2025 | Feb 12, 2024 | Feb 13, 2023 | Feb 22, 2022 |
| Operating cash flow | $265.6M | $296.0M | $199.6M | $203.9M | $213.7M |
| Capital expenditures | $7.77M | $7.44M | $4.68M | $12.3M | $11.7M |
| Free cash flow | $257.8M | $288.5M | $194.9M | $191.6M | $202.0M |
| Depreciation and amortization | $86.2M | $121.7M | $109.5M | $102.4M | $82.4M |
| Stock-based compensation | $92.9M | $105.0M | $127.8M | $110.3M | $120.4M |
| Dividends paid | – | – | – | $0 | $0 |
| Share buybacks | $217.2M | $418.0M | $18.8M | $0 | $108.4M |
| Investing cash flow | -$74.9M | -$73.4M | -$64.4M | -$85.5M | -$471.3M |
| Financing cash flow | -$247.4M | -$139.4M | -$143.0M | -$25.7M | $264.1M |
| Net change in cash | -$50.5M | $81.3M | -$5.67M | $82.2M | $6.79M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 8.2% | 9.1% | 11.6% | 10.4% | 13.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.