Blackbaud financials
$41.43−2.20%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.15B | $1.11B | $1.06B | $927.7M | $913.2M | $900.4M | $848.6M | $788.5M | $731.6M |
| Gross profit | $663.3M | $631.4M | $599.1M | $552.7M | $484.5M | $485.2M | $482.0M | $466.9M | $426.6M | $392.4M |
| Gross margin | 58.8% | 54.7% | 54.1% | 52.2% | 52.2% | 53.1% | 53.5% | 55.0% | 54.1% | 53.6% |
| Operating income | $190.8M | $134.0M | $46.4M | -$28.5M | $24.9M | $37.2M | $27.1M | $59.4M | $68.2M | $68.2M |
| Net income | $115.0M | -$299.5M | $3.0M | -$45.4M | $5.7M | $7.7M | $11.9M | $44.8M | $73.6M | $45.4M |
| Net margin | 10.2% | −25.9% | 0.3% | −4.3% | 0.6% | 0.8% | 1.3% | 5.3% | 9.3% | 6.2% |
| Diluted EPS | $2.37 | $-5.92 | $0.06 | $-0.88 | $0.12 | $0.16 | $0.25 | $0.93 | $1.54 | $0.96 |
| EBITDA | $277.0M | $255.6M | $155.8M | $73.9M | $107.6M | $130.2M | $118.6M | $143.6M | $142.9M | $138.7M |
| Operating cash flow | $265.6M | $296.0M | $199.6M | $315.7M | $213.7M | $148.0M | $182.5M | $201.4M | $176.3M | $153.6M |
| Free cash flow | $257.8M | $288.5M | $194.9M | $303.4M | $202.0M | $118.3M | $171.0M | $186.7M | $166.1M | $135.9M |
| Diluted shares | 48.5M | 50.6M | 53.7M | 51.6M | 48.2M | 48.7M | 48.3M | 48.0M | 47.8M | 47.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $38.9M | $67.6M | $31.3M | $31.7M | $31.7M | $35.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.11B | $1.07B | $779.7M | $859.0M | $859.0M | $531.0M |
| Total assets | $2.39B | $2.50B | $2.91B | $2.99B | $2.99B | $2.04B |
| Total liabilities | $2.31B | $2.37B | $2.10B | $2.25B | $2.25B | $1.62B |
| Shareholders' equity | $85.1M | $126.8M | $808.7M | $744.0M | $744.0M | $426.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology