BLACKBAUD INCBLKBEarnings & Financial Report
Blackbaud, Inc. is a cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.
Revenue
$287.3M
Gross Profit
$160.9M
Operating Profit
$41.4M
Net Profit
$21.2M
Gross Margin
56.0%
Operating Margin
14.4%
Net Margin
7.4%
YoY Growth
6.0%
EPS
$0.41
BLACKBAUD INC Q2 FY2024 Financial Summary
BLACKBAUD INC reported revenue of $287.3M (up 6.0% YoY) for Q2 FY2024, with a net profit of $21.2M (up 909.2% YoY) (7.4% margin). Cost of goods sold was $126.4M, operating expenses totaled $119.5M.
Key Financial Metrics
| Total Revenue | $287.3M |
|---|---|
| Net Profit | $21.2M |
| Gross Margin | 56.0% |
| Operating Margin | 14.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
BLACKBAUD INC Q2 FY2024 revenue of $287.3M breaks down across 3 segments, led by Contractual Recurring at $193.5M (67.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Contractual Recurring | $193.5M | 67.4% |
| Transactional Recurring | $87.8M | 30.6% |
| Technology Service | $5.9M | 2.1% |
BLACKBAUD INC Revenue by Segment — Quarterly Trend
BLACKBAUD INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Contractual Recurring and Transactional Recurring) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Contractual Recurring | — | $182.7M | $183.0M | $180.2M |
| Transactional Recurring | — | $108.0M | $92.8M | $95.4M |
BLACKBAUD INC Annual Revenue by Year
BLACKBAUD INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.2B |
| 2023 | $1.1B |
| 2022 | $1.1B |
BLACKBAUD INC Quarterly Revenue & Net Profit History
BLACKBAUD INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $281.1M | +4.2% | $31.1M | 11.1% |
| Q4 FY2025 | $295.3M | -2.3% | $36.7M | 12.4% |
| Q3 FY2025 | $281.1M | -1.9% | $47.5M | 16.9% |
| Q2 FY2025 | $282.0M | -1.8% | $26.5M | 9.4% |
| Q1 FY2025 | $269.9M | -3.1% | $4.3M | 1.6% |
| Q4 FY2024 | $302.1M | +1.8% | $-346.4M | -114.6% |
| Q3 FY2024 | $286.6M | +3.2% | $18.3M | 6.4% |
| Q2 FY2024 | $287.3M | +6.0% | $21.2M | 7.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $287.3M | $286.6M | $302.1M | $269.9M | $282.0M | $281.1M | $295.3M | $281.1M |
| YoY Growth | 6.0% | 3.2% | 1.8% | -3.1% | -1.8% | -1.9% | -2.3% | 4.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.04B | $2.60B | $2.50B | $2.10B | $2.63B | $2.10B | $2.39B | $2.11B |
| Liabilities | $2.47B | $2.06B | $2.37B | $2.08B | $2.56B | $2.00B | $2.31B | $2.07B |
| Equity | $577.5M | $544.8M | $126.8M | $17.5M | $72.7M | $108.2M | $85.1M | $34.6M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $53.1M | $104.0M | $73.6M | $1.4M | $66.9M | $139.2M | $58.0M | $51.5M |