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Side-by-side financial comparison of AVISTA CORP (AVA) and BLACKBAUD INC (BLKB). Click either name above to swap in a different company.

AVISTA CORP is the larger business by last-quarter revenue ($533.0M vs $281.1M, roughly 1.9× BLACKBAUD INC). AVISTA CORP runs the higher net margin — 13.3% vs 11.1%, a 2.2% gap on every dollar of revenue. On growth, BLACKBAUD INC posted the faster year-over-year revenue change (4.2% vs 0.0%). BLACKBAUD INC produced more free cash flow last quarter ($37.0M vs $-116.0M). Over the past eight quarters, BLACKBAUD INC's revenue compounded faster (-1.1% CAGR vs -6.5%).

Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a popul...

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.

AVA vs BLKB — Head-to-Head

Bigger by revenue
AVA
AVA
1.9× larger
AVA
$533.0M
$281.1M
BLKB
Growing faster (revenue YoY)
BLKB
BLKB
+4.1% gap
BLKB
4.2%
0.0%
AVA
Higher net margin
AVA
AVA
2.2% more per $
AVA
13.3%
11.1%
BLKB
More free cash flow
BLKB
BLKB
$153.0M more FCF
BLKB
$37.0M
$-116.0M
AVA
Faster 2-yr revenue CAGR
BLKB
BLKB
Annualised
BLKB
-1.1%
-6.5%
AVA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVA
AVA
BLKB
BLKB
Revenue
$533.0M
$281.1M
Net Profit
$71.0M
$31.1M
Gross Margin
59.2%
Operating Margin
21.0%
18.3%
Net Margin
13.3%
11.1%
Revenue YoY
0.0%
4.2%
Net Profit YoY
5.7%
620.3%
EPS (diluted)
$0.87
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVA
AVA
BLKB
BLKB
Q1 26
$281.1M
Q4 25
$533.0M
$295.3M
Q3 25
$403.0M
$281.1M
Q2 25
$411.0M
$282.0M
Q1 25
$617.0M
$269.9M
Q4 24
$532.8M
$302.1M
Q3 24
$393.7M
$286.6M
Q2 24
$402.1M
$287.3M
Net Profit
AVA
AVA
BLKB
BLKB
Q1 26
$31.1M
Q4 25
$71.0M
$36.7M
Q3 25
$29.0M
$47.5M
Q2 25
$14.0M
$26.5M
Q1 25
$79.0M
$4.3M
Q4 24
$67.2M
$-346.4M
Q3 24
$18.5M
$18.3M
Q2 24
$22.9M
$21.2M
Gross Margin
AVA
AVA
BLKB
BLKB
Q1 26
59.2%
Q4 25
58.3%
Q3 25
59.6%
Q2 25
59.7%
Q1 25
57.5%
Q4 24
53.8%
Q3 24
54.9%
Q2 24
56.0%
Operating Margin
AVA
AVA
BLKB
BLKB
Q1 26
18.3%
Q4 25
21.0%
20.0%
Q3 25
14.9%
19.4%
Q2 25
13.9%
20.3%
Q1 25
20.3%
7.3%
Q4 24
19.1%
-121.5%
Q3 24
12.4%
14.4%
Q2 24
13.5%
14.4%
Net Margin
AVA
AVA
BLKB
BLKB
Q1 26
11.1%
Q4 25
13.3%
12.4%
Q3 25
7.2%
16.9%
Q2 25
3.4%
9.4%
Q1 25
12.8%
1.6%
Q4 24
12.6%
-114.6%
Q3 24
4.7%
6.4%
Q2 24
5.7%
7.4%
EPS (diluted)
AVA
AVA
BLKB
BLKB
Q1 26
$0.67
Q4 25
$0.87
$0.75
Q3 25
$0.36
$0.98
Q2 25
$0.17
$0.55
Q1 25
$0.98
$0.09
Q4 24
$0.86
$-6.82
Q3 24
$0.23
$0.35
Q2 24
$0.29
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVA
AVA
BLKB
BLKB
Cash + ST InvestmentsLiquidity on hand
$19.0M
$34.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$34.6M
Total Assets
$8.4B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVA
AVA
BLKB
BLKB
Q1 26
$34.1M
Q4 25
$19.0M
$38.9M
Q3 25
$44.0M
$38.3M
Q2 25
$9.0M
$41.6M
Q1 25
$17.0M
$37.2M
Q4 24
$30.0M
$67.6M
Q3 24
$9.1M
$34.6M
Q2 24
$14.6M
$30.4M
Total Debt
AVA
AVA
BLKB
BLKB
Q1 26
Q4 25
$1.1B
Q3 25
Q2 25
Q1 25
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
AVA
AVA
BLKB
BLKB
Q1 26
$34.6M
Q4 25
$2.7B
$85.1M
Q3 25
$2.6B
$108.2M
Q2 25
$2.6B
$72.7M
Q1 25
$2.6B
$17.5M
Q4 24
$2.6B
$126.8M
Q3 24
$2.5B
$544.8M
Q2 24
$2.5B
$577.5M
Total Assets
AVA
AVA
BLKB
BLKB
Q1 26
$2.1B
Q4 25
$8.4B
$2.4B
Q3 25
$8.2B
$2.1B
Q2 25
$8.1B
$2.6B
Q1 25
$8.0B
$2.1B
Q4 24
$7.9B
$2.5B
Q3 24
$7.8B
$2.6B
Q2 24
$7.7B
$3.0B
Debt / Equity
AVA
AVA
BLKB
BLKB
Q1 26
Q4 25
13.06×
Q3 25
Q2 25
Q1 25
Q4 24
8.50×
Q3 24
1.84×
Q2 24
1.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVA
AVA
BLKB
BLKB
Operating Cash FlowLast quarter
$75.0M
$51.5M
Free Cash FlowOCF − Capex
$-116.0M
$37.0M
FCF MarginFCF / Revenue
-21.8%
13.2%
Capex IntensityCapex / Revenue
35.8%
Cash ConversionOCF / Net Profit
1.06×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$-101.0M
$294.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVA
AVA
BLKB
BLKB
Q1 26
$51.5M
Q4 25
$75.0M
$58.0M
Q3 25
$170.0M
$139.2M
Q2 25
$40.0M
$66.9M
Q1 25
$184.0M
$1.4M
Q4 24
$89.8M
$73.6M
Q3 24
$127.2M
$104.0M
Q2 24
$126.8M
$53.1M
Free Cash Flow
AVA
AVA
BLKB
BLKB
Q1 26
$37.0M
Q4 25
$-116.0M
$55.0M
Q3 25
$37.0M
$135.7M
Q2 25
$-103.0M
$66.3M
Q1 25
$81.0M
$712.0K
Q4 24
$-37.8M
$73.4M
Q3 24
$-27.0M
$102.9M
Q2 24
$-5.7M
$48.0M
FCF Margin
AVA
AVA
BLKB
BLKB
Q1 26
13.2%
Q4 25
-21.8%
18.6%
Q3 25
9.2%
48.3%
Q2 25
-25.1%
23.5%
Q1 25
13.1%
0.3%
Q4 24
-7.1%
24.3%
Q3 24
-6.9%
35.9%
Q2 24
-1.4%
16.7%
Capex Intensity
AVA
AVA
BLKB
BLKB
Q1 26
Q4 25
35.8%
1.0%
Q3 25
33.0%
1.2%
Q2 25
34.8%
0.2%
Q1 25
16.7%
0.3%
Q4 24
23.9%
0.1%
Q3 24
39.2%
0.4%
Q2 24
33.0%
1.8%
Cash Conversion
AVA
AVA
BLKB
BLKB
Q1 26
1.65×
Q4 25
1.06×
1.58×
Q3 25
5.86×
2.93×
Q2 25
2.86×
2.53×
Q1 25
2.33×
0.32×
Q4 24
1.34×
Q3 24
6.88×
5.69×
Q2 24
5.55×
2.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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