vs

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

NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($440.9M vs $281.1M, roughly 1.6× BLACKBAUD INC). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 11.1%, a 16.7% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 4.2%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (0.9% CAGR vs -1.1%).

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.

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

BLKB vs NJR — Head-to-Head

Bigger by revenue
NJR
NJR
1.6× larger
NJR
$440.9M
$281.1M
BLKB
Growing faster (revenue YoY)
NJR
NJR
+18.7% gap
NJR
22.8%
4.2%
BLKB
Higher net margin
NJR
NJR
16.7% more per $
NJR
27.8%
11.1%
BLKB
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
0.9%
-1.1%
BLKB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLKB
BLKB
NJR
NJR
Revenue
$281.1M
$440.9M
Net Profit
$31.1M
$122.5M
Gross Margin
59.2%
Operating Margin
18.3%
40.6%
Net Margin
11.1%
27.8%
Revenue YoY
4.2%
22.8%
Net Profit YoY
620.3%
-6.7%
EPS (diluted)
$0.67
$1.21

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
BLKB
BLKB
NJR
NJR
Q1 26
$281.1M
Q4 25
$295.3M
$440.9M
Q3 25
$281.1M
$188.3M
Q2 25
$282.0M
$234.8M
Q1 25
$269.9M
$569.2M
Q4 24
$302.1M
$359.0M
Q3 24
$286.6M
$265.7M
Q2 24
$287.3M
$209.9M
Net Profit
BLKB
BLKB
NJR
NJR
Q1 26
$31.1M
Q4 25
$36.7M
$122.5M
Q3 25
$47.5M
$15.1M
Q2 25
$26.5M
$-15.1M
Q1 25
$4.3M
$204.3M
Q4 24
$-346.4M
$131.3M
Q3 24
$18.3M
$91.1M
Q2 24
$21.2M
$-11.6M
Gross Margin
BLKB
BLKB
NJR
NJR
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
BLKB
BLKB
NJR
NJR
Q1 26
18.3%
Q4 25
20.0%
40.6%
Q3 25
19.4%
21.5%
Q2 25
20.3%
-0.5%
Q1 25
7.3%
49.2%
Q4 24
-121.5%
52.8%
Q3 24
14.4%
55.0%
Q2 24
14.4%
2.8%
Net Margin
BLKB
BLKB
NJR
NJR
Q1 26
11.1%
Q4 25
12.4%
27.8%
Q3 25
16.9%
8.0%
Q2 25
9.4%
-6.4%
Q1 25
1.6%
35.9%
Q4 24
-114.6%
36.6%
Q3 24
6.4%
34.3%
Q2 24
7.4%
-5.5%
EPS (diluted)
BLKB
BLKB
NJR
NJR
Q1 26
$0.67
Q4 25
$0.75
$1.21
Q3 25
$0.98
$0.15
Q2 25
$0.55
$-0.15
Q1 25
$0.09
$2.02
Q4 24
$-6.82
$1.31
Q3 24
$0.35
$0.91
Q2 24
$0.41
$-0.12

Balance Sheet & Financial Strength

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

Metric
BLKB
BLKB
NJR
NJR
Cash + ST InvestmentsLiquidity on hand
$34.1M
$2.4M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$34.6M
$2.5B
Total Assets
$2.1B
$7.9B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLKB
BLKB
NJR
NJR
Q1 26
$34.1M
Q4 25
$38.9M
$2.4M
Q3 25
$38.3M
$591.0K
Q2 25
$41.6M
$931.0K
Q1 25
$37.2M
$83.7M
Q4 24
$67.6M
$1.9M
Q3 24
$34.6M
$1.0M
Q2 24
$30.4M
$22.4M
Total Debt
BLKB
BLKB
NJR
NJR
Q1 26
Q4 25
$1.1B
$3.3B
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$1.1B
$3.0B
Q3 24
$1.0B
$2.9B
Q2 24
$1.0B
$2.8B
Stockholders' Equity
BLKB
BLKB
NJR
NJR
Q1 26
$34.6M
Q4 25
$85.1M
$2.5B
Q3 25
$108.2M
$2.4B
Q2 25
$72.7M
$2.4B
Q1 25
$17.5M
$2.5B
Q4 24
$126.8M
$2.3B
Q3 24
$544.8M
$2.2B
Q2 24
$577.5M
$2.1B
Total Assets
BLKB
BLKB
NJR
NJR
Q1 26
$2.1B
Q4 25
$2.4B
$7.9B
Q3 25
$2.1B
$7.6B
Q2 25
$2.6B
$7.3B
Q1 25
$2.1B
$7.3B
Q4 24
$2.5B
$7.2B
Q3 24
$2.6B
$7.0B
Q2 24
$3.0B
$6.8B
Debt / Equity
BLKB
BLKB
NJR
NJR
Q1 26
Q4 25
13.06×
1.32×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
8.50×
1.29×
Q3 24
1.84×
1.31×
Q2 24
1.78×
1.30×

Cash Flow & Capital Efficiency

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

Metric
BLKB
BLKB
NJR
NJR
Operating Cash FlowLast quarter
$51.5M
$26.7M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.65×
0.22×
TTM Free Cash FlowTrailing 4 quarters
$294.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLKB
BLKB
NJR
NJR
Q1 26
$51.5M
Q4 25
$58.0M
$26.7M
Q3 25
$139.2M
$81.2M
Q2 25
$66.9M
$-28.9M
Q1 25
$1.4M
$423.0M
Q4 24
$73.6M
$-9.0M
Q3 24
$104.0M
$64.5M
Q2 24
$53.1M
$24.3M
Free Cash Flow
BLKB
BLKB
NJR
NJR
Q1 26
$37.0M
Q4 25
$55.0M
Q3 25
$135.7M
Q2 25
$66.3M
Q1 25
$712.0K
Q4 24
$73.4M
Q3 24
$102.9M
Q2 24
$48.0M
FCF Margin
BLKB
BLKB
NJR
NJR
Q1 26
13.2%
Q4 25
18.6%
Q3 25
48.3%
Q2 25
23.5%
Q1 25
0.3%
Q4 24
24.3%
Q3 24
35.9%
Q2 24
16.7%
Capex Intensity
BLKB
BLKB
NJR
NJR
Q1 26
Q4 25
1.0%
Q3 25
1.2%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.4%
Q2 24
1.8%
Cash Conversion
BLKB
BLKB
NJR
NJR
Q1 26
1.65×
Q4 25
1.58×
0.22×
Q3 25
2.93×
5.39×
Q2 25
2.53×
Q1 25
0.32×
2.07×
Q4 24
-0.07×
Q3 24
5.69×
0.71×
Q2 24
2.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLKB
BLKB

Segment breakdown not available.

NJR
NJR

Residential$284.1M64%
Commercialand Industrial$53.4M12%
Firm Transportation$34.7M8%
Storage And Transportation ST Segment$28.1M6%
Home Services And Other HSO$16.0M4%
Energy Services ES Segment$12.8M3%
Installationand Maintenance$6.6M1%
Electricity$5.6M1%
Renewable Energy Certificates$3.7M1%
Interruptibleand Offtariff$2.4M1%

Related Comparisons