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Side-by-side financial comparison of BLACKBAUD INC (BLKB) and UNITED FIRE GROUP INC (UFCS). Click either name above to swap in a different company.

UNITED FIRE GROUP INC is the larger business by last-quarter revenue ($365.8M vs $281.1M, roughly 1.3× BLACKBAUD INC). On growth, UNITED FIRE GROUP INC posted the faster year-over-year revenue change (9.8% vs 4.2%). Over the past eight quarters, UNITED FIRE GROUP INC's revenue compounded faster (11.2% 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.

The United Fruit Company was an American multinational corporation that traded in tropical fruit grown on Latin American plantations and sold in the United States and Europe. The company was formed in 1899 from the merger of the Boston Fruit Company with Minor C. Keith's banana-trading enterprises. It flourished in the early and mid-20th century, and it came to control vast territories and transportation networks in Central America, the Caribbean coast of Colombia, and the West Indies. Althou...

BLKB vs UFCS — Head-to-Head

Bigger by revenue
UFCS
UFCS
1.3× larger
UFCS
$365.8M
$281.1M
BLKB
Growing faster (revenue YoY)
UFCS
UFCS
+5.6% gap
UFCS
9.8%
4.2%
BLKB
Faster 2-yr revenue CAGR
UFCS
UFCS
Annualised
UFCS
11.2%
-1.1%
BLKB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BLKB
BLKB
UFCS
UFCS
Revenue
$281.1M
$365.8M
Net Profit
$31.1M
Gross Margin
59.2%
Operating Margin
18.3%
13.2%
Net Margin
11.1%
Revenue YoY
4.2%
9.8%
Net Profit YoY
620.3%
EPS (diluted)
$0.67
$1.45

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
UFCS
UFCS
Q1 26
$281.1M
Q4 25
$295.3M
$365.8M
Q3 25
$281.1M
$354.0M
Q2 25
$282.0M
$335.5M
Q1 25
$269.9M
$331.1M
Q4 24
$302.1M
$333.2M
Q3 24
$286.6M
$323.0M
Q2 24
$287.3M
$301.2M
Net Profit
BLKB
BLKB
UFCS
UFCS
Q1 26
$31.1M
Q4 25
$36.7M
Q3 25
$47.5M
$39.2M
Q2 25
$26.5M
$22.9M
Q1 25
$4.3M
$17.7M
Q4 24
$-346.4M
Q3 24
$18.3M
$19.7M
Q2 24
$21.2M
$-2.7M
Gross Margin
BLKB
BLKB
UFCS
UFCS
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
UFCS
UFCS
Q1 26
18.3%
Q4 25
20.0%
13.2%
Q3 25
19.4%
13.7%
Q2 25
20.3%
8.7%
Q1 25
7.3%
6.6%
Q4 24
-121.5%
11.9%
Q3 24
14.4%
7.7%
Q2 24
14.4%
-1.3%
Net Margin
BLKB
BLKB
UFCS
UFCS
Q1 26
11.1%
Q4 25
12.4%
Q3 25
16.9%
11.1%
Q2 25
9.4%
6.8%
Q1 25
1.6%
5.3%
Q4 24
-114.6%
Q3 24
6.4%
6.1%
Q2 24
7.4%
-0.9%
EPS (diluted)
BLKB
BLKB
UFCS
UFCS
Q1 26
$0.67
Q4 25
$0.75
$1.45
Q3 25
$0.98
$1.49
Q2 25
$0.55
$0.87
Q1 25
$0.09
$0.67
Q4 24
$-6.82
$1.22
Q3 24
$0.35
$0.76
Q2 24
$0.41
$-0.11

Balance Sheet & Financial Strength

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

Metric
BLKB
BLKB
UFCS
UFCS
Cash + ST InvestmentsLiquidity on hand
$34.1M
$156.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$34.6M
$941.2M
Total Assets
$2.1B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLKB
BLKB
UFCS
UFCS
Q1 26
$34.1M
Q4 25
$38.9M
$156.3M
Q3 25
$38.3M
$233.7M
Q2 25
$41.6M
$202.1M
Q1 25
$37.2M
$183.7M
Q4 24
$67.6M
$200.9M
Q3 24
$34.6M
$197.4M
Q2 24
$30.4M
$153.4M
Total Debt
BLKB
BLKB
UFCS
UFCS
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
BLKB
BLKB
UFCS
UFCS
Q1 26
$34.6M
Q4 25
$85.1M
$941.2M
Q3 25
$108.2M
$898.7M
Q2 25
$72.7M
$845.7M
Q1 25
$17.5M
$817.7M
Q4 24
$126.8M
$781.5M
Q3 24
$544.8M
$785.8M
Q2 24
$577.5M
$726.6M
Total Assets
BLKB
BLKB
UFCS
UFCS
Q1 26
$2.1B
Q4 25
$2.4B
$3.8B
Q3 25
$2.1B
$3.8B
Q2 25
$2.6B
$3.7B
Q1 25
$2.1B
$3.5B
Q4 24
$2.5B
$3.5B
Q3 24
$2.6B
$3.5B
Q2 24
$3.0B
$3.4B
Debt / Equity
BLKB
BLKB
UFCS
UFCS
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
BLKB
BLKB
UFCS
UFCS
Operating Cash FlowLast quarter
$51.5M
$269.7M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$294.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLKB
BLKB
UFCS
UFCS
Q1 26
$51.5M
Q4 25
$58.0M
$269.7M
Q3 25
$139.2M
$60.8M
Q2 25
$66.9M
$53.4M
Q1 25
$1.4M
$35.7M
Q4 24
$73.6M
$340.3M
Q3 24
$104.0M
$56.5M
Q2 24
$53.1M
$91.3M
Free Cash Flow
BLKB
BLKB
UFCS
UFCS
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
UFCS
UFCS
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
UFCS
UFCS
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
UFCS
UFCS
Q1 26
1.65×
Q4 25
1.58×
Q3 25
2.93×
1.55×
Q2 25
2.53×
2.33×
Q1 25
0.32×
2.02×
Q4 24
Q3 24
5.69×
2.86×
Q2 24
2.50×

Financial Flow Comparison

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

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