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Side-by-side financial comparison of BLACKBAUD INC (BLKB) and UNIVERSAL INSURANCE HOLDINGS, INC. (UVE). Click either name above to swap in a different company.

UNIVERSAL INSURANCE HOLDINGS, INC. is the larger business by last-quarter revenue ($393.6M vs $281.1M, roughly 1.4× BLACKBAUD INC). UNIVERSAL INSURANCE HOLDINGS, INC. runs the higher net margin — 13.8% vs 11.1%, a 2.7% gap on every dollar of revenue. On growth, BLACKBAUD INC posted the faster year-over-year revenue change (4.2% vs -0.3%). Over the past eight quarters, UNIVERSAL INSURANCE HOLDINGS, INC.'s revenue compounded faster (1.7% 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 York Life Insurance Company (NYLIC), most commonly known as New York Life, is the second-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #69 on the 2025 Fortune 500 list of the largest U.S. corporations by total revenue. In 2025, NYLIC achieved the best possible ratings by the four independent rating companies. Other New York Life affiliates provide an array of securities products and services, as well as institutional and r...

BLKB vs UVE — Head-to-Head

Bigger by revenue
UVE
UVE
1.4× larger
UVE
$393.6M
$281.1M
BLKB
Growing faster (revenue YoY)
BLKB
BLKB
+4.5% gap
BLKB
4.2%
-0.3%
UVE
Higher net margin
UVE
UVE
2.7% more per $
UVE
13.8%
11.1%
BLKB
Faster 2-yr revenue CAGR
UVE
UVE
Annualised
UVE
1.7%
-1.1%
BLKB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLKB
BLKB
UVE
UVE
Revenue
$281.1M
$393.6M
Net Profit
$31.1M
$54.3M
Gross Margin
59.2%
Operating Margin
18.3%
Net Margin
11.1%
13.8%
Revenue YoY
4.2%
-0.3%
Net Profit YoY
620.3%
EPS (diluted)
$0.67
$1.88

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
UVE
UVE
Q1 26
$281.1M
$393.6M
Q4 25
$295.3M
$407.9M
Q3 25
$281.1M
$401.0M
Q2 25
$282.0M
$400.1M
Q1 25
$269.9M
$394.9M
Q4 24
$302.1M
$384.8M
Q3 24
$286.6M
$387.6M
Q2 24
$287.3M
$380.2M
Net Profit
BLKB
BLKB
UVE
UVE
Q1 26
$31.1M
$54.3M
Q4 25
$36.7M
$66.6M
Q3 25
$47.5M
$39.8M
Q2 25
$26.5M
$35.1M
Q1 25
$4.3M
$41.4M
Q4 24
$-346.4M
$6.0M
Q3 24
$18.3M
$-16.2M
Q2 24
$21.2M
$35.4M
Gross Margin
BLKB
BLKB
UVE
UVE
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
UVE
UVE
Q1 26
18.3%
Q4 25
20.0%
21.7%
Q3 25
19.4%
13.2%
Q2 25
20.3%
11.6%
Q1 25
7.3%
14.0%
Q4 24
-121.5%
1.9%
Q3 24
14.4%
-4.7%
Q2 24
14.4%
12.6%
Net Margin
BLKB
BLKB
UVE
UVE
Q1 26
11.1%
13.8%
Q4 25
12.4%
16.3%
Q3 25
16.9%
9.9%
Q2 25
9.4%
8.8%
Q1 25
1.6%
10.5%
Q4 24
-114.6%
1.6%
Q3 24
6.4%
-4.2%
Q2 24
7.4%
9.3%
EPS (diluted)
BLKB
BLKB
UVE
UVE
Q1 26
$0.67
$1.88
Q4 25
$0.75
$2.29
Q3 25
$0.98
$1.38
Q2 25
$0.55
$1.21
Q1 25
$0.09
$1.44
Q4 24
$-6.82
$0.23
Q3 24
$0.35
$-0.57
Q2 24
$0.41
$1.21

Balance Sheet & Financial Strength

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

Metric
BLKB
BLKB
UVE
UVE
Cash + ST InvestmentsLiquidity on hand
$34.1M
$595.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$34.6M
$584.7M
Total Assets
$2.1B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLKB
BLKB
UVE
UVE
Q1 26
$34.1M
$595.8M
Q4 25
$38.9M
$408.9M
Q3 25
$38.3M
$405.1M
Q2 25
$41.6M
$367.1M
Q1 25
$37.2M
$398.2M
Q4 24
$67.6M
$259.4M
Q3 24
$34.6M
$333.7M
Q2 24
$30.4M
$283.3M
Total Debt
BLKB
BLKB
UVE
UVE
Q1 26
Q4 25
$1.1B
$100.5M
Q3 25
$100.7M
Q2 25
$100.9M
Q1 25
$101.1M
Q4 24
$1.1B
$101.2M
Q3 24
$1.0B
$101.4M
Q2 24
$1.0B
$101.6M
Stockholders' Equity
BLKB
BLKB
UVE
UVE
Q1 26
$34.6M
$584.7M
Q4 25
$85.1M
$551.0M
Q3 25
$108.2M
$495.0M
Q2 25
$72.7M
$457.8M
Q1 25
$17.5M
$422.4M
Q4 24
$126.8M
$373.3M
Q3 24
$544.8M
$400.2M
Q2 24
$577.5M
$393.2M
Total Assets
BLKB
BLKB
UVE
UVE
Q1 26
$2.1B
$2.8B
Q4 25
$2.4B
$2.8B
Q3 25
$2.1B
$3.1B
Q2 25
$2.6B
$3.3B
Q1 25
$2.1B
$2.7B
Q4 24
$2.5B
$2.8B
Q3 24
$2.6B
$2.7B
Q2 24
$3.0B
$2.7B
Debt / Equity
BLKB
BLKB
UVE
UVE
Q1 26
Q4 25
13.06×
0.18×
Q3 25
0.20×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
8.50×
0.27×
Q3 24
1.84×
0.25×
Q2 24
1.78×
0.26×

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
UVE
UVE
Operating Cash FlowLast quarter
$51.5M
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
UVE
UVE
Q1 26
$51.5M
Q4 25
$58.0M
$381.5M
Q3 25
$139.2M
$62.4M
Q2 25
$66.9M
$106.2M
Q1 25
$1.4M
$186.8M
Q4 24
$73.6M
$137.4M
Q3 24
$104.0M
$82.6M
Q2 24
$53.1M
$73.2M
Free Cash Flow
BLKB
BLKB
UVE
UVE
Q1 26
$37.0M
Q4 25
$55.0M
$377.1M
Q3 25
$135.7M
$61.3M
Q2 25
$66.3M
$105.2M
Q1 25
$712.0K
$185.5M
Q4 24
$73.4M
$130.0M
Q3 24
$102.9M
$81.0M
Q2 24
$48.0M
$71.6M
FCF Margin
BLKB
BLKB
UVE
UVE
Q1 26
13.2%
Q4 25
18.6%
92.4%
Q3 25
48.3%
15.3%
Q2 25
23.5%
26.3%
Q1 25
0.3%
47.0%
Q4 24
24.3%
33.8%
Q3 24
35.9%
20.9%
Q2 24
16.7%
18.8%
Capex Intensity
BLKB
BLKB
UVE
UVE
Q1 26
Q4 25
1.0%
1.1%
Q3 25
1.2%
0.3%
Q2 25
0.2%
0.2%
Q1 25
0.3%
0.3%
Q4 24
0.1%
1.9%
Q3 24
0.4%
0.4%
Q2 24
1.8%
0.4%
Cash Conversion
BLKB
BLKB
UVE
UVE
Q1 26
1.65×
Q4 25
1.58×
5.73×
Q3 25
2.93×
1.57×
Q2 25
2.53×
3.03×
Q1 25
0.32×
4.51×
Q4 24
22.82×
Q3 24
5.69×
Q2 24
2.50×
2.07×

Financial Flow Comparison

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

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