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BLACKBAUD INC（BLKB）与CSW INDUSTRIALS, INC.（CSW）财务数据对比。点击上方公司名可切换其他公司
BLACKBAUD INC的季度营收约是CSW INDUSTRIALS, INC.的1.2倍（$281.1M vs $233.0M），BLACKBAUD INC净利率更高（11.1% vs 4.4%，领先6.7%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 4.2%），BLACKBAUD INC自由现金流更多（$37.0M vs $22.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -1.1%）
Blackbaud是全球知名的云服务提供商，专注为非营利组织、基金会、企业、教育机构、医疗机构、宗教团体及个人公益推动者提供技术支持，旗下产品覆盖筹款、网站管理、客户关系管理、数据分析、财务管理、票务系统、教育管理等多元场景。
BLKB vs CSW — 直观对比
营收规模更大
BLKB
是对方的1.2倍
$233.0M
营收增速更快
CSW
高出16.2%
4.2%
净利率更高
BLKB
高出6.7%
4.4%
自由现金流更多
BLKB
多$14.3M
$22.7M
两年增速更快
CSW
近两年复合增速
-1.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $281.1M | $233.0M |
| 净利润 | $31.1M | $10.3M |
| 毛利率 | 59.2% | 39.7% |
| 营业利润率 | 18.3% | 7.4% |
| 净利率 | 11.1% | 4.4% |
| 营收同比 | 4.2% | 20.3% |
| 净利润同比 | 620.3% | -61.9% |
| 每股收益（稀释后） | $0.67 | $0.62 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BLKBCSW
| Q1 26 | $281.1M | — | ||
| Q4 25 | $295.3M | $233.0M | ||
| Q3 25 | $281.1M | $277.0M | ||
| Q2 25 | $282.0M | $263.6M | ||
| Q1 25 | $269.9M | $230.5M | ||
| Q4 24 | $302.1M | $193.6M | ||
| Q3 24 | $286.6M | $227.9M | ||
| Q2 24 | $287.3M | $226.2M |
净利润BLKBCSW
| Q1 26 | $31.1M | — | ||
| Q4 25 | $36.7M | $10.3M | ||
| Q3 25 | $47.5M | $40.7M | ||
| Q2 25 | $26.5M | $40.9M | ||
| Q1 25 | $4.3M | $35.1M | ||
| Q4 24 | $-346.4M | $26.9M | ||
| Q3 24 | $18.3M | $36.1M | ||
| Q2 24 | $21.2M | $38.6M |
毛利率BLKBCSW
| Q1 26 | 59.2% | — | ||
| Q4 25 | 58.3% | 39.7% | ||
| Q3 25 | 59.6% | 43.0% | ||
| Q2 25 | 59.7% | 43.8% | ||
| Q1 25 | 57.5% | 44.2% | ||
| Q4 24 | 53.8% | 41.4% | ||
| Q3 24 | 54.9% | 45.6% | ||
| Q2 24 | 56.0% | 47.5% |
营业利润率BLKBCSW
| Q1 26 | 18.3% | — | ||
| Q4 25 | 20.0% | 7.4% | ||
| Q3 25 | 19.4% | 20.5% | ||
| Q2 25 | 20.3% | 20.8% | ||
| Q1 25 | 7.3% | 19.5% | ||
| Q4 24 | -121.5% | 15.3% | ||
| Q3 24 | 14.4% | 22.6% | ||
| Q2 24 | 14.4% | 24.3% |
净利率BLKBCSW
| Q1 26 | 11.1% | — | ||
| Q4 25 | 12.4% | 4.4% | ||
| Q3 25 | 16.9% | 14.7% | ||
| Q2 25 | 9.4% | 15.5% | ||
| Q1 25 | 1.6% | 15.2% | ||
| Q4 24 | -114.6% | 13.9% | ||
| Q3 24 | 6.4% | 15.8% | ||
| Q2 24 | 7.4% | 17.1% |
每股收益（稀释后）BLKBCSW
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.75 | $0.62 | ||
| Q3 25 | $0.98 | $2.41 | ||
| Q2 25 | $0.55 | $2.43 | ||
| Q1 25 | $0.09 | $2.05 | ||
| Q4 24 | $-6.82 | $1.60 | ||
| Q3 24 | $0.35 | $2.26 | ||
| Q2 24 | $0.41 | $2.47 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $34.1M | $40.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $34.6M | $1.1B |
| 总资产 | $2.1B | $2.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BLKBCSW
| Q1 26 | $34.1M | — | ||
| Q4 25 | $38.9M | $40.2M | ||
| Q3 25 | $38.3M | $31.5M | ||
| Q2 25 | $41.6M | $38.0M | ||
| Q1 25 | $37.2M | $225.8M | ||
| Q4 24 | $67.6M | $213.8M | ||
| Q3 24 | $34.6M | $273.2M | ||
| Q2 24 | $30.4M | $18.9M |
总债务BLKBCSW
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $800.1M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
股东权益BLKBCSW
| Q1 26 | $34.6M | — | ||
| Q4 25 | $85.1M | $1.1B | ||
| Q3 25 | $108.2M | $1.1B | ||
| Q2 25 | $72.7M | $1.1B | ||
| Q1 25 | $17.5M | $1.1B | ||
| Q4 24 | $126.8M | $1.0B | ||
| Q3 24 | $544.8M | $1.0B | ||
| Q2 24 | $577.5M | $650.2M |
总资产BLKBCSW
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.4B | $2.3B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.6B | $1.5B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.5B | $1.4B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $3.0B | $1.1B |
负债/权益比BLKBCSW
| Q1 26 | — | — | ||
| Q4 25 | 13.06× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 8.50× | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 1.78× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $51.5M | $28.9M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $22.7M |
| 自由现金流率自由现金流/营收 | 13.2% | 9.8% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 1.65× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $294.1M | $162.0M |
8季度趋势，按日历期对齐
经营现金流BLKBCSW
| Q1 26 | $51.5M | — | ||
| Q4 25 | $58.0M | $28.9M | ||
| Q3 25 | $139.2M | $61.8M | ||
| Q2 25 | $66.9M | $60.6M | ||
| Q1 25 | $1.4M | $27.3M | ||
| Q4 24 | $73.6M | $11.6M | ||
| Q3 24 | $104.0M | $66.8M | ||
| Q2 24 | $53.1M | $62.7M |
自由现金流BLKBCSW
| Q1 26 | $37.0M | — | ||
| Q4 25 | $55.0M | $22.7M | ||
| Q3 25 | $135.7M | $58.7M | ||
| Q2 25 | $66.3M | $57.7M | ||
| Q1 25 | $712.0K | $22.8M | ||
| Q4 24 | $73.4M | $8.5M | ||
| Q3 24 | $102.9M | $61.3M | ||
| Q2 24 | $48.0M | $59.6M |
自由现金流率BLKBCSW
| Q1 26 | 13.2% | — | ||
| Q4 25 | 18.6% | 9.8% | ||
| Q3 25 | 48.3% | 21.2% | ||
| Q2 25 | 23.5% | 21.9% | ||
| Q1 25 | 0.3% | 9.9% | ||
| Q4 24 | 24.3% | 4.4% | ||
| Q3 24 | 35.9% | 26.9% | ||
| Q2 24 | 16.7% | 26.3% |
资本支出强度BLKBCSW
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 2.6% | ||
| Q3 25 | 1.2% | 1.1% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | 0.3% | 2.0% | ||
| Q4 24 | 0.1% | 1.6% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 1.8% | 1.4% |
现金转化率BLKBCSW
| Q1 26 | 1.65× | — | ||
| Q4 25 | 1.58× | 2.81× | ||
| Q3 25 | 2.93× | 1.52× | ||
| Q2 25 | 2.53× | 1.48× | ||
| Q1 25 | 0.32× | 0.78× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | 5.69× | 1.85× | ||
| Q2 24 | 2.50× | 1.62× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BLKB
暂无分部数据
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
