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BLACKBAUD INC（BLKB）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是BLACKBAUD INC的2.0倍（$560.0M vs $281.1M），SLM Corp净利率更高（55.0% vs 11.1%，领先43.9%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
BLKB vs SLM — 直观对比
营收规模更大
SLM
是对方的2.0倍
$281.1M
净利率更高
SLM
高出43.9%
11.1%
两年增速更快
SLM
近两年复合增速
-1.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $281.1M | $560.0M |
| 净利润 | $31.1M | $308.0M |
| 毛利率 | 59.2% | — |
| 营业利润率 | 18.3% | 69.6% |
| 净利率 | 11.1% | 55.0% |
| 营收同比 | 4.2% | — |
| 净利润同比 | 620.3% | 1.0% |
| 每股收益（稀释后） | $0.67 | $1.54 |
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BLKBSLM
| Q1 26 | $281.1M | $560.0M | ||
| Q4 25 | $295.3M | $377.1M | ||
| Q3 25 | $281.1M | $373.0M | ||
| Q2 25 | $282.0M | $376.8M | ||
| Q1 25 | $269.9M | $375.0M | ||
| Q4 24 | $302.1M | $362.2M | ||
| Q3 24 | $286.6M | $359.4M | ||
| Q2 24 | $287.3M | $372.2M |
净利润BLKBSLM
| Q1 26 | $31.1M | $308.0M | ||
| Q4 25 | $36.7M | $233.2M | ||
| Q3 25 | $47.5M | $135.8M | ||
| Q2 25 | $26.5M | $71.3M | ||
| Q1 25 | $4.3M | $304.5M | ||
| Q4 24 | $-346.4M | $111.6M | ||
| Q3 24 | $18.3M | $-45.2M | ||
| Q2 24 | $21.2M | $252.0M |
毛利率BLKBSLM
| 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% | — |
营业利润率BLKBSLM
| Q1 26 | 18.3% | 69.6% | ||
| Q4 25 | 20.0% | 83.8% | ||
| Q3 25 | 19.4% | 49.8% | ||
| Q2 25 | 20.3% | 23.3% | ||
| Q1 25 | 7.3% | — | ||
| Q4 24 | -121.5% | 36.5% | ||
| Q3 24 | 14.4% | -16.6% | ||
| Q2 24 | 14.4% | 91.0% |
净利率BLKBSLM
| Q1 26 | 11.1% | 55.0% | ||
| Q4 25 | 12.4% | 61.8% | ||
| Q3 25 | 16.9% | 36.4% | ||
| Q2 25 | 9.4% | 18.9% | ||
| Q1 25 | 1.6% | 81.2% | ||
| Q4 24 | -114.6% | 30.8% | ||
| Q3 24 | 6.4% | -12.6% | ||
| Q2 24 | 7.4% | 67.7% |
每股收益（稀释后）BLKBSLM
| Q1 26 | $0.67 | $1.54 | ||
| Q4 25 | $0.75 | $1.11 | ||
| Q3 25 | $0.98 | $0.63 | ||
| Q2 25 | $0.55 | $0.32 | ||
| Q1 25 | $0.09 | $1.40 | ||
| Q4 24 | $-6.82 | $0.53 | ||
| Q3 24 | $0.35 | $-0.23 | ||
| Q2 24 | $0.41 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $34.6M | $2.4B |
| 总资产 | $2.1B | $29.4B |
| 负债/权益比越低杠杆越低 | — | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资BLKBSLM
| Q1 26 | $34.1M | $5.2B | ||
| Q4 25 | $38.9M | $4.2B | ||
| Q3 25 | $38.3M | $3.5B | ||
| Q2 25 | $41.6M | $4.1B | ||
| Q1 25 | $37.2M | $3.7B | ||
| Q4 24 | $67.6M | $4.7B | ||
| Q3 24 | $34.6M | $4.5B | ||
| Q2 24 | $30.4M | $5.3B |
总债务BLKBSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $1.1B | $5.4B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | $1.1B | $6.4B | ||
| Q3 24 | $1.0B | $6.0B | ||
| Q2 24 | $1.0B | $5.4B |
股东权益BLKBSLM
| Q1 26 | $34.6M | $2.4B | ||
| Q4 25 | $85.1M | $2.5B | ||
| Q3 25 | $108.2M | $2.3B | ||
| Q2 25 | $72.7M | $2.4B | ||
| Q1 25 | $17.5M | $2.4B | ||
| Q4 24 | $126.8M | $2.2B | ||
| Q3 24 | $544.8M | $2.1B | ||
| Q2 24 | $577.5M | $2.3B |
总资产BLKBSLM
| Q1 26 | $2.1B | $29.4B | ||
| Q4 25 | $2.4B | $29.7B | ||
| Q3 25 | $2.1B | $29.6B | ||
| Q2 25 | $2.6B | $29.6B | ||
| Q1 25 | $2.1B | $28.9B | ||
| Q4 24 | $2.5B | $30.1B | ||
| Q3 24 | $2.6B | $30.0B | ||
| Q2 24 | $3.0B | $28.8B |
负债/权益比BLKBSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | 13.06× | 2.19× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 2.70× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | 8.50× | 2.98× | ||
| Q3 24 | 1.84× | 2.83× | ||
| Q2 24 | 1.78× | 2.37× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $37.0M | — |
| 自由现金流率自由现金流/营收 | 13.2% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | $294.1M | — |
8季度趋势，按日历期对齐
经营现金流BLKBSLM
| Q1 26 | $51.5M | — | ||
| Q4 25 | $58.0M | $-64.5M | ||
| Q3 25 | $139.2M | $-49.3M | ||
| Q2 25 | $66.9M | $-138.7M | ||
| Q1 25 | $1.4M | $-146.1M | ||
| Q4 24 | $73.6M | $4.5M | ||
| Q3 24 | $104.0M | $-113.4M | ||
| Q2 24 | $53.1M | $-143.8M |
自由现金流BLKBSLM
| 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 | — |
自由现金流率BLKBSLM
| 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% | — |
资本支出强度BLKBSLM
| 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% | — |
现金转化率BLKBSLM
| Q1 26 | 1.65× | — | ||
| Q4 25 | 1.58× | -0.28× | ||
| Q3 25 | 2.93× | -0.36× | ||
| Q2 25 | 2.53× | -1.95× | ||
| Q1 25 | 0.32× | -0.48× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 5.69× | — | ||
| Q2 24 | 2.50× | -0.57× |
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
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
