BLKB
Blackbaud Inc
NASDAQ: BLKB · TECHNOLOGY · SOFTWARE - APPLICATION
$39.04
+4.08% today
Updated 2026-04-29
Market cap
$1.73B
P/E ratio
15.83
P/S ratio
1.53x
EPS (TTM)
$2.37
Dividend yield
—
52W range
$34 – $75
Volume
0.6M
Blackbaud Inc (BLKB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.96M | $257.04M | $302.50M | $309.34M | $327.09M | $370.87M | $447.42M | $503.82M | $564.42M | $637.94M | $730.82M | $788.31M | $848.61M | $900.42M | $913.22M | $927.74M | $1.06B | $1.11B | $1.16B | $1.13B |
| Revenue growth (YoY) | — | +33.9% | +17.7% | +2.3% | +5.7% | +13.4% | +20.6% | +12.6% | +12.0% | +13.0% | +14.6% | +7.9% | +7.6% | +6.1% | +1.4% | +1.6% | +14.1% | +4.5% | +4.5% | -2.3% |
| Cost of revenue | $57.27M | $92.48M | $116.42M | $120.94M | $131.81M | $157.19M | $202.46M | $231.86M | $273.44M | $304.63M | $339.22M | $361.90M | $380.84M | $417.22M | $427.17M | $443.19M | $505.39M | $501.39M | $516.29M | $465.07M |
| Gross profit | $134.69M | $164.56M | $186.08M | $188.40M | $195.28M | $213.67M | $244.96M | $271.95M | $290.98M | $333.31M | $392.42M | $426.58M | $467.76M | $483.20M | $486.05M | $484.55M | $552.72M | $604.04M | $639.20M | $663.29M |
| Gross margin | 70.2% | 64.0% | 61.5% | 60.9% | 59.7% | 57.6% | 54.7% | 54.0% | 51.6% | 52.2% | 53.7% | 54.1% | 55.1% | 53.7% | 53.2% | 52.2% | 52.2% | 54.6% | 55.3% | 58.8% |
| R&D | $23.12M | $28.52M | $38.71M | $45.66M | $45.53M | $47.67M | $64.69M | $66.64M | $80.81M | $90.28M | $98.17M | $102.71M | $115.41M | $126.86M | $100.15M | $124.57M | $159.21M | $153.30M | $183.19M | $138.13M |
| SG&A | $63.16M | $83.14M | $99.26M | $33.38M | $32.47M | $36.93M | $50.03M | $49.32M | $55.18M | $72.18M | $79.63M | $94.87M | $99.85M | $113.41M | $130.39M | $139.15M | $137.99M | $123.41M | $97.22M | $154.61M |
| Operating income | $47.71M | $52.41M | $47.40M | $45.79M | $46.30M | $50.93M | $32.91M | $56.84M | $46.36M | $46.71M | $68.22M | $68.18M | $59.42M | $27.14M | $37.24M | $24.91M | $-28.48M | $44.70M | $-270.51M | $190.75M |
| Operating margin | 24.9% | 20.4% | 15.7% | 14.8% | 14.2% | 13.7% | 7.4% | 11.3% | 8.2% | 7.3% | 9.3% | 8.6% | 7.0% | 3.0% | 4.1% | 2.7% | -2.7% | 4.0% | -23.4% | 16.9% |
| EBITDA | $47.71M | $52.41M | $60.60M | $62.14M | $62.20M | $68.45M | $65.15M | $99.00M | $92.88M | $101.21M | $132.12M | $130.12M | $134.37M | $99.15M | $103.88M | $83.69M | $99.01M | $178.72M | $253.72M | $285.97M |
| EBITDA margin | 24.9% | 20.4% | 20.0% | 20.1% | 19.0% | 18.5% | 14.6% | 19.6% | 16.5% | 15.9% | 18.1% | 16.5% | 15.8% | 11.0% | 11.4% | 9.0% | 9.4% | 16.2% | 22.0% | 25.3% |
| EBIT | $43.95M | $44.26M | $47.73M | $46.63M | $46.13M | $51.46M | $32.91M | $56.84M | $49.46M | $50.61M | $69.92M | $68.97M | $71.41M | $34.15M | $42.84M | $32.28M | $33.44M | $112.03M | $180.35M | $199.75M |
| Interest expense | $48000.00 | $1.16M | $1.53M | $962000.00 | $74000.00 | $200000.00 | $5.86M | $5.82M | $6.01M | $8.07M | $10.58M | $12.10M | $15.90M | $20.62M | $17.29M | $18.00M | $35.80M | $39.92M | $55.63M | $67.97M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $30.51M | $31.72M | $29.88M | $28.45M | $29.80M | $33.22M | $6.58M | $30.47M | $28.29M | $25.65M | $41.52M | $65.93M | $44.84M | $11.91M | $7.72M | $5.70M | $-45.41M | $1.82M | $-283.17M | $114.97M |
| Net income growth (YoY) | — | +4.0% | -5.8% | -4.8% | +4.8% | +11.5% | -80.2% | +362.9% | -7.2% | -9.3% | +61.9% | +58.8% | -32.0% | -73.4% | -35.2% | -26.2% | -896.9% | +104.0% | -15658.9% | +140.6% |
| Profit margin | 15.9% | 12.3% | 9.9% | 9.2% | 9.1% | 9.0% | 1.5% | 6.0% | 5.0% | 4.0% | 5.7% | 8.4% | 5.3% | 1.3% | 0.8% | 0.6% | -4.3% | 0.2% | -24.5% | 10.2% |