MARKETS / NASDAQ / BLKB

NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Blackbaud Inc. BLKB

16 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.1B

▼ 2.3% YoY

Net income

$115.0M

Free cash flow

$257.8M

▼ 10.7% YoY

In brief

What this company does

Blackbaud, Inc. delivers cloud software solutions for nonprofits and foundations, educational institutions, individual change makers and corporate social impact programs, built for fundraising and relationship management, marketing and engagement, financial management, grant and award management, education management, ticketing, social responsibility, payment services and analytics. As of December 31, 2025, the company employed approximately 2,800 professionals worldwide, none of whom are represented by unions or covered by collective bargaining agreements. Raiser's Edge NXT is the company's fundraising and relationship management solution. Financial Edge NXT provides fund and sub fund accounting to support stewardship for donated funds and compliance for government grants and contracts. Grantmaking supports the end-to-end grantmaking process from application through review and resolution. Blackbaud, Inc. was originally incorporated in New York in 1982, later reincorporated as a South Carolina corporation in 1991, and reincorporated again as a Delaware corporation in 2004.

Written from the business description in Blackbaud, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.1B

Revenue, FY2025 · full 16-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.1 · Net income 0.1

Compound annual growth

Revenue

+2.2%

+4.3%

+8.6%

Net income

+71.6%

+9.6%

EPS, diluted

+71.4%

+8.8%

Dividend / share

−37.0%

−12.2%

Returned to shareholders

+35.8%

+13.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +4.3% a year over five years — but profit grew faster: net income at +71.6%, earnings per share at +71.4%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

10 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 16.9% · Net 10.2%

ROE

FY2025 · ROE 108.5%

Gross margin58.8%

Operating margin16.9%

Net margin10.2%

Return on assets4.7%

EBITDAUSD 200.9M

Each USD of equity produced 109 cents of profit this year.

Cash & shareholders

USD 217.2M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 257.8

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 217.2

Dividends paid—

Net buybacksUSD 217.2M

Share of profit188.9%

Consecutive raises—

USD 217.2M in buybacks — 189% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.4B

EquityUSD 85.1M

CashUSD 38.9M

Gross debtUSD 1.1B

Net debtUSD 1.1B

Current ratio0.79×

Net debt stands at 1259% of equity.

The 16-year record

16 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2014	2013	2012	2011	2010	2009	2008
Revenue $B	1.1	1.2	1.1	1.1	0.9	0.9	0.9	0.8	0.8	0.6	0.5	0.4	0.4	0.3	0.3	0.3
Operating income $B	0.2	−0.3	0.0	−0.0	0.0	0.0	0.0	0.1	0.1	0.0	0.1	0.0	0.1	0.0	0.0	0.0
EBITDA $B	0.2	−0.3	0.1	−0.0	0.0	0.1	0.0	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.1	·
Income tax $B	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 $B	0.1	−0.3	0.0	−0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.3	0.3	0.2	0.2	0.2	0.1	0.2	0.2	0.2	0.1	0.1	0.0	0.1	0.0	0.1	0.1
EPS, diluted $	2.37	−5.92	0.06	−0.88	0.12	0.16	0.25	0.93	1.54	0.62	0.67	0.15	0.75	0.67	0.63	0.68
Dividend / sh $	·	·	·	·	·	0.12	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.44	0.40	0.40
Payout %	·	·	·	−0	0	77	198	52	31	78	72	330	65	67	64	59
ROE %	108.5	−64.0	0.4	−6.2	1.0	1.9	3.1	12.6	21.9	16.3	19.7	4.6	25.9	25.7	28.1	34.9
Shares out B	0.05	0.05	0.05	0.05	·	·	·	·	·	·	·	·	·	·	·	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 76 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Prepackaged Software

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2008