Blackbaud Inc
BLKB Nasdaq· Services-Prepackaged Software
Last close · Oct 26, 2026
$55.07
KIRA · Stoqly’s AI analyst, in plain words
- Blackbaud Inc had $1.1B of revenue in fiscal 2025, down 2.3% on the year before. Over five years, revenue changed +4.3% a year on average.
- Its operating margin was 16.9%, up 40.4 pts: of every 100 in sales, about 17 is left after running the business.
- Blackbaud Inc made $115M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 10.6% a year.
- Free cash flow was $258M in fiscal 2025, 22.8% of revenue.
- Blackbaud Inc returned $217M to shareholders in fiscal 2025, 84% of free cash flow. The diluted share count fell 4.1%.
- Blackbaud Inc owes $1.1B more than it holds in cash, about 3.9 years of operating profit.
Market cap
$2.5B
P/E
17.3x
Revenue
$1.1B
Net income
$115M
Free cash flow
$258M
Operating margin
16.9%
Blackbaud Inc in 30 seconds · fiscal 2025
Are sales growing?
−2.3%
No. Sales fell 2.3% last year.
Does it make a profit?
10.2%
Yes. It keeps 10.2% of every sale as profit.
Does profit turn into cash?
22.8%
Yes. 22.8% of sales ends up as free cash.
Is debt under control?
3.9x
Heavy. Repaying its debt would take 3.9 years of operating profit.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
17.3x
One share costs 17.3 times its yearly profit per share.
What Blackbaud Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- BLACKBAUD INC
- CIK
- 0001280058
Blackbaud Inc · BLKB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $928M | $1.1B | $1.1B | $1.2B | $1.1B |
| Revenue growth | 1.6% | 14.1% | 4.6% | 4.3% | −2.3% |
| Gross margin | 52.2% | 52.2% | 54.1% | 54.7% | 58.8% |
| Operating margin | 2.7% | −2.7% | 4.2% | −23.5% | 16.9% |
| Net income | $5.7M | −$45.4M | $3.0M | −$300M | $115M |
| Net margin | 0.6% | −4.3% | 0.3% | −25.9% | 10.2% |
| Diluted EPS | $0.12 | −$0.88 | $0.06 | −$5.92 | $2.37 |
| Cash | |||||
| Cash from operations | $214M | $204M | $200M | $296M | $266M |
| Capital expenditure | $11.7M | $12.3M | $4.7M | $7.4M | $7.8M |
| Free cash flow | $202M | $192M | $195M | $289M | $258M |
| FCF margin | 21.8% | 18.1% | 17.6% | 25.0% | 22.8% |
| Dividends paid | $0.0M | $0.0M | — | — | — |
| Share buybacks | $108M | $0.0M | $18.8M | $418M | $217M |
| Share count change | −1.0% | 6.9% | 4.2% | −5.9% | −4.1% |
| Debt and strength | |||||
| Cash and short-term investments | $55.1M | $31.7M | $31.3M | $67.6M | $38.9M |
| Debt incl. finance leases | $961M | $862M | $781M | $1.1B | $1.1B |
| Shareholders' equity | $717M | $744M | $810M | $127M | $85.1M |
| Net debt / EBITDA | 8.4x | 11.2x | 4.8x | — | 3.9x |
| Current ratio | 0.8x | 0.7x | 0.8x | 0.8x | 0.8x |
| Interest coverage | 1.4x | −0.8x | 1.2x | −4.9x | 2.8x |
| Returns and quality | |||||
| Return on capital | 1.2% | −1.4% | 1.9% | −18.9% | 14.4% |
| Return on equity | 1.0% | −6.2% | 0.4% | −64.0% | 108.5% |
| Piotroski F-score | 4 | 5 | 8 | 6 | 8 |
| Altman Z'' | 0.1 | −0.2 | 0.1 | −1.5 | −0.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$5.8M
7 insiders
Of sales under plans
17%
$1.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Blackbaud Inc · BLKB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $55.07 a share, the company is worth $2.5B: 17.3 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001280058). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.