BLKB
$53.57+0.62%
Blackbaud Inc.Stock · TechnologyRussell 2000 · 0.03% of IWMNasdaq Composite · 0.005% of ONEQUS Stock Market · 0.002% of VTIRussell 3000 · 0.002% of IWV
BLKB financial statements
The full income statement, balance sheet, and cash-flow statement for Blackbaud Inc. (BLKB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 51.6M2024-09 50.7M2024-12 49.2M2025-03 48.5M2025-06 48.5M2025-09 47.8M2025-12 45.9M2026-03 45.9M2026-06 45.4M-12.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.13B-2.3% | 1.15B+4.3% | 1.11B+4.6% | 1.06B+14.1% | 928M+1.6% | |
| 663M+5.0% | 631M+5.4% | 599M+8.4% | 553M+14.1% | 485M-0.1% | ||
| Cost of revenue | 465M-11.1% | 523M+3.0% | 508M+0.5% | 505M+14.0% | 443M+3.5% | |
| 473M-47.7% | 903M+63.3% | 553M-4.9% | 581M+26.4% | 460M+2.6% | ||
| Research & development | 138M-10.1% | 154M+4.2% | 147M-6.0% | 157M+26.0% | 125M+24.4% | |
| Selling, general & administrative | 155M+8.3% | 143M-24.9% | 190M-5.0% | 200M+36.7% | 146M+8.5% | |
| General & administrative | 155M+8.3% | 143M-24.9% | 190M-5.0% | 200M+36.7% | 146M+8.5% | |
| Selling & marketing | 178M-10.1% | 197M-6.9% | 212M-4.2% | 221M+18.9% | 186M-11.2% | |
| Restructuring | — | — | 0.00 | 0.00-100.0% | 263K+11.4% | |
| Amortization of intangibles | 2.23M-36.9% | 3.54M+12.8% | 3.14M+7.3% | 2.92M+31.3% | 2.23M-23.6% | |
| Provision for credit losses | 4.38M-11.2% | 4.93M+9.6% | 4.50M-25.8% | 6.07M-47.0% | 11.4M-13.5% | |
| Operating income | 191M+170.3% | -271M-685.5% | 46.4M+262.7% | -28.5M-214.4% | 24.9M-33.1% | |
| Interest expense | 68.0M+22.2% | 55.6M+39.4% | 39.9M+11.5% | 35.8M+98.9% | 18.0M+4.1% | |
| Interest & investment income | 7.89M-19.8% | 9.85M+11.6% | 8.82M+405.2% | 1.75M+345.4% | 392K-76.4% | |
| Other non-operating income | 3.95M-6.2% | 4.22M+3.4% | 4.08M+74.8% | 2.33M+62.8% | 1.43M+34.7% | |
| Pre-tax income | 132M+142.2% | -312M-1719.6% | 19.3M+134.7% | -55.6M-884.6% | 7.08M-67.2% | |
| Income tax | 16.8M+230.0% | -12.9M-179.5% | 16.3M+260.1% | -10.2M-834.2% | 1.39M-90.0% | |
| Net income | 115M+138.4% | -300M-10024.6% | 3.02M+106.6% | -45.4M-896.9% | 5.70M-26.2% | |
| $2.37+140.0% | -$5.92-9966.7% | $0.06+106.8% | -$0.88-833.3% | $0.12-25.0% | ||
| EPS (basic) | $2.41+140.7% | -$5.92-9966.7% | $0.06+106.8% | -$0.88-833.3% | $0.12-25.0% | |
| Weighted-avg shares (basic) | 47.7M-5.7% | 50.6M-3.8% | 52.5M+1.9% | 51.6M+8.8% | 47.4M-1.6% | |
| Weighted-avg shares (diluted) | 48.5M-4.1% | 50.6M-5.9% | 53.7M+4.2% | 51.6M+6.9% | 48.2M-1.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 930M-4.8% | 977M+5.0% | 930M+1.2% | 919M+8.0% | 851M+3.9% | ||
| Cash & equivalents | 38.9M-42.5% | 67.6M+116.4% | 31.3M-1.4% | 31.7M-42.5% | 55.1M+54.3% | |
| Accounts receivable | 80.5M-3.6% | 83.5M-18.0% | 102M-0.9% | 103M+0.1% | 103M+7.7% | |
| Prepaid expenses | 89.3M+9.5% | 81.6M-17.9% | 99.4M+21.7% | 81.7M-14.5% | 95.5M+21.9% | |
| 2.39B-4.2% | 2.50B-14.3% | 2.91B-2.7% | 2.99B+0.7% | 2.97B+45.3% | ||
| Property, plant & equipment | 85.1M-7.5% | 91.9M-6.9% | 98.7M-8.1% | 107M-3.6% | 111M+5.9% | |
| Operating lease right-of-use | 4.63M-82.6% | 26.6M-28.1% | 36.9M-19.5% | 45.9M-14.8% | 53.9M+137.7% | |
| Goodwill | 1.06B+0.4% | 1.05B-0.1% | 1.05B+0.3% | 1.05B-0.8% | 1.06B+66.5% | |
| Intangible assets | 107M-19.7% | 133M-77.2% | 582M-8.4% | 635M-9.0% | 698M+151.5% | |
| Other non-current assets | 56.2M-16.4% | 67.2M+31.7% | 51.0M-45.9% | 94.3M+22.1% | 77.3M+6.4% | |
| 1.18B-5.6% | 1.25B+4.7% | 1.20B-2.8% | 1.23B+10.9% | 1.11B+9.5% | ||
| Accounts payable | 27.3M-46.2% | 50.8M+101.8% | 25.2M-40.8% | 42.6M+92.9% | 22.1M-20.7% | |
| Deferred revenue | 369M+2.9% | 359M-8.3% | 391M+2.2% | 382M+2.1% | 374M+19.9% | |
| Short-term & current debt | 22.7M-5.1% | 23.9M+24.0% | 19.3M+2.4% | 18.8M+0.6% | 18.7M+45.6% | |
| Current lease liability | 1.56M-65.3% | 4.49M-33.0% | 6.70M-13.2% | 7.72M-15.8% | 9.17M-2.0% | |
| 2.31B-2.7% | 2.37B+12.7% | 2.10B-6.5% | 2.25B-0.3% | 2.25B+39.3% | ||
| Long-term debt | 1.09B+3.4% | 1.05B+38.2% | 760M-9.5% | 840M-10.4% | 937M+80.9% | |
| Deferred revenue (non-current) | 2.78M+37.9% | 2.02M-15.9% | 2.40M-14.9% | 2.82M-33.7% | 4.25M-9.2% | |
| Non-current lease liability | 4.61M-86.5% | 34.2M-14.7% | 40.1M-10.8% | 44.9M-15.9% | 53.4M+207.6% | |
| Operating lease liability (total) | 6.16M-84.1% | 38.7M-17.3% | 46.8M-11.1% | 52.6M-15.8% | 62.6M+134.2% | |
| Deferred tax liabilities | 22.0M-12.1% | 25.0M-73.2% | 93.3M-25.8% | 126M-15.3% | 148M+174.5% | |
| Other non-current liabilities | 11.7M+144.7% | 4.80M-53.2% | 10.3M+138.9% | 4.29M+219.5% | 1.34M-87.6% | |
| Total non-current liabilities | — | 1.12B | — | — | — | |
| 85.1M-32.9% | 127M-84.3% | 810M+8.9% | 744M+3.8% | 717M+68.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 72.0K+1.4% | 71.0K+2.9% | 69.0K+1.5% | 68.0K+3.0% | 66.0K+8.2% | |
| Additional paid-in capital | 1.39B+7.8% | 1.29B+7.4% | 1.20B+11.9% | 1.08B+11.0% | 969M+77.8% | |
| Retained earnings | 15.5M+115.6% | -99.5M-149.7% | 200M+1.5% | 197M-18.7% | 242M+2.4% | |
| Treasury stock | 1.32B+24.1% | 1.06B+79.2% | 592M+10.1% | 537M+7.3% | 501M+41.9% | |
| Accumulated other comprehensive income | -5.95M-22.2% | -4.87M-188.4% | -1.69M-118.9% | 8.94M+37.0% | 6.52M+361.2% | |
| Total liabilities & equity | 2.39B-4.2% | 2.50B-14.3% | 2.91B-2.7% | 2.99B+0.7% | 2.97B+45.3% | |
| Common shares issued | 72.3M+1.9% | 70.9M+2.5% | 69.2M+2.0% | 67.8M+2.5% | 66.2M+8.6% | |
| Common shares outstanding | 46.7M-5.2% | 49.2M-8.2% | 53.6M+1.0% | 53.1M | — | |
| Shares outstanding (cover) | 45.9M-6.7% | 49.2M-7.9% | 53.5M+0.5% | 53.2M+2.4% | 52.0M+7.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 266M-10.3% | 296M+48.3% | 200M-2.1% | 204M-4.6% | 214M+44.4% | ||
| Depreciation & amortization | 86.2M-29.1% | 122M+11.1% | 109M+7.0% | 102M+24.2% | 82.4M-11.1% | |
| Intangible amortization | 2.23M-36.9% | 3.54M+12.8% | 3.14M+7.3% | 2.92M+31.3% | 2.23M-23.6% | |
| Share-based compensation | 92.9M-11.5% | 105M-17.8% | 128M+15.8% | 110M-8.4% | 120M+38.0% | |
| Deferred income taxes | -181K+99.7% | -69.5M-185.3% | -24.4M+8.5% | -26.6M-996.9% | -2.43M-127.5% | |
| Change in receivables | 938K+119.8% | -4.73M-246.1% | 3.24M-55.9% | 7.34M+12.5% | 6.53M-64.6% | |
| -74.9M-2.1% | -73.4M-14.0% | -64.4M+24.7% | -85.5M+81.8% | -471M-555.9% | ||
| Capital expenditure | 7.77M+4.4% | 7.44M+58.9% | 4.68M-61.9% | 12.3M+5.4% | 11.7M-60.7% | |
| Free cash flow | 258M-10.7% | 289M+48.0% | 195M+1.7% | 192M-5.1% | 202M+70.8% | |
| Acquisitions | 700K | 0.00-100.0% | 13.0K-99.9% | 20.9M-95.0% | 419M | |
| Other investing activities | 0.00-100.0% | 5.03M+1911.6% | 250K | 0.00 | 0.00 | |
| -247M-77.5% | -139M+2.5% | -143M-456.5% | -25.7M-109.7% | 264M+2573.2% | ||
| Long-term debt issued | 405M-71.9% | 1.44B+391.6% | 293M+39.0% | 211M-63.8% | 582M-22.2% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 217M-48.1% | 418M+2119.9% | 18.8M | 0.00-100.0% | 108M+164.4% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Net change in cash | -50.5M-162.2% | 81.3M+1532.1% | -5.67M-106.9% | 82.2M+1109.6% | 6.79M-90.0% | |
| Interest paid | 65.6M+26.4% | 51.9M+36.3% | 38.1M+14.0% | 33.4M+103.7% | 16.4M+4.3% | |
| Income taxes paid | 28.1M-53.6% | 60.7M+70.3% | 35.6M+268.3% | 9.67M-4.0% | 10.1M+182.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.91B-20.1% | 3.64B-22.0% | 4.67B+49.4% | 3.13B-17.8% | 3.80B+36.5% | |
| P/E | 25.3× | — | — | — | 667.3×+84.9% | |
| P/S | 2.6×-18.2% | 3.2×-26.7% | 4.3×+42.0% | 3.0×-26.1% | 4.1×+34.4% | |
| P/B | 34.2×+19.2% | 28.7×+391.8% | 5.8×+36.8% | 4.3×-19.6% | 5.3×-18.9% | |
| P/FCF | 11.3×-10.6% | 12.6×-43.0% | 22.1×+55.6% | 14.2×-24.5% | 18.8×-20.1% | |
| Earnings yield | 4.0% | — | — | — | 0.15%-45.9% | |
| FCF yield | 8.9%+11.8% | 7.9%+75.4% | 4.5%-35.7% | 7.0%+32.4% | 5.3%+25.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BLKB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BLKB filings on SEC EDGAR → Not investment advice.