Blackbaud Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	38.91	67.63	31.25	31.69	55.15
Trading Asset Securities	0.24	-	16.2	-	-
Cash & Short-Term Investments	39.15	67.63	47.45	31.69	55.15
Cash Growth	-42.10%	42.53%	49.72%	-42.53%	54.25%
Receivables	80.52	83.54	101.86	102.81	102.73
Prepaid Expenses	70.47	61.88	57.79	52.31	65.31
Restricted Cash	720.06	741.88	697.01	702.24	-
Other Current Assets	19.89	21.66	25.65	29.6	627.79
Total Current Assets	930.09	976.59	929.76	918.64	850.97
Property, Plant & Equipment	89.71	118.48	135.62	153.33	165.31
Long-Term Investments	0.26	9.26	-	31.87	7.16
Goodwill	1,057	1,053	1,054	1,050	1,059
Other Intangible Assets	262.5	281.2	742.13	776.16	819.43
Long-Term Deferred Charges	38.8	41.21	37.08	45.17	48.27
Other Long-Term Assets	12.51	16.75	13.96	17.26	21.84
Total Assets	2,391	2,496	2,912	2,993	2,972
Accounts Payable	27.34	50.81	25.18	42.56	22.07
Accrued Expenses	12.26	20.42	57.62	61.29	24.4
Current Portion of Long-Term Debt	22.66	23.88	19.26	18.8	18.7
Current Portion of Leases	1.56	4.49	6.7	7.72	9.17
Current Income Taxes Payable	9.95	16.3	-	16.67	19.78
Current Unearned Revenue	368.99	358.55	392.53	382.42	374.5
Other Current Liabilities	739.34	777.62	695.84	701.18	641.02
Total Current Liabilities	1,182	1,252	1,197	1,231	1,110
Long-Term Debt	1,090	1,051	765.41	840.24	937.48
Long-Term Leases	4.61	34.19	40.09	44.92	53.39
Long-Term Unearned Revenue	2.78	2.02	2.4	2.82	4.25
Long-Term Deferred Tax Liabilities	21.98	25	93.29	125.76	148.47
Other Long-Term Liabilities	3.88	4.8	5.25	4.29	1.34
Total Liabilities	2,306	2,369	2,104	2,249	2,255
Common Stock	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	1,392	1,291	1,203	1,075	968.93
Retained Earnings	15.51	-99.46	198.87	197.05	242.46
Treasury Stock	-1,316	-1,060	-591.56	-537.29	-500.91
Comprehensive Income & Other	-5.95	-4.87	-1.69	8.94	6.52
Shareholders' Equity	85.05	126.84	808.71	744.03	717.06
Total Liabilities & Equity	2,391	2,496	2,912	2,993	2,972
Total Debt	1,119	1,114	831.45	911.68	1,019
Net Cash (Debt)	-1,080	-1,046	-784.01	-879.99	-963.59
Net Cash Per Share	-22.28	-20.69	-14.59	-17.06	-19.98
Filing Date Shares Outstanding	45.26	48.42	52.37	51.87	50.77
Total Common Shares Outstanding	46.03	48.43	52.52	51.72	50.79
Working Capital	-252.01	-275.46	-267.38	-312	-258.66
Book Value Per Share	1.85	2.62	15.40	14.38	14.12
Tangible Book Value	-1,234	-1,207	-987.16	-1,082	-1,161
Tangible Book Value Per Share	-26.81	-24.92	-18.79	-20.93	-22.86
Land	9.55	9.55	9.55	9.55	9.55
Buildings	74.38	73.4	73	72.16	72.16
Machinery	33.49	43.93	55.9	53.46	52.75
Construction In Progress	0.27	-	1.61	3.5	2.14
Leasehold Improvements	5.79	10.21	10.35	11.82	12.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.