Blackbaud Income Statement

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
Revenue	1,128	1,155	1,107	1,058	927.74
Revenue Growth (YoY)	-2.27%	4.29%	4.63%	14.05%	1.59%
Cost of Revenue	465.07	523.2	508.03	505.39	443.2
Gross Profit	663.29	631.43	599.06	552.72	484.55
Selling, General & Admin	332.17	340.22	402.1	421.36	332.58
Depreciation & Amortization Expenses	2.23	3.54	3.14	2.93	2.23
Research & Development	138.13	153.68	147.47	156.91	124.57
Other Operating Expenses	-	405.36	-	-	0.26
Total Operating Expenses	472.54	902.8	552.7	581.2	459.64
Operating Income	190.75	-271.38	46.35	-28.49	24.91
Interest Expense	-67.97	-55.63	-39.92	-35.8	-18
Other Non-Operating Income (Expense)	9	14.55	12.86	8.71	0.18
Total Non-Operating Income (Expense)	-58.97	-41.09	-27.06	-27.09	-17.82
Pretax Income	131.78	-312.46	19.29	-55.58	7.08
Provision for Income Taxes	16.81	-12.94	16.27	-10.17	1.39
Net Income	114.97	-299.52	3.02	-45.41	5.7
Net Income to Common	114.97	-299.52	3.02	-45.41	5.7
Net Income Growth	-	-	-	-	-26.16%
Shares Outstanding (Basic)	48	51	53	52	47
Shares Outstanding (Diluted)	48	51	54	52	48
Shares Change (YoY)	-4.13%	-5.88%	4.17%	6.92%	-0.96%
EPS (Basic)	2.41	-5.92	0.06	-0.88	0.12
EPS (Diluted)	2.37	-5.92	0.06	-0.88	0.12
EPS Growth	-	-	-	-	-25.00%
Shares Outstanding	46.71	49.25	53.63	53.07	51.98
Free Cash Flow	257.78	288.53	194.95	191.6	202
Free Cash Flow Growth	-10.66%	48.00%	1.75%	-5.15%	70.80%
Free Cash Flow Per Share	5.32	5.71	3.63	3.72	4.19
Gross Margin	58.78%	54.69%	54.11%	52.24%	52.23%
Operating Margin	16.91%	-23.50%	4.19%	-2.69%	2.68%
Profit Margin	10.19%	-25.94%	0.27%	-4.29%	0.61%
FCF Margin	22.85%	24.99%	17.61%	18.11%	21.77%
EBITDA	276.97	-149.71	155.84	73.88	107.32
EBITDA Margin	24.55%	-12.97%	14.08%	6.98%	11.57%
EBIT	190.75	-271.38	46.35	-28.49	24.91
EBIT Margin	16.91%	-23.50%	4.19%	-2.69%	2.68%
Effective Tax Rate	12.76%	4.14%	84.36%	18.30%	19.55%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q