Blackbaud Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,139	1,128	1,155	1,107	1,058	927.74
Revenue Growth (YoY)	-0.61%	-2.27%	4.29%	4.63%	14.05%	1.59%
Cost of Revenue	464.84	465.07	523.2	508.03	505.39	443.2
Gross Profit	674.08	663.29	631.43	599.06	552.72	484.55
Selling, General & Admin	308.46	332.17	340.22	402.1	421.36	332.58
Depreciation & Amortization Expenses	2.29	2.23	3.54	3.14	2.93	2.23
Research & Development	141.49	138.13	153.68	147.47	156.91	124.57
Other Operating Expenses	-	-	405.36	-	-	0.26
Total Operating Expenses	452.24	472.54	902.8	552.7	581.2	459.64
Operating Income	221.85	190.75	-271.38	46.35	-28.49	24.91
Interest Expense	-67.06	-67.97	-55.63	-39.92	-35.8	-18
Other Non-Operating Income (Expense)	9.29	9	14.55	12.86	8.71	0.18
Total Non-Operating Income (Expense)	-57.77	-58.97	-41.09	-27.06	-27.09	-17.82
Pretax Income	164.08	131.78	-312.46	19.29	-55.58	7.08
Provision for Income Taxes	22.78	16.81	-12.94	16.27	-10.17	1.39
Net Income	141.3	114.97	-299.52	3.02	-45.41	5.7
Net Income to Common	141.3	114.97	-299.52	3.02	-45.41	5.7
Net Income Growth	-	-	-	-	-	-26.16%
Shares Outstanding (Basic)	47	48	51	53	52	47
Shares Outstanding (Diluted)	48	48	51	54	52	48
Shares Change (YoY)	-5.33%	-4.13%	-5.88%	4.17%	6.92%	-0.96%
EPS (Basic)	3.00	2.41	-5.92	0.06	-0.88	0.12
EPS (Diluted)	2.95	2.37	-5.92	0.06	-0.88	0.12
EPS Growth	-	-	-	-	-	-25.00%
Shares Outstanding	46.3	46.71	49.25	53.63	53.07	51.98
Free Cash Flow	306.87	257.78	288.53	194.95	191.6	202
Free Cash Flow Growth	19.04%	-10.66%	48.00%	1.75%	-5.15%	70.80%
Free Cash Flow Per Share	6.42	5.32	5.71	3.63	3.72	4.19
Gross Margin	59.19%	58.78%	54.69%	54.11%	52.24%	52.23%
Operating Margin	19.48%	16.91%	-23.50%	4.19%	-2.69%	2.68%
Profit Margin	12.41%	10.19%	-25.94%	0.27%	-4.29%	0.61%
FCF Margin	26.94%	22.85%	24.99%	17.61%	18.11%	21.77%
EBITDA	306.97	276.97	-149.71	155.84	73.88	107.32
EBITDA Margin	26.95%	24.55%	-12.97%	14.08%	6.98%	11.57%
EBIT	221.85	190.75	-271.38	46.35	-28.49	24.91
EBIT Margin	19.48%	16.91%	-23.50%	4.19%	-2.69%	2.68%
Effective Tax Rate	13.88%	12.76%	4.14%	84.36%	18.30%	19.55%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q