Blackbaud, Inc. (BLKB)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	927.74	913.22	900.42	848.61	788.49	731.64	637.94	564.42	503.82	447.42
Revenue Growth (YoY)	1.59%	1.42%	6.11%	7.63%	7.77%	14.69%	13.03%	12.03%	12.61%	20.64%
Cost of Revenue	443.2	428.07	418.42	381.74	361.9	339.22	304.63	273.44	232.66	202.46
Gross Profit	484.55	485.15	482	466.86	426.58	392.42	333.31	290.98	271.15	244.96
Selling, General & Admin	332.58	344.61	337.57	299.2	264.43	231.49	199.73	165.64	147.93	158.35
Research & Development	124.57	100.15	106.16	98.81	89.91	89.87	84.64	77.18	65.65	64.69
Other Operating Expenses	2.49	3.15	11.12	9.43	4.07	2.84	2.23	1.8	6.03	2.28
Operating Expenses	459.64	447.91	454.85	407.45	358.41	324.2	286.6	244.62	219.61	225.32
Operating Income	24.91	37.24	27.15	59.42	68.18	68.22	46.71	46.36	51.54	19.64
Interest Expense / Income	18	17.29	20.62	15.9	12.1	10.58	8.07	6.01	5.82	5.86
Other Expense / Income	-0.18	-1.66	-4.06	-1.1	-2.26	0.29	1.69	1.12	0.4	0.45
Pretax Income	7.08	21.61	10.59	44.62	58.34	57.35	36.95	39.23	45.33	13.33
Income Tax	1.39	13.9	-1.32	-0.22	-15.29	11.95	11.3	10.94	14.86	6.74
Net Income	5.7	7.72	11.91	44.84	73.63	45.4	25.65	28.29	30.47	6.58
Net Income Common	5.7	7.72	11.91	44.84	73.63	45.4	25.65	28.29	30.47	6.58
Net Income Growth	-26.16%	-35.20%	-73.44%	-39.10%	62.17%	77.02%	-9.34%	-7.16%	362.89%	-80.18%
Shares Outstanding (Basic)	47	48	48	47	47	46	46	45	45	44
Shares Outstanding (Diluted)	48	49	48	48	48	47	46	46	45	45
Shares Change	-0.96%	0.80%	0.56%	0.56%	0.97%	1.76%	1.53%	0.83%	1.63%	1.23%
EPS (Basic)	0.12	0.16	0.25	0.95	1.58	0.98	0.56	0.63	0.68	0.15
EPS (Diluted)	0.12	0.16	0.25	0.93	1.54	0.96	0.55	0.62	0.67	0.15
EPS Growth	-25.00%	-36.00%	-73.12%	-39.61%	60.42%	74.54%	-11.29%	-7.46%	346.67%	-80.00%
Free Cash Flow Per Share	3.41	1.58	2.60	3.16	2.95	2.38	2.08	2.09	1.88	1.06
Dividend Per Share	-	0.120	0.480	0.480	0.480	0.480	0.480	0.480	0.480	0.480
Dividend Growth	-	-75.00%	-	-	-	-	-	-	-	-
Gross Margin	52.20%	53.10%	53.50%	55.00%	54.10%	53.60%	52.20%	51.60%	53.80%	54.70%
Operating Margin	2.70%	4.10%	3.00%	7.00%	8.60%	9.30%	7.30%	8.20%	10.20%	4.40%
Profit Margin	0.60%	0.80%	1.30%	5.30%	9.30%	6.20%	4.00%	5.00%	6.00%	1.50%
Free Cash Flow Margin	17.40%	8.30%	13.80%	17.60%	17.50%	15.00%	14.90%	16.70%	16.70%	10.50%
Effective Tax Rate	19.55%	64.30%	-12.50%	-0.49%	-26.21%	20.83%	30.59%	27.89%	32.78%	50.60%
EBITDA	107.5	131.64	116.9	140.09	144.39	138.42	101.02	90.66	94.31	51.43
EBITDA Margin	11.60%	14.40%	13.00%	16.50%	18.30%	18.90%	15.80%	16.10%	18.70%	11.50%
Depreciation & Amortization	82.41	92.74	85.69	79.57	73.95	70.49	56	45.42	43.16	32.24
EBIT	25.09	38.9	31.2	60.52	70.44	67.93	45.03	45.25	51.15	19.19
EBIT Margin	2.70%	4.30%	3.50%	7.10%	8.90%	9.30%	7.10%	8.00%	10.20%	4.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).