Blackbaud, Inc. (BLKB)

Blackbaud Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	141.24	114.97	-299.52	3.02	-45.41	5.7
Depreciation & Amortization	85.12	86.22	121.67	109.49	102.37	82.41
Stock-Based Compensation	94.62	92.91	104.97	127.76	110.29	120.38
Other Adjustments	11.49	1.5	347.45	-13.07	-12.54	21.08
Change in Receivables	-2.1	-0.94	4.73	-3.24	-7.34	-6.53
Changes in Accounts Payable	0.37	-23.54	28.34	-18.58	21.61	-9.67
Changes in Accrued Expenses	-5.88	-10.83	-12.99	-29.67	-2.39	-8.19
Changes in Unearned Revenue	7.55	9.74	-1.86	7.21	11.06	10.53
Changes in Other Operating Activities	-17.34	-4.49	3.19	16.71	26.24	-2.05
Operating Cash Flow	315.62	265.55	295.97	199.63	203.89	213.66
Operating Cash Flow Growth	35.61%	-10.28%	48.26%	-2.09%	-4.57%	44.41%
Capital Expenditures	-8.75	-7.77	-7.44	-4.69	-12.29	-11.66
Purchases of Intangible Assets	-54.06	-54.24	-59.76	-59.44	-58.77	-40.49
Payments for Business Acquisitions	-	-0.7	-	-0.01	-20.91	-419.12
Proceeds from Business Divestments	-6.12	-12.24	-1.18	-	6.43	-
Other Investing Activities	-	-	-5.03	-0.25	-	-
Investing Cash Flow	-63.51	-74.94	-73.41	-64.39	-85.55	-471.27
Long-Term Debt Issued	328.2	404.5	1,441	293.2	211	582.2
Long-Term Debt Repaid	-359.23	-369.78	-1,145	-374.6	-310.74	-152.97
Net Long-Term Debt Issued (Repaid)	-31.03	34.72	296.69	-81.4	-99.74	429.23
Repurchase of Common Stock	-226.79	-257.56	-474.86	-54.7	-36.38	-147.82
Net Common Stock Issued (Repurchased)	-226.79	-257.56	-474.86	-54.7	-36.38	-147.82
Other Financing Activities	-2.31	-24.56	38.82	-6.87	110.43	-17.3
Financing Cash Flow	-260.14	-247.4	-139.35	-142.97	-25.69	264.11
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.15	6.25	-1.96	2.05	-10.49	0.3
Net Cash Flow	-3.88	-50.54	81.26	-5.67	82.17	6.79
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%
FCF Margin	26.94%	22.85%	24.99%	17.61%	18.11%	21.77%
Free Cash Flow Per Share	6.42	5.32	5.71	3.63	3.72	4.19
Levered Free Cash Flow	171.34	199.02	128.07	2.1	1.45	496.29
Unlevered Free Cash Flow	252.12	215.75	-129.24	87.73	123.32	81.4

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

SEC Filings: 10-K · 10-Q