BLACKBAUD INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.1B | $1.2B | $1.1B | $1.1B | $927.7M |
| Cost of revenue | $465.1M | $523.2M | $508.0M | $505.4M | $443.2M |
| Gross profit | $663.3M | $631.4M | $599.1M | $552.7M | $484.5M |
| Research and development | $138.1M | $153.7M | $147.5M | $156.9M | $124.6M |
| Operating expenses | $472.5M | $902.8M | $552.7M | $581.2M | $459.6M |
| Operating income | $190.8M | -$271.4M | $46.4M | -$28.5M | $24.9M |
| Interest expense | $68.0M | $55.6M | $39.9M | $35.8M | $18.0M |
| Pretax income | $131.8M | -$312.5M | $19.3M | -$55.6M | $7.1M |
| Income tax expense | $16.8M | -$12.9M | $16.3M | -$10.2M | $1.4M |
| Net income | $115.0M | -$299.5M | $3.0M | -$45.4M | $5.7M |
| Balance Sheet | |||||
| Cash and equivalents | $38.9M | $67.6M | $31.3M | $31.7M | $55.1M |
| Current assets | $930.1M | $976.6M | $929.8M | $918.6M | $851.0M |
| Total assets | $2.4B | $2.5B | $2.9B | $3.0B | $3.0B |
| Current liabilities | $1.2B | $1.3B | $1.2B | $1.2B | $1.1B |
| Total liabilities | $2.3B | $2.4B | $2.1B | $2.2B | $2.3B |
| Total debt | $1.1B | $1.1B | $781.1M | $862.0M | $961.2M |
| Stockholders' equity | $85.1M | $126.8M | $809.9M | $744.0M | $717.1M |
| Cash Flow Statement | |||||
| Cash from operations | $265.6M | $296.0M | $199.6M | $203.9M | $213.7M |
| Depreciation and amortization | $10.1M | $12.8M | $13.0M | $14.1M | $14.4M |
| Stock-based compensation | $92.9M | $105.0M | $127.8M | $110.3M | $120.4M |
| Capital expenditure | $7.8M | $7.4M | $4.7M | $12.3M | $11.7M |
| Free cash flow | $257.8M | $288.5M | $194.9M | $191.6M | $202.0M |
| Dividends paid | — | — | — | $0 | $0 |
| Share repurchases | $217.2M | $418.0M | $18.8M | $0 | $108.4M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 45.9M · Free float 76.7%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.