Company profile · Software

Blackbaud (BLKB)

Nasdaq: BLKB · Charleston, SC · Data from SEC filings, updated Oct 6, 2026

Overview

Blackbaud trades on Nasdaq under the ticker BLKB and is classified by RoxMag in the Software segment (SEC industry code 7372, Services-Prepackaged Software). Its principal executive offices are in Charleston, SC. The company was founded in 1981. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $1.13 billion and net income of $115.0 million. By public float it ranks #79 of the 153 software companies profiled on RoxMag.

Blackbaud, Inc. is an American cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.

Financial history

Annual figures as reported in Blackbaud's 10-K filings (US dollars).

Revenue growth
-2.3%
vs prior year, FY2025
Net margin
10.2%
net income ÷ revenue, FY2025
Operating margin
16.9%
operating income ÷ revenue, FY2025
R&D share of revenue
12.2%
R&D ÷ revenue, FY2025
Revenue
$927.7M FY2021 $1.1B FY2022 $1.1B FY2023 $1.2B FY2024 $1.1B FY2025
Net income
$5.7M FY2021 -$45.4M FY2022 $3.0M FY2023 -$299.5M FY2024 $115.0M FY2025
Annual financial data for Blackbaud
MetricFY2025FY2024FY2023FY2022FY2021
Revenue $1.1B$1.2B$1.1B$1.1B$927.7M
Gross profit $663.3M$631.4M$599.1M$552.7M$484.5M
Operating income $190.8M-$271.4M$46.4M-$28.5M$24.9M
Net income $115.0M-$299.5M$3.0M-$45.4M$5.7M
Research & development $138.1M$153.7M$147.5M$156.9M$124.6M
Total assets $2.4B$2.5B$2.9B$3.0B$3.0B
Stockholders' equity $85.1M$126.8M$809.9M$744.0M$717.1M
Cash & equivalents $38.9M$67.6M$31.3M$31.7M$55.1M

Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.

Recent SEC filings

  • 8-K 8-K
  • 8-K 8-K
  • 10-Q 10-Q
  • 8-K 8-K
  • 8-K 8-K
  • 10-Q 10-Q
  • DEF 14A DEF 14A
  • 10-K 10-K
  • 8-K 8-K
  • 8-K 8-K
  • 8-K 8-K
  • 8-K 8-K

All filings on SEC EDGAR →

Sources & method

Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.