Inferra AI / Company / BLKB
Blackbaud Inc
BLKB · Information Technology
Last earnings Oct 28, 2026
Key results
Revenuequarter
$281.1 million
Third Quarter 2025 Results Compared to Third Quarter 2024 Results GAAP total revenue was $281.1 million, down 1.9% (driven by divestiture of EVERFI) and non-GAAP organic revenue increased 5.2%.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Growthquarter
down 1.9%
Third Quarter 2025 Results Compared to Third Quarter 2024 Results GAAP total revenue was $281.1 million, down 1.9% (driven by divestiture of EVERFI) and non-GAAP organic revenue increased 5.2%.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
GAAP recurring revenue was $275.8 million, down 1.5% (driven by divestiture of EVERFI) and represented 98.1% of total revenue.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP organic recurring revenue increased 5.5%.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
GAAP operating marginquarter
19.4%
GAAP income from operations was $54.6 million, with GAAP operating margin of 19.4%, an increase of 500 basis points.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Operating marginquarter
29.9%
Non-GAAP income from operations was $84.0 million, with non-GAAP operating margin of 29.9%, an increase of 240 basis points.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
GAAP net incomequarter
$47.5 million
GAAP net income was $47.5 million, with GAAP diluted earnings per share of $0.98, up $0.63 per share.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
GAAP EPSquarter
$0.98
GAAP net income was $47.5 million, with GAAP diluted earnings per share of $0.98, up $0.63 per share.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP net incomequarter
$53.2 million
Non-GAAP net income was $53.2 million, with non-GAAP diluted earnings per share of $1.10, up $0.11 per share.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
EPSquarter
$1.10
Non-GAAP net income was $53.2 million, with non-GAAP diluted earnings per share of $1.10, up $0.11 per share.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP free cash flowquarter
$123.2 million
Non-GAAP free cash flow was $123.2 million, an increase of $34.9 million, with non-GAAP free cash flow margin of 43.8%, an increase of 1,300 basis points.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Free cash flowquarter
43.8%
Non-GAAP free cash flow was $123.2 million, an increase of $34.9 million, with non-GAAP free cash flow margin of 43.8%, an increase of 1,300 basis points.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
AI analysis
Q3 2025 · reported Oct 29, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $281.1 million | — | — |
| Growth | down 1.9% | — | — |
| GAAP operating margin | 19.4% | — | — |
| Operating margin | 29.9% | — | — |
| GAAP net income | $47.5 million | — | — |
| GAAP EPS | $0.98 | — | — |
| Non-GAAP net income | $53.2 million | — | — |
| EPS | $1.10 | — | — |
Guidance · company-stated
Direction: reiterated
No guidance located in the held release
“Financial Outlook Blackbaud today reaffirmed its 2026 full year financial guidance and expects to finish in the upper half of the range across all four key metrics GAAP revenue of $1.”
Margin
Cash flow & capex
Capital allocation
Year to date we have repurchased more than 5% of our common stock outstanding while also reducing our leverage ratio from 2.9x in Q1 to 2.4x in Q3.
Non-GAAP adjusted free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software development, capital expenditures for property and equipment, plus cash outflows related to the previously disclosed Security Incident discovered in May 2020 (the Security Incident ).
Event summary
Blackbaud Announces 2025 Third Quarter Results Blackbaud launches new AI innovation at annual bbcon conference
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Year to date we have repurchased more than 5% of our common stock outstanding while also reducing our leverage ratio from 2.9x in Q1 to 2.4x in Q3.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP adjusted free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software development, capital expenditures for property and equipment, plus cash outflows related to the previously disclosed Security Incident discovered in May 2020 (the Security Incident ).
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Stock Repurchase Program As of September 30, 2025, Blackbaud had approximately $514 million remaining under its common stock repurchase program that was expanded, replenished and reauthorized in July 2024.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Based on our current plans, we expect total repurchases during 2025 to represent between 5.2% and 7.0% of our outstanding common stock as of December 31, 2024.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software development, and capital expenditures for property and equipment.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Non-GAAP adjusted free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software development, and capital expenditures for property and equipment, plus cash outflows related to the Security Incident.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Strategy & priorities
We remain committed to providing investors an attractive financial model balanced across growth in revenues, earnings, and cash flows along with a prudent and purposeful capital allocation strategy.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Blackbaud Institute published a new report in partnership with GivingTuesday , which examines the unique long-term impact of GivingTuesday donors and provides strategies for nonprofits to strengthen year-round engagement.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Risks & headwinds
These statements involve a number of risks and uncertainties.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
In addition, other important factors that could cause results to differ materially include the following management of integration of acquired companies uncertainty regarding increased business and renewals from existing customers a shifting revenue mix that may impact gross margin continued success in sales growth cybersecurity and data protection risks and related liabilities potential litigation involving us and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC s website at www.
SEC original ↗Blackbaud Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
35 documents- Q3 2026
- 8-KBLKB
Oct 28, 2026
- Q2 2026
- 8-KBLKB
Aug 10, 2026
- 8-KBLKB
Jul 29, 2026
- 10-QBLKB
Jul 29, 2026
- Q1 2026
- 8-KBLKB
Jun 11, 2026
- 8-KBLKB
Apr 29, 2026
- 10-QBLKB
Apr 29, 2026
- Q4 2025
- 10-KBLKB
Feb 18, 2026
- 8-KBLKB
Feb 10, 2026
- Q3 2025
- 8-KBLKB
Dec 22, 2025
- 8-KBLKB
Dec 19, 2025
- 8-KBLKB
Dec 5, 2025
- 8-KBLKB
Dec 2, 2025
- EX-99BLKB
Dec 2, 2025
- 10-QBLKB
Nov 3, 2025
- 8-KBLKB
Oct 29, 2025
- Q2 2025
- 8-KBLKB
Sep 12, 2025
- 8-KBLKB
Jul 30, 2025
- 10-QBLKB
Jul 30, 2025
- Q1 2025
- 8-KBLKB
Jun 13, 2025
- 8-KBLKB
Apr 30, 2025
- 8-KBLKB
Apr 30, 2025
- 10-QBLKB
Apr 30, 2025
- EX-99BLKB
Apr 30, 2025
- Q4 2024
- 8-KBLKB
Mar 13, 2025
- 10-KBLKB
Feb 21, 2025
- 8-KBLKB
Feb 18, 2025
- 8-K/ABLKB
Feb 7, 2025
- 8-KBLKB
Jan 2, 2025
- EX-99BLKB
Jan 2, 2025
- Q3 2024
- 8-KBLKB
Dec 12, 2024
- 8-KBLKB
Dec 9, 2024
- EX-99BLKB
Dec 9, 2024
- 8-KBLKB
Oct 30, 2024
- 10-QBLKB
Oct 30, 2024
Earnings releases
9 documentsPresentations
0 documentsNo presentations for Blackbaud Inc are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Blackbaud Inc are held in this edition of the library.
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