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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›BLKB›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

BLACKBAUD INC (BLKB) financials

Income statement

BLACKBAUD INC (BLKB) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$788M$849M$900M$913M$928M$1.06B$1.11B$1.15B$1.13B
Revenue growth——7.6%6.1%1.4%1.6%14.1%4.6%4.3%-2.3%
Gross profit—$427M$467M$482M$485M$485M$553M$599M$631M$663M
Gross margin—54.1%55.0%53.5%53.1%52.2%52.2%54.1%54.7%58.8%
Operating income—$68.2M$59.4M$27.1M$37.2M$24.9M-$28.5M$46.4M-$271M$191M
Operating margin—8.6%7.0%3.0%4.1%2.7%-2.7%4.2%-23.5%16.9%
Net income—$73.6M$44.8M$11.9M$7.72M$5.70M-$45.4M$3.02M-$300M$115M
Net margin—9.3%5.3%1.3%0.8%0.6%-4.3%0.3%-25.9%10.2%
EPS (diluted)—$1.54$0.93$0.25$0.16$0.12-$0.88$0.06-$5.92$2.37

Cash flow

BLACKBAUD INC (BLKB) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—$176M$201M$182M$148M$214M$204M$200M$296M$266M
Capital expenditures—$10.2M$14.7M$11.5M$29.7M$11.7M$12.3M$4.68M$7.44M$7.77M
Free cash flow—$166M$187M$171M$118M$202M$192M$195M$289M$258M
Share buybacks——$0.00$0.00$41.0M$108M$0.00$18.8M$418M$217M
Dividends paid—$23.1M$23.3M$23.6M$5.96M$0.00$0.00———

Balance sheet

BLACKBAUD INC (BLKB) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$16.9M$29.8M$30.9M$31.8M$35.8M$55.1M$31.7M$31.3M$67.6M$38.9M
Total assets$1.31B$1.80B$1.62B$1.99B$2.04B$2.97B$2.99B$2.91B$2.50B$2.39B
Total liabilities$1.06B$1.46B$1.24B$1.60B$1.62B$2.25B$2.25B$2.10B$2.37B$2.31B
Long-term debt$338M$430M$380M$460M$518M$937M$840M$760M$1.05B$1.09B
Shareholders' equity$269M$336M$374M$397M$426M$717M$744M$810M$127M$85.1M
Retained earnings$174M$225M$246M$235M$237M$242M$197M$199M-$99.5M$15.5M
Shares (wtd avg diluted)—47.8M48.0M48.3M48.7M48.2M51.6M53.7M50.6M48.5M

Every figure is extracted from BLACKBAUD INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is BLACKBAUD INC's annual revenue?
BLACKBAUD INC (BLKB) reported $1.13B of revenue for fiscal year 2025 — down 2.3% from $1.15B in FY2024, per its annual report filed with the SEC.
Is BLACKBAUD INC profitable?
Yes — BLKB earned $115M of net income in FY2025, a 10.2% net margin, per SEC filings.
What is BLACKBAUD INC's free cash flow?
$258M in FY2025 (operating cash flow $266M minus $7.77M of capital expenditures), from the SEC cash-flow statement.
Does BLKB pay a dividend?
BLACKBAUD INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full BLKB analysis — verdict, score & filings →Is BLKB a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.