Blackbaud › Financials
Blackbaud financials
BLKBTen years from Blackbaud’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $731.6M | $788.5M | $848.6M | $900.4M | $913.2M | $927.7M | $1.06B | $1.11B | $1.15B | $1.13B | $1.15B | — |
| Gross profit | $392.4M | $426.6M | $466.9M | $482.0M | $485.2M | $484.5M | $552.7M | $599.1M | $631.4M | $663.3M | $684.5M | — |
| Operating income | $68.2M | $68.2M | $59.4M | $27.1M | $37.2M | $24.9M | −$28.5M | $46.4M | −$271.4M | $190.8M | $227.2M | — |
| Net income | $45.4M | $73.6M | $44.8M | $11.9M | $7.7M | $5.7M | −$45.4M | $3.0M | −$299.5M | $115.0M | $150.7M | — |
| Earnings per share, diluted | $0.96 | $1.54 | $0.93 | $0.25 | $0.16 | $0.12 | −$0.88 | $0.06 | −$5.92 | $2.37 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $16.9M | $29.8M | $30.9M | $31.8M | $35.8M | $55.1M | $31.7M | $31.3M | $67.6M | $38.9M | — | $34.4M |
| Total assets | $1.31B | $1.76B | $1.62B | $1.99B | $2.04B | $2.97B | $2.99B | $2.91B | $2.50B | $2.39B | — | $2.59B |
| Debt | $343.9M | $440.3M | $388.8M | $468.2M | $534.2M | $961.2M | $862.0M | $781.1M | $1.08B | $1.11B | — | $1.15B |
| Total liabilities | $1.06B | $1.45B | $1.24B | $1.60B | $1.62B | $2.25B | $2.25B | $2.10B | $2.35B | $2.31B | — | $2.53B |
| Shareholders' equity | $247.5M | $306.9M | $373.8M | $396.8M | $426.1M | $717.1M | $744.0M | $808.7M | $142.0M | $85.1M | — | $67.0M |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $153.6M | $176.3M | $201.4M | $182.5M | $148.0M | $213.7M | $203.9M | $199.6M | $296.0M | $265.6M | $339.7M | — |
| Capital spending | $17.7M | $10.2M | $14.7M | $11.5M | $29.7M | $11.7M | $12.3M | $4.7M | $7.4M | $7.8M | $10.6M | — |
| Free cash flow | $135.9M | $166.1M | $186.7M | $171.0M | $118.3M | $202.0M | $191.6M | $194.9M | $288.5M | $257.8M | $329.2M | — |
| Buybacks | — | — | $0 | $0 | $41.0M | $108.4M | $0 | $18.8M | $418.0M | $217.2M | $225.6M | — |
| Dividends | $22.8M | $23.1M | $23.3M | $23.6M | $6.0M | $0 | $0 | — | — | — | — | — |
| Returned to shareholders | $22.8M | $23.1M | $23.3M | $23.6M | $47.0M | $108.4M | $0 | $18.8M | $418.0M | $217.2M | $225.6M | — |
| Stock-based pay | $32.6M | $40.6M | $48.3M | $58.6M | $87.3M | $120.4M | $110.3M | $127.8M | $105.0M | $92.9M | $90.1M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Blackbaud financials, answered
What is Blackbaud's market cap?
$2.34B at $51.65 a share, with 45,390,097 shares outstanding as of Jul 27, 2026, from the cover of its latest SEC filing.
How much does Blackbaud earn?
Revenue of $1.15B and net income of $150.7M in the last 12 months to Jun 2026.
How much debt does Blackbaud have?
Blackbaud reported $1.15B of debt and $34.4M of cash and equivalents on its balance sheet in Jun 2026.
Does Blackbaud make free cash flow?
Yes. Operating cash flow minus capital spending was $329.2M in the last 12 months to Jun 2026.
How much cash does Blackbaud return to shareholders?
$217.2M in buybacks and dividends in fiscal 2025, from the cash flow statement.