Blackbaud, Inc. (BLKB) — Financial statements
Income statement, balance sheet, and cash flow for Blackbaud, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,128↓2.3% | 1,155↑4.5% | 1,105↑4.5% | 1,058↑14.1% | 928 | |
| Cost of Revenue | 465↓9.9% | 516↑3.0% | 501↓0.8% | 505↑14.0% | 443 | |
| Gross Profit | 663↑3.8% | 639↑5.8% | 604↑9.3% | 553↑14.1% | 485 | |
| Operating Expenses | ||||||
| R&D Expenses | 138↓24.6% | 183↑19.5% | 153↓3.7% | 159↑27.8% | 125 | |
| General & Administrative Expenses | 155↑59.0% | 97↓21.2% | 123↓10.6% | 138↓0.8% | 139 | |
| Selling & Marketing Expenses | 178↓10.1% | 197↓6.9% | 212↓4.2% | 221↑18.9% | 186 | |
| SG&A Expenses | 332↑12.7% | 295↓12.2% | 336↓6.6% | 359↑10.4% | 325 | |
| Other Expenses | 2↓99.5% | 432↑512.8% | 70↑12.7% | 63↑551.1% | 10 | |
| Operating Expenses | 473↓48.1% | 910↑62.6% | 559↓3.8% | 581↑26.4% | 460 | |
| Total Costs & Expenses | 938↓34.2% | 1,426↑34.4% | 1,061↓2.4% | 1,087↑20.4% | 903 | |
| Operating Results | ||||||
| Operating Income | 191↑170.5% | -271↓705.1% | 45↑256.9% | -28↓214.4% | 25 | |
| Depreciation & Amortization | 86↑17.5% | 73↑10.0% | 67↑1.7% | 66↑27.5% | 51 | |
| EBITDA | 286↑12.7% | 254↑42.0% | 179↑80.5% | 99↑18.3% | 84 | |
| EBIT | 200↑10.8% | 180↑61.0% | 112↑235.0% | 33↑3.6% | 32 | |
| Interest & Other Income | ||||||
| Net Interest Income | -60↓31.2% | -46↓47.2% | -31↑8.7% | -34↓93.4% | -18 | |
| Interest Income | 8↓19.8% | 10↑11.6% | 9↑405.2% | 2↑345.4% | 0.39 | |
| Interest Expense | 68↑22.2% | 56↑39.4% | 40↑11.5% | 36↑98.9% | 18 | |
| Non-Operating Income | -9↑98.0% | -451↓569.7% | -67↓8.7% | -62↓739.2% | -7 | |
| Other Income / Expenses | -59↓43.5% | -41↓51.8% | -27↑0.1% | -27↓52.0% | -18 | |
| Income Before Tax | 132↑142.3% | -312↓1866.0% | 18↑131.7% | -56↓884.6% | 7 | |
| Income Tax Expense | 17↑159.2% | -28↓279.6% | 16↑255.6% | -10↓834.2% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 115↑140.6% | -283↓15658.9% | 2↑104.0% | -45↓896.9% | 6 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 115↑140.6% | -283↓15658.9% | 2↑104.0% | -45↓896.9% | 6 | |
| Bottom-Line Net Income | 115↑140.6% | -283↓15658.9% | 2↑104.0% | -45↓896.9% | 6 | |
| EPS (Basic) | 2.41↑143.0% | -5.60↓16285.0% | 0.03↑103.9% | -0.88↓833.3% | 0.12 | |
| EPS (Diluted) | 2.37↑142.3% | -5.60↓16619.2% | 0.03↑103.9% | -0.88↓833.3% | 0.12 | |
| Weighted Average Shares | 48↓5.7% | 51↓3.8% | 53↑1.9% | 52↑8.8% | 47 | |
| Weighted Average Diluted Shares | 48↓4.1% | 51↓5.9% | 54↑4.2% | 52↑6.9% | 48 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.