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Blackbaud, Inc.

BLKBTechnologyNASDAQ

Software - Application · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.13B
-2.3% YoY
Net Income
$115.0M
+138.4% YoY
EBITDA
$286.0M
+311.6% YoY
Free Cash Flow
$204.6M

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About Blackbaud, Inc.

Part of the technology sector, Blackbaud, Inc. (BLKB) is listed under Software - Application. At a $1.41B market cap, Blackbaud, Inc. ranks as a small-cap company within technology. The company offers fundraising and engagement solutions, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, and Blackbaud Altru; financial management solutions, such as Blackbaud Financial Edge NXT, Blackbaud Purchase Cards, Blackbaud Tuition Management, Blackbaud Financial Aid Management, and Blackbaud Billing Management; and grant and award management solutions, which includes Blackbaud Grantmaking and Blackbaud Award Management.

Key stats
Market Cap$1.41B
P/E (TTM)10.40
Fwd P/E5.23
EPS$2.95
Beta1.09
52W Change-50.7%
ROE418.7%
Analysis

On the balance sheet, BLKB has $34.9M in cash with $1.19B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $204.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 418.7%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $1.06B (2022) to $1.13B (2025).

Blackbaud, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Blackbaud, Inc.'s trajectory.

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