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BLKB Financials Blackbaud Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 4.3% per year over the past 5 years.
  • Net income has grown faster than revenue (71.7% vs 4.3% per year).
  • Operating margin has expanded, at 16.9% in the latest year.
  • Free cash flow has grown 16.9% per year over the past 5 years.

Financial health

  • Total debt ($1.1B) exceeds cash ($39M); net debt is $1.1B.
  • Total debt has grown faster than revenue (15.8% vs 4.3% per year).
  • Operating income covered interest expense 2.8× in the latest year, up from 2.2× 5 years ago.
  • Total debt is 4.0× EBITDA.
Revenue & net income
-$283M $436M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-25% 17% 59% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $144M $289M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $555M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$471M -$88M $296M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.1B $115M 58.8% 16.9% $258M $1.1B $39M
2024 $1.2B -$283M 54.7% -23.5% $289M $1.1B $68M
2023 $1.1B $2M 54.1% 4.2% $195M $781M $31M
2022 $1.1B -$45M 52.2% -2.7% $192M $862M $32M
2021 $928M $6M 52.2% 2.7% $202M $961M $55M
2020 $913M $8M 53.1% 4.1% $118M $534M $36M
2019 $900M $12M 53.5% 3.0% $171M $468M $32M
2018 $849M $45M 55.0% 7.0% $187M $389M $31M
2017 $788M $74M 54.1% 8.6% $166M $440M $30M
2016 $732M $45M 53.6% 9.3% $136M $344M $17M
2015 — $26M — — $111M $410M $15M
2014 — $28M — — $103M $282M $15M
2013 — $30M — — $87M $153M $12M
2012 — $7M — — $48M $216M $13M
2011 — $33M — — $67M $0 $53M

Valuation over time

How the market has priced BLKB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 1078.3 2156.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.9 3.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is BLKB growing its revenue and profit?

Over the past 5 years, Blackbaud Inc's revenue has grown 4.3% per year, and net income grown 71.7% per year. These are computed facts, not advice.

How much debt does BLKB have?

As of FY2025, Blackbaud Inc reported $1.1B of total debt against $39M of cash; operating income covered interest expense 2.8×.

What is BLKB's profit margin?

In FY2025, gross margin was 58.8%, operating margin 16.9%, and net margin 10.2%.

What is BLKB's P/E ratio?

As of Jun '26, Blackbaud Inc traded at a price-to-earnings ratio of about 10.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.