Blackbaud Inc. (BLKB) Financial Statements (2026 and earlier)

Company Profile

Business Address 65 FAIRCHILD STREET
CHARLESTON, SC 29492
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments38,91467,62831,25131,69155,14635,750
Cash and cash equivalent38,91467,62831,25131,69155,14635,750
Restricted cash and investments721,369743,854697,359702,489597,593609,540
Receivables80,51783,539101,862102,809102,72695,404
Capitalized contract cost18,50018,40025,30029,10030,20031,900
Other undisclosed current assets70,79062,88773,98552,55465,30646,466
Total current assets:930,090976,308929,757918,643850,971819,060
Noncurrent Assets
Operating lease, right-of-use asset4,63026,55436,92745,89953,88322,671
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization85,07691,92698,689107,426111,428105,177
Long-term investments and receivables4,9434,943    
Long-term investments4,9434,943    
Intangible asset, including goodwill, after accumulated amortization1,163,4691,185,3871,635,6751,685,4081,756,692913,360
Goodwill1,056,8151,052,5061,053,7381,050,2721,058,640635,854
Intangible asset, excluding goodwill, after accumulated amortization106,654132,881581,937635,136698,052277,506
Deferred costs   160,194141,023121,377111,827
Other noncurrent assets51,57567,22151,03794,30477,26672,639
Other undisclosed noncurrent assets150,899143,376    
Total noncurrent assets:1,460,5921,519,4071,982,5222,074,0602,120,6461,225,674
TOTAL ASSETS:2,390,6822,495,7152,912,2792,992,7032,971,6172,044,734
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities27,34450,81025,18442,55922,06727,836
Accounts payable27,34450,81025,18442,55922,06727,836
Deferred revenue368,986359,529392,530382,419374,499312,236
Debt22,66023,87519,25918,80218,69712,840
Other undisclosed current liabilities763,105817,883760,164786,862694,369660,492
Total current liabilities:1,182,0951,252,0971,197,1371,230,6421,109,6321,013,404
Noncurrent Liabilities
Long-term debt and lease obligation1,087,0371,051,110760,405840,241990,869535,550
Long-term debt, excluding current maturities1,087,0371,051,110760,405840,241937,483518,193
Liabilities, other than long-term debt36,49650,515146,032177,788154,05669,630
Deferred revenue2,7782,0152,3972,8174,2474,678
Deferred income tax liabilities21,9819,51893,292125,759148,46554,086
Other liabilities7,1324,79610,2584,2941,34410,866
Operating lease, liability 4,60534,18640,08544,91853,38617,357
Total noncurrent liabilities:1,123,5331,101,625906,4371,018,0291,144,925605,180
Total liabilities:2,305,6282,353,7222,103,5742,248,6712,254,5571,618,584
Equity
Equity, attributable to parent85,054141,993808,705744,032717,060426,150
Common stock727169686661
Treasury stock, value(1,316,224)(1,060,348)(591,557)(537,287)(500,911)(353,091)
Additional paid in capital1,391,6411,291,4421,203,0121,075,264968,927544,963
Accumulated other comprehensive income (loss)(5,948)(4,869)(1,688)8,9386,522(2,497)
Retained earnings (accumulated deficit)15,513(84,303)198,869197,049242,456236,714
Other undisclosed equity, attributable to parent      
Total equity:85,054141,993808,705744,032717,060426,150
TOTAL LIABILITIES AND EQUITY:2,390,6822,495,7152,912,2792,992,7032,971,6172,044,734

Income Statement (P&L) ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,128,3651,155,4951,105,4321,058,105927,740913,219
Cost of revenue
(Cost of Product and Service Sold)
(465,073)(516,292)(502,188)(505,389)(443,195)(428,065)
Gross profit:663,292639,203603,244552,716484,545485,154
Operating expenses(472,538)(909,709)(558,539)(581,201)(459,639)(447,911)
Operating income (loss):190,754(270,506)44,705(28,485)24,90637,243
Nonoperating income8,99914,54912,8618,7131801,658
Investment income, nonoperating7,8929,8468,8211,7463921,660
Gain (loss), foreign currency transaction, before tax(2,846)487(36)4,635  
Other nonoperating income (expense)3,9534,2164,0762,332(212)(2)
Interest and debt expense   (39,922)(35,803)(18,003)(17,287)
Income (loss) from continuing operations before equity method investments, income taxes:199,753(255,957)17,644(55,575)7,08321,614
Other undisclosed loss from continuing operations before income taxes(67,970)(55,634)    
Income (loss) from continuing operations before income taxes:131,783(311,591)17,644(55,575)7,08321,614
Income tax expense (benefit)(16,813)28,419(15,824)10,168(1,385)(13,897)
Income (loss) from continuing operations:114,970(283,172)1,820(45,407)5,6987,717
Income before gain (loss) on sale of properties:5,6987,717
Net income (loss) available to common stockholders, diluted:114,970(283,172)1,820(45,407)5,6987,717

Comprehensive Income ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):114,970(283,172)1,820(45,407)5,6987,717
Other comprehensive income (loss)(1,079)(3,181)(10,626)2,4169,0192,793
Other undisclosed comprehensive loss      
Comprehensive income (loss):113,891(286,353)(8,806)(42,991)14,71710,510
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:113,891(286,353)(8,806)(42,991)14,71710,510

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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