YOLFTbeta
Blackbaud Inc

Blackbaud Inc

BLKB · NASDAQ · Technology / Software - Application

54.15USD+0.59 (+1.10%)

Price History

Full chart

Market Stats

Previous Close53.56
Open54.04
Day Range53.34 – 54.92
52-Week Range25.58 – 70.71
Volume297.30K
Market Cap1.96B
P/E (TTM)13.50
Forward P/E7.67
EPS3.20
Dividend Yield0.00%
Beta0.99
50-Day Avg43.08
200-Day Avg43.05

About

Blackbaud, Inc. engages in the providing AI-powered solutions in the United States and internationally. 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. It also offers education solutions, including Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, and Blackbaud School Website System; social responsibility, employee giving, and volunteering solutions, such as YourCause GrantsConnect and YourCause CSRconnect, and Blackbaud Impact Edge; and payment services, which includes Blackbaud Merchant Services. In addition, the company provides data intelligence solutions; professional and managed services, such as system implementation, data conversion, business process analysis and application customization, database merging and enrichment, database production activities, website design services, and outcome-based and prescriptive services; and training solutions. The company sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Michael P. Gianoni
  • Employees2.80K
  • Headquarters65 Fairchild Street, Charleston, SC, United States, 29492, USA
  • Websitehttps://www.blackbaud.com

Leadership

  • Mr. Michael P. GianoniPresident, CEO & Non-Independent Vice Chairman of the Board · b. 1961
  • Mr. Chad M. AndersonExecutive VP & CFO · b. 1973
  • Mr. Kevin P. GregoireExecutive VP & COO · b. 1968
  • Mr. Kevin R. McDearisExecutive VP & CTO · b. 1968
  • Mr. Anthony W. BoorExecutive VP of Corporate Development & Strategy and Director · b. 1963
  • Mr. David J. BenjaminExecutive VP & Chief Commercial Officer · b. 1972
  • Mr. Chris LindnerChief Information Officer
  • Mr. Tom BarthHead of Investor Relations
  • Mr. Jon W. Olson J.D.Chief Legal Officer & Corporate Secretary · b. 1964
  • Nicole McGouganPublic Relations Manager

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue92.48M83.62M90.03M105.23M118.09M138.75M166.30M191.96M257.04M302.50M309.34M327.09M370.87M447.42M503.82M564.42M637.94M730.82M788.31M848.61M900.42M913.22M927.74M1.06B1.11B1.15B1.13B
Growth (%)--9.58%+7.67%+16.88%+12.22%+17.49%+19.86%+15.43%+33.90%+17.68%+2.26%+5.74%+13.38%+20.64%+12.61%+12.03%+13.03%+14.56%+7.87%+7.65%+6.11%+1.42%+1.59%+14.05%+4.47%+4.45%-2.27%
Cost of Revenue23.93M25.40M26.46M30.98M39.37M40.54M50.13M57.27M92.48M116.42M120.94M131.81M157.19M202.46M231.86M273.44M304.63M339.22M361.90M380.84M417.22M427.17M443.19M505.39M501.39M523.20M465.07M
Gross Profit68.55M58.21M63.57M74.25M78.72M98.21M116.17M134.69M164.56M186.08M188.40M195.28M213.67M244.96M271.95M290.98M333.31M392.42M426.58M467.76M483.20M486.05M484.55M552.72M604.04M631.43M663.29M
Gross Margin74.12%69.62%70.61%70.56%66.66%70.78%69.85%70.16%64.02%61.51%60.90%59.70%57.61%54.75%53.98%51.55%52.25%53.70%54.11%55.12%53.66%53.22%52.23%52.24%54.64%54.69%58.78%
Operating Expense42.98M38.83M41.20M45.23M73.02M79.05M70.44M86.98M112.15M138.68M142.61M148.98M162.75M212.05M215.12M244.62M286.60M324.20M358.40M408.35M456.05M448.81M459.64M581.20M559.34M497.44M472.54M
Operating Income25.56M19.39M22.37M29.02M5.70M19.16M45.72M47.71M52.41M47.40M45.79M46.30M50.93M32.91M56.84M46.36M46.71M68.22M68.18M59.42M27.14M37.24M24.91M-28.48M44.70M133.98M190.75M
Operating Margin27.64%23.18%24.85%27.57%4.82%13.81%27.50%24.85%20.39%15.67%14.80%14.15%13.73%7.36%11.28%8.21%7.32%9.34%8.65%7.00%3.01%4.08%2.68%-2.69%4.04%11.60%16.91%
EBITDA28.07M21.59M48.82M33.44M10.18M19.16M45.72M47.71M52.41M60.60M62.14M62.20M68.45M65.15M99.00M92.88M101.21M132.12M130.12M134.37M99.15M103.88M83.69M99.01M178.72M-135.16M285.97M
EBITDA Margin30.36%25.81%54.22%31.78%8.62%13.81%27.50%24.85%20.39%20.03%20.09%19.02%18.46%14.56%19.65%16.46%15.86%18.08%16.51%15.83%11.01%11.38%9.02%9.36%16.17%-11.71%25.34%
Net Income24.90M5.10M8.91M15.64M-478.00K12.64M33.30M30.51M31.72M29.88M28.45M29.80M33.22M6.58M30.47M28.29M25.65M41.52M65.93M44.84M11.91M7.72M5.70M-45.41M1.82M-299.52M114.97M
Net Income Margin26.93%6.09%9.89%14.86%-0.40%9.11%20.03%15.89%12.34%9.88%9.20%9.11%8.96%1.47%6.05%5.01%4.02%5.68%8.36%5.28%1.32%0.85%0.61%-4.29%0.16%-25.94%10.19%
R&D13.92M13.91M14.76M14.38M15.52M17.88M21.00M23.12M28.52M38.71M45.66M45.53M47.67M64.69M66.64M80.81M90.28M98.17M102.71M115.41M126.86M100.15M124.57M159.21M153.30M153.68M138.13M
R&D as % of Total Revenue15.06%16.64%16.39%13.67%13.14%12.88%12.63%12.04%11.10%12.80%14.76%13.92%12.85%14.46%13.23%14.32%14.15%13.43%13.03%13.60%14.09%10.97%13.43%15.05%13.87%13.31%12.24%
Interest Expense00000272.00K49.00K48.00K1.16M1.53M962.00K74.00K200.00K5.86M5.82M6.01M8.07M10.58M12.10M15.90M20.62M17.29M18.00M35.80M39.92M55.63M67.97M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.20%0.03%0.03%0.45%0.50%0.31%0.02%0.05%1.31%1.15%1.06%1.27%1.45%1.53%1.87%2.29%1.89%1.94%3.38%3.61%4.82%6.02%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets142.63M136.59M-132.91M120.97M160.81M147.50M193.82M237.69M313.89M304.23M328.09M392.59M705.75M706.61M943.18M1.22B1.31B1.76B1.62B1.99B2.04B2.97B2.99B2.91B2.50B2.39B
Total Liabilities148.47M137.41M-99.40M61.11M71.02M81.23M96.59M124.59M223.38M188.12M205.03M252.59M558.06M545.07M757.27M1.01B1.06B1.45B1.24B1.60B1.62B2.25B2.25B2.10B2.35B2.31B
Total Equity-5.84M-821.00K-33.51M59.86M89.79M66.27M97.23M113.10M90.51M116.11M123.06M140.00M147.68M161.54M185.92M210.59M247.54M306.90M373.78M396.76M426.15M717.06M744.03M808.71M141.99M85.05M
Cash4.56M1.71M-18.70M6.71M42.14M22.68M67.78M14.78M16.36M22.77M27.97M52.52M13.49M11.89M14.73M15.36M16.90M29.83M30.87M31.81M35.75M55.15M31.69M31.25M67.63M758.98M
Total Debt---50.48M5.19M44.00K--1.10M61.92M1.29M--215.50M152.91M280.57M408.60M342.39M438.22M387.12M562.72M548.39M1.01B903.96M819.75M1.11B1.12B
Net Debt-4.56M-1.71M-31.78M-1.52M-42.10M-22.68M-67.78M-13.68M45.56M-21.48M-27.97M-52.52M202.01M141.02M265.84M393.24M325.49M408.39M356.26M530.91M512.64M954.42M872.27M788.50M1.04B359.93M

Cash Flow

Currency: USD1999-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-32.47M36.59M43.55M51.85M62.95M62.87M60.31M86.80M55.91M85.53M68.69M107.24M102.28M114.34M153.63M176.29M201.38M182.48M147.96M213.66M203.89M199.63M295.97M265.55M
Investing Cash Flow--1.99M-3.75M-3.21M-5.17M-10.80M-92.53M-56.03M-7.79M-18.22M-41.74M-302.49M-24.16M-211.36M-222.71M-47.43M-184.88M-97.79M-167.22M-71.85M-471.27M-85.55M-64.39M-73.41M-74.94M
Financing Cash Flow--20.47M-45.06M-4.63M-65.84M-7.09M-23.38M-958.00K-73.19M-32.75M-19.26M194.56M-84.29M112.04M110.39M-104.55M278.64M-291.91M111.21M-10.68M264.11M-25.69M-142.97M-139.35M-247.40M
Capital Expenditure01.49M2.67M3.04M4.16M10.80M8.12M57.61M5.53M10.89M19.23M21.80M23.28M22.45M34.11M44.05M38.55M52.35M58.37M71.85M52.15M71.06M64.13M7.44M7.77M
Free Cash Flow-30.98M33.92M40.51M47.69M52.16M54.74M2.70M81.26M45.02M66.30M46.89M83.96M79.83M80.23M109.58M137.74M149.04M124.11M76.11M161.51M132.83M135.51M288.52M257.78M
Dividends Paid----8.52M12.28M15.07M17.50M17.67M19.49M21.43M21.73M22.08M22.11M22.51M22.81M23.07M23.31M23.61M5.96M303.63M37.72M---
FCF to OCF-95.40%92.71%93.02%91.98%82.84%87.08%4.48%93.62%80.52%77.52%68.26%78.29%78.05%70.16%71.32%78.13%74.01%68.01%51.44%75.59%65.15%67.88%97.49%97.08%
Dividend Paid to FCF----17.86%23.55%27.54%647.56%21.75%43.29%32.32%46.35%26.30%27.69%28.06%20.82%16.75%15.64%19.02%7.83%188.00%28.39%---

Earnings

Report DateAug 4, 2004Oct 27, 2004Feb 1, 2005Apr 27, 2005Jul 27, 2005Oct 31, 2005Feb 16, 2006May 8, 2006Aug 7, 2006Oct 30, 2006Feb 5, 2007May 3, 2007Aug 6, 2007Nov 1, 2007Feb 7, 2008May 7, 2008Aug 4, 2008Nov 3, 2008Feb 5, 2009Apr 30, 2009Jul 30, 2009Oct 28, 2009Feb 4, 2010Apr 27, 2010Jul 27, 2010Nov 2, 2010Feb 7, 2011May 9, 2011Aug 4, 2011Nov 1, 2011Feb 22, 2012May 3, 2012Aug 7, 2012Nov 1, 2012Feb 13, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Feb 12, 2014Apr 30, 2014Jul 30, 2014Oct 29, 2014Feb 10, 2015Apr 29, 2015Jul 29, 2015Oct 28, 2015Feb 9, 2016Apr 27, 2016Aug 1, 2016Nov 1, 2016Feb 8, 2017May 1, 2017Jul 31, 2017Oct 25, 2017Feb 6, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 6, 2019Apr 30, 2019Jul 30, 2019Oct 28, 2019Feb 10, 2020May 5, 2020Jul 29, 2020Oct 28, 2020Feb 8, 2021Apr 28, 2021Aug 3, 2021Nov 3, 2021Feb 22, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 13, 2023May 3, 2023Aug 1, 2023Oct 31, 2023Feb 12, 2024Apr 30, 2024Jul 30, 2024Oct 30, 2024Feb 10, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 10, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate-0.130.130.120.150.160.150.150.190.200.200.150.220.230.220.200.240.250.220.170.210.220.240.200.220.240.270.210.250.290.290.200.220.240.240.200.270.330.320.210.270.310.350.310.380.390.390.420.500.510.540.470.510.510.600.590.670.550.550.510.560.500.500.460.500.700.710.620.690.640.680.660.670.600.600.710.920.971.050.911.041.061.070.921.061.071.141.120.790.93
EPS Actual0.120.150.130.130.160.170.160.160.200.220.200.160.220.230.230.200.250.260.240.190.230.260.270.200.220.250.270.230.270.290.270.170.240.260.270.260.330.370.320.240.350.350.340.320.410.380.380.420.460.450.590.460.540.560.610.660.690.590.650.510.660.560.510.510.850.730.850.680.820.780.750.570.750.690.680.720.981.121.140.931.080.991.080.961.211.101.191.140.83-
Surprise-15.38%0.00%8.33%6.67%6.25%6.67%6.67%5.26%10.00%0.00%6.67%0.00%0.00%4.55%0.00%4.17%4.00%9.09%11.76%9.52%18.18%12.50%0.00%0.00%4.17%0.00%9.52%8.00%0.00%-6.90%-15.00%9.09%8.33%12.50%30.00%22.22%12.12%0.00%14.29%29.63%12.90%-2.86%3.23%7.89%-2.56%-2.56%0.00%-8.00%-11.76%9.26%-2.13%5.88%9.80%1.67%11.86%2.99%7.27%18.18%0.00%17.86%12.00%2.00%10.87%70.00%4.29%19.72%9.68%18.84%21.88%10.29%-13.64%11.94%15.00%13.33%1.41%6.52%15.46%8.57%2.20%3.85%-6.60%1.31%4.35%14.15%2.80%4.39%1.79%5.06%-
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Key Statistics & Ratios

Market Cap1.96B
Enterprise Value3.06B
Trailing P/E13.50
Forward P/E7.67
PEG Ratio0.45
Price / Sales1.71
Price / Book29.02
EPS3.20
Book Value1.50
Revenue (TTM)1.15B
Gross Profit (TTM)685.00M
EBITDA267.54M
Profit Margin13.12%
Operating Margin21.75%
Return on Equity194.45%
Return on Assets5.50%
Shares Outstanding45.39M
Shares Float33.89M
Beta0.99
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 6 analystsTarget 51.50
  • Buy
    2
  • Hold
    3
  • Sell
    1

Ownership Breakdown

Institutions
110.90%
Insiders
1.95%
Retail / Other
0.00%

Top Institutional Holders

  • Clearlake Capital Group LP
    9.75M21.48%
  • BlackRock Inc
    4.77M10.50%
  • Morgan Stanley - Brokerage Accounts
    4.27M9.40%
  • Vanguard Portfolio Management, LLC
    3.01M6.64%
  • Vanguard Capital Management, LLC
    1.94M4.28%
  • HHG PLC
    1.56M3.43%
  • State Street Corp
    1.52M3.34%
  • Geode Capital Management, LLC
    971.12K2.14%
  • Shapiro Capital Management Co Inc
    703.61K1.55%
  • Fuller & Thaler Asset Management Inc
    684.51K1.51%
  • The Goldman Sachs Group Inc
    662.35K1.46%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.15M4.74%
  • Eaton Vance Atlanta Capital SMID-Cap I
    2.14M4.71%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.46M3.22%
  • Vanguard Small Cap Index
    1.06M2.33%
  • iShares Russell 2000 ETF
    932.22K2.05%
  • Vanguard Information Technology ETF
    932.03K2.05%
  • Janus Henderson Triton D
    774.51K1.71%
  • FullerThaler Behavioral Sm-Cp Eq R6
    684.83K1.51%
  • Vanguard MStar Small Cap Value Index
    671.17K1.48%

Dividends

20201×
0.12Feb 27, 2020
20194×
0.12Nov 26, 20190.12Aug 27, 20190.12May 24, 20190.12Feb 26, 2019
20184×
0.12Nov 27, 20180.12Aug 27, 20180.12May 24, 20180.12Feb 27, 2018
20174×
0.12Nov 27, 20170.12Aug 24, 20170.12May 24, 20170.12Feb 24, 2017
20164×
0.12Nov 21, 20160.12Aug 24, 20160.12May 25, 20160.12Feb 24, 2016
20154×
0.12Nov 23, 20150.12Aug 26, 20150.12May 26, 20150.12Feb 25, 2015
20143×
0.12Nov 25, 20140.12Aug 26, 20140.12May 23, 2014