The financials
Blackbaud, Inc. by the numbers
Blackbaud, Inc. (BLKB) reported revenue of $281M in Q1 2026 (quarter ended March 31, 2026), up 4.2% from the same quarter a year earlier. That came with a gross margin of 59% and net income of $31M (11% of revenue). For the full year FY2025, revenue was $1.13B (−2.3% year on year) and net income $115M. Its largest product in 2026-Q1 was Contractual Recurring at $182M, 65% of the disclosed total, just ahead of Transactional Recurring at 33%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $281M | $270M | +4.2% |
| Gross profit | $167M | $155M | +7.4% |
| Operating income | $51M | $20M | +161% |
| Net income | $31M | $4.3M | +620% |
| Diluted EPS | $0.67 | $0.09 | +644% |
| Product | Revenue | Share |
|---|---|---|
| Contractual Recurring | $182M | 65% |
| Transactional Recurring | $94M | 33% |
| One Time Services And Other | $4.7M | 1.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $281.1M (-0.00%)
Transactional Recurring grew +7.2% year on yearOne Time Services And Other -30% year on year
Segment Latestquarter on quarteryear on year
- Contractual Recurring$182.3M$182.3MQoQ -0.37%year on year +3.9%-0.37%+3.9%
- Transactional Recurring$94.2M$94.2MQoQ +1.5%year on year +7.2%+1.5%+7.2%
- One Time Services And Other$4.7M$4.7MQoQ -13%year on year -30%-13%-30%
Software - Application
Ranks #37 of 90 by Smart Score