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Blackbaud share price today

Blackbaud, Inc. · BLKB · Technology · Software - Application · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Blackbaud share price: $56.06 at the close on 4 November 2026, −2.3% in a year.

Turning aroundBusiness trend from fewer quarters than usual
$56.06Price −2.3% in a year
17.3×P/E higher than 69% of the last 10 months
$291 MRevenue (Jun 2026) +3.0% on a year ago
$35.4 MProfit (Jun 2026) +33.6% on a year ago
21.8%Operating margin +1.1 points on a year ago
135%ROE FY25
15.4%ROIC against a 8.5% cost of capital: +6.9 points

Blackbaud, Inc. is reporting record margins.

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.

The price has been between phases, and the P/E is higher than 69% of its own last 10 months. Over the last four quarters, results have been improving, with profit +33.6% on a year earlier, and 549% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Blackbaud share price today?

Blackbaud, Inc.'s share price was $56.06 at the close on 4 November 2026. That is 35.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $27 and $64, and at that close it sat 78% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 15 weeks in a row.

Nov 2026: $56.06, 35.9% above its 200-day average.

  • Price $56.06
  • 50-day avg $47.63
  • 200-day avg $41.25
Nov 2026: $56.06, 35.9% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$63.63––
18 Jul 2025$64.08––
25 Jul 2025$65.40––
1 Aug 2025$65.28––
8 Aug 2025$64.09––
15 Aug 2025$63.28––
22 Aug 2025$66.46––
29 Aug 2025$66.71––
5 Sep 2025$66.60––
12 Sep 2025$69.60––
19 Sep 2025$66.51$65.59–
26 Sep 2025$64.17$65.75–
3 Oct 2025$63.04$65.62–
10 Oct 2025$63.39$65.27–
17 Oct 2025$63.04$65.15–
24 Oct 2025$65.18$65.38–
31 Oct 2025$64.04$65.47–
7 Nov 2025$57.36$64.88–
14 Nov 2025$61.28$64.21–
21 Nov 2025$56.49$63.03–
28 Nov 2025$56.38$62.01–
5 Dec 2025$63.69$61.58–
12 Dec 2025$62.90$61.39–
19 Dec 2025$63.63$61.41–
26 Dec 2025$64.21$61.42–
2 Jan 2026$59.52$61.33–
9 Jan 2026$62.21$61.01–
16 Jan 2026$55.48$60.42–
23 Jan 2026$56.34$60.20–
30 Jan 2026$53.70$59.71–
6 Feb 2026$47.48$58.91–
13 Feb 2026$49.08$58.03–
20 Feb 2026$49.13$56.94–
27 Feb 2026$48.54$55.50–
6 Mar 2026$48.16$54.08–
13 Mar 2026$44.03$52.23–
20 Mar 2026$44.14$50.51–
27 Mar 2026$37.70$48.41–
2 Apr 2026$38.03$47.02–
10 Apr 2026$34.27$45.15–
17 Apr 2026$38.76$43.78–
24 Apr 2026$37.49$42.79$57.21
1 May 2026$37.54$41.70$56.55
8 May 2026$37.50$40.61$55.86
15 May 2026$30.85$38.88$55.01
22 May 2026$29.57$37.35$54.15
29 May 2026$30.69$36.25$53.50
5 Jun 2026$28.31$34.97$52.65
12 Jun 2026$27.90$33.93$51.71
18 Jun 2026$27.04$33.06$50.93
26 Jun 2026$29.23$32.19$49.94
2 Jul 2026$30.09$31.47$49.14
10 Jul 2026$29.59$30.66$48.18
17 Jul 2026$32.40$30.06$47.36
24 Jul 2026$32.71$29.69$46.57
31 Jul 2026$42.80$30.46$45.97
7 Aug 2026$45.87$32.02$45.52
14 Aug 2026$45.25$33.53$45.04
21 Aug 2026$47.52$35.27$44.55
28 Aug 2026$48.62$37.31$44.28
4 Sep 2026$47.10$39.40$43.98
11 Sep 2026$45.48$40.61$43.74
18 Sep 2026$42.85$42.10$43.44
25 Sep 2026$43.19$43.29$42.96
2 Oct 2026$41.76$44.31$42.46
9 Oct 2026$45.48$45.03$41.98
16 Oct 2026$51.65$45.47$41.62
23 Oct 2026$55.54$46.35$41.45
30 Oct 2026$53.55$47.19$41.26
4 Nov 2026$56.06$47.63$41.25
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 15 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−5.1%
17 Oct 2025−7.5%
24 Oct 2025−6.6%
31 Oct 2025−11.6%
7 Nov 2025−15.8%
14 Nov 2025−7.6%
21 Nov 2025−17.1%
28 Nov 2025−21.4%
5 Dec 2025−10.3%
12 Dec 2025−13.3%
19 Dec 2025−6.9%
26 Dec 2025−4.2%
2 Jan 2026−7.7%
9 Jan 2026−8.1%
16 Jan 2026−16.1%
23 Jan 2026−15.3%
30 Jan 2026−17.6%
6 Feb 2026−20.2%
13 Feb 2026−21.4%
20 Feb 2026−17.6%
27 Feb 2026−14.3%
6 Mar 2026−22.4%
13 Mar 2026−27.1%
20 Mar 2026−25.9%
27 Mar 2026−33.1%
2 Apr 2026−32.1%
10 Apr 2026−42.8%
17 Apr 2026−32.8%
24 Apr 2026−37.0%
1 May 2026−34.2%
8 May 2026−27.8%
15 May 2026−45.6%
22 May 2026−48.0%
29 May 2026−47.0%
5 Jun 2026−50.9%
12 Jun 2026−48.6%
18 Jun 2026−53.9%
26 Jun 2026−37.4%
2 Jul 2026−34.4%
10 Jul 2026−24.8%
17 Jul 2026−21.1%
24 Jul 2026−16.3%
31 Jul 2026+10.4%
7 Aug 2026+17.5%
14 Aug 2026+41.6%
21 Aug 2026+58.0%
28 Aug 2026+56.7%
4 Sep 2026+61.9%
11 Sep 2026+60.0%
18 Sep 2026+56.5%
25 Sep 2026+41.9%
2 Oct 2026+35.4%
9 Oct 2026+50.6%
16 Oct 2026+56.7%
23 Oct 2026+66.9%
30 Oct 2026+24.0%
4 Nov 2026+23.0%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −12% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Blackbaud pay?

Blackbaud, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Blackbaud on?

Blackbaud is on one of our US lists: US tech stocks.

Is Blackbaud profitable?

Blackbaud, Inc. earned $35.4 M of net profit in the Jun 2026 quarter, +33.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $115 M. Over 4 years profit has grown 111.9% a year on average. That is 12.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $26.5 M. 1 of the last 12 reported quarters were loss-making.

FY25 profit $115 M, 111.9% a year over 4 years

  • Net profit $115 M
FY25 profit $115 M, 111.9% a year over 4 years
QuarterNet profit
FY21$5.7 M
FY22−$45.4 M
FY23$3.0 M
FY24−$300 M
FY25$115 M

Growth on a year earlier

  • Growth on a year earlier −10,024.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−896.9%
FY23–
FY24−10,024.6%
FY25–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $35.4 M (+33.6% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) $35.4 M
Jun 2026: $35.4 M (+33.6% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023$9.0 M
Dec 2023$5.4 M
Mar 2024$5.2 M
Jun 2024$23.3 M
Sep 2024$18.3 M
Dec 2024−$346 M
Mar 2025$4.3 M
Jun 2025$26.5 M
Sep 2025$47.5 M
Dec 2025$36.7 M
Mar 2026$31.1 M
Jun 2026$35.4 M

Growth on a year earlier

  • Growth on a year earlier 33.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 20241,007.1%
Sep 2024102.8%
Dec 2024−6,515.3%
Mar 2025−17.6%
Jun 202513.6%
Sep 2025159.7%
Dec 2025–
Mar 2026620.3%
Jun 202633.6%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +3.0% on a year earlier and the margin moved +1.1 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +271.2% and revenue +0.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Blackbaud make, and is it growing?

Blackbaud, Inc. reported $291 M of revenue in the Jun 2026 quarter, +3.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 5.0% a year on average. The last full year, FY25, came in at $1.1 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $1.1 B.

FY25 revenue was $1.1 B, −2.3% on the year before.

FY25 revenue $1.1 B (−2.3% on the year before), 5.0% a year over 4 years

  • Revenue $1.1 B
FY25 revenue $1.1 B (−2.3% on the year before), 5.0% a year over 4 years
QuarterRevenue
FY21$928 M
FY22$1.1 B
FY23$1.1 B
FY24$1.2 B
FY25$1.1 B

Growth on a year earlier

  • Growth on a year earlier −2.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2214.1%
FY234.6%
FY244.3%
FY25−2.3%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $291 M (+3.0% on a year earlier), the 2nd quarter in a row of growth

  • Revenue (quarterly) $291 M
Jun 2026: $291 M (+3.0% on a year earlier), the 2nd quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$278 M
Dec 2023$295 M
Mar 2024$279 M
Jun 2024$287 M
Sep 2024$287 M
Dec 2024$302 M
Mar 2025$270 M
Jun 2025$282 M
Sep 2025$281 M
Dec 2025$295 M
Mar 2026$281 M
Jun 2026$291 M

Growth on a year earlier

  • Growth on a year earlier 3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20236.2%
Dec 20237.4%
Mar 20246.7%
Jun 20245.8%
Sep 20243.2%
Dec 20242.4%
Mar 2025−3.3%
Jun 2025−1.6%
Sep 2025−1.9%
Dec 2025−2.3%
Mar 20264.2%
Jun 20263%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +0.8% on average, against 5.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +0.7%, against +0.4% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Blackbaud keep?

Blackbaud, Inc.'s operating margin was 21.8% in the Jun 2026 quarter, 1.1 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 3.2% and 19.5%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 5 years it has been between 3.2% and 19.5%, and FY25's 19.5% is the highest of them.

Why the margin moved: operating margin changed +1.1 percentage points on the year while gross margin changed +1.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

FY25: 19.5%, the highest in a range of 3.2% to 19.5% over 5 years

  • Operating margin 19.5%
FY25: 19.5%, the highest in a range of 3.2% to 19.5% over 5 years
QuarterOperating margin
FY213.5%
FY223.2%
FY239.5%
FY2415.5%
FY2519.5%

Change on the year before (points)

  • Change on the year before (points) +4.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−0.3 pts
FY23+6.3 pts
FY24+6.0 pts
FY25+4.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 21.8% (+1.1 points on a year earlier)

  • Operating margin 21.8%
Jun 2026: operating margin 21.8% (+1.1 points on a year earlier)
QuarterOperating margin
Sep 202311.9%
Dec 202314.7%
Mar 20248.4%
Jun 202416.8%
Sep 202414.6%
Dec 202421.8%
Mar 202517.4%
Jun 202520.7%
Sep 202519.6%
Dec 202519.6%
Mar 202618.3%
Jun 202621.8%

Change on a year earlier (points)

  • Change on a year earlier (points) +1.1 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+8.4 pts
Dec 2023+7.7 pts
Mar 2024+4.9 pts
Jun 2024+7.1 pts
Sep 2024+2.7 pts
Dec 2024+7.1 pts
Mar 2025+9.0 pts
Jun 2025+3.9 pts
Sep 2025+5.0 pts
Dec 2025−2.2 pts
Mar 2026+0.9 pts
Jun 2026+1.1 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Blackbaud's profit turning into cash?

Over the last 3 years, 549% of Blackbaud, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $266 M of operating cash against $115 M of profit. After $7.8 M of spending on assets, $258 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $266 M against profit $115 M; 549% of 3 years' profit came in as cash

  • Operating cash $266 M
  • Net profit $115 M
  • Free cash $258 M
FY25: operating cash $266 M against profit $115 M; 549% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$214 M$5.7 M$202 M
FY22$204 M−$45.4 M$192 M
FY23$200 M$3.0 M$195 M
FY24$296 M−$300 M$289 M
FY25$266 M$115 M$258 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $91.1 M = 258% of the quarter's profit

  • Operating cash (quarterly) $91.1 M
Jun 2026: operating cash $91.1 M = 258% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$128 M
Dec 2023−$3.3 M
Mar 2024$64.6 M
Jun 2024$53.8 M
Sep 2024$104 M
Dec 2024$73.6 M
Mar 2025$1.4 M
Jun 2025$66.9 M
Sep 2025$139 M
Dec 2025$58.0 M
Mar 2026$51.5 M
Jun 2026$91.1 M

Operating cash as % of profit

  • Operating cash as % of profit 258%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 20231,419%
Dec 2023−62%
Mar 20241,232%
Jun 2024231%
Sep 2024568%
Dec 2024–
Mar 202532%
Jun 2025253%
Sep 2025293%
Dec 2025158%
Mar 2026165%
Jun 2026258%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Blackbaud's cash go?

Blackbaud, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $19.9 M on assets over the last 3 years. Averaged over those years that is 0.6% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $19.9 M over the last 3 years.

FY25: capex $7.8 M, steady spending

  • Capex $7.8 M
FY25: capex $7.8 M, steady spending
QuarterCapex
FY21$11.7 M
FY22$12.3 M
FY23$4.7 M
FY24$7.4 M
FY25$7.8 M
Capital spending each year, $ M.

Jun 2026: capex $2.4 M in the quarter

  • Capex (quarterly) $2.4 M
Jun 2026: capex $2.4 M in the quarter
QuarterCapex (quarterly)
Sep 2023$1.5 M
Dec 2023$0.4 M
Mar 2024$0.3 M
Jun 2024$5.9 M
Sep 2024$1.1 M
Dec 2024$0.2 M
Mar 2025$0.7 M
Jun 2025$0.6 M
Sep 2025$3.5 M
Dec 2025$3.0 M
Mar 2026$1.7 M
Jun 2026$2.4 M

Free cash

  • Free cash $88.6 M
Free cash
QuarterFree cash
Sep 2023$127 M
Dec 2023−$3.8 M
Mar 2024$64.4 M
Jun 2024$48.0 M
Sep 2024$103 M
Dec 2024$73.4 M
Mar 2025$0.7 M
Jun 2025$66.3 M
Sep 2025$136 M
Dec 2025$55.0 M
Mar 2026$49.8 M
Jun 2026$88.6 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Blackbaud's P/E ratio, and how does it compare with its own history?

Blackbaud, Inc.'s P/E is 17.3×, in the middle of its own history: higher than 69% of past readings. Its usual P/E (the middle reading) is 14.2×, over 10 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 17.3× against a usual 14.2×: in the middle of its own history: higher than 69% of past readings

  • P/E 17.5×
  • Median 14.2×
P/E 17.3× against a usual 14.2×: in the middle of its own history: higher than 69% of past readings
WeekP/EMedian
2 Jan 202625.0×14.2×
9 Jan 202626.1×14.2×
16 Jan 202623.3×14.2×
23 Jan 202623.6×14.2×
30 Jan 202622.5×14.2×
6 Feb 202619.9×14.2×
13 Feb 202620.6×14.2×
20 Feb 202620.6×14.2×
27 Feb 202620.4×14.2×
6 Mar 202620.2×14.2×
13 Mar 202618.5×14.2×
20 Mar 202618.5×14.2×
27 Mar 202615.8×14.2×
2 Apr 202612.8×14.2×
10 Apr 202611.6×14.2×
17 Apr 202613.1×14.2×
24 Apr 202612.7×14.2×
1 May 202612.7×14.2×
8 May 202612.7×14.2×
15 May 202610.4×14.2×
22 May 20269.98×14.2×
29 May 202610.4×14.2×
5 Jun 20269.55×14.2×
12 Jun 20269.42×14.2×
18 Jun 20269.13×14.2×
26 Jun 20269.87×14.2×
2 Jul 20269.39×14.2×
10 Jul 20269.24×14.2×
17 Jul 202610.1×14.2×
24 Jul 202610.2×14.2×
31 Jul 202613.4×14.2×
7 Aug 202614.3×14.2×
14 Aug 202614.1×14.2×
21 Aug 202614.8×14.2×
28 Aug 202615.2×14.2×
4 Sep 202614.7×14.2×
11 Sep 202614.2×14.2×
18 Sep 202613.4×14.2×
25 Sep 202613.5×14.2×
2 Oct 202613.0×14.2×
9 Oct 202614.2×14.2×
16 Oct 202616.1×14.2×
23 Oct 202617.3×14.2×
30 Oct 202616.7×14.2×
4 Nov 202617.5×14.2×

Earnings per share, 12 months

  • Earnings per share, 12 months $3.20
Earnings per share, 12 months
WeekEarnings per share, 12 months
2 Jan 2026–
9 Jan 2026–
16 Jan 2026–
23 Jan 2026–
30 Jan 2026–
6 Feb 2026–
13 Feb 2026–
20 Feb 2026–
27 Feb 2026–
6 Mar 2026–
13 Mar 2026–
20 Mar 2026–
27 Mar 2026$2.38
2 Apr 2026$2.38
10 Apr 2026$2.38
17 Apr 2026$2.38
24 Apr 2026$2.38
1 May 2026$2.38
8 May 2026$2.38
15 May 2026$2.38
22 May 2026$2.38
29 May 2026$2.38
5 Jun 2026$2.38
12 Jun 2026$2.38
18 Jun 2026$2.38
26 Jun 2026$2.96
2 Jul 2026$2.96
10 Jul 2026$2.96
17 Jul 2026$2.96
24 Jul 2026$2.96
31 Jul 2026$2.96
7 Aug 2026$2.96
14 Aug 2026$2.96
21 Aug 2026$2.96
28 Aug 2026$2.96
4 Sep 2026$2.96
11 Sep 2026$2.96
18 Sep 2026$2.96
25 Sep 2026$3.20
2 Oct 2026$3.20
9 Oct 2026$3.20
16 Oct 2026$3.20
23 Oct 2026$3.20
30 Oct 2026$3.20
4 Nov 2026$3.20
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 10 months of history; short peaks above 26× are drawn at the top edge.

PEG 1.59 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.59×
  • PEG = 1.0 1.00×
PEG 1.59 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20216.00×1.00×
Dec 20216.00×1.00×
Mar 20226.00×1.00×
Jun 20223.60×1.00×
Sep 20225.63×1.00×
Dec 20224.91×1.00×
Mar 20231.91×1.00×
Jun 20230.81×1.00×
Sep 20230.75×1.00×
Dec 20230.86×1.00×
Mar 20241.76×1.00×
Jun 20241.82×1.00×
Sep 20241.82×1.00×
Dec 20241.82×1.00×
Mar 20253.15×1.00×
Jun 20253.03×1.00×
Sep 20252.75×1.00×
Dec 20251.66×1.00×
Mar 20261.59×1.00×
Jun 20261.59×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters; values above 6 are drawn at the top edge.
17.3×P/E · higher than 69% of its last 10 months
1.67PEG · today, derived from 3-year earnings growth

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Blackbaud business getting better or worse?

Blackbaud, Inc.'s business is turning around. Profit growth has swung from −17.6% at its low to +33.6%, rising from a low 5 quarters ago (from single-quarter figures), with ROE rising at 135.2%. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −2.3% in FY25

  • Revenue growth −2.3%
Growth year by year: revenue −2.3% in FY25
QuarterRevenue growth
FY21–
FY2214.1%
FY234.6%
FY244.3%
FY25−2.3%

Profit growth, EPS growth

  • Profit growth −300%
  • EPS growth −300%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−300%−300%
FY23––
FY24−300%−300%
FY25––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising

  • Revenue 0.7%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 20235.2%
Dec 20234.5%
Mar 20245.7%
Jun 20246.5%
Sep 20245.7%
Dec 20244.5%
Mar 20252%
Jun 20250.2%
Sep 2025−1.1%
Dec 2025−2.3%
Mar 2026−0.5%
Jun 20260.7%

Profit, EPS

  • Profit 33.6%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024300%–
Sep 2024102.8%–
Dec 2024−300%–
Mar 2025−17.6%−300%
Jun 202513.6%−300%
Sep 2025159.7%−300%
Dec 2025––
Mar 2026300%–
Jun 202633.6%–
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROE: the return line, yearly figures

  • ROE 135.2%
ROE: the return line, yearly figures
QuarterROE
FY22−6.1%
FY230.4%
FY24−236.1%
FY25135.2%
Yearly figures: the quarterly balance-sheet figures this line needs are not available for this stock, so it changes once a year and counts for less in the reading.
Steady highRevenue growth · latest +0.7%, range −2.3% to +6.5%
RisingProfit growth · latest +33.6%, range −100.0% to +100.0%
RisingROE · latest 135.2%, range −236.1% to 135.2%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−2.3%+2.2%——
Stock price−2.3%———
+3.0%Revenue growth (Jun 2026) · latest quarter against a year ago
+33.6%Profit growth (Jun 2026) · latest quarter against a year ago
5.0%Revenue, 4 years · yearly growth over the long run

How much does Blackbaud earn on its capital?

Blackbaud, Inc. earned a ROE of 135% in FY25. That is up from a low of −236% in FY24. Its return on capital used (ROIC) is 6.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.2% net margin and 0.47× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 10.2% net margin × 0.47× asset turnover × 28.11× leverage (assets divided by equity) ≈ 134.8% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 15.4% − 8.5% = +6.9 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

FY25: ROE 135%, the climb back from FY24's −236%

  • ROE 135.2%
  • ROIC (annual) 16.4%
  • Cost of capital 8.5%
FY25: ROE 135%, the climb back from FY24's −236%
QuarterROEROIC (annual)Cost of capital
FY210.8%2%8.5%
FY22−6.1%2%8.5%
FY230.4%1%8.5%
FY24−236.1%13%8.5%
FY25135.2%16.4%8.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 8.5% cost of capital used on this page.

Jun 2026: ROIC 15.5% (last 12 months) against a 8.5% cost of capital

  • ROIC (12 months) 15.5%
  • ROE (12 months) 208.3%
  • Cost of capital 8.5%
Jun 2026: ROIC 15.5% (last 12 months) against a 8.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20234%1.1%8.5%
Dec 20234.4%4.6%8.5%
Mar 20243.8%2.7%8.5%
Jun 20244.7%3.1%8.5%
Sep 20245.3%16.8%8.5%
Dec 20245.9%13%8.5%
Mar 202510.1%−412.8%8.5%
Jun 202512.1%21.6%8.5%
Sep 202513.1%174.8%8.5%
Dec 202516.2%193.7%8.5%
Mar 202615.4%151.9%8.5%
Jun 202615.5%208.3%8.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Blackbaud have too much debt?

Blackbaud, Inc. has total debt of $1.2 B against shareholder equity of $67.0 M as of Jun 2026, so its debt is 17.27× its equity. Year by year, that ratio went from 1.42 in FY21 to 13.16 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $1.1 B, 13.16× equity

  • Total debt $1.1 B
FY25: debt $1.1 B, 13.16× equity
QuarterTotal debt
FY21$1.0 B
FY22$912 M
FY23$831 M
FY24$1.1 B
FY25$1.1 B

Debt-to-equity

  • Debt-to-equity 13.2×
Debt-to-equity
QuarterDebt-to-equity
FY211.42×
FY221.23×
FY231.03×
FY248.78×
FY2513.2×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $1.2 B, debt-to-equity 17.27

  • Total debt (quarterly) $1.2 B
Jun 2026: debt $1.2 B, debt-to-equity 17.27
QuarterTotal debt (quarterly)
Sep 2023$791 M
Dec 2023$831 M
Mar 2024$1.1 B
Jun 2024$1.1 B
Sep 2024$1.0 B
Dec 2024$1.1 B
Mar 2025$1.2 B
Jun 2025$1.2 B
Sep 2025$1.1 B
Dec 2025$1.1 B
Mar 2026$1.2 B
Jun 2026$1.2 B

Debt-to-equity

  • Debt-to-equity 17.3×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.99×
Dec 20231.03×
Mar 20242.03×
Jun 20241.84×
Sep 20241.92×
Dec 20248.78×
Mar 202536.5×
Jun 202513.3×
Sep 20259.93×
Dec 202513.2×
Mar 202634.6×
Jun 202617.3×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Blackbaud shareholding pattern?

10.1% of Blackbaud, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 7.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

10.1%Short interest · of the tradable float
7.3Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Blackbaud from balance-sheet trouble?

For Blackbaud, Inc., the Z-score is 1.45. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.45 is inside the danger zone, so the balance sheet is a real risk.

How does Blackbaud rank in its industry?

There is no score against its industry: Blackbaud, Inc. is not among the largest members shown in this industry comparison for Software - Application.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Blackbaud compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Blackbaud in size?

Blackbaud is the 76th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Webull Corporation, Asana, Inc. and Vertex, Inc. Just below it: nCino, Inc., Grindr Inc. and Kingsoft Cloud Holdings.

Software - Application companies close in size

  1. Webull Corporation $2.9 billion
  2. Asana, Inc. $2.7 billion
  3. Vertex, Inc. $2.6 billion
  4. Blackbaud, Inc. $2.5 billion
  5. nCino, Inc. $2.5 billion
  6. Grindr Inc. $2.4 billion
  7. Kingsoft Cloud Holdings Limited $2.4 billion

All 142 Software - Application companies, largest first

Companies close in size in other industries

  1. Clover Health Investments, Corp. $2.5 billion · Healthcare Plans
  2. InvenTrust Properties Corp. $2.5 billion · REIT - Retail
  3. Blackbaud, Inc. $2.5 billion
  4. Under Armour, Inc. $2.5 billion · Apparel Manufacturing
  5. nCino, Inc. $2.5 billion · Software - Application

What else do people ask about Blackbaud?

What were Blackbaud's latest quarterly results?

Blackbaud, Inc. reported revenue of $291 M and net profit of $35.4 M for the Jun 2026 quarter. Revenue rose 3.0% and profit rose 33.6% compared with a year earlier. Earnings per share were $0.79.

The operating margin was 21.8%, 1.1 percentage points higher than a year earlier (as of 4 November 2026).

What is Blackbaud's market cap?

Blackbaud, Inc.'s market capitalisation is $2.5 B at a stock price of $56.06. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Blackbaud performing?

Blackbaud, Inc.'s latest readings are below. In its latest quarter, revenue rose 3.0% and profit rose 33.6% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 15 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Blackbaud's stock price go up?

This page does not forecast Blackbaud, Inc.'s stock price. What it shows instead: the stock price is $56.06. Its P/E of 17.3× is higher than 69% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Does Blackbaud have too much debt?

Yes, Blackbaud, Inc. has a lot of debt: its debt is 8.80× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Is Blackbaud's profit real cash?

Yes, over the last 3 years, 549% of Blackbaud, Inc.'s reported profit came in as cash from operations. The latest year was lower at 231%, so the trend is worth watching. In FY25, operating cash was $266 M against reported profit of $115 M.

Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).

Where is Blackbaud in its business cycle?

Blackbaud, Inc.'s FY25 operating margin was 19.5%, against a 5-year range of 3.2% to 19.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 21.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Blackbaud story?

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Blackbaud a stock worth studying right now?

What the numbers show: Blackbaud, Inc. is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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