# Blackbaud share price today (Blackbaud, Inc., BLKB)

> Blackbaud, Inc. is reporting record margins. BLKB · Technology · Software - Application · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/blkb

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## Key numbers

- Business trend: Turning around, from fewer quarters than usual
- Price: $54.21 (−15.3% in a year)
- P/E: 16.7× (higher than 67% of the last 10 months)
- Revenue (Jun 2026): $291 M (+3.0% on a year ago)
- Profit (Jun 2026): $35.4 M (+33.6% on a year ago)
- Operating margin: 21.8% (+1.1 points on a year ago)
- ROE: 135%, FY25
- ROIC: 15.4%, against a 8.6% cost of capital: +6.8 points

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. ## What is the Blackbaud share price today? Blackbaud, Inc.'s share price was $54.21 at the close on 3 November 2026. That is 31.5% 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 73% of the way up from that low. 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. Over the last 1 year the share price moved −15% while the S&P 500 moved +21%, 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. [US tech stocks](https://www.sectoralpha.in/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. The same quarter a year earlier earned $26.5 M. 1 of the last 12 reported quarters were loss-making. 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. The last four reported quarters add to $1.1 B. FY25 revenue was $1.1 B, −2.3% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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 16.7×, in the middle of its own history: higher than 67% 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. 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. 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. ## 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 6.8 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). 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% − 8.6% = +6.8 percentage points. The 8.6% 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. ## 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. ## 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. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds 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. 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 3 November 2026). Just above it: Webull Corporation, Asana, Inc. and Vertex, Inc. Just below it: nCino, Inc., ePlus inc. and Kingsoft Cloud Holdings. ### Software - Application companies close in size

1. [Webull Corporation](https://www.sectoralpha.in/us/stocks/bull) $2.8 billion
2. [Asana, Inc.](https://www.sectoralpha.in/us/stocks/asan) $2.6 billion
3. [Vertex, Inc.](https://www.sectoralpha.in/us/stocks/verx) $2.5 billion
4. Blackbaud, Inc. $2.4 billion
5. [nCino, Inc.](https://www.sectoralpha.in/us/stocks/ncno) $2.4 billion
6. [ePlus inc.](https://www.sectoralpha.in/us/stocks/plus) $2.3 billion
7. [Kingsoft Cloud Holdings Limited](https://www.sectoralpha.in/us/stocks/kc) $2.3 billion

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [Chagee Holdings Limited](https://www.sectoralpha.in/us/stocks/cha) $2.4 billion · Restaurants
2. [Custom Truck One Source, Inc.](https://www.sectoralpha.in/us/stocks/ctos) $2.4 billion · Rental & Leasing Services
3. Blackbaud, Inc. $2.4 billion
4. [Lindblad Expeditions Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lind) $2.4 billion · Travel Services
5. [Liberty Energy Inc.](https://www.sectoralpha.in/us/stocks/lbrt) $2.4 billion · Oil & Gas Equipment & Services

## 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 3 November 2026). ### What is Blackbaud's market cap? Blackbaud, Inc.'s market capitalisation is $2.4 B at a stock price of $54.21. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 3 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 $54.21. Its P/E of 16.7× is higher than 67% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 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 3 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 3 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 3 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 3 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 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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