Company Analysis

Blackbaud, Inc. (BLKB)

Nasdaq: BLKB · Services-Prepackaged Software · Charleston, SC · filing with the SEC since 2004
Grade5.2
◀ Past 5.9● Present 5.8▶ Future 4.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 18, 2026Feb 21, 2025Feb 21, 2024Feb 24, 2023Mar 1, 2022Feb 23, 2021Feb 20, 2020Feb 20, 2019Feb 20, 2018Feb 22, 2017
Revenue1,128,3651,154,624r1,107,080r1,058,105927,740913,219900,423848,606788,487·
Cost of revenue465,073523,198r508,025r505,389443,195428,065418,424381,742361,904·
Gross profit663,292631,426r599,055r552,716484,545485,154481,999466,864426,583·
Research and development138,130153,680r147,467r156,913124,573100,146106,16498,81189,911·
Sales and marketing177,564197,499212,158221,455186,314209,762224,152192,848169,559·
General and administrative154,610142,723189,938199,908146,262134,852113,414106,35494,870·
Total operating expenses472,538902,803r552,702r581,201459,639447,911454,854407,447358,405·
Operating income190,754-271,377r46,353r-28,48524,90637,24327,14559,41768,178·
Interest expense67,97055,63439,92235,80318,00317,28720,61815,89812,097·
Interest and investment income7,8929,8468,8211,7463921,6602,8022,008993·
Other income (expense), net3,9534,2164,0762,3321,432r1,063r1,256-9051,104·
Income before income taxes131,783-312,462r19,292r-55,5757,08321,61410,58544,62258,341·
Income tax expense16,813-12,938r16,274r-10,1681,38513,897-1,323-219-15,292·
Net income114,970-299,524r3,018r-45,4075,6987,71711,90844,84173,633·
Earnings per share, basic2.41-5.92r0.06r-0.880.120.160.250.951.58·
Earnings per share, diluted2.37-5.92r0.06r-0.880.120.160.250.931.54·
Weighted average shares, basic47,680,18450,560,53852,546,40651,569,14847,412,30648,184,71447,695,38347,206,66946,669,440·
Weighted average shares, diluted48,469,96150,560,53853,721,34251,569,14848,230,43848,696,34148,312,27148,045,08447,775,702·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton BLKB · research, not advice