Touchstone
Last syncNov 1, 2026, 6:55 PM ET

BLKB

Blackbaud Inc Information Technology Services-Prepackaged Software Russell 3000
$53.55Close $2.5BMarket cap $26.54 – $65.9252-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 5 of 8 trend conditions
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 28, 2026
Off 12-month high 19%
1wk down 3.6% price change
1mo up 28.7% price change
12-month return down 19% market up 11% · its own down 32%
F-score 8 / 9 Exceptional
Altman Z″ -0.10 Elevated risk
P/E 21.7× price / earnings
PEG — P/E / EPS growth
P/B 29.4× price / book
Earnings yield up 5.4% EBIT / enterprise value
Cheaper than 55% of the market · around average
Revenue growth down 2% year on year
EPS growth up 5% latest quarter · -39 pts
Sales growth up 4% latest quarter · +1 pts
ROE up 109% return on equity
Free cash margin up 23% $257.8M FCF
D/E 12.78 long-term debt / equity
Net debt / EBITDA 3.8×
Interest cover 2.8×EBIT / interest
Piotroski tests
  • took on more long-term debt
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • short-term liquidity improved
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 54.7% → 58.8%

Trade setup

ATR% 4.1% $2.19 a day · 2×ATR $49.17
RS 67 / 99 vs the universe
Trend 5 / 8 150-day under the 200-day, 200-day not rising, RS under 70
Relative volume 0.9× vs 50-day average
Up/down volume 1.27 50 sessions
Implied move — no scheduled report
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Revenue shrinking Revenue fell 2.3% over the year, from $1.2B to $1.1B.
Last reported Oct 28, 2026
Results reaction Oct 28, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.1B -2% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $913.2M FY2021 · $927.7M FY2022 · $1.1B FY2023 · $1.1B FY2024 · $1.2B FY2025 · $1.1B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $115.0M back to a profit
-$500M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $7.7M FY2021 · $5.7M FY2022 · -$45.4M FY2023 · $1.8M FY2024 · -$283.2M FY2025 · $115.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $257.8M -11% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $118.3M FY2021 · $202.0M FY2022 · $191.6M FY2023 · $194.9M FY2024 · $288.5M FY2025 · $257.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 59%
  • Net 10%
  • Free cash 23%
-25% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 53% · Net 1% · Free cash 13% FY2021 · Gross 52% · Net 1% · Free cash 22% FY2022 · Gross 52% · Net -4% · Free cash 18% FY2023 · Gross 54% · Net 0% · Free cash 18% FY2024 · Gross 55% · Net -25% · Free cash 25% FY2025 · Gross 59% · Net 10% · Free cash 23%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.0B net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $35.8M · Long-term debt $518.2M FY2021 · Cash $55.1M · Long-term debt $937.5M FY2022 · Cash $31.7M · Long-term debt $840.2M FY2023 · Cash $31.3M · Long-term debt $760.4M FY2024 · Cash $67.6M · Long-term debt $1.1B FY2025 · Cash $38.9M · Long-term debt $1.1B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 46.71m -23.3% since FY2020
66.17m 46.71m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 60.90m FY2021 · 66.17m FY2022 · 53.07m FY2023 · 53.63m FY2024 · 49.25m FY2025 · 46.71m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $913.2M $927.7M $1.1B $1.1B $1.2B $1.1B
Gross margin 53% 52% 52% 54% 55% 59%
Operating income $37.2M $24.9M -$28.5M $46.4M -$271.4M $190.8M
Net income $7.7M $5.7M -$45.4M $1.8M -$283.2M $115.0M
Net margin 1% 1% -4% 0% -25% 10%
Earnings per share $0.16 $0.12 -$0.88 $0.03 -$5.60 $2.37
Free cash flow $118.3M $202.0M $191.6M $194.9M $288.5M $257.8M
Free cash margin 13% 22% 18% 18% 25% 23%
Cash $35.8M $55.1M $31.7M $31.3M $67.6M $38.9M
Long-term debt $518.2M $937.5M $840.2M $760.4M $1.1B $1.1B
Shareholders' equity $426.1M $717.1M $744.0M $809.9M $126.8M $85.1M
Shares outstanding 60.90m 66.17m 53.07m 53.63m 49.25m 46.71m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 28, 2026 Quarterly ↗ Sep 30, 2026 28d
Jul 29, 2026 Quarterly ↗ Jun 30, 2026 29d
Apr 29, 2026 Quarterly ↗ Mar 31, 2026 29d
Feb 18, 2026 Annual ↗ Dec 31, 2025 49d
Nov 3, 2025 Quarterly ↗ Sep 30, 2025 34d
Jul 30, 2025 Quarterly ↗ Jun 30, 2025 30d
Apr 30, 2025 Quarterly ↗ Mar 31, 2025 30d
Feb 21, 2025 Annual ↗ Dec 31, 2024 52d
Oct 30, 2024 Quarterly ↗ Sep 30, 2024 30d
Jul 31, 2024 Quarterly ↗ Jun 30, 2024 31d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 21, 2024 Annual ↗ Dec 31, 2023 52d

Current reports

FiledDisclosed
Oct 28, 2026 Results ↗
Aug 10, 2026 Director or officer change ↗
Jul 29, 2026 Results ↗
Jun 11, 2026 Shareholder vote ↗
Apr 29, 2026 Results ↗
Feb 10, 2026 Results ↗
Dec 22, 2025 Director or officer change ↗
Dec 19, 2025 Charter or bylaws ↗
Dec 5, 2025 Director or officer change ↗
Dec 2, 2025 Other events ↗
Oct 29, 2025 Results ↗
Sep 12, 2025 Director or officer change ↗