Blackbaud, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $290.6M | $281.1M | $295.3M | $281.1M | $282.0M | $269.9M | $302.1M | $286.6M |
| Cost of Revenue | $112.4M | $114.6M | $123.0M | $113.7M | $113.6M | $114.8M | $139.6M | $129.3M |
| Gross Profit | $178.2M | $166.6M | $172.3M | $167.5M | $168.4M | $155.1M | $162.5M | $157.3M |
| Gross Margin | 61.3% | 59.2% | 58.4% | 59.6% | 59.7% | 57.5% | 53.8% | 54.9% |
| Operating Expenses | ||||||||
| Research & Development | $34.9M | $36.9M | $33.8M | $37.2M | $33.6M | $33.6M | $37.7M | $37.9M |
| SG&A Expense | $34.4M | $30.3M | $34.0M | $31.0M | $32.9M | $56.7M | $35.8M | $27.5M |
| Operating Income | $62.0M | $51.4M | $59.1M | $54.6M | $57.3M | $19.7M | $-367.2M | $41.1M |
| Operating Margin | 21.3% | 18.3% | 20.0% | 19.4% | 20.3% | 7.3% | -121.5% | 14.4% |
| Interest Expense | $17.6M | $16.0M | $15.8M | $16.8M | $18.4M | $16.9M | $15.5M | $14.1M |
| Pretax Income | $46.4M | $37.8M | $45.8M | $41.0M | $40.0M | $4.9M | $-377.9M | $30.0M |
| Income Tax Expense | $11.1M | $6.7M | $9.1M | $-6.4M | $13.6M | $542.0K | $-31.6M | $11.7M |
| Net Income | $35.4M | $31.1M | $36.7M | $47.5M | $26.5M | $4.3M | $-346.4M | $18.3M |
| Net Margin | 12.2% | 11.1% | 12.4% | 16.9% | 9.4% | 1.6% | -114.6% | 6.4% |
| EPS (Basic) | $0.79 | $0.68 | $0.77 | $1.00 | $0.55 | $0.09 | $-6.84 | $0.36 |
| EPS (Diluted) | $0.79 | $0.67 | $0.75 | $0.98 | $0.55 | $0.09 | $-6.82 | $0.35 |
| Shares Outstanding (Basic) | 44.8M | 45.6M | 47.7M | 47.7M | 47.8M | 48.4M | 50.6M | 50.4M |
| Shares Outstanding (Diluted) | 44.9M | 46.4M | 48.5M | 48.5M | 48.2M | 49.4M | 50.6M | 51.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |