BLKB News & Events

Reaffirms FY26 revenue view $1.173B-$1.179B, consensus $1.18B. Included in FY26 financial guidance are the following updated assumptions: Non-GAAP annualized effective tax rate is expected to be 24.5%; Interest expense for the year is expected to be $62M-$66M; Diluted weighted average shares outstanding for the year are expected to be 45.0M-46.0M; Capital expenditures for the year are expected to be approximately $60M-$70M, including $52M-$62M of capitalized software development costs.

Reports Q1 revenue $281.1M, consensus $280.12M. "We began 2026 with disciplined execution against our operating plan, while continuing to invest in innovation to support both performance today and the opportunities ahead," said Chad Anderson, executive vice president and CFO, Blackbaud. "The quarter reflects the strength of our financial model-driving growth, expanding margins, improving EPS, and generating strong free cash flow. We continued our purposeful capital allocation strategy, repurchasing approximately 4.5% of our shares outstanding at the end of 2025 inclusive of net share settlement of employee stock compensation, while maintaining financial flexibility. This combination of execution, reinvestment, and disciplined capital deployment underpins our ability to deliver long-term value."