Blackbaud Reports Q1 Revenue of $281.1M, Beating Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
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."
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Analyst Views on BLKB
Wall Street analysts forecast BLKB stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 29.690
Low
70.00
Averages
70.00
High
70.00
Current: 29.690
Low
70.00
Averages
70.00
High
70.00
About BLKB
Blackbaud, Inc. provides artificial intelligence (AI)-powered solutions. It enhances its software with a range of payment processing, analytic and business intelligence services, consulting, training and professional services, and maintenance and technical support. Its portfolio is delivered primarily through cloud solutions tailored to the needs of nonprofits and foundations, educational institutions, individual change makers and corporate social impact programs. Its AI-powered solutions are built specifically for fundraising and relationship management, marketing and engagement, financial management, grant and award management, education management, ticketing, social responsibility, payment services and analytics. Raiser's Edge NXT is the cloud fundraising and relationship management solution that is all-inclusive, fully integrated with data health, AI-powered predictive analytics, email marketing, donation forms, event management, payment processing and process automation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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