BLACKBAUD INC (BLKB) FY2025 10-K Annual Report

Filed: Feb 18, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

BLACKBAUD INC (BLKB) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 18, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BLACKBAUD INC FY2025 10-K Analysis

Business Overview

  • Core business: AI-powered cloud software and services for social impact organizations’ fundraising, engagement, education, financial management, and CSR operations
  • New products: Launched Blackbaud AI Chat and Agents for Good™ agentic AI suite in late 2025 for enhanced autonomous fundraising, finance, and corporate impact workflows
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Management Discussion & Analysis

  • No specific revenue figures or YoY changes disclosed for fiscal year 2026
  • No profitability or margin percentages provided
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Risk Factors

  • U.S. tax law changes under OBBBA enacted July 4, 2025, expected to reduce cash taxes through 2027, with evolving state conformity impacts
  • Geopolitical exposure in India via expansion of Global Capability Center in Hyderabad, leveraging labor arbitrage and follow-the-sun operations
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BLACKBAUD INC FY2025 Key Financial Metrics
XBRL

Revenue

$1.1B

-2.3% YoY

Net Income

$115M

+140.6% YoY

Gross Margin

58.8%

+346bp YoY

Operating Margin

16.9%

+4032bp YoY

Net Margin

10.2%

+3470bp YoY

ROE

135.2%

+33460bp YoY

Total Assets

$2.4B

-4.2% YoY

EPS (Diluted)

$2.37

+142.3% YoY

Operating Cash Flow

$266M

-10.3% YoY

Source: XBRL data from BLACKBAUD INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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