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BLACKBAUD INC (BLKB) filed an 8-K current report with the SEC on April 29, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 unaudited results covered quarter ended March 31, 2026.
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AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 unaudited results covered quarter ended March 31, 2026
- Press release issued April 29, 2026; detailed financial metrics in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $281.1M, up 4.2%; recurring revenue $276.5M, up 5.0% and 98.3% of total
- Non-GAAP operating margin 29.6%, up 120 basis points; adjusted EBITDA $98.7M, margin 35.1%
- GAAP diluted EPS $0.67 versus $0.09; non-GAAP diluted EPS $1.14 versus $0.95
- Free cash flow $37.0M versus negative $12.3M; operating cash flow $51.5M versus $1.4M
- 2026 guidance reaffirmed: revenue $1.173B–$1.179B and adjusted EBITDA $430M–$438M; Development Agent launch creates AI monetization opportunity
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