BLKB

CHARLESTON, S.C., July 15, 2026 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading provider of AI-powered solutions for social impact, will report its second quarter 2026 financial results on Wednesday, July 29, before the U.S. financial markets open for trading. In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET to discuss the company's financial results. A webcast will be available and archived on Blackbaud's investor webpage following the call. About Blackbaud Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising, nonprofit financial management, digital giving, grant making, corporate social responsibility, and education management. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook. Media Inquiries [email protected] Forward-looking Statements Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management...

AI Adoption in the Social Impact Sector Is Booming, but Effectiveness Is Not; New Report Investigates Why and What Organizations Should Do Next CHARLESTON, S.C., June 24, 2026 /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the world's leading provider of AI‑powered solutions for social impact, today released new research that delivers a clear framework for intentional AI adoption to support the social impact sector's ability to maintain financial resilience, grow donor confidence, and continue responding to pressing societal needs despite constrained resources. The report, Bridging the AI Effectiveness Gap: New Research on What Drives AI Impact and Trust in the Social Sector, draws on surveys from thousands of social impact professionals and donors to identify what separates organizations that are seeing real results from AI from those that are not. While 85% of social impact professionals report using AI at work, only about 33% believe their organization is using it very effectively. The research reveals a clear divide between a small group of "AI‑Adaptive" organizations—the 10% of organizations at the top of the AI maturity scale that have moved beyond experimentation to systemic, governed AI use—and the majority of organizations that are still applying AI in fragmented, individual ways. The AI‑Adaptive organizations are realizing significant dividends on their AI investment, consistently reporting stronger outcomes tied to long‑term sector health, including revenue growth, donor retention and staff productivity. This research comes at a critical time for the social impact sector with traditional fundraising models under increasing strain due to staffing shortages, high turnover and limited resources, all of which directly impact organizations' ability to sustain revenue growth. "AI presents a transformative opportunity to fundamentally reshape social impact," said Carrie Cobb, chief data and AI officer, Blackbaud. "But this research makes it clear that adoption alone is not enough. To achieve meaningful outcomes, organizations must be intentional about grounding their AI approach in strong data, clear governance and transparency. It's about more than time and cost savings. It's about leveraging AI to position the sector for a future of sustainable growth." Key Findings There are four key gaps that organizations should...

A month has gone by since the last earnings report for Blackbaud (BLKB). Shares have lost about 18.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Blackbaud due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Blackbaud, Inc. before we dive into how investors and analysts have reacted as of late. Blackbaud’s Q1 Earnings Beat on Recurring Revenue Strength Blackbaud delivered non-GAAP earnings of $1.14 per share in the first quarter of 2026, up 20.0% year over year and 1.8% above the Zacks Consensus Estimate. Revenue of $281.14 million increased 4.2% from the year-ago quarter and came in 0.4% ahead of the consensus mark. Performance reflected steady subscription-led execution and healthy transactional volumes. Recurring revenue rose 5.0% to $276.5 million and represented 98.3% of total revenue, keeping the quarter anchored in durable, repeatable demand. BLKB Maintains A Subscription-Led Growth Profile BLKB continued to post consistent top-line progress with organic revenue growth of 4.2% in the quarter. Management emphasized that demand remained solid for its mission-critical offerings, while transactional revenue volumes contributed positively, even as the company maintained a conservative posture around the inherent variability of transactional revenue. The company also pointed to a contract-duration tailwind at renewal. Management noted that more than 20% of customers are now on four-year or longer terms, aided by confidence in product outcomes and the practicality of AI enhancements embedded within workflows. Blackbaud Leans Into Agentic AI Commercialization Blackbaud highlighted continued product innovation as a strategic driver, with more than 70 new AI capabilities embedded across its offerings and the launch of its first “Agent For Good” solution, the Development Agent. The company positioned this as a new product category aimed at scaling fundraising capacity inside the trusted Blackbaud environment. On the earnings call, management framed early commercialization as still in the ramp phase but cited strong interest from existing customers, including oversubscribed webinars and early customer results. The company described the Deve...

Blackbaud Inc. (NASDAQ:BLKB) is one of the best small-cap value stocks to buy. On April 30, Evercore ISI reiterated an In Line rating on Blackbaud Inc. (NASDAQ:BLKB) and lowered the price target to $45 from $55. The price target cut comes on the heels of Blackbaud delivering solid first-quarter results. Revenue in the quarter was up 4.2% year over year to $281.1 million, beating Evercore ISI’s estimate of $279.9 million. The increase was driven by a 5% organic recurring revenue increase. Adjusted operating margins improved 120 basis points to 29.6% due to cost discipline and productivity initiatives. Net income in the quarter totaled $52.6 million or $1.14 a share, up by $0.19 a share. The better-than-expected results underscore the strength of the financial model that’s driving growth, expanding margins, and expanding free cash flow. Management expects growth momentum to continue throughout the year, with full-year revenue expected to range between $1.173 billion and $1.179 billion, and non-GAAP diluted earnings per share between $5.15 and $5.25. Free cash flow is also expected to range between $280 million and $290 million. Blackbaud Inc. (NASDAQ:BLKB) is a leading cloud software company focused exclusively on providing technology for the social good community, including nonprofits, foundations, educational institutions, and healthcare organizations. They provide solutions for fundraising, constituent relationship management (CRM), financial management, and analytics to over 40,000 customers in 100+ countries. While we acknowledge the potential of BLKB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Most Oversold Canadian Stocks to Invest In and 10 Best Stocks to Buy in 2026 According to Billionaire George Soros. Disclosure: None. Follow Insider Monkey on Google News.

Last week saw the newest first-quarter earnings release from Blackbaud, Inc. (NASDAQ:BLKB), an important milestone in the company's journey to build a stronger business. Revenues were US$281m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$0.67 were also better than expected, beating analyst predictions by 11%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Blackbaud after the latest results. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. After the latest results, the five analysts covering Blackbaud are now predicting revenues of US$1.18b in 2026. If met, this would reflect a reasonable 3.2% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be US$3.15, roughly flat on the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of US$1.18b and earnings per share (EPS) of US$3.13 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. See our latest analysis for Blackbaud With no major changes to earnings forecasts, the consensus price target fell 11% to US$53.00, suggesting that the analysts might have previously been hoping for an earnings upgrade. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Blackbaud analyst has a price target of US$65.00 per share, while the most pessimistic values it at US$45.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure. Another way we can view thes...

This article first appeared on GuruFocus. Organic Revenue Growth: 4.2% to $281 million in Q1 2026. Non-GAAP Adjusted EBITDA: $99 million, up $7 million with a 1 percentage point improvement in margin. Non-GAAP EPS: Increased to $1.14, up 20% from $0.95 last year. Free Cash Flow: Up nearly $50 million year over year to $37 million in Q1 2026. Share Repurchases: Approximately 4.5% of shares outstanding bought back at the end of 2025. Warning! GuruFocus has detected 8 Warning Signs with BLKB. Is BLKB fairly valued? Test your thesis with our free DCF calculator. Release Date: April 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Blackbaud Inc (NASDAQ:BLKB) delivered solid execution against its operating plan with a strong focus on efficiency and product innovation. The company is aggressively investing in AI capabilities, enhancing product offerings and operational efficiency. Blackbaud Inc (NASDAQ:BLKB) reported a 4.2% organic revenue growth in Q1 2026, reaching $281 million. The company achieved a 20% increase in non-GAAP EPS, rising to $1.14 from $0.95 in the previous year. Blackbaud Inc (NASDAQ:BLKB) has a strong free cash flow, up nearly $50 million year over year, and plans to use over 50% of cumulative free cash flow for share repurchases between 2026 and 2030. The company faces challenges with limited IT resources and staffing shortages in its vertical markets. Blackbaud Inc (NASDAQ:BLKB) expects adjusted EBITDA dollars to decline slightly year over year in Q2 due to planned AI investments. Transactional revenue can be variable quarter-to-quarter, which may impact financial performance. The company is still in the early stages of broader commercialization of its AI offerings, which may delay potential revenue growth. Blackbaud Inc (NASDAQ:BLKB) anticipates that financial performance will be heavily weighted to the back half of the year, particularly the fourth quarter, which could lead to uneven quarterly results. Q: Mike, regarding AI and the Agents For Good initiative, was your comment about thousands of customers adopting this specifically for 2026, or is it a longer-term goal? Are there specific customer cohorts that are more likely to adopt this functionality? A: The comment about targeting thousands of customers is for the development agent, which went into general availability in March....

Performance was driven by solid execution against the operating plan, focusing on efficiency and a rapid pace of product innovation across the portfolio. Management attributes competitive wins to their 'data moat,' which leverages decades of specialized domain expertise and real-time philanthropic data that competitors cannot easily replicate. The company is pivoting toward 'agentic AI' as a core growth driver, launching the Blackbaud Fundraising Development Agent to automate complex tasks and unlock new revenue streams for customers. Operational efficiency is being enhanced internally through AI tools like Microsoft GitHub Copilot and Anthropic Claude, which have reduced certain engineering workloads from days to hours. Strategic positioning focuses on being a 'system of record' with deeply embedded workflows, which supports longer contract terms; over 20% of customers are now on 4-year or longer agreements. The 'Blackbaud Verified Network' creates a unique flywheel effect by connecting corporate social responsibility customers (YourCause) with nonprofit fundraisers, a capability management claims is exclusive to their platform. Management is targeting a non-GAAP EPS CAGR of 13% plus through 2030, supported by organic revenue growth of 4% to 6% annually. Adjusted EBITDA margins are expected to expand to 40% plus by 2030, driven by the closure of legacy data centers and the elimination of legacy software infrastructure. The company plans to deploy at least 50% of cumulative free cash flow from 2026 to 2030 toward stock repurchases, continuing a program that has already reduced shares by 14% since late 2023. Q2 2026 adjusted EBITDA is expected to decline slightly year-over-year due to front-loaded investments in AI for both customer-facing products and internal operations. Guidance assumes transactional revenue performance consistent with historical patterns and explicitly excludes any potential upside from 'viral giving events.' The company is transitioning away from seat-based pricing in favor of annual subscription fees and transactional models, which management believes better aligns with customer value. A significant enterprise win in Q1 involved a 5-year contract with a large veterans organization, representing one of the largest deals in the company's history. Management identified a shift in addressable market strategy, targeting customers' department...

Blackbaud (BLKB) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.56%. A quarter ago, it was expected that this software and services provider in the nonprofit sector would post earnings of $1.15 per share when it actually produced earnings of $1.19, delivering a surprise of +3.48%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Blackbaud, which belongs to the Zacks Computer - Software industry, posted revenues of $281.14 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.53%. This compares to year-ago revenues of $270.66 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Blackbaud shares have lost about 40.8% since the beginning of the year versus the S&P 500's gain of 4.3%. While Blackbaud has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Blackbaud was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of...

Blackbaud (BLKB) reported Q1 non-GAAP earnings Wednesdasy of $1.14 per diluted share, up from $0.95

CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Blackbaud Inc. (BLKB) on Wednesday reported first-quarter profit of $31.1 million. On a per-share basis, the Charleston, South Carolina-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, came to $1.14 per share. The software and services provider in the nonprofit sector posted revenue of $281.1 million in the period. Blackbaud expects full-year earnings in the range of $5.15 to $5.25 per share, with revenue in the range of $1.17 billion to $1.18 billion. Blackbaud shares have dropped 41% since the beginning of the year. The stock has decreased 41% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLKB at https://www.zacks.com/ap/BLKB

AI commercialization is front and center: Blackbaud launched its first agentic AI product, the Blackbaud Fundraising Development Agent, to general availability and is positioning it as a new subscription revenue line (pricing “in the tens of thousands” annually) with cross-sell and payments-driven transactional upside. Solid Q1 financials and active buybacks: Q1 organic revenue rose 4.2% to $281M, non-GAAP EPS jumped 20% to $1.14 and non-GAAP EBITDA was $99M, while free cash flow increased to $37M and the company repurchased roughly 4.5% of shares in the quarter (about 14% since Q4 2023). Guidance reaffirmed but back‑loaded with near-term AI spend: Management reiterated full-year guidance and long-term 2026–2030 targets (4–6% organic revenue growth, 6–8% adjusted EBITDA growth, 40%+ margin), but expects results to be weighted to the back half of 2026 and warned of a slight Q2 adjusted EBITDA decline due to planned AI investments. Interested in Blackbaud, Inc.? Here are five stocks we like better. Blackbaud (NASDAQ:BLKB) executives emphasized product innovation—particularly around generative and “agentic” AI—alongside continued focus on efficiency and capital returns as the company reviewed first-quarter 2026 results and reiterated its full-year outlook. CEO, President and Vice Chairman Mike Gianoni said the company delivered “solid execution against our operating plan to start 2026,” pairing operating efficiency with “a strong pace of product innovation.” He repeatedly highlighted AI enablement as central to both customer-facing capabilities and Blackbaud’s internal operations, pointing to investments in “generative and agentic AI capabilities” and ongoing work on governance and cybersecurity. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank Gianoni said Blackbaud’s first agentic AI offering—the Blackbaud Fundraising Development Agent—reached general availability in the first quarter “ahead of schedule,” though he characterized commercialization as still in early stages and potential upside as the company makes guidance and investment decisions. He described “Agents for Good” as a new product category, with the Development Agent as the first release and “many” more planned across the portfolio. On adoption and data, Gianoni said more than half of Raiser's Edge NXT customers use machine learning-enabled donor prospecting, which he said...

Company Launches Its First Agent For Good™ Agentic AI Solution for the Social Impact Sector CHARLESTON, S.C., April 29, 2026 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leader in AI for social impact, today announced financial results for its first quarter ended March 31, 2026. "We're off to a strong start in 2026, and our execution continues to reinforce Blackbaud's clear leadership in the social impact software market," said Mike Gianoni, president, CEO and vice chairman of the board of directors, Blackbaud. "With more than 70 new AI capabilities embedded across our products, we have now taken the next step and launched the first of many planned new agentic AI solutions, the Development Agent. Early demand has been exceptional, customer interest is high, and momentum is building. This strong first quarter reinforces our confidence in our AI-powered roadmap and positions Blackbaud well for 2026 and beyond as we pursue our aspirational goals." First Quarter 2026 Results Compared to First Quarter 2025 Results: GAAP total revenue was $281.1 million, up 4.2% and non-GAAP organic revenue increased 4.2%. GAAP recurring revenue was $276.5 million, up 5.0% and represented 98.3% of total revenue. Non-GAAP organic recurring revenue increased 5.0%. GAAP income from operations was $51.4 million, with GAAP operating margin of 18.3%, an increase of 1,100 basis points. Non-GAAP income from operations was $83.4 million, with non-GAAP operating margin of 29.6%, an increase of 120 basis points. GAAP net income was $31.1 million, with GAAP diluted earnings per share of $0.67, up $0.58 per share. Non-GAAP net income was $52.6 million, with non-GAAP diluted earnings per share of $1.14, up $0.19 per share. Non-GAAP adjusted EBITDA was $98.7 million, up $6.6 million, with non-GAAP adjusted EBITDA margin of 35.1%, an increase of 100 basis points. Rule of 40 score was 39.3%. GAAP net cash provided by operating activities was $51.5 million, an increase of $50.1 million, with GAAP operating cash flow margin of 18.3%, an increase of 1,780 basis points. Non-GAAP free cash flow was $37.0 million, an increase of $49.3 million, with non-GAAP free cash flow margin of 13.2%, an increase of 1,770 basis points. "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 Ch...