The Tip Desk

BLACKBAUD INC

Company Stats

Market Cap
$1.9B
as of Sep 30, 2026
Enterprise Value
$3.0B
Shares Outstanding
45.4M
Free Float
76.5%

Income Statement

Revenue
$1.1B
Operating Income
$190.8M
Net Income
$115.0M
EBITDA
$200.9M
Revenue Growth, 3Y
2.2%
FCF Margin, 3Y Avg
21.8%
FCF Margin, Worst Year
17.6%

Cash Flow

Free Cash Flow
$257.8M
FCF Yield
13.6%
Owner FCF Yield
8.7%

Balance Sheet

Cash & Equivalents
$38.9M
Total Debt
$1.1B
Net Debt
$1.1B
Net Debt / EBITDA
5.33x
EV / EBITDA
14.74x
Net Debt / EBIT
5.62x

Returns & Capital

Share Repurchases
$217.2M
Buyback Yield, 3Y Avg
11.5%
SBC, 3Y Avg
$108.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.1B$257.8M22.8%
FY2024$1.2B$288.5M25.0%
FY2023$1.1B$194.9M17.6%
FY2022$1.1B$191.6M18.1%
FY2021$927.7M$202.0M21.8%

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage