Blackbaud

Blackbaud helps nonprofits and schools manage their money and donors. It makes software that handles fundraising and school tuition. These tools help groups focus on missions like curing diseases or protecting the environment.

Helping Good Causes Grow

• Fundraising and Engagement: Tools like Raiser's Edge NXT for managing donor relationships and peer-to-peer giving.
• Financial Management: Software such as Financial Edge NXT for fund accounting and tuition processing for K-12 schools.
• Social Responsibility: Solutions like YourCause for corporate giving and employee volunteering programs.
• Contractual Recurring Revenue: Software subscriptions typically sold on three-year terms; accounts for roughly 64% of total revenue.
• Transactional Recurring Revenue: Fees from processing donations and tuition payments; represents about 34% of total revenue.

New Tools and Global Growth

• Launched Agents for Good in October 2025 to provide AI-driven assistants for fundraising and finance tasks.
• Introduced Blackbaud AI Chat in late 2025 to give users contextual help within their software.
• Expanded the Global Capability Center in Hyderabad, India, to increase access to technical talent and improve efficiency.
• Raised the stock repurchase program capacity to $1 billion in December 2025.

What Makes the Platform Unique

The company uses its large philanthropic dataset to power AI features that predict donor behavior and automate office work. Its Intelligence for Good strategy embeds machine learning directly into everyday workflows to help customers raise more money.

Measuring Recent Performance

• Revenue was $295.3 million in Q4 2025, down 2.3% from $302.2 million in Q4 2024.
• Net income reached $36.7 million in Q4 2025, an improvement from a loss of $330.8 million in Q4 2024.
• Gross profit rose to $172.3 million in Q4 2025, up 4.8% from the previous year.
• Operating income hit $59.1 million in Q4 2025, which improved from a loss of $367.1 million in Q4 2024.
• Free cash flow was $55 million in Q4 2025, down 25% from $73.4 million in Q4 2024.

Bottom Line

Blackbaud has transitioned from a traditional software provider to an AI-focused cloud platform for the social impact sector. Its shift toward multi-year contracts and automated payment processing provides more predictable revenue while supporting its global expansion.