Welcome to our dedicated page for Blackbaud SEC filings (Ticker: BLKB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Blackbaud, Inc. (NASDAQ: BLKB) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its operations as a software company dedicated to powering social impact. These SEC filings include annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with other exhibits and technical materials.
Current reports on Form 8-K are used by Blackbaud to disclose material events such as the release of unaudited quarterly financial results. For example, recent 8-K filings have attached press releases covering revenue, operating margins, cash flow metrics, non-GAAP financial measures and commentary from company leadership. These filings also describe how Blackbaud uses non-GAAP metrics like adjusted EBITDA, free cash flow and adjusted free cash flow to analyze its operating performance.
Investors reviewing Blackbaud’s 10-K and 10-Q filings can find information on its software portfolio for fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management, as well as risk factors, accounting policies and segment-level details. Over time, these reports help clarify how the company’s AI roadmap, product innovation and capital allocation strategies, including stock repurchase programs, are reflected in its financial statements.
On this page, Stock Titan surfaces Blackbaud’s SEC filings as they become available from EDGAR and pairs them with AI-powered summaries. These summaries are designed to highlight key points from lengthy documents—such as major changes in guidance, updates to non-GAAP definitions, or revisions to prior-period financial statements—so readers can quickly understand what has changed without reading every line. Users can also review insider-related filings like Form 4 when available, to see reported transactions by directors and officers in Blackbaud’s common stock.
Blackbaud, Inc. reported stronger results for the three months ended March 31, 2026, with revenue of $281.1 million, up 4.2% from $269.9 million a year earlier, led by growth in contractual and transactional recurring revenue. Net income rose sharply to $31.1 million from $4.3 million, and diluted EPS increased to $0.67 from $0.09, as operating margin expanded to 18.3% from 7.3% helped by lower general and administrative costs and prior-year one-time items not repeating.
Non-GAAP income from operations was $83.4 million with a 29.6% margin, and non-GAAP diluted EPS reached $1.14. The company generated $51.5 million of operating cash flow and $37.0 million of free cash flow, while continuing to invest in AI-driven product innovation and cloud development. Blackbaud repurchased 1.6 million shares for $82.1 million, representing about 4.5% of shares outstanding as of December 31, 2025, and had $878.5 million remaining under its stock repurchase program.
Vanguard Portfolio Management reported beneficial ownership of 3,040,952 shares of Blackbaud Inc Common Stock, equal to 6.62% of the class. The filing shows Vanguard Portfolio Management LLC (and specified affiliates) has sole dispositive power over 3,040,952 shares and sole voting power for 29,249 shares. The filing is signed by Ashley Grim on 04/29/2026.
Blackbaud reported solid first quarter 2026 results, combining steady growth with much stronger profitability and cash generation. GAAP revenue reached $281.1 million, up 4.2% year over year, with recurring revenue of $276.5 million representing 98.3% of total revenue.
GAAP income from operations rose to $51.4 million with an 18.3% margin, while non-GAAP operating margin improved to 29.6%. GAAP diluted EPS increased to $0.67, and non-GAAP diluted EPS reached $1.14. Non-GAAP adjusted EBITDA was $98.7 million with a 35.1% margin.
Cash generation strengthened sharply: GAAP operating cash flow was $51.5 million and non-GAAP free cash flow was $37.0 million. The company reaffirmed its 2026 guidance, including GAAP revenue of $1.173–$1.179 billion and non-GAAP free cash flow of $280–$290 million, and highlighted a large remaining share repurchase authorization. Blackbaud also launched its first Agent for Good Development Agent AI solution for social impact customers.
Blackbaud, Inc. is asking stockholders at its June 10, 2026 virtual annual meeting to approve 2025 executive pay on an advisory basis, an amended and restated 2016 equity and incentive plan, and ratification of Ernst & Young LLP as auditor for 2026.
The company highlights 2025 performance, including achieving a Rule of 40 profile of 41.4%, organic recurring revenue of $1,106 million with 5.8% growth, 98.0% of total revenue from recurring sources, and gross dollar retention of 91.8%. It also repurchased about 7.9% of common stock outstanding as of December 31, 2024 and outlines a plan to repurchase 5% to 10% of shares outstanding as of December 31, 2025 in 2026.
The proxy emphasizes a largely independent, skills-diverse Board, strong ESG and cybersecurity oversight, and a pay-for-performance program where at least half of annual executive equity is performance-based. CEO Michael Gianoni’s 2025 total compensation is reported at $6,022,250, with other named executives ranging from about $2.3 million to $3.8 million.
Blackbaud Inc ownership filing: The Vanguard Group filed Amendment No. 18 to a Schedule 13G/A reporting that it beneficially owns 0 shares of Blackbaud Inc common stock, representing 0% of the class. The filing states this reporting follows an internal realignment completed on 01/12/2026 under SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, with a signature date of 03/26/2026. The filing clarifies that certain Vanguard subsidiaries now report their holdings separately and that The Vanguard Group no longer is deemed to beneficially own securities held by those subsidiaries.
Blackbaud Inc. executive Kevin P. Gregoire, EVP and Chief Operating Officer, sold common shares in an open-market transaction. On March 4, 2026, he sold 2,000 shares of Blackbaud common stock at an average price of $50.02 per share. After this sale, he directly owned 135,194 shares of Blackbaud common stock.
Blackbaud Inc. senior vice president and general counsel Jon W. Olson reported open-market sales of the company’s common stock. He sold 10,000 shares on February 27 at a weighted average price of $48.2268 per share and 5,000 shares on March 3 at a weighted average price of $49.1022 per share. After these transactions, he directly owned 35,939 shares of Blackbaud common stock.
BLKB submitted a Rule 144 notice concerning 5,000 shares of common stock proposed for resale. The shares arose from a Restricted Stock Unit vesting on 02/13/2026, and sales by Jon Olson of 5,000 shares were reported on 02/27/2026 with proceeds of $240,617.82 and $241,349.67.
BLKB filed a Form 144 reporting an intent to sell common stock, with the notice dated 02/27/2026.
The filing lists a broker address of Merrill Lynch One Bryant Park, New York, NY and records recent restricted stock unit vestings on 02/13/2026, 02/18/2026, and 02/19/2026.