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Blackbaud BLKB · USD

Information Technology · US listing · 🇺🇸 United States

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54.58

+0.85%

Close of 9 Nov 2026, in USD

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About Blackbaud

From its filings with the US Securities and Exchange Commission

SEC filings

Blackbaud is based in Charleston, South Carolina and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker BLKB. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $1.13bn and net income of $115.0m. At that date it held total assets of $2.39bn and shareholders' equity of $85.1m. By region, United States [Member] accounted for 84.5%, followed by United Kingdom [Member] at 9.6% and Other countries [Member] at 5.9%.

In its own words

We are 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, we propel impact at scale with the sector’s most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world’s largest philanthropic data set, the most connected workflows, and the most powerful impact network, our solutions are building a future where resources are unleashed at the speed of need. Blackbaud brings over four decades of leadership to this sector: since originally incorporating in New York in 1982 and later reincorporating as a South Carolina corporation in 1991 and as a Delaware corporation in 2004. We are deeply proud to play a part in our customers’ success in their missions to provide healthcare and cure diseases, advance education, preserve and share arts and culture, protect the environment, support those in need and much more.

There are millions of organizations globally focused on social impact including nonprofits, foundations, education institutions and healthcare organizations. In the corporate sector, demonstrating positive social impact has become a business imperative. Countless individuals also engage in social impact by donating funds, volunteering their time, advocating for a cause, receiving services from or otherwise engaging with social impact organizations.

Quoted from its 10-K, filed 18 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Software
Listed since
19 Jul 2004
Employees
2,800
Head office
65 FAIRCHILD STREET, CHARLESTON, SC, 29492
Incorporated in
DE
Classification
Services-Prepackaged Software
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Andrew LeitchIndependent Chairman of the Board$455,889
  • Mr. Michael GianoniPresident, Chief Executive Officer, Vice Chairman of the Board, since 2014$10.2m
  • Mr. Chad AndersonChief Financial Officer, Executive Vice President
  • Mr. Kevin GregoireExecutive Vice President, Chief Operating Officer$3.5m
  • Mr. Kevin McdearisExecutive Vice President, Chief Technology Officer$2.8m
  • Mr. David BenjaminExecutive Vice President, Chief Commercial Officer$2.9m
  • Mr. Anthony BoorExecutive Vice President - Corporate Development and Strategy$4.2m
  • Mr. Jon OlsonSenior Vice President, General Counsel$1.8m
  • Mr. Bill FortSenior Vice President - North America Sales
  • Ms. Deneen DefioreIndependent Director$324,639
  • Ms. Rupal HollenbeckIndependent Director$309,639
  • Mr. D. Roger NanneyIndependent Director$314,639

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
72
Environment
62
Social
81
Governance
74
Direct emissions (scope 1)
52 t
Energy emissions (scope 2)
611 t
Value chain emissions (scope 3)
17,369 t
Women in the workforce
48%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Blackbaud Inc has a strong brand reputation in the nonprofit software industry, known for its comprehensive solutions and reliable customer support.
  • The company offers a wide range of software products and services, including fundraising and donor management, financial management, and marketing tools, providing a one-stop solution for nonprofits.
  • Blackbaud has a large customer base and established relationships with numerous nonprofit organizations, which gives them a competitive advantage in terms of market share and customer loyalty.

Weaknesses

  • One of the weaknesses of Blackbaud Inc is its relatively high pricing compared to some of its competitors. This may make their solutions less accessible to smaller nonprofits with limited budgets.
  • The company heavily relies on its software products, which means any technical issues or disruptions could potentially impact customer satisfaction and retention levels.
  • Blackbaud's focus on the nonprofit sector may limit its opportunities to diversify its offerings into other industries, potentially missing out on additional revenue streams.

Opportunities

  • The growing trend of digital transformation among nonprofits presents an opportunity for Blackbaud to develop and market innovative software solutions that cater to this changing landscape.
  • Expanding into international markets or exploring partnerships with international nonprofits can help Blackbaud tap into new customer segments and increase its global presence.
  • The increasing demand for advanced analytics and data-driven decision-making in the nonprofit sector opens up opportunities for Blackbaud to enhance its offerings in this area.

Threats

  • Intense competition from both established companies and new entrants in the nonprofit software market poses a threat to Blackbaud's market share and profitability.
  • The potential risk of data breaches or security vulnerabilities in Blackbaud's software solutions could significantly damage the company's reputation and erode customer trust.
  • Economic downturns or reductions in government funding for nonprofits may negatively impact their spending on software and services, potentially affecting Blackbaud's revenue.

Sources and methodology

Data on this tab
Our data supplier
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