BLACKBAUD INC(BLKB)Stock Analysis
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Rank #944 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BLKB Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BLACKBAUD INC (BLKB), a Technology sector company. 13F Pro's AI-powered ranking engine scores BLKB at 59.1/100 on a 32-signal composite quality model, placing it at rank #944 of 2,879 stocks — the top half of the AI-ranked universe. BLKB scores in the top quartile across earnings quality (98.8), free cash flow (80.8), profitability (76.3). Areas of concern include institutional flow (13.1) and revenue growth (36.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 19.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), BLACKBAUD INC reports quarterly revenue of $281.1M, net income of $31.1M, an operating margin of 18.3%. Top institutional holders of BLKB by reported 13-F value include CLEARLAKE CAPITAL GROUP, L.P., BlackRock,, MORGAN STANLEY, based on the most recent SEC filings. BLKB trades on the Nasdaq exchange and files with the SEC under CIK 1280058. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BLKB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BLACKBAUD INC directly from SEC EDGAR. BLACKBAUD INC's 13F Pro composite quality score has ranged between 8 and 68 since 2021, currently 59.1 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$281.1M
Net Income
Q1 2026
$31.1M
Free Cash Flow
Q1 2026
$49.8M
Operating Margin
Q1 2026
18.3%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-2.3% YoYNet Income
+138.4% YoYOperating Income
+170.3% YoYEPS (Diluted)
+140.0% YoYTotal Assets
-4.2% YoYTotal Debt
+2.9% YoYOp. Cash Flow
-10.3% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $1.13B -2.3% | $1.15B +9.1% | $1.06B +14.1% | $927.7M +1.6% | $913.2M +1.4% | $900.4M |
| Net Income | $115.0M +138.4% | $-299.5M -559.6% | $-45.4M -896.9% | $5.7M -26.2% | $7.7M -35.2% | $11.9M |
| Operating Income | $190.8M +170.3% | $-271.4M -852.7% | $-28.5M -214.4% | $24.9M -33.1% | $37.2M +37.2% | $27.1M |
| EPS (Diluted) | $2.37 +140.0% | $-5.92 -572.7% | $-0.88 -833.3% | $0.12 -25.0% | $0.16 -36.0% | $0.25 |
| Total Assets | $2.39B -4.2% | $2.50B -16.6% | $2.99B +0.7% | $2.97B +45.3% | $2.04B +2.6% | $1.99B |
| Total Debt | $1.13B +2.9% | $1.10B +25.1% | $880.8M -10.1% | $979.9M +79.1% | $547.0M +15.0% | $475.8M |
| Operating Cash Flow | $265.6M -10.3% | $296.0M +45.2% | $203.9M -4.6% | $213.7M +44.4% | $148.0M -18.9% | $182.5M |
AI Insight: BLKB Ratio Trends
BLKB recovered strongly from Q4 2024 losses with operating margin stabilizing around 19-20% through 2025, but leverage spiked dramatically to 34.33 D/E in Q1 2026.
• Operating margin recovered from -120.9% in Q4 2024 to consistent 19-20% range through most of 2025.
• ROIC strengthened from 6.7% in Q1 2025 to 19.4% in Q4 2025 before moderating to 16.9% in Q1 2026.
• Debt-to-equity ratio exploded from 13.32 in Q4 2025 to 34.33 in Q1 2026, highest level in the dataset.
⚠ Sharp deterioration in leverage with D/E jumping 158% quarter-over-quarter to 34.33 in Q1 2026.
⚠ Operating margin declined 170bp from Q2 2025 peak of 20.2% to 18.3% in latest quarter.
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Available Research
13F Pro tracks comprehensive data for BLACKBAUD INC including:
Top Institutional Holders of BLKB
CLEARLAKE CAPITAL GROUP, L.P.
$376.5M9,751,837 shBlackRock, Inc.
$184.0M4,766,787 shMORGAN STANLEY
$164.7M4,265,345 shVANGUARD PORTFOLIO MANAGEMENT LLC
$116.3M3,011,703 shVANGUARD CAPITAL MANAGEMENT LLC
$75.0M1,943,516 shJANUS HENDERSON GROUP PLC
$60.1M1,555,833 shSTATE STREET CORP
$58.5M1,515,036 shGEODE CAPITAL MANAGEMENT, LLC
$37.5M971,119 shDIMENSIONAL FUND ADVISORS LP
$36.7M951,262 shGENEVA CAPITAL MANAGEMENT LLC
$27.8M719,100 sh
| Fund | Value | Shares |
|---|---|---|
| CLEARLAKE CAPITAL GROUP, L.P. | $376.5M | 9,751,837 |
| BlackRock, Inc. | $184.0M | 4,766,787 |
| MORGAN STANLEY | $164.7M | 4,265,345 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $116.3M | 3,011,703 |
| VANGUARD CAPITAL MANAGEMENT LLC | $75.0M | 1,943,516 |
| JANUS HENDERSON GROUP PLC | $60.1M | 1,555,833 |
| STATE STREET CORP | $58.5M | 1,515,036 |
| GEODE CAPITAL MANAGEMENT, LLC | $37.5M | 971,119 |
| DIMENSIONAL FUND ADVISORS LP | $36.7M | 951,262 |
| GENEVA CAPITAL MANAGEMENT LLC | $27.8M | 719,100 |
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Popular Research
Is BLKB a good stock to buy?
13F Pro's AI-powered analysis of BLACKBAUD INC (BLKB) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BLKB are available on the BLKB stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BLKB?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BLKB. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BLACKBAUD INC's investment landscape.