---
schema_version: "secwatch.filing_event.v1"
accession: "0001280058-24-000010"
form_type: "8-K"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:10:31.913765+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blackbaud Q4 GAAP revenue $295M (+7.4%); guides ~7% growth, 33% EBITDA margin for 2024

## Summary
- GAAP revenue $295.0M (+7.4%), recurring revenue $287.4M (+8.4%), 97% of total revenue.
- GAAP diluted EPS $0.10; non-GAAP diluted EPS $1.14 (up $0.46 YoY).
- Non-GAAP adjusted EBITDA $99.3M (33.6% margin, +890bps YoY).
- Full-year 2024 guidance: ~7% revenue growth, ~33% adjusted EBITDA margin, ~$264M adjusted free cash flow.
- Board authorized $500M stock repurchase program; management plans to offset dilution and pursue opportunistic buybacks.

## SEC filing metadata
- accession: 0001280058-24-000010
- form_type: 8-K
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000128005824000010/0001280058-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000128005824000010/blkb-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001280058-24-000010
- JSON: https://secwatch.observer/filing/0001280058-24-000010.json
- Plain text: https://secwatch.observer/filing/0001280058-24-000010.txt

## Key facts
- Earnings Releases
  BLACKBAUD INC reported financial results for quarter and fiscal year ended December 31, 2023.
  - Period: quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On February 12, 2024, Blackbaud, Inc. (the "Company") issued a press release reporting unaudited financial results for the quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280058/000128005824000010/0001280058-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.