{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-25-000020","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.824874+00:00","generated_at":"2026-05-23T02:03:01.079358+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blackbaud Q1 2025: GAAP revenue $270.7M, non-GAAP organic revenue +5.8%; reiterates FY2025 guidance","bullets":["GAAP total revenue $270.7M (-3.1% YoY from EVERFI divestiture); non-GAAP organic revenue +5.8%.","GAAP diluted EPS $0.10 (unchanged); non-GAAP diluted EPS $0.96 (+$0.03 YoY).","Non-GAAP adjusted EBITDA $92.8M, margin 34.3% (+250 bps YoY).","GAAP operating cash flow $1.4M (margin 0.5%); free cash flow negative $(12.3)M due to one-time items (DC lease payment, vendor payment timing).","Repurchased ~4% of common stock in Q1; reaffirmed FY2025 financial guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-25-000020","json":"https://secwatch.observer/filing/0001280058-25-000020.json","markdown":"https://secwatch.observer/filing/0001280058-25-000020.md","text":"https://secwatch.observer/filing/0001280058-25-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005825000020/0001280058-25-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005825000020/blkb-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:03:01.079358+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}