secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001280058-25-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud Q2 2025: Non-GAAP organic revenue +6.8%, FY guidance raised
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- GAAP total revenue $281.4M, down 2.1% (EVERFI divestiture); non-GAAP organic revenue up 6.8%.
- Non-GAAP operating margin 33.5% (+350 bps); GAAP operating margin 20.1% (+540 bps).
- GAAP diluted EPS $0.54, up $0.12; non-GAAP diluted EPS $1.21, up $0.13.
- Rule of 40 score 45.3%, highest quarterly performance in company history.
- Full-year 2025 financial guidance raised across all key metrics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005825000039/0001280058-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005825000039/blkb-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001280058-25-000039

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