earnings
confidence high
sentiment positive
materiality 0.75
Blackbaud Q3 GAAP revenue $281.1M (-1.9%); non-GAAP organic rev +5.2%; EPS $0.98
BLACKBAUD INC
2025-Q3 EPS reported
$1.61
revenue$833,109,000
- GAAP total revenue $281.1M (-1.9% YoY, driven by EVERFI divestiture); non-GAAP organic revenue +5.2%; recurring revenue 98.1% of total.
- GAAP diluted EPS $0.98 (up $0.63 YoY); non-GAAP diluted EPS $1.10 (up $0.11).
- Non-GAAP adjusted EBITDA $99.7M, margin 35.4% (+220 bps); Rule of 40 score 40.6%.
- GAAP operating cash flow $139.2M (margin 49.5%, +1,320 bps); non-GAAP adjusted FCF $125.1M (margin 44.5%, +1,040 bps).
- YTD repurchased >5% of common stock; leverage ratio reduced from 2.9x (Q1) to 2.4x (Q3).