{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-25-000048","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.020275+00:00","generated_at":"2026-05-17T01:35:37.520658+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blackbaud Q3 GAAP revenue $281.1M (-1.9%); non-GAAP organic rev +5.2%; EPS $0.98","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-25-000048","json":"https://secwatch.observer/filing/0001280058-25-000048.json","markdown":"https://secwatch.observer/filing/0001280058-25-000048.md","text":"https://secwatch.observer/filing/0001280058-25-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005825000048/0001280058-25-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005825000048/blkb-20251029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:35:37.520658+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"}