earnings
confidence high
sentiment positive
materiality 0.75
Blackbaud Q4 GAAP rev $295.3M (-2.3% on EVERFI); non-GAAP organic rev +4.3%; Rule of 40 achieved
BLACKBAUD INC
2025-FY EPS reported
$2.37
revenue$1,128,365,000
- GAAP revenue $295.3M, down 2.3% due to EVERFI divestiture; non-GAAP organic revenue up 4.3%.
- GAAP operating margin 20.0% (+14,160bps); non-GAAP operating margin 30.0% (+270bps).
- GAAP diluted EPS $0.76 (up $7.82 YoY); non-GAAP diluted EPS $1.19 (+$0.12 YoY).
- Rule of 40 score 39.7%, achieved two years ahead of schedule.
- Non-GAAP adjusted EBITDA $104.5M, margin 35.4% (+160bps); free cash flow $41.1M (down $15.4M).