{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-26-000002","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2026-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.694664+00:00","generated_at":"2026-05-16T03:32:19.575693+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 Q4 GAAP rev $295.3M (-2.3% on EVERFI); non-GAAP organic rev +4.3%; Rule of 40 achieved","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-26-000002","json":"https://secwatch.observer/filing/0001280058-26-000002.json","markdown":"https://secwatch.observer/filing/0001280058-26-000002.md","text":"https://secwatch.observer/filing/0001280058-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005826000002/0001280058-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005826000002/blkb-20260210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:32:19.575693+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"}