Blackbaud Q1 revenue +4.2% to $281.1M; launches agentic AI solution

BLACKBAUD INC

2026-Q1 EPS reported $0.67 revenue$281,140,000

GAAP revenue $281.1M (+4.2% YoY); recurring revenue $276.5M (98.3% of total).
GAAP diluted EPS $0.67 (up from $0.09); non-GAAP diluted EPS $1.14 (up from $0.95).
Non-GAAP operating margin 29.6% (+120 bps); adjusted EBITDA margin 35.1% (+100 bps).
Free cash flow $37.0M (vs. -$12.3M YoY); operating cash flow margin 18.3%.
Launched 'Development Agent' as first agentic AI; 70+ AI capabilities across products.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BLACKBAUD INC reported first quarter ended March 31, 2026 results: revenue $281.1 million, net income $31.1 million, EPS $0.67.

Period: first quarter ended March 31, 2026
Revenue: $281.1 million
Net income: $31.1 million
EPS: $0.67
Result: reported results

Exact text from the filing

positions Blackbaud well for 2026 and beyond as we pursue our aspirational goals." First Quarter 2026 Results Compared to First Quarter 2025 Results: • GAAP total revenue was $281.1 million, up 4.2% and non-GAAP organic revenue increased 4.2%. • GAAP recurring revenue was $276.5 million, up 5.0% and represented 98.3% of total revenue. Non-GAAP organic recurring

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

BLACKBAUD INC filing history →

Source: SEC EDGAR

accession 0001280058-26-000013

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.