earnings
confidence high
sentiment positive
materiality 0.70
Blackbaud Q2 revenue $290.6M (+3% YoY); guides to upper half of FY26 ranges
BLACKBAUD INC
- GAAP diluted EPS $0.79 (up $0.24 YoY); non-GAAP diluted EPS $1.33 (up $0.11).
- Non-GAAP adjusted EBITDA $110.3M, margin 38.0%; Rule of 40 score 41.0%.
- Non-GAAP free cash flow $75.3M, margin 25.9% (+760 bps YoY).
- Expects FY26 revenue, adj. EBITDA, non-GAAP EPS, and FCF in upper half of guidance; EPS and FCF at high end.
- Repurchased >6% of shares in H1 2026; total shares outstanding reduced ~15% since Q4 2023.