Highest-materiality recent filing
Blackbaud Q1 revenue +4.2% to $281.1M; launches agentic AI solution
GAAP revenue $281.1M (+4.2% YoY); recurring revenue $276.5M (98.3% of total).
Blackbaud Q4 GAAP rev $295.3M (-2.3% on EVERFI); non-GAAP organic rev +4.3%; Rule of 40 achieved
GAAP revenue $295.3M, down 2.3% due to EVERFI divestiture; non-GAAP organic revenue up 4.3%.
Blackbaud expands share repurchase program to $1B, raises 2025 buyback guidance
Board raised buyback capacity from $800M to $1B; program has no expiration date.
Blackbaud Q3 GAAP revenue $281.1M (-1.9%); non-GAAP organic rev +5.2%; EPS $0.98
GAAP total revenue $281.1M (-1.9% YoY, driven by EVERFI divestiture); non-GAAP organic revenue +5.2%; recurring revenue 98.1% of total.
Blackbaud Q2 2025: Non-GAAP organic revenue +6.8%, FY guidance raised
GAAP total revenue $281.4M, down 2.1% (EVERFI divestiture); non-GAAP organic revenue up 6.8%.
Blackbaud Q1 2025: GAAP revenue $270.7M, non-GAAP organic revenue +5.8%; reiterates FY2025 guidance
GAAP total revenue $270.7M (-3.1% YoY from EVERFI divestiture); non-GAAP organic revenue +5.8%.
Blackbaud promotes Chad Anderson to CFO; Tony Boor shifts to corporate development role
Chad Anderson promoted to EVP and CFO effective April 30, 2025; previously served as CAO since June 2022.
Blackbaud Q4 GAAP net loss $330.8M on $405.4M EVERFI charges; non-GAAP EPS $1.08
GAAP net loss of $330.8M ($6.74 diluted loss per share) driven by $405.4M EVERFI impairment and disposition charges.
Blackbaud narrows EVERFI impairment charge range to $385M-$395M, down from $415M
Pre-tax noncash impairment charge estimated between $385M and $395M for EVERFI asset group.
Blackbaud sells EVERFI business to private investor for nominal consideration; retains YourCause
Sale closed Dec 31, 2024; EVERFI transferred to unaffiliated private investment firm for nominal cash and assumption of liabilities.
Blackbaud to record up to $415M noncash impairment charge on EVERFI asset group
EVERFI represented ~8% of total revenue for nine months ended September 30, 2024.
GAAP revenue $286.7M (+3.3% YoY); GAAP diluted EPS $0.40 vs $0.17; non-GAAP EPS $0.99 vs $1.12.
Blackbaud Q2 revenue up 6.0% to $287.3M; non-GAAP EPS $1.08; board approves $800M buyback
GAAP total revenue $287.3M (+6.0% YoY); GAAP diluted EPS $0.42 vs $0.04 prior year.
Blackbaud expands stock repurchase program to $800M from $500M
Board reauthorized and expanded buyback program capacity from $500M to $800M; no expiration date.
Blackbaud settles California AG probe over 2020 data breach for $6.75M
Final Judgment with California Attorney General resolves last U.S. state investigation into 2020 security incident.
Court denies class certification in Blackbaud 2020 cyber incident MDL
Court denied plaintiffs' motion for class certification due to failure to prove ascertainability.
Blackbaud Board Says Clearlake's $80/Share Offer Significantly Undervalues Company
On May 15, 2024, Blackbaud board rejected Clearlake's April 14 non-binding offer of $80 per share in cash.
Blackbaud Q1 revenue up 6.7% to $279.3M; non-GAAP EPS $0.93 up from $0.72
GAAP revenue $279.3M (+6.7% YoY); recurring revenue $271.5M (97% of total, +7.4%).
On April 30, 2025 , Blackbaud, Inc. (the “Company”) announced that Anthony W. Boor would be transitioning from his roles as Executive Vice President and Chief Financial Officer and Principal Accounting Officer to Executive Vice President of Corporate Development and Strategy effective April 30, 2025.
On April 30, 2025 , the Company announced the appointment of Chad M. Anderson to succeed Mr. Boor as Executive Vice President and Chief Financial Officer of the Company, effective April 30, 2025 .
Max materiality 0.80 · Median 0.65 · Most common event earnings