Recent Updates — BLKB
Blackbaud reported second quarter 2026 financial results with GAAP total revenue of $290.6 million, a 3.0% increase year-over-year. Non-GAAP diluted earnings per share rose to $1.33 from $1.22 in the prior year period, while non-GAAP adjusted EBITDA reached $110.3 million. The company reaffirmed its full-year 2026 guidance, projecting GAAP revenue between $1.173 billion and $1.179 billion and non-GAAP diluted EPS of $5.15 to $5.25. Management expects to finish in the upper half of these ranges, with EPS and free cash flow at the high end. Blackbaud also noted it has repurchased approximately 6% of its shares year-to-date, reducing total outstanding shares by roughly 15% since late 2023. Blackbaud operates as a provider of AI-powered software solutions for fundraising, engagement, education, and financial management within the social impact sector.