Welcome to our dedicated page for Blackbaud news (Ticker: BLKB), a resource for investors and traders seeking the latest updates and insights on Blackbaud stock.
Blackbaud Inc (NASDAQ: BLKB) delivers cloud software solutions that empower mission-driven organizations across the social good sector. This news hub provides investors and stakeholders with centralized access to official updates, financial disclosures, and strategic developments from the nonprofit technology leader.
Our curated collection features earnings reports, product innovation announcements, and strategic partnership updates directly from Blackbaud. Users will find timely information on fundraising technology advancements, financial management tools, and corporate social responsibility initiatives that shape the company's market position.
Key content categories include quarterly financial results, acquisitions in the social impact software space, executive leadership updates, and new feature releases for platforms serving nonprofits and educational institutions. The repository is continuously updated to reflect Blackbaud's evolving role in enabling digital transformation for organizations driving societal change.
Bookmark this page for streamlined access to verified information about BLKB's operational milestones and technology roadmap. Combine these resources with fundamental analysis tools to make informed decisions about this specialized software provider.
Blackbaud has announced key leadership changes, promoting Chad Anderson to Executive Vice President and Chief Financial Officer (CFO). Anderson, a 12-year company veteran who previously served as Chief Accounting Officer, will oversee financial reporting, controls, and investor relations.
Former CFO Tony Boor, after 14 successful years, transitions to a new role as Executive Vice President of Corporate Development and Strategy. In this position, Boor will focus on advancing Blackbaud's long-term value and driving enterprise-wide strategies.
Anderson brings significant experience from his previous roles at Blackbaud and Brightpoint, where he served as VP of Finance for international operations and CFO of the Europe, Middle East and Africa region. Both Anderson and Boor will remain on Blackbaud's executive leadership team as the company works toward becoming a Rule of 45 company by 2030.
Blackbaud reported its Q1 2025 financial results, showing mixed performance with organic growth despite overall revenue decline. The company's total revenue was $270.7 million, down 3.1% due to EVERFI divestiture, while non-GAAP organic revenue grew 5.8%.
Key highlights include:
- Recurring revenue at $264.1 million (97.6% of total revenue)
- GAAP operating margin improved to 7.5% (up 370 basis points)
- Non-GAAP operating margin reached 28.6% (up 270 basis points)
- GAAP earnings per share remained stable at $0.10
- Non-GAAP adjusted EBITDA margin increased to 34.3%
The company reaffirmed its 2025 guidance, projecting revenue of $1.115-1.125 billion and organic growth of 4.5-5.4%. Blackbaud repurchased approximately 4% of common stock and remains focused on becoming a Rule of 45 company by 2030.
Blackbaud has announced its enhanced partner ecosystem for K-12 independent schools, enabling them to customize their software solutions through SKY API. The company's Total School Solution offers comprehensive software for enrollment, student information, learning management, tuition, fundraising, and accounting.
Key partner integrations include:
- Almabase - Two-way integration for alumni engagement and fundraising
- August Schools - Digital hub for student health and wellness
- BrightArrow - Communications and emergency notifications
- Odin - Non-tuition expense management
- PaperSave - Invoice automation and payment processing
- UBIQ Education - School website management
Success stories include Berwick Academy's implementation of Odin for streamlined payments and Calvert Hall College High School's use of BrightArrow and August Schools for enhanced communication and student wellness services.
Blackbaud (NASDAQ: BLKB) announces its role as presenting sponsor for the Association of Fundraising Professionals (AFP) ICON conference, scheduled for April 27-29, 2025, in Seattle. The conference, themed 'Elevating Impact,' will feature Blackbaud-hosted educational sessions focusing on human-centric fundraising and AI integration.
At the event, Blackbaud will showcase product updates, including a preview of the upcoming Constant Contact integration for Blackbaud Raiser's Edge NXT®, designed to enhance digital marketing and donor communication. The company continues its support of AFP through the Blackbaud Development Fund, providing scholarships for underrepresented fundraisers and backing the AFP's Emerging Leaders Mentor Program.
Blackbaud (NASDAQ: BLKB) has announced the launch of Blackbaud Integrated Payments, an expanded payment processing solution that builds upon their previous Blackbaud Merchant Services functionality. The new system will extend payment capabilities to third-party software providers through Blackbaud's Payments API and integrate with YourCause for corporate employee giving programs.
Key features include optimized checkout experience, automated credit card updating, fraud detection, and centralized reporting. Organizations using Blackbaud's Complete Cover™ have enjoyed 0% processing and saved millions in fees. The platform has demonstrated up to 30% conversion rates and 40% increases in donations through Optimized Donation Forms.
The new Expedited Giving feature, launching later in 2025, will accelerate donation distribution from corporate giving programs, making funds available to nonprofits up to 95% faster. Partners already utilizing the system include Almabase, Odin, SmartTHING, SwipeTrack, and Pledge.
Blackbaud (NASDAQ: BLKB), a leading software provider for social impact, has scheduled its first quarter 2025 financial results announcement for Wednesday, April 30, 2025, before U.S. market opening.
The company will host a conference call at 8:00 a.m. ET to discuss the results. Investors can join via live webcast at investor.blackbaud.com or through dial-in numbers: 1-877-407-3088 (US) or +1 201-389-0927 (International). The webcast recording will be archived on Blackbaud's investor webpage for future reference.
Blackbaud (NASDAQ: BLKB) has launched nominations for its 2025 Impact Awards, celebrating organizations leveraging their software for social impact. The awards program features seven categories recognizing excellence in technology utilization and organizational achievement.
The categories include:
- The Silo Buster Award for breaking down organizational barriers
- The Changemaker Award for tech innovation
- The Fueling Greatness Award for goal achievement
- The Data Strategist Award for data-driven success
- The Futurist Award for ecosystem utilization
- The Outstanding Leadership Award for executive excellence
- The Rising Star Award for emerging talent
Nominations are open until June 13, 2025, with winners to be celebrated at bbcon 2025 in Philadelphia from October 6-8. The previous year's winners included organizations like Adventist Health, Combat Stress, and University of Manitoba.
Blackbaud (NASDAQ: BLKB) has opened registration for bbcon 2025, their annual conference scheduled for October 6-8 in Philadelphia. Early bird pricing is available until July 8, offering savings of $779 off full-price registration.
The conference will feature:
- Over 100 sessions focused on actionable insights and innovative strategies
- Networking opportunities with industry professionals
- Pre-conference workshops for enhanced learning
- Latest innovations in Blackbaud solutions
Additionally, Blackbaud will host virtual Product Update Briefings from May 6-9, showcasing six major waves of innovation coming to their solutions. These briefings will provide access to new feature updates, early previews, and detailed product guides.
Blackbaud (NASDAQ: BLKB) hosted its YourCause Corporate Social Impact Summit in Dallas, showcasing significant updates to its corporate social responsibility platform. The company unveiled several innovations including:
- New Expedited Giving functionality that delivers donations up to 95% faster to nonprofits
- Enhanced volunteer management tools featuring Mobile Check-In
- AI-powered grant application improvements
- Global expansion initiatives including partnership with Nacional Monte de Piedad
- Integration with True Impact for outcomes data
- Launch of Blackbaud Impact Edge™ with Blackbaud Copilot AI assistant for real-time intelligence and strategic planning
The platform improvements focus on streamlining corporate giving, volunteering, and grantmaking processes. Additional support features include global customer service, Spanish language support coming soon, and access to Blackbaud University training courses.
Blackbaud (NASDAQ: BLKB) has released its 2024 Trends in Giving Spotlight report, revealing significant growth in charitable giving. The report shows a 1.9% year-over-year increase in overall giving, approaching pandemic-era peak levels.
Key highlights include:
- Online giving grew 2.2% year-over-year, reaching a new record level
- Healthcare organizations led sectoral growth with an 11.3% increase, followed by Animal Welfare (7.1%) and Environmental (5.6%)
- The mean individual gift set a new record of $937, while the mean online gift remained stable at $197
- 34% of all giving occurred in the last quarter of 2024, maintaining consistent end-of-year giving patterns despite the presidential election
The findings are based on data from over 8,500 nonprofit organizations, representing more than $55 billion in fundraising revenue.
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