Blackbaud reports developments in social impact software for nonprofits, foundations, corporations, schools, higher education institutions, healthcare organizations and other mission-driven customers. Company news commonly covers AI-powered fundraising, fund accounting, award management, payments and billing, customer outcomes, product launches and partnerships across its social impact platform.
Recurring updates also include quarterly financial results, guidance, sector research from the Blackbaud Institute, education-market initiatives, and company events such as bbcon. Product and platform themes include Intelligence for Good, Agent for Good, the Development Agent, Raiser's Edge NXT and related tools designed for fundraising, donor engagement, financial management and social impact operations.
Blackbaud (NASDAQ: BLKB) will report its third quarter 2026 financial results on October 28, before U.S. financial markets open.
The results announcement and conference call are scheduled for 8:00 a.m. ET. A live webcast will be available at investor.blackbaud.com and archived on the investor webpage following the call.
Blackbaud (NASDAQ: BLKB) unveiled Platform for Good and Lantern, a fundraising-specific language model, at its bbcon 2026 conference.
Platform for Good is designed to connect data, AI, workflows and partners beneath the Blackbaud applications customers already use. Developed through a collaboration with Databricks, Lantern draws on Blackbaud's fundraising expertise, data and context. The company plans for Lantern to deliver tailored intelligence within customers' existing workflows. Blackbaud also showcased an expanded Agents for Good lineup, connected finance experiences and ecosystem partnerships across its product portfolio.
Blackbaud (BLKB) unveiled Lantern, a fundraising-focused language model developed through a collaboration with Databricks for social impact organizations.
Lantern uses open-weight models on the Databricks platform and is trained further on synthetic fundraising scenarios modeled on Blackbaud’s Social Impact Signal Graph. The model is still being built, with input from Blackbaud customers including Boston University, Hesed House and YMCA of the North. Blackbaud plans to embed Lantern in its Platform for Good. It expects the model to begin powering select Raiser's Edge NXT and Agents for Good capabilities in 2027, with broader availability planned later.
Blackbaud (BLKB) unveiled Platform for Good, a unified operating system connecting its social impact products, data and AI.
The platform brings data, intelligence and AI-assisted workflows together across Blackbaud’s products. Blackbaud also debuted Lantern, a fundraising-focused language model developed through a collaboration with Databricks, and introduced a Data Health Agent and Blackbaud Marketing. It outlined updates to Raiser's Edge NXT, payment and financial tools, and a higher-education solution made possible through its partnership with Student First. Some capabilities remain previews or plans rather than available products.
BILL (BILL) and Blackbaud (BLKB) announced a partnership to integrate BILL payment capabilities into Blackbaud’s Financial Edge NXT Payment Assistant.
The planned integration will connect BILL’s business payments network and payment processing with Blackbaud’s accounts payable workflow, from invoice approval through payment and reconciliation. Financial Edge NXT customers are expected to gain access to BILL’s network of 9 million businesses. The companies plan a phased rollout, beginning with an early adopter program and then limited availability for U.S.-based Financial Edge NXT customers. Initial access will support domestic vendor payments only. BILL has also joined the Blackbaud Partner program, with further integrations planned.
Blackbaud (BLKB) hosted its 2026 Social Good Startup Program pitch showcase, featuring 11 AI-focused startups building tools for nonprofits, educators, grantmakers and socially responsible companies.
The startups demonstrated integrated solutions for grantmaking, fundraising, volunteer engagement, donor intelligence and strategic planning, many connecting to products such as Raiser's Edge NXT®. A panel of Blackbaud judges will select a winner, while public voting for a People's Choice award is open until Sept. 30, with both winners to be announced at bbcon 2026 on Oct. 1.
Blackbaud (NASDAQ: BLKB) announced the winners of its 2026 Blackbaud Impact Awards on August 18, 2026, honoring social impact organizations and leaders that use technology, data, and innovation to drive measurable change. The awards span seven categories, recognizing organizations and individuals across North America, Europe, and Asia Pacific.
Categories include the Silo Buster, Changemaker, Data Strategist, Fueling Greatness, Futurist, Outstanding Leadership, and Rising Star awards. Winners range from universities and hospices to youth- and community-focused nonprofits. According to Blackbaud, honorees will be celebrated on the mainstage at bbcon 2026 in Columbus, London, and Sydney.
Blackbaud (NASDAQ: BLKB) has expanded the availability of its Expedited Giving and Expedited Giving+ capabilities within the YourCause from Blackbaud corporate social responsibility and employee engagement suite. These features leverage the Blackbaud Verified Network and Blackbaud Integrated Payments to deliver corporate and employee donations to nonprofits significantly faster.
According to Blackbaud, Expedited Giving accelerates ACH-based disbursements for more than 100,000 nonprofits, delivering funds 90% faster than industry averages of 30–90+ days. Expedited Giving+ connects directly to Blackbaud Integrated Payments, enabling eligible employee digital donations to reach participating nonprofits in as little as 10 minutes, while improving transparency and reducing administrative burden across a network of more than ten million employees.
Blackbaud (NASDAQ: BLKB) announced a new Microsoft 365 Copilot-enabled agent for Raiser's Edge NXT, allowing nonprofit fundraising teams to surface their Blackbaud data and insights directly in Copilot Chat, Outlook, Teams, Word, and Excel using natural-language prompts, without leaving Microsoft 365 tools.
The integration is designed to provide real-time, contextual fundraising intelligence while preserving data integrity, governance, and security, and aligns with Blackbaud’s AI platform strategy to embed sector-specific, responsible AI into customers’ everyday workflows.
Blackbaud (NASDAQ: BLKB) reported 2026 second quarter revenue of $290.6 million, up 3.0% year over year, with recurring revenue of $285.3 million (98.2% of total). GAAP operating income was $62.0 million (21.3% margin), while non-GAAP operating income was $94.6 million (32.6% margin). GAAP diluted EPS rose to $0.79, and non-GAAP diluted EPS to $1.33. Non-GAAP adjusted EBITDA was $110.3 million with a 38.0% margin and a Rule of 40 score of 41.0%.
Operating cash flow reached $91.1 million, up $24.1 million, and non-GAAP free cash flow was $75.3 million, up $23.8 million, both showing a 760-basis-point margin improvement. The company reaffirmed its 2026 guidance, expecting to finish in the upper half of ranges for revenue, adjusted EBITDA, non-GAAP EPS, and free cash flow, with EPS and free cash flow at the high end. Blackbaud also continued aggressive share repurchases, having already bought back just over 6% of shares in 2026 and reducing total shares outstanding by approximately 15% since Q4 2023, with about $850 million remaining under its repurchase authorization.