Blackbaud filings document the reporting obligations of a public software company serving the social impact sector. Recent Form 8-K reports record quarterly and annual financial results, related press release exhibits, financial-condition disclosures and Inline XBRL cover-page data tied to the company's operating performance.
Proxy filings cover annual meeting matters, board governance, stockholder voting, executive compensation and equity award disclosures. Together, the filing record reflects Blackbaud's public-company governance, capital-market reporting and recurring disclosure practices for its software, AI, fundraising, financial management and education-focused operations.
Blackbaud, Inc. (BLKB) reported third-quarter revenue of $292.6 million, compared with $281.1 million a year earlier, while GAAP net income was $46.1 million versus $47.5 million. For the nine months ended September 30, 2026, revenue was $864.4 million compared with $833.1 million, and net income was $112.6 million compared with $78.3 million.
Operating cash flow for the nine-month period was $284.2 million, compared with $207.5 million. Blackbaud repurchased 2,846,852 shares for $128.4 million during that period; $832.1 million remained available under the program as of September 30, 2026. Including net share settlement of employee stock compensation, the company said the repurchases represented approximately 7.2% of its outstanding common stock as of December 31, 2025. Debt was $1.0 billion, and the net leverage ratio was 2.29 to 1.00, as of September 30, 2026.
Blackbaud expects 2026 interest expense of approximately $62 million to $66 million and pre-tax global workforce transition costs of approximately $8 million to $10 million. The company said revenue up for renewal in 2026 is approximately 40% higher than in 2025, and expects temporary pressure on gross dollar retention before it returns toward levels more consistent with recent historical performance by the end of 2027.
Blackbaud reported third-quarter 2026 revenue of $292.6 million, up 4.1% from a year earlier, and GAAP net income of $46.1 million. Non-GAAP adjusted EBITDA was $111.1 million, up $11.4 million; GAAP diluted earnings per share was $1.02, up $0.04. For the first nine months, GAAP net income was $112.6 million versus $78.3 million, while operating cash flow was $284.2 million versus $207.5 million.
Blackbaud reaffirmed 2026 guidance and expects to finish in the upper half of all four ranges: GAAP revenue of $1.173 billion to $1.179 billion, non-GAAP adjusted EBITDA of $430 million to $438 million, non-GAAP diluted earnings per share of $5.15 to $5.25, and non-GAAP free cash flow of $280 million to $290 million. As of September 30, 2026, $832 million remained in its stock repurchase program; management expects 2026 repurchases to represent 7% to 10% of common stock outstanding as of December 31, 2025. Blackbaud said Lantern will be embedded in Platform for Good starting in 2027.
BLACKBAUD INC (BLKB) reports that officer Jon W. Olson, SVP and General Counsel, acquired 4,888 shares of common stock on February 19, 2026 through the vesting of performance restricted stock units. This Form 4 amendment corrects a prior filing that inadvertently omitted these PRSUs.
After this vesting, Olson directly holds 58,567 common shares. The PRSUs were part of a grant made on February 19, 2025 that vests in three equal annual installments beginning February 19, 2026, contingent on Blackbaud achieving performance goals for the period ended December 31, 2025. No Rule 10b5-1 trading plan is reported.
BLACKBAUD INC (BLKB) reports that EVP & Chief Technology Officer Kevin McDearis acquired 7,820 shares of common stock on February 19, 2026 through the vesting of performance restricted stock units (PRSUs) at $0.00 per share. After this grant/award acquisition, he directly holds 117,271 shares of Blackbaud common stock.
The PRSUs were originally granted on February 19, 2025 and were structured to vest in three equal annual installments beginning February 19, 2026, contingent on Blackbaud achieving performance goals for the period ended December 31, 2025. This Form 4/A amends a prior filing that had inadvertently omitted these earned PRSUs.
BLACKBAUD INC (BLKB) reports that EVP and Chief Operating Officer Kevin P. Gregoire acquired 10,590 shares of Common Stock on February 19, 2026 through the vesting of performance restricted stock units (PRSUs), with no cash price per share. Following this award, he directly holds 156,775 shares of Blackbaud common stock.
The footnote explains that these PRSUs were granted on February 19, 2025 and are scheduled to vest in three equal annual installments beginning on February 19, 2026, contingent on the company achieving specified performance goals for the period ended December 31, 2025. No Rule 10b5-1 trading plan is reported for this transaction.
BLACKBAUD INC (BLKB) reports that President and CEO Michael P. Gianoni acquired 16,291 shares of common stock on February 19, 2026 through the vesting of performance restricted stock units. This amendment corrects an earlier Form 4 that omitted these PRSUs. Following this award, he directly holds 474,629 shares.
BLACKBAUD INC (BLKB) reports that EVP and Chief Commercial Officer Benjamin David J acquired 8,472 shares of common stock on February 19, 2026 through a grant/award at a stated price of $0.00 per share, bringing his directly held stake to 103,285 shares immediately after the transaction.
The shares reflect performance restricted stock units (PRSUs) from an award granted on February 19, 2025 that began vesting in three equal annual installments on February 19, 2026, based on Blackbaud achieving performance goals for the period ended December 31, 2025. The amendment corrects an earlier Form 4 that omitted these earned PRSUs, and no Rule 10b5-1 trading plan is reported.
BLACKBAUD INC (BLKB) reports that Executive VP and CFO Chad Anderson received an equity award of 3,584 shares of Common Stock on February 19, 2026, as a grant/award acquisition tied to performance restricted stock units earned for the period ended December 31, 2025. After this award, he directly holds 76,614 shares. The amendment corrects an earlier Form 4 that had omitted these PRSUs.
BLACKBAUD INC (BLKB) reports that Executive VP and CFO Chad Anderson sold 2,000 shares of Common Stock on September 1, 2026 at $47.56 per share in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan, and he now holds 59,883 shares directly.
BLACKBAUD INC (BLKB) reports that EVP, Chief Commercial Officer David J. Benjamin sold 2,086 shares of common stock on August 31, 2026 in a sale described as an open market or private transaction at $48.27 per share, leaving him with 71,038 directly held shares.
No Rule 10b5-1 trading plan is reported for this transaction.