Welcome to our dedicated page for BLACKBAUD SEC filings (Ticker: BLKB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 (BLKB) submitted a Form 144 notice listing proposed sales of Common Stock tied to restricted stock unit vesting. The filing itemizes grants that vested on 02/18/2025, 02/21/2025, 02/22/2025, 02/24/2025, and 08/13/2025 with respective share amounts of 215, 2,235, 850, 2,004, and 901. The securities are listed on NASDAQ.
BLACKBAUD INC Executive VP and CFO Chad Anderson reported routine equity compensation activity involving restricted stock and performance restricted stock units. On May 4, 2026, 616 shares of common stock were acquired at no cost upon the vesting of awards tied to the issuer's financial performance for the period ended December 31, 2025.
To cover related tax liabilities, 187 shares and 1,137 shares of common stock were forfeited back to the company at a reference price of $37.54 per share. After these non-market, tax-withholding dispositions and the award vesting, Anderson directly holds 69,074 shares of Blackbaud common stock.
Blackbaud, Inc. reported stronger results for the three months ended March 31, 2026, with revenue of $281.1 million, up 4.2% from $269.9 million a year earlier, led by growth in contractual and transactional recurring revenue. Net income rose sharply to $31.1 million from $4.3 million, and diluted EPS increased to $0.67 from $0.09, as operating margin expanded to 18.3% from 7.3% helped by lower general and administrative costs and prior-year one-time items not repeating.
Non-GAAP income from operations was $83.4 million with a 29.6% margin, and non-GAAP diluted EPS reached $1.14. The company generated $51.5 million of operating cash flow and $37.0 million of free cash flow, while continuing to invest in AI-driven product innovation and cloud development. Blackbaud repurchased 1.6 million shares for $82.1 million, representing about 4.5% of shares outstanding as of December 31, 2025, and had $878.5 million remaining under its stock repurchase program.
Vanguard Portfolio Management reported beneficial ownership of 3,040,952 shares of Blackbaud Inc Common Stock, equal to 6.62% of the class. The filing shows Vanguard Portfolio Management LLC (and specified affiliates) has sole dispositive power over 3,040,952 shares and sole voting power for 29,249 shares. The filing is signed by Ashley Grim on 04/29/2026.
Blackbaud reported solid first quarter 2026 results, combining steady growth with much stronger profitability and cash generation. GAAP revenue reached $281.1 million, up 4.2% year over year, with recurring revenue of $276.5 million representing 98.3% of total revenue.
GAAP income from operations rose to $51.4 million with an 18.3% margin, while non-GAAP operating margin improved to 29.6%. GAAP diluted EPS increased to $0.67, and non-GAAP diluted EPS reached $1.14. Non-GAAP adjusted EBITDA was $98.7 million with a 35.1% margin.
Cash generation strengthened sharply: GAAP operating cash flow was $51.5 million and non-GAAP free cash flow was $37.0 million. The company reaffirmed its 2026 guidance, including GAAP revenue of $1.173–$1.179 billion and non-GAAP free cash flow of $280–$290 million, and highlighted a large remaining share repurchase authorization. Blackbaud also launched its first Agent for Good Development Agent AI solution for social impact customers.
Blackbaud, Inc. is asking stockholders at its June 10, 2026 virtual annual meeting to approve 2025 executive pay on an advisory basis, an amended and restated 2016 equity and incentive plan, and ratification of Ernst & Young LLP as auditor for 2026.
The company highlights 2025 performance, including achieving a Rule of 40 profile of 41.4%, organic recurring revenue of $1,106 million with 5.8% growth, 98.0% of total revenue from recurring sources, and gross dollar retention of 91.8%. It also repurchased about 7.9% of common stock outstanding as of December 31, 2024 and outlines a plan to repurchase 5% to 10% of shares outstanding as of December 31, 2025 in 2026.
The proxy emphasizes a largely independent, skills-diverse Board, strong ESG and cybersecurity oversight, and a pay-for-performance program where at least half of annual executive equity is performance-based. CEO Michael Gianoni’s 2025 total compensation is reported at $6,022,250, with other named executives ranging from about $2.3 million to $3.8 million.
Blackbaud Inc ownership filing: The Vanguard Group filed Amendment No. 18 to a Schedule 13G/A reporting that it beneficially owns 0 shares of Blackbaud Inc common stock, representing 0% of the class. The filing states this reporting follows an internal realignment completed on 01/12/2026 under SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, with a signature date of 03/26/2026. The filing clarifies that certain Vanguard subsidiaries now report their holdings separately and that The Vanguard Group no longer is deemed to beneficially own securities held by those subsidiaries.
Blackbaud Inc. executive Kevin P. Gregoire, EVP and Chief Operating Officer, sold common shares in an open-market transaction. On March 4, 2026, he sold 2,000 shares of Blackbaud common stock at an average price of $50.02 per share. After this sale, he directly owned 135,194 shares of Blackbaud common stock.
Blackbaud Inc. senior vice president and general counsel Jon W. Olson reported open-market sales of the company’s common stock. He sold 10,000 shares on February 27 at a weighted average price of $48.2268 per share and 5,000 shares on March 3 at a weighted average price of $49.1022 per share. After these transactions, he directly owned 35,939 shares of Blackbaud common stock.