OverviewSuggest Edit
Blackbaud is a company developing cloud software for nonprofits, foundations, companies, education institutions, healthcare organizations, and individual change agents. It offers products for fundraising, website management, CRM, analytics, financial management, ticketing, and education administration. Its flagship product is Raiser's Edge, a fundraising SQL database software suite. Other products and services include Blackbaud Enterprise CRM, Financial Edge, Education Edge, Blackbaud NetCommunity, eTapestry, Luminate Online, Luminate CRM, Friends Asking Friends, Altru museum management software, and Target Analytics.
| Type | Public | |
| Founded | 1981 | |
| HQ | Charleston, SC, US | Map |
| Website | blackbaud.com | |
| Employee Ratings | More | |
| Overall Culture | C | More |
Recent NewsAll News
- Blackbaud Celebrates GivingTuesday with Stories of Rethinking Change
- Blackbaud Stock Can See 20% Upside
- An in-depth SWOT analysis on Corporate Social Responsibility (CSR) Software Market 2020-2027 major key companies profiled like Alaya, Benevity, Inc, Blackbaud, Inc., CSRware, Inc., DonationXchange, EcoVadis, GivePulse, Inc., Goodera, KindLink Ltd., Salesf
- Blackbaud Announces Update Regarding Third Quarter 2020 Earnings Call
Key People/Management at Blackbaud
Michael Gianoni
President and Chief Executive Officer
Anthony Boor
Chief Financial Officer, and Executive Vice President of Finance and Administration
Kevin McDearis
Executive Vice President and Chief Products Officer
Catherine LaCour
Chief Marketing Officer
Todd Lant
Chief Information Officer
David Benjamin
Executive Vice President, and President of International Markets Group
Blackbaud Office Locations
Blackbaud has offices in Charleston, Austin, Bedford, New York and in 6 other locations
Charleston, SC, US (HQ)
65 Fairchild St
Austin, TX, US
11501 Domain Dr #200Austin
Bedford, NH, US
6 Bedford Farms Dr
Charleston, SC, US
2000 Daniel Island Dr
New York, NY, US
500 7th Ave
Plano, TX, US
6111 W Plano Pkwy #1000YC
Blackbaud Financials and Metrics
Blackbaud Revenue
Blackbaud's revenue was reported to be $900.42 m in FY, 2019 which is a 6.1% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 200.1m |
Gross profit (Q3, 2020) | 115.9m |
Gross profit margin (Q3, 2020), % | 57.9% |
Market capitalization (13-Jan-2021) | 3.1b |
Closing stock price (13-Jan-2021) | 61.6 |
Cash (30-Sept-2020) | 30.6m |
EV | 3.6b |
Blackbaud's current market capitalization is $3.1 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 183.6m | 192.2m | 195.5m | 204.2m | 213.7m | 209.5m | 215.8m | 225.6m | 221.1m | 223.6m | 232.0m | 200.1m |
Cost of goods sold | 85.5m | 87.0m | 87.0m | 88.0m | 95.2m | 95.2m | 99.3m | 100.8m | 101.8m | 104.9m | 104.9m | 84.3m |
Gross profit | 98.1m | 105.2m | 108.5m | 116.1m | 118.5m | 114.3m | 116.5m | 124.8m | 119.3m | 118.8m | 127.1m | 115.9m |
Gross profit Margin, % | 53% | 55% | 55% | 57% | 55% | 55% | 54% | 55% | 54% | 53% | 55% | 58% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 13.9m | 17.3m | 17.1m | 25.0m | 29.2m | 25.4m | 25.2m | 32.7m | 29.1m | 25.0m | 30.5m | 30.6m |
Accounts Receivable | 90.5m | 129.9m | 100.9m | 88.9m | 130.5m | 95.9m | 90.7m | 131.3m | 90.7m | 89.2m | 129.7m | 96.8m |
Prepaid Expenses | 49.2m | 51.3m | 50.1m | 68.5m | 75.8m | 68.8m | 73.1m | 76.7m | 75.3m | 81.0m | 83.7m | 76.8m |
Current Assets | 318.3m | 487.7m | 307.1m | 359.6m | 536.5m | 375.3m | 413.9m | 600.1m | 445.9m | 428.6m | 667.1m | 412.7m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 11.5m | 22.7m | 35.2m | 17.8m | 24.3m | 35.5m | (1.1m) | 6.0m | 10.6m | 4.6m | 16.5m | 21.3m |
Depreciation and Amortization | 18.1m | 36.5m | 54.8m | 19.8m | 39.8m | 60.0m | 21.7m | 43.1m | 64.0m | 21.8m | 46.1m | 68.8m |
Accounts Payable | (1.3m) | (4.0m) | (2.9m) | (1.7m) | 6.3m | (134.0k) | (3.6m) | 216.0k | (74.0k) | (4.0m) | (9.0m) | (17.2m) |
Cash From Operating Activities | 12.8m | 54.6m | 123.4m | 11.8m | 66.4m | 137.8m | (10.0m) | 45.1m | 122.1m | (24.5m) | 37.5m | 109.2m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 231.6k |
Debt/Equity | 1.4 x |
Debt/Assets | 0.3 x |
Financial Leverage | 5.3 x |
Blackbaud Operating Metrics
Blackbaud's Customers was reported to be 45 k in FY, 2019.
| Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 30 k | 30 k | 30 k | 30 k | 30 k | 30 k | 30 k | 35 k | 35 k | 35 k | 35 k | 35 k | 35 k | 35 k | 35 k | 40 k | 40 k | 40 k | 40 k | 45 k | 45 k |
Countries | 60 | 60 | 60 | 50 | 60 | 60 | |||||||||||||||
Patent Applications | 3 | 3 | 3 | 3 | 2 | 2 | |||||||||||||||
Patents Issued | 2 | 2 | 3 | 3 | 3 | 3 |
Blackbaud Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| YourCause | January 03, 2019 | $157 m |
| Reeher | May 01, 2018 | |
| JustGiving | June 26, 2017 | £95 m |
| AcademicWorks | April 03, 2017 | |
| ACN 161 644 328 Pty. Ltd. | ||
| Blackbaud Asia, Ltd. | ||
| Blackbaud Canada, Inc. | ||
| Blackbaud Europe Ltd. | ||
| Blackbaud Global Ltd. | ||
| Blackbaud Latin America, S.R.L. |
Blackbaud Revenue Breakdown
Blackbaud revenue breakdown by geographic segment: 13.9% from Other Countries and 86.1% from United States
Blackbaud Cybersecurity Score
Blackbaud Environment, Social & Governance (ESG) Ratings
Blackbaud Online and Social Media Presence
36.76k Twitter followers
Blackbaud has 36.76k Twitter Followers. The number of followers has decreased 0.5% month over month and decreased 0.6% quarter over quarter
Blackbaud's Trends
Twitter Engagement Stats for @blackbaud
20.8k
Tweets
21.6k
Following
36.8k
Followers
56
Tweets last 30 days
2.2
Avg. likes per Tweet
89.3%
Tweets with engagement
Blackbaud Company Culture
Overall Culture
C
64/100
CEO Rating
C+
69/100
Compensation
C+
67/100
Diversity
C-
59/100
Blackbaud News and Updates
November 30, 2020
Blackbaud Celebrates GivingTuesday with Stories of Rethinking Change
CHARLESTON, S.C., Nov. 30, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, tomorrow will celebrate the ninth annual global giving holiday, GivingTuesday, virtually ringing the opening bell at Nasdaq and amplifying stories of...
November 18, 2020
Blackbaud Stock Can See 20% Upside
We believe that Blackbaud’s stock still has more than 20% upside once the fear around the pandemic subsides. Blackbaud, a cloud computing provider, saw its stock lose around 33% in value so far this year. It traded at a pre-Covid high of $80 in January, and is still below that level...
November 03, 2020
An in-depth SWOT analysis on Corporate Social Responsibility (CSR) Software Market 2020-2027 major key companies profiled like Alaya, Benevity, Inc, Blackbaud, Inc., CSRware, Inc., DonationXchange, EcoVadis, GivePulse, Inc., Goodera, KindLink Ltd., Salesf
The Corporate Social Responsibility (CSR) Software Industry report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Corporate Social Responsibility (CSR) Software Market analysis is provided for the international market in…
October 29, 2020
Blackbaud Announces Update Regarding Third Quarter 2020 Earnings Call
CHARLESTON, S.C., Oct. 29, 2020 /PRNewswire/ -- Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, announced today that the company was unable to hold its conference call to discuss third quarter results at the originally scheduled time due to...
October 23, 2020
Blackbaud Helps Social Good Organizations Extend Reach and Impact by Going Virtual with Blackbaud Peer-to-Peer Fundraising™, powered by JustGiving®
CHARLESTON, S.C., Oct. 23, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced the ability to include a livestream on a fundraising page with Blackbaud Peer-to-Peer Fundraising, powered by JustGiving. The...
September 15, 2020
Devereux Foundation Notice of Blackbaud Data Event
VILLANOVA, Pa., Sept. 14, 2020 /PRNewswire/ -- On Thursday, July 16, 2020, Blackbaud, Inc., a cloud computing provider that offers customer relationship management tools to nonprofit organizations, reported that, in May 2020, it experienced a ransomware incident that resulted in...
Blackbaud Blogs
January 15, 2021
4 Ways to Further Your Nonprofit Career with Continued Learning
Have you heard the expression, “You learn something new every day?” It’s true. And if you don’t feel that it’s …
January 14, 2021
The sgENGAGE Podcast Episode 179: Exploring Employee Relief Funds
Employees are a business’s most valuable asset, which is why more companies are starting to implement employee relief programs to …
January 13, 2021
Nonprofit Web Design: 3 Common Challenges & Solutions
Nonprofit fundraising and development is hard work, especially amid all of the challenges that have been thrown our way over …
January 13, 2021
New Year, New Format for In-Person Peer-to-Peer Events (With Examples!)
As the calendar changed, so too did the outlook of many hopeful people, eager for the changes this year may …
January 12, 2021
Five Ways to Promote Wellness in Your Organization this New Year
Corporate social responsibility has taken on a completely new look since we all started staying the social six feet apart …
January 12, 2021
Converting Emotional Donors to Monthly Donors
Ah, the new donor. A relationship rife with possibility. You’ve spent a lot of time and resources getting them to …
Blackbaud Frequently Asked Questions
When was Blackbaud founded?
Blackbaud was founded in 1981.
Who are Blackbaud key executives?
Blackbaud's key executives are Michael Gianoni, Anthony Boor and Kevin McDearis.
How many employees does Blackbaud have?
Blackbaud has 3,611 employees.
What is Blackbaud revenue?
Latest Blackbaud annual revenue is $900.4 m.
What is Blackbaud revenue per employee?
Latest Blackbaud revenue per employee is $249.4 k.
Who are Blackbaud competitors?
Competitors of Blackbaud include CyberGrants, Benevity and Mercuries Data Systems.
Where is Blackbaud headquarters?
Blackbaud headquarters is located at 65 Fairchild St, Charleston.
Where are Blackbaud offices?
Blackbaud has offices in Charleston, Austin, Bedford, New York and in 6 other locations.
How many offices does Blackbaud have?
Blackbaud has 11 offices.
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