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.

TypePublic
Founded1981
HQCharleston, US
Websiteblackbaud.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)3,611(+8%)
Revenue (FY, 2019)$900.4 M(+7%)
Share Price (Jul 2020)$58.6
Cybersecurity ratingCMore

Key People/Management at Blackbaud

Michael Gianoni

Michael Gianoni

President and Chief Executive Officer
Anthony Boor

Anthony Boor

Chief Financial Officer, and Executive Vice President of Finance and Administration
Kevin McDearis

Kevin McDearis

Executive Vice President and Chief Products Officer
Mary Beth Westmoreland

Mary Beth Westmoreland

Chief Technology Officer
Catherine LaCour

Catherine LaCour

Chief Marketing Officer
David Benjamin

David Benjamin

Executive Vice President, and President of International Markets Group
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Blackbaud Office Locations

Blackbaud has offices in Charleston, Austin, Bedford, New York and in 6 other locations
Charleston, US (HQ)
65 Fairchild St
Austin, US
11501 Domain Dr #200Austin
Bedford, US
6 Bedford Farms Dr
Charleston, US
2000 Daniel Island Dr
New York, US
500 7th Ave
Plano, US
6111 W Plano Pkwy #1000YC
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Blackbaud Financials and Metrics

Blackbaud Revenue

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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 (Q1, 2020)

223.6m

Gross profit (Q1, 2020)

118.8m

Gross profit margin (Q1, 2020), %

53.1%

Net income (Q1, 2020)

4.6m

EBIT (Q1, 2020)

8.4m

Market capitalization (3-Jul-2020)

2.9b

Closing stock price (3-Jul-2020)

58.6

Cash (31-Mar-2020)

25.0m

EV

3.5b
Blackbaud's current market capitalization is $2.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

730.8m788.3m848.6m900.4m

Revenue growth, %

15%8%8%6%

Cost of goods sold

339.2m361.9m381.7m418.4m

Gross profit

391.6m426.4m466.9m482.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

183.6m192.2m195.5m204.2m213.7m209.5m215.8m225.6m221.1m223.6m

Cost of goods sold

85.5m87.0m87.0m88.0m95.2m95.2m99.3m100.8m101.8m104.9m

Gross profit

98.1m105.2m108.5m116.1m118.5m114.3m116.5m124.8m119.3m118.8m

Gross profit Margin, %

53%55%55%57%55%55%54%55%54%53%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

16.9m29.8m30.9m31.8m

Accounts Receivable

88.9m610.3m86.6m88.9m

Prepaid Expenses

48.3m56.1m59.8m67.9m

Current Assets

507.9m794.1m598.0m734.5m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

41.5m65.9m44.8m11.9m

Depreciation and Amortization

70.5m73.9m79.6m85.7m

Accounts Payable

3.7m1.0m9.5m12.9m

Cash From Operating Activities

153.6m176.3m201.4m182.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

11.5m22.7m35.2m17.8m24.3m35.5m(1.1m)6.0m10.6m4.6m

Depreciation and Amortization

18.1m36.5m54.8m19.8m39.8m60.0m21.7m43.1m64.0m21.8m

Accounts Payable

(1.3m)(4.0m)(2.9m)(1.7m)6.3m(134.0k)(3.6m)216.0k(74.0k)(4.0m)

Cash From Operating Activities

12.8m54.6m123.4m11.8m66.4m137.8m(10.0m)45.1m122.1m(24.5m)
USDFY, 2016

Revenue/Employee

231.6k

Debt/Equity

1.4 x

Debt/Assets

0.3 x

Financial Leverage

5.3 x
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Blackbaud Operating Metrics

Blackbaud's Customers was reported to be 45 k in FY, 2018.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018

Customers

30 k30 k30 k30 k30 k30 k30 k35 k35 k35 k35 k35 k35 k35 k35 k40 k40 k40 k40 k45 k

Countries

60 60 60 50 60

Patent Applications

3 3 3 3 2

Patents Issued

2 2 3 3 3
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Blackbaud Acquisitions / Subsidiaries

Company NameDateDeal Size
YourCauseJanuary 03, 2019$157 m
ReeherMay 01, 2018
JustGivingJune 26, 2017£95 m
AcademicWorksApril 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.
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Blackbaud Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Blackbaud Revenue Breakdown

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Blackbaud revenue breakdown by geographic segment: 14.3% from Other Countries and 85.7% from United States

Blackbaud Online and Social Media Presence

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Blackbaud News and Updates

Blackbaud Launches Innovation Partnership with Chief Executives for Corporate Purpose

CHARLESTON, S.C., Feb. 20, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announces a new Innovation Partnership with Chief Executives for Corporate Purpose (CECP) to support companies' corporate social responsibility...

Blackbaud Releases Second Annual Social Responsibility Report

CHARLESTON, S.C., Oct. 24, 2019 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today released its second annual Social Responsibility Report, which provides an in-depth look at the company's global social responsibility,...

Blackbaud CEO Michael "Mike" Gianoni Named One of the Top 50 SaaS CEOs

CHARLESTON, S.C., Aug. 6, 2019 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced that Michael "Mike" Gianoni, Blackbaud's president and CEO, has been named to the list of Top 50 SaaS CEOs by The Software Report....

Blackbaud Announces 2019 Second Quarter Results

CHARLESTON, S.C., July 30, 2019 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its second quarter ended June 30, 2019. "This year marks our 15th year as a Nasdaq listed public company, which...

Blackbaud Announces Date of Second Quarter 2019 Financial Results

CHARLESTON, S.C., July 16, 2019 /PRNewswire/ -- Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, will report its second quarter 2019 financial results on Tuesday, July 30 after the U.S. financial markets close for trading. Save Blackbaud's...

Blackbaud Named One of America's Best Midsize Employers by Forbes

CHARLESTON, S.C., April 17, 2019 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced that it has been named one of America's Best Midsize Employers by Forbes for the fourth consecutive year in the IT, Internet,...
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Blackbaud Blogs

How Changes to the U.S. Paycheck Protection Program Affect Nonprofit Organizations

Changes in Store for the Paycheck Protection Program: H.R. 7010, Paycheck Protection Program Flexibility Act, Signed into Law   On …

Tips for Maintaining Successful Scholarship Programs While Planning for an Unpredictable Fall 2020 Semester

4 Key Areas Financial Aid and Scholarship Leaders Should Consider When Planning for an Unpredictable Fall Semester A lot has …

The sgENGAGE Podcast Episode 150: Livestream Fundraising 101

Livestream fundraising – you’ve probably heard the term, but do you really understand how your social good organization can leverage …

Blackbaud Customers Around the World Rely on Technology to Support COVID-19 Research and Innovation

Higher education and healthcare institutions turn to Blackbaud solutions to power fundraisers for COVID-19 vaccines, lifesaving equipment CHARLESTON, S.C. , June 4, 2020 /PRNewswire/ --  Blackbaud  (NASDAQ: BLKB), the world's leading cloud software company powering social good, is supporting key

Virtual Engagement Strategies to Keep Employees Connected

It’s been roughly two months since most of us have last been in an office, but thanks to video meeting …

Raising Money for Universities during COVID-19

Tim Hill, Strategic Advisor for Blackbaud Higher Education Solutions, recently appeared on the Changing Higher Ed podcast hosted by Drumm …
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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 UNIT4, Ellucian and Epicor Software.

  • 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.