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, US | Map |
| Website | blackbaud.com | |
| Employee Ratings | More |
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
Mary Beth Westmoreland
Chief Technology Officer
Catherine LaCour
Chief Marketing 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, 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
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 (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
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 183.6m | 192.2m | 195.5m | 204.2m | 213.7m | 209.5m | 215.8m | 225.6m | 221.1m | 223.6m |
Cost of goods sold | 85.5m | 87.0m | 87.0m | 88.0m | 95.2m | 95.2m | 99.3m | 100.8m | 101.8m | 104.9m |
Gross profit | 98.1m | 105.2m | 108.5m | 116.1m | 118.5m | 114.3m | 116.5m | 124.8m | 119.3m | 118.8m |
Gross profit Margin, % | 53% | 55% | 55% | 57% | 55% | 55% | 54% | 55% | 54% | 53% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 13.9m | 17.3m | 17.1m | 25.0m | 29.2m | 25.4m | 25.2m | 32.7m | 29.1m | 25.0m |
Accounts Receivable | 90.5m | 129.9m | 100.9m | 88.9m | 130.5m | 95.9m | 90.7m | 131.3m | 90.7m | 89.2m |
Prepaid Expenses | 49.2m | 51.3m | 50.1m | 68.5m | 75.8m | 68.8m | 73.1m | 76.7m | 75.3m | 81.0m |
Current Assets | 318.3m | 487.7m | 307.1m | 359.6m | 536.5m | 375.3m | 413.9m | 600.1m | 445.9m | 428.6m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 11.5m | 22.7m | 35.2m | 17.8m | 24.3m | 35.5m | (1.1m) | 6.0m | 10.6m | 4.6m |
Depreciation and Amortization | 18.1m | 36.5m | 54.8m | 19.8m | 39.8m | 60.0m | 21.7m | 43.1m | 64.0m | 21.8m |
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 | 12.8m | 54.6m | 123.4m | 11.8m | 66.4m | 137.8m | (10.0m) | 45.1m | 122.1m | (24.5m) |
| 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, 2018.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Countries | 60 | 60 | 60 | 50 | 60 | |||||||||||||||
Patent Applications | 3 | 3 | 3 | 3 | 2 | |||||||||||||||
Patents Issued | 2 | 2 | 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 Cybersecurity Score
Blackbaud Revenue Breakdown
Blackbaud revenue breakdown by geographic segment: 14.3% from Other Countries and 85.7% from United States
Blackbaud Online and Social Media Presence
36.96k Twitter followers
Blackbaud has 36.96k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.4% quarter over quarter
Blackbaud's Trends
Twitter Engagement Stats for @blackbaud
20.2k
Tweets
21.7k
Following
37k
Followers
76
Tweets last 30 days
3.1
Avg. likes per Tweet
86.8%
Tweets with engagement
Blackbaud News and Updates
February 20, 2020
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...
October 24, 2019
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,...
August 06, 2019
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....
July 30, 2019
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...
July 16, 2019
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...
April 17, 2019
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,...
Blackbaud Blogs
June 09, 2020
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 …
June 05, 2020
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 …
June 04, 2020
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 …
June 04, 2020
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
May 29, 2020
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 …
May 29, 2020
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 …
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.
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