Skip to content

Blackbaud BLKB Q2 2024 earnings

Reported July 30, 2024 · After market close

Revenue$287.3MMiss by $2.1M
EPS$1.08Beat by $0.04
Revenue estimate$289.4M
EPS estimate$1.04

Next report

Date not yet announced

Financials

Q2 2024

Income statement

See full
Revenue$287.3M+6.0%
Gross profit$162.6M+8.7%
Operating income$42.1M+14,217%
Net income$21.8M+936%
EPS (diluted)$0.42+950%

Balance sheet

See full
Cash & equivalents$831.1M+5.2%
Total debt$1.1B+18.5%
Total equity$577.3M-24.2%
Total assets$3.0B-1.6%

Cash flow

See full
Operating cash flow$53.8M+1.2%
CapEx$5.9M+314%
Free cash flow$48.0M-7.4%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$3.93B+2.6%
Enterprise value$4.16B+5.7%
P/E94.8×
P/S3.5×-0.1×

Profitability

See full
Gross margin55.4%+2.2pp
Operating margin9.4%+7.6pp
Net margin3.6%+2.4pp
FCF margin21%+3.2pp

Returns & leverage

See full
Return on equity6.2%+4.2pp
Debt / equity1.8×+0.7×
Current ratio0.8×0.0×

Segments

By product

See full
Recurring$281.4M+7.2%
Contractual recurring$193.5M+6.8%
Transactional recurring$87.8M+8.2%

Versus estimates

Ask the moment Blackbaud reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Blackbaud report Q2 2024 earnings?
Blackbaud (BLKB) reported Q2 2024 earnings on July 30, 2024 after market close.
What were Blackbaud's Q2 2024 revenue and EPS?
Blackbaud reported revenue of $287.3M and eps of $1.08 for Q2 2024.
Did Blackbaud beat estimates in Q2 2024?
Revenue missed the consensus estimate of $289.4M by $2.1M. EPS beat the consensus estimate of $1.04 by $0.04.
Where can I find Blackbaud's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001280058-24-000057) directly on SEC EDGAR. The filing index links above go to sec.gov.