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Blackbaud BLKB Transactional recurring — Revenue

Other product segments

Recurring
$285.29M+3.5%
Contractual recurring
$186.37M+3.4%
One-time services and other
$5.31M-7.7%

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Other financials

Income statement

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Revenue$290.6M+3.0%
Gross profit$178.2M+5.8%
Operating income$62.0M+8.2%
Net income$35.4M+33.6%
EPS (diluted)$0.79+43.6%

Balance sheet

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Cash & equivalents$881.0M-3.4%
Total debt$1.2B-0.7%
Total equity$67.0M-7.8%
Total assets$2.6B-1.4%

Cash flow

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Operating cash flow$91.1M+36.1%
CapEx$2.4M+293%
Free cash flow$88.6M+33.7%

Valuation

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Market cap$2.1B-33.5%
Enterprise value$2.38B-30.3%
P/E14×
P/S1.8×-0.9×

Profitability

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Gross margin59.6%+2.9pp
Operating margin19.8%+13.0pp
Net margin13.1%+7.9pp
FCF margin28.7%+7.4pp

Returns & leverage

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Return on equity215.6%+168pp
Debt / equity17.3×+1.2×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Blackbaud in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Blackbaud’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001280058-26-000025
(dollars in thousands)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Contractual recurring$186,365$180,128$368,679$355,593
Transactional recurring98,92696,151193,097184,011
Total recurring revenue$285,291$276,279$561,776$539,604
One-time services and other5,3065,7519,96112,362
Total revenue$290,597$282,030$571,737$551,966

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Blackbaud's transactional recurring — revenue?
Blackbaud (BLKB) reported transactional recurring — revenue of $98.93M in Q2 2026.
How has Blackbaud's transactional recurring — revenue changed year-over-year?
Blackbaud's transactional recurring — revenue increased by 3.7% year-over-year, from $95.41M to $98.93M.
What is the long-term trend for Blackbaud's transactional recurring — revenue?
Over 4 years (2021 to 2025), Blackbaud's transactional recurring — revenue has grown at a 8.3% compound annual growth rate (CAGR), from $279.45M to $383.85M.
What does transactional recurring — revenue mean?
This metric represents the revenue generated from software-enabled services where fees are tied to the volume of transactions processed, such as payment processing or donation management. It reflects the company's ability to monetize the financial activity flowing through its platform, serving as a key indicator of customer engagement and ecosystem scale. Growth in this area highlights the firm's success in capturing a share of the financial transactions conducted by its nonprofit and institutional client base.

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