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Blackbaud BLKB Goodwill impairment

Goodwill impairment at other companies

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$6.3M

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-30.0%
Enterprise value$2.38B-27.0%
P/E14×
P/S1.8×-0.8×

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:GoodwillImpairmentLoss.

The source filing: Blackbaud’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 5:06 PM EST
Fiscal year
FY2025
Accession
0001280058-26-000006

The quantitative impairment test compares the fair values of identified reporting units with their respective carrying amounts. If the carrying amount of a reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. Based on our current internal reporting structure, we have one operating segment, one reportable segment, and one reporting unit. In each of 2025, 2024 and 2023, we performed the impairment assessment, which indicated that the estimated fair values of the identified reporting units significantly exceeded their respective carrying values. There were no impairments of goodwill during 2025, 2024 and 2023.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Blackbaud's goodwill impairment?
Blackbaud (BLKB) reported goodwill impairment of $0 in Q4 2025.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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