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Blackbaud BLKB State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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Other financials

Income statement

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Revenue$281.1M+4.2%
Gross profit$166.6M+7.4%
Operating income$51.4M+161%
Net income$31.1M+620%
EPS (diluted)$0.67+644%

Balance sheet

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Cash & equivalents$452.8M-0.8%
Total debt$1.2B-1.2%
Total equity$34.6M+97.7%
Total assets$2.1B+0.3%

Cash flow

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Operating cash flow$51.5M+3,607%
CapEx$1.7M+142%
Free cash flow$49.8M+7,013%

Valuation

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Market cap$1.27B-59.1%
Enterprise value$2.01B-47.5%
P/E8.9×
P/S1.1×-1.6×

Profitability

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Gross margin59.2%+3.7pp
Operating margin19.5%+12.7pp
Net margin12.4%+7.4pp
FCF margin26.9%+7.3pp

Returns & leverage

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Return on equity545%+467pp
Debt / equity34.6×-34.6×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Blackbaud in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Blackbaud’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blackbaud's state income taxes – net of federal income tax benefit?
Blackbaud (BLKB) reported state income taxes – net of federal income tax benefit of -0.5% in Q4 2025.
How has Blackbaud's state income taxes – net of federal income tax benefit changed year-over-year?
Blackbaud's state income taxes – net of federal income tax benefit decreased by 266.7% year-over-year, from 0.3% to -0.5%.
What does state income taxes – net of federal income tax benefit mean?
Measures the net impact of state and local income taxes on the effective tax rate, adjusted for the federal tax benefit derived from deducting these state-level payments. This metric provides a clearer view of the actual incremental tax cost incurred due to state-level operations. It is essential for assessing the tax implications of the company's physical presence across different jurisdictions.