What is Blackbaud's R&D?

Blackbaud (BLKB) reported R&D of $36.92M in Q1 2026.

How has Blackbaud's R&D changed year-over-year?

Blackbaud's R&D increased by 10.0% year-over-year, from $33.56M to $36.92M.

What is the long-term trend for Blackbaud's R&D?

Over 4 years (2021 to 2025), Blackbaud's R&D has grown at a 2.6% compound annual growth rate (CAGR), from $124.57M to $138.13M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Blackbaud BLKB R&D

R&D at other companies

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$705M+6.3%

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$2.61B-1.5%

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$30.56M+18.8%

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$31.3M+6.1%

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-42.0%

Enterprise value$2.01B-33.9%

P/E8.9×—

P/S1.1×-0.8×

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:ResearchAndDevelopmentExpense.

The official record: Blackbaud’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blackbaud's R&D?: Blackbaud (BLKB) reported R&D of $36.92M in Q1 2026.
How has Blackbaud's R&D changed year-over-year?: Blackbaud's R&D increased by 10.0% year-over-year, from $33.56M to $36.92M.
What is the long-term trend for Blackbaud's R&D?: Over 4 years (2021 to 2025), Blackbaud's R&D has grown at a 2.6% compound annual growth rate (CAGR), from $124.57M to $138.13M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.