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Blackbaud BLKB Total Cost of Revenue

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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$2.08B-30.0%
Enterprise value$2.36B-27.0%
P/E13.8×
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:CostOfGoodsAndServicesSold.

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, except per share amounts)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Revenue$290,597$282,030$571,737$551,966
Cost of revenue112,434113,633227,015228,448
Gross profit178,163168,397344,722323,518
Operating expenses
Sales, marketing and customer success46,25644,04693,60588,690
Research and development34,85633,59571,77267,154
General and administrative34,44932,85664,71089,535
Amortization of intangible assets5865661,1741,100

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Blackbaud's total cost of revenue?
Blackbaud (BLKB) reported total cost of revenue of $112.43M in Q2 2026.
How has Blackbaud's total cost of revenue changed year-over-year?
Blackbaud's total cost of revenue decreased by 1.1% year-over-year, from $113.63M to $112.43M.
What is the long-term trend for Blackbaud's total cost of revenue?
Over 4 years (2021 to 2025), Blackbaud's total cost of revenue has grown at a 1.2% compound annual growth rate (CAGR), from $443.2M to $465.07M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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