Brian Peterson

Kirk Materne

Matthew Kikkert

Robert Oliver

Rob Oliver

S. Kirk Materne

Koji Ikeda

Parker Lane

J. Parker Lane

Matthew VanVliet

- Blackbaud reported strong Q3 2025 financial results, with **revenue of $281 million**, representing **5.2% organic growth** year-over-year, and **non-GAAP diluted earnings per share of $1.10**, an **11% increase** year-over-year.  **[0001280058_2213348_1]** **[0001280058_2213348_3]** 
- The company achieved an **adjusted EBITDA margin of 35.4%**, up **200 basis points** year-over-year, and generated **$125 million in free cash flow**, marking a **28% increase** from the prior year.  **[0001280058_2213348_1]** **[0001280058_2213348_3]** 
- Blackbaud **increased its adjusted free cash flow guidance for 2025** to a range of **$195 million to $205 million**, primarily due to anticipated cash tax savings.  **[0001280058_2213348_4]** 
- The company also **increased its stock repurchase target for 2025 to 7%** and repurchased approximately **460,000 shares** in Q3, bringing the year-to-date total to nearly **2 million shares** through Q3 2025.  **[0001280058_2213348_2]** **[0001280058_2213348_3]** 
- Blackbaud is focusing on innovation, having unveiled **70+ AI enhancements** and launched its new **Agents for Good** suite, with monetization of the first agent expected to begin in Q4 2025.  **[0001280058_2213348_2]** **[0001280058_2213348_6]**

Blackbaud Reports Strong Q3 2025 Results, Raises Free Cash Flow Guidance, and Boosts Share Repurchase Target

- Blackbaud reported **5.2% Non-GAAP Organic Revenue Growth** and **11% Non-GAAP Diluted EPS growth** for Q3 2025, achieving a **35.4% Non-GAAP Adjusted EBITDA Margin**.  **[0001280058_2210727:21]** 
- The company increased its **2025 total company guidance**, with Total Revenue now projected between **$1,120M - $1,130M**, Adjusted EBITDA Margin between **35.4% - 36.2%**, Diluted EPS between **$4.30 - $4.50**, and Adjusted Free Cash Flow between **$195M - $205M**.  **[0001280058_2210727:22]** 
- Blackbaud has significantly reduced common stock outstanding, repurchasing **16%** on a gross basis and **10%** on a net basis since the beginning of 2024, with **$514 million** remaining under its $800 million authorization as of September 30, 2025.  **[0001280058_2210727:23]** 
- The company has a long-term goal to achieve the **Rule of 45 by FY2030**, building on a **41%** guidance midpoint for FY25, driven by consistent mid-single digit organic revenue growth and margin expansion.  **[0001280058_2210727:22]**

Blackbaud Reports Q3 2025 Results and Updates 2025 Guidance

- Blackbaud reported strong **Q3 2025 financial results**, with revenue of **$281 million**, representing **5.2% organic growth** year-over-year, an adjusted EBITDA margin of **35.4%**, and non-GAAP diluted earnings per share of **$1.10**, an **11% increase** year-over-year.  **[0001280058_2213325_1]** **[0001280058_2213325_3]** 
- The company generated particularly strong **free cash flow of $125 million** in Q3 2025, marking a **28% increase** from the previous year.  **[0001280058_2213325_1]** **[0001280058_2213325_3]** 
- For the full year 2025, Blackbaud **reiterated its revenue and EPS guidance** but **increased its adjusted free cash flow guidance** to a range of **$195 million to $205 million**, primarily due to anticipated cash tax savings.  **[0001280058_2213325_4]** 
- Blackbaud is heavily focused on **innovation in AI**, having unveiled over 70 planned or available AI enhancements and launched a new agentic AI suite called "Agents for Good," with the first agent expected to be monetized starting in Q4 2025.  **[0001280058_2213325_2]** **[0001280058_2213325_7]** 
- The company continues to prioritize **stock repurchases**, having bought back approximately **460,000 shares** in Q3 2025, bringing the year-to-date total to nearly **2 million shares**, and has increased its 2025 repurchase target to **7%** of outstanding stock.  **[0001280058_2213325_2]** **[0001280058_2213325_3]**

Blackbaud Reports Strong Q3 2025 Results and Raises Free Cash Flow Guidance

- Blackbaud reported strong Q3 2025 results, with **revenue of $281 million**, representing **5.2% organic growth** year-over-year, an **adjusted EBITDA margin of 35.4%**, and **non-GAAP diluted earnings per share of $1.10**, up 11% year-over-year.  **[0001280058_2211136_1]** **[0001280058_2211136_3]** 
- The company generated **$125 million in free cash flow** in Q3 2025, marking a **28% increase** year-over-year.  **[0001280058_2211136_1]** **[0001280058_2211136_3]** 
- Blackbaud **increased its full-year 2025 adjusted free cash flow guidance** to a range of **$195 million to $205 million**, primarily due to anticipated cash tax savings.  **[0001280058_2211136_4]** 
- The company is focused on innovation, including the launch of its **Agentic AI suite, "Agents for Good"**, with monetization beginning this quarter.  **[0001280058_2211136_2]** **[0001280058_2211136_7]**  Additionally, Blackbaud **increased its stock repurchase target to 7%** for 2025, having repurchased approximately **2 million shares year-to-date** through Q3.  **[0001280058_2211136_2]** **[0001280058_2211136_3]**

- Blackbaud reported **Q3 2025 GAAP total revenue of $281.1 million**, a 1.9% decrease, while **non-GAAP organic revenue increased 5.2%**.  **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:0]**  **GAAP diluted earnings per share was $0.98**, and **non-GAAP diluted earnings per share was $1.10**.  **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:0]** 
- For Q3 2025, the company generated **$139.2 million in GAAP net cash provided by operating activities** and **$125.1 million in non-GAAP adjusted free cash flow**.  **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:0]** 
- Blackbaud **reiterated its 2025 full-year financial guidance for revenue, adjusted EBITDA margin, and earnings per share**, and **raised guidance for non-GAAP adjusted free cash flow to $195 million to $205 million**.  **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:1]** 
- The company reduced its leverage ratio from 2.9x in Q1 to **2.4x** in Q3 2025 and had approximately **$514 million remaining under its common stock repurchase program** as of September 30, 2025.  **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:0]** **[1280058_0001280058-25-000048_blkbq32025exhibit991.htm:1]**

Blackbaud Announces Q3 2025 Results and Raises Full-Year Adjusted Free Cash Flow Guidance

- Blackbaud reported **GAAP total revenue of $281.1 million** for the third quarter ended September 30, 2025, a **1.9% decrease** year-over-year, primarily due to the divestiture of EVERFI, while **non-GAAP organic revenue increased 5.2%**.  **[1280058_20251029CL09905:0]** 
- For Q3 2025, **GAAP net income was $47.5 million** with **diluted earnings per share of $0.98**, and **non-GAAP diluted earnings per share was $1.10**.  **[1280058_20251029CL09905:0]**  The company also achieved **non-GAAP adjusted EBITDA of $99.7 million**, with a **35.4% margin**.  **[1280058_20251029CL09905:0]** 
- The company reiterated its 2025 full-year financial guidance for GAAP revenue (**$1.120 billion to $1.130 billion**), non-GAAP adjusted EBITDA margin (**35.4% to 36.2%**), and non-GAAP diluted earnings per share (**$4.30 to $4.50**), and **raised guidance for non-GAAP adjusted free cash flow to $195 million to $205 million**.  **[1280058_20251029CL09905:1]** 
- As of September 30, 2025, Blackbaud had approximately **$514 million remaining** under its common stock repurchase program and reduced its leverage ratio from 2.9x in Q1 to **2.4x in Q3**.  **[1280058_20251029CL09905:0]** **[1280058_20251029CL09905:1]**

Blackbaud Announces Third Quarter 2025 Results

- **Blackbaud (BLKB)** announced a **massive array of new embedded AI capabilities** for its product portfolio, including the launch of its new agentic AI suite, **Agents for Good™**, designed to help social impact organizations expand their teams with virtual members.  **[1280058_20251006CL90665:0]** 
- The company is spearheading the **AI Coalition for Social Impact** to eliminate barriers for nonprofits in harnessing responsible AI, which includes a **free AI certification** program.  **[1280058_20251006CL90665:0]** 
- Blackbaud AI will integrate insights across business offices and aims to create an agentic ecosystem that orchestrates agents from both Blackbaud and other providers, building on a **22% increase in third-party marketplace app connections** in the past year.  **[1280058_20251006CL90665:0]** **[1280058_20251006CL90665:1]**

BLACKBAUD (BLKB)