Blackbaud, Inc.

BLKB Technology Software Application

Blackbaud, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, down 2.27% from fiscal 2024.

Revenue
+4.09%
EPS
+4.07%
Free cash flow
+2.26%
Total debt
−1.86%

Quarter to September 2026, against a year earlier

55.89 0.17 −0.30%
Market cap
$2.5B
P/E
17.0×
Fwd P/E
15.3×
Dividend yield
—
F-score
8/9
Altman Z
1.40
Beneish M
−2.84
Dividend safety
n/a

Blackbaud, Inc. (BLKB) Debt to equity

Alert me on Debt to equity

Blackbaud, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 8.7×, down 4.3× from fiscal 2025 (13.0×). Over the past ten years it has ranged from 1.0× (fiscal 2023) to 13.0× (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 13.0× 53.94%
FY2024 8.5× 779.08%
FY2023 1.0× (16.50%)
FY2022 1.2× (13.42%)
FY2021 1.3× 7.01%
FY2020 1.2× 5.84%
FY2019 1.2× 13.67%
FY2018 1.0× (20.52%)
FY2017 1.3× (5.79%)
FY2016 1.4× (28.62%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 8.7× (49.03%)
Jun 2026 17.2× (50.03%)
Mar 2026 34.3× 163.15%
Dec 2025 13.0× 32.59%
43 more quarters

Against its own ten years

Low 1.0× High 13.0×
Ten-year median 1.3×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
GRND Grindr Inc. compare −32.9×
AMPL Amplitude, Inc. compare 0.0×
PLUS ePlus inc. compare 0.0×
ASAN Asana, Inc. compare 0.0×
BULL Webull Corporation compare 0.1×
NCNO nCino Inc. compare 0.4×
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare 0.8×
VERX Vertex, Inc. compare 1.9×
BLKB Blackbaud, Inc. 8.7×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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