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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Blackbaud, Inc. (BLKB) trades at a EV/EBITDA of 9.6×. Over the past ten years it has ranged from 0.0× (December 2025) to 58.9× (June 2023); the current reading is higher than 14% of that period. That is below the Software Application industry median of 15.5× and below the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.1× —
FY2024 0.0× —
FY2023 28.9× (31.52%)
FY2022 42.1× 13.30%
FY2021 37.2× 82.83%
FY2020 20.3× (37.33%)
FY2019 32.5× 56.02%
FY2018 20.8× (29.19%)
FY2017 29.4× 38.08%
FY2016 21.3× (29.85%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.6× 49.40%
Jun 2026 5.1× (36.81%)
Mar 2026 8.0× (33.29%)
Dec 2025 12.1× —
43 more quarters

Against its own ten years

Low 0.0× High 58.9×
Ten-year median 28.0×
Current reading's percentile 14

EV/EBITDA against peers

Company EV/EBITDA
AMPL Amplitude, Inc. compare n/m
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare n/m
ASAN Asana, Inc. compare n/m
PLUS ePlus inc. compare 9.0×
BULL Webull Corporation compare 9.2×
BLKB Blackbaud, Inc. 9.6×
GRND Grindr Inc. compare 17.6×
NCNO nCino Inc. compare 24.8×
VERX Vertex, Inc. compare 29.2×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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