Blackbaud Inc

BLKB: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Blackbaud Earnings: Another Good Quarter Driven by Transactional Strength

Dan Romanoff

Jul 30, 2025

Blackbaud reported second-quarter results that included adjusted revenue growth of 6.8% to $281.4 million and non-GAAP operating margin of 33.5%. The firm does not provide quarterly guidance, so results can diverge from expectations. Management raised its full-year guidance slightly.

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Blackbaud Inc

Blackbaud Earnings: Another Good Quarter Driven by Transactional Strength

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