The massive EPS beat and reaffirmed guidance should drive positive price action. However, historical post-earnings moves for BLKB have been weak; watch for profit-taking if the stock gaps up. Monitor the earnings call for commentary on AI agent adoption and any revision to the repurchase pace.
Price Chart
Executive Summary
Blackbaud reported Q1 2026 non-GAAP diluted EPS of $1.14, beating the $0.73 consensus by 56%, on GAAP revenue of $281.1M (+4.2% YoY). The company reaffirmed its full-year 2026 guidance, signaling confidence in its AI-driven growth strategy.
Key Financial Metrics
Key Facts
- GAAP revenue $281.1M, up 4.2% YoY (non-GAAP organic revenue +4.2%)
- Non-GAAP diluted EPS $1.14 vs consensus $0.73 (56% beat)
- GAAP operating margin 18.3%, up 1,100 bps YoY
- Non-GAAP adjusted EBITDA $98.7M, margin 35.1%, up 100 bps
- Reaffirmed FY2026 guidance: revenue $1.173B-$1.179B, non-GAAP EPS $5.15-$5.25
- Operating cash flow $51.5M vs $1.4M YoY; free cash flow $37.0M vs -$12.3M YoY
- $878M remaining under stock repurchase program; expects to repurchase 5-10% of shares in 2026
Financial Impact
Non-GAAP EPS beat consensus by $0.41 (56%), revenue in line with expectations, operating cash flow surged $50.1M YoY
Risk Factors
- Elevated debt of $1.19B (net of current portion) limits financial flexibility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001280058-26-000013 |
| Document: blkb-20260429.htm | 0001280058-26-000013 |
| Document: 0001280058-26-000013-index-headers.html | 0001280058-26-000013 |
| Document: 0001280058-26-000013-index.html | 0001280058-26-000013 |
| Document: 0001280058-26-000013.txt | 0001280058-26-000013 |
| 8-K Data (Synthetic) | 0001280058-26-000013 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | Press Release | $48.86 | awaiting T+60 | — | $53.08 (+8.64%) |
Sep 29, 2026 28d ago | Press Release | $41.43 | awaiting T+60 | — | $53.08 (+28.12%) |
Sep 2, 2026 7w ago | Insider Cluster | $48.46 | awaiting T+60 | — | $53.08 (+9.53%) |
Aug 17, 2026 10w ago | 3 | $44.36 | awaiting T+60 | — | $53.08 (+19.66%) |
Aug 10, 2026 11w ago | 8-K | $45.45 | awaiting T+60 | — | $53.08 (+16.79%) |
Jul 29, 2026 12w ago | 8-K | $42.18 $56.48 | ▲ +33.90% | ▲ +29.17% | $53.08 (+25.84%) |
Apr 29, 2026 25w ago | 8-K | $39.04 $32.71 | ▼ −16.21% | ▼ −20.33% | $53.08 (+35.96%) |
Apr 21, 2026 27w ago | DEFA14A | $38.62 $33.03 | ▼ −14.47% | ▼ −21.37% | $53.08 (+37.44%) |
Mar 3, 2026 33w ago | Insider Cluster | $49.77 $30.69 | ▼ −38.33% | ▼ −48.74% | $53.08 (+6.66%) |
Feb 24, 2026 35w ago | Insider Cluster | $47.21 $31.44 | ▼ −33.40% | ▼ −40.15% | $53.08 (+12.43%) |
US Market Status
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