Blackbaud reported FY 2025 revenue of USD 1.13 billion (-2.3%), with GAAP income from operations of USD 190.8 million and GAAP net income of USD 115.0 million. GAAP diluted EPS was USD 2.37. On a non-GAAP basis, Blackbaud posted income from operations of USD 344.4 million and adjusted EBITDA of USD 405.3 million, while non-GAAP free cash flow was USD 203.5 million. The company said the FY 2025 revenue decline was largely driven by a USD 52.7 million decrease in contractual recurring revenue tied primarily to the sale of EVERFI (USD 82.6 million), partly offset by a USD 30.6 million increase in transactional recurring revenue from higher volume in Blackbaud Integrated Payments and Blackbaud Tuition Management. Gross dollar retention was approximately 92% in FY 2025. Blackbaud highlighted expanded AI product releases during the period, including Blackbaud AI Chat and the launch of its agentic AI suite “Agents for Good,” alongside broader integration of generative AI features across products. The company also reiterated its capital return plans, noting it repurchased 3.34 million shares for USD 214.0 million in FY 2025 and had USD 960.6 million remaining under its repurchase authorization as of Dec. 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackbaud Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001280058-26-000006), on February 18, 2026, and is solely responsible for the information contained therein.