Blackbaud Q2 revenue rises 3.0% to $290.6 million; expects upper half of FY26 guidance
Blackbaud reported unaudited second-quarter 2026 results for the quarter ended June 30, 2026, with GAAP revenue of $290.6 million, up 3.0%, and GAAP diluted earnings per share of $0.79, up from $0.55 a year earlier. The company reaffirmed its 2026 full-year guidance and said it expects to finish in the upper half of its ranges, with EPS and free cash flow at the high end.
Key points
- GAAP revenue was $290.6 million, up 3.0%; GAAP recurring revenue was $285.3 million, up 3.3%.
- GAAP diluted EPS was $0.79 versus $0.55; non-GAAP diluted EPS was $1.33 versus $1.22.
- Non-GAAP operating margin was 32.6%, a decrease of 110 basis points; non-GAAP adjusted EBITDA margin was 38.0%, down 70 basis points.
- 2026 guidance was reaffirmed, including non-GAAP diluted EPS of $5.15 to $5.25 and non-GAAP free cash flow of $280 million to $290 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.