SuperworthBlackbaud profit margin BLKB
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 13.1%
- Operating margin, 12 months
- 19.8%
- Net margin on a year earlier
- +39.2 pts
- Peer median
- 7.7%
Over the twelve months to Jun 30, 2026, Blackbaud kept 13.1% of its revenue as net profit, with an operating margin of 19.8% and a gross margin of 59.6%.
Five years earlier its net margin was −0.2%.
The median for 10 infrastructure software stocks of a similar size is 7.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.2% | 16.9% | 58.8% |
| FY2024 | −25.9% | −23.5% | 54.7% |
| FY2023 | 0.2% | 4.0% | 54.6% |
| FY2022 | −4.3% | −2.7% | 52.2% |
| FY2021 | 0.6% | 2.7% | 52.2% |
| FY2020 | 0.8% | 4.1% | 53.1% |
| FY2019 | 1.3% | 3.0% | 53.5% |
| FY2018 | 5.3% | 7.0% | 55.0% |
| FY2017 | 9.3% | 8.7% | 54.1% |
| FY2016 | 5.7% | 8.5% | 53.6% |
| FY2015 | 4.0% | 7.3% | 52.2% |
| FY2014 | 5.0% | 8.2% | 51.6% |
| FY2013 | 6.0% | 10.2% | 53.8% |
| FY2012 | 1.5% | 4.3% | 54.7% |
| FY2011 | 9.0% | 13.7% | 57.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 13.1% | +39.2 pts | 19.8% | |
| Q1 FY26 | 12.4% | +38.8 pts | 19.5% | |
| Q4 FY25 | 10.2% | +36.1 pts | 16.9% | |
| Q3 FY25 | −23.6% | −28.2 pts | −20.8% | |
| Q2 FY25 | −26.1% | −29.8 pts | −21.8% | |
| Q1 FY25 | −26.4% | −28.5 pts | −23.1% | |
| Q4 FY24 | −25.9% | −26.1 pts | −23.5% | |
| Q3 FY24 | 4.6% | +6.8 pts | 11.2% | |
| Q2 FY24 | 3.8% | +7.9 pts | 9.6% | |
| Q1 FY24 | 2.1% | +6.8 pts | 6.1% | |
| Q4 FY23 | 0.2% | +4.5 pts | 4.0% | |
| Q3 FY23 | −2.3% | +0.7 pts | −0.3% |
Against its peers
Companies in Software - Infrastructure nearest Blackbaud's size, closest first, today.
| Company | Profit margin |
|---|---|
| BLKBBlackbaud | 13.1% |
| NCNOnCino | 5.4% |
| NTCTNetscout Systems | 13.7% |
| BLBlackline | 4.7% |
| ALRMAlarm.com | 11.1% |
| KDKyndryl | 0.6% |
| MQMarqeta | 1.5% |
| SPSCSPS Commerce | 10.1% |
| AGYSAgilysys | 13.0% |
| AVPTAvePoint | 15.3% |
| PDFSPDF Solutions | 4.3% |
| Peer median | 7.7% |
Where Blackbaud ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Blackbaud
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.