Overview
AI solutions provider's Q4 revenue rose, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Outlook
Blackbaud expects 2026 GAAP revenue of $1.173 bln to $1.179 bln
Company projects 2026 non-GAAP adjusted EBITDA of $430 mln to $438 mln
Blackbaud forecasts 2026 non-GAAP EPS of $5.15 to $5.25
Company anticipates 2026 non-GAAP free cash flow of $280 mln to $290 mln
Result Drivers
DIVESTITURE IMPACT - GAAP revenue declined by 2.3% due to the divestiture of EVERFI, while non-GAAP organic revenue increased by 4.3%
OPERATING MARGIN GROWTH - GAAP operating margin increased significantly to 20.0%, attributed to strategic initiatives and cost management
AI INNOVATION - Partnership with Anthropic and AI-powered innovations are expected to drive future growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $295.30 mln | $292.30 mln (4 Analysts) |
Q4 Adjusted EPS | Beat | $1.19 | $1.14 (4 Analysts) |
Q4 Adjusted Net Income | $56.90 mln | ||
Q4 Adjusted EBITDA | $104.50 mln | ||
Q4 Adjusted Income From Operations | $88.70 mln | ||
Q4 Adjusted Operating Margin | 30.00% |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Blackbaud Inc is $75.00, about 55.4% above its February 9 closing price of $48.25
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nPn9nf7kGa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)