Blackbaud reports Q1 non-GAAP EPS $1.14, consensus $1.12

Reports Q1 revenue $281.1M, consensus $280.12M. “We began 2026 with disciplined execution against our operating plan, while continuing to invest in innovation to support both performance today and the opportunities ahead,” said Chad Anderson, executive vice president and CFO, Blackbaud (BLKB). “The quarter reflects the strength of our financial model-driving growth, expanding margins, improving EPS, and generating strong free cash flow. We continued our purposeful capital allocation strategy, repurchasing approximately 4.5% of our shares outstanding at the end of 2025 inclusive of net share settlement of employee stock compensation, while maintaining financial flexibility. This combination of execution, reinvestment, and disciplined capital deployment underpins our ability to deliver long-term value.”