Blackbaud BLKB
Vertical SaaS B2B SaaS Enterprise Software Mature SaaS

Blackbaud trades at 2.8x EV/NTM revenue on a $3.46B enterprise value. Revenue grew 4.1% year over year to $292.6M in the quarter ending September 2026, an annual run rate of $1.17B. Blackbaud reports a 60.8% gross margin and 26.8-month CAC payback.

ARR ($M)
287.0
Net Dollar Retention
--
ARR Growth
4.1%
EV / NTM Revenue
2.8x
Payback Period
26.8
EV / Run Rate
3.0x
Price & Key Metrics
Price Performance
Company Details
Share Price: 54.44
Last Filing Date: 2026-09-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 1981
IPO Year: 2004
% of 52 wk High: 85%
Description
Blackbaud is a supplier of software and services specifically designed for nonprofit organizations. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.
Reporting Notes
Publishes full-time employee count in 10-Ks under Human Capital Resources. Customer count can also be found in 10-Ks under Description of Business. ARR derived from Subscription Revenue * 4 (SR published in 10-Q). Customer retention is reported in 10-Ks.
Categories
Vertical SaaS B2B SaaS Enterprise Software Mature SaaS
Valuation
Market Cap: 2,448.65
Enterprise Value: 3,457.713
EV / Revenue Run Rate: 3.0x
EV / NTM Revenue: 2.8x
EV / 2026 Revenue Estimates: 2.9x
EV / 2027 Revenue Estimates: 2.8x
EV / 2028 Revenue Estimates: 2.7x
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 287.0
ARR Growth %: 4%
ARR/Customer ($K): --
ARR/Employee ($K): 102
Revenue
Revenue Run Rate: 1,170
ARR: 287.0
2026 Revenue Estimates: 1,175
2027 Revenue Estimates: 1,227
2028 Revenue Estimates: 1,271
LTM Revenue: 1,159
Last Year Run Rate: 1,124
Growth
Revenue Growth: 4%
ARR Growth: 4%
Growth Persistence: --
2026 Revenue Growth Estimates: 4%
2027 Revenue Growth Estimates: 4%
2028 Revenue Growth Estimates: 4%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Blackbaud growing?

Blackbaud grew revenue 4.1% year over year, reaching $292.6M in the quarter ending September 2026.

What multiple does Blackbaud trade at?

Blackbaud trades at 2.8x EV/NTM revenue and 3.0x EV/run-rate, on an enterprise value of $3.46B.

Is Blackbaud profitable?

For Blackbaud, operating income was $60.0M last quarter and LTM free cash flow margin is 24.1%.

How long does it take Blackbaud to pay back CAC?

Blackbaud recovers customer acquisition cost in about 26.8 months.

What sector is Blackbaud in?

Public Comps classifies Blackbaud under Vertical SaaS, B2B SaaS, Enterprise Software, and Mature SaaS.

Where does Public Comps get Blackbaud's data?

Figures come from Blackbaud's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.