Blackbaud (BLKB) Cost of Revenue (2009 - 2026)
Blackbaud's (BLKB) quarterly Cost of Revenue came in at $112.4 million in Q2 2026, down 1.06% year-over-year from $113.6 million in Q2 2025, and down 1.87% quarter-over-quarter from $114.6 million in Q1 2026.
Analysis
Blackbaud (BLKB) Cost of Revenue (2009 - 2026) Analysis & Trends
Blackbaud has disclosed Cost of Revenue across 18 years of filings, most recently posting $112.4 million for Q2 2026.
- In Q2 2026, Cost of Revenue fell 1.06% year-over-year to $112.4 million; the TTM figure through Jun 2026 stood at $463.6 million (down 6.77% YoY), while the FY2025 annual figure was $465.1 million, down 11.11% from the prior year.
- Cost of Revenue came in at $112.4 million for Q2 2026 at Blackbaud, down from $114.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $141.7 million in Q4 2023 to a low of $112.4 million in Q2 2026.
- Average Cost of Revenue over 5 years is $123.8 million, with a median of $123.0 million recorded in 2023.
- Year-over-year, Cost of Revenue climbed 19.32% in 2022 and fell 12.1% in 2025.
- Over 5 years, Cost of Revenue stood at $135.5 million in 2022, then grew by 4.57% to $141.7 million in 2023, then declined by 1.47% to $139.6 million in 2024, then dropped by 11.9% to $123.0 million in 2025, then decreased by 8.57% to $112.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $112.4 million in Q2 2026, $114.6 million in Q1 2026, and $123.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 2.65 Bn |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 160.88 Mn |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 36.10 Mn |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 34.16 Mn |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 112.43 Mn |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 74.55 Mn |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 46.80 Mn |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 56.17 Mn |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 112.43 Mn |
| Mar 31, 2026 | 114.58 Mn |
| Dec 31, 2025 | 122.97 Mn |
| Sep 30, 2025 | 113.65 Mn |
| Jun 30, 2025 | 113.63 Mn |
| Mar 31, 2025 | 114.82 Mn |
| Dec 31, 2024 | 139.58 Mn |
| Sep 30, 2024 | 129.30 Mn |
| Jun 30, 2024 | 126.40 Mn |
| Mar 31, 2024 | 127.90 Mn |
| Dec 31, 2023 | 141.67 Mn |
| Sep 30, 2023 | 121.77 Mn |
| Jun 30, 2023 | 121.48 Mn |
| Mar 31, 2023 | 123.11 Mn |
| Dec 31, 2022 | 135.48 Mn |
| Sep 30, 2022 | 120.94 Mn |
| Jun 30, 2022 | 125.61 Mn |
| Mar 31, 2022 | 123.36 Mn |
| Dec 31, 2021 | 124.06 Mn |
| Sep 30, 2021 | 107.68 Mn |