Blackbaud (BLKB) Cost of Revenue (2009 - 2026)

Blackbaud (BLKB) reported Cost of Revenue of $114.6 million for Q1 2026, little changed on a YoY basis from $114.8 million in Q1 2025, and down 6.82% sequentially from $123.0 million in Q4 2025.

Blackbaud (BLKB) Cost of Revenue (2009 - 2026) Analysis & Trends

Blackbaud (BLKB) has 18 years of Cost of Revenue data on file, last reported at $114.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue changed 0.2% year-over-year to $114.6 million; the trailing twelve-month figure through Mar 2026 stood at $464.8 million (down 8.88% YoY), and the FY2025 full-year result was $465.1 million, down 11.11% from the prior year.
  • Cost of Revenue slipped to $114.6 million in Q1 2026, from $123.0 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 $113.6 million in Q2 2025.
  • A 5-year average of $124.5 million and a median of $123.1 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue advanced 19.32% in 2022 and declined 12.1% in 2025, its largest moves.
  • Tracing BLKB's Cost of Revenue over 5 years: stood at $135.5 million in 2022, then climbed by 4.57% to $141.7 million in 2023, then fell by 1.46% to $139.6 million in 2024, then slipped by 11.91% to $123.0 million in 2025, then decreased by 6.82% to $114.6 million in 2026.
  • Business Quant data shows BLKB's Cost of Revenue at $114.6 million in Q1 2026, $123.0 million in Q4 2025, and $113.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Blackbaud 1.58 Bn 1.16 Bn 166.56 Mn 114.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 114.58 Mn
Mar 31, 2026 114.58 Mn
Dec 31, 2025 122.97 Mn
Dec 31, 2025 122.97 Mn
Sep 30, 2025 113.65 Mn
Sep 30, 2025 113.65 Mn
Jun 30, 2025 113.63 Mn
Jun 30, 2025 113.63 Mn
Mar 31, 2025 114.82 Mn
Mar 31, 2025 114.82 Mn
Dec 31, 2024 139.60 Mn
Dec 31, 2024 139.60 Mn
Sep 30, 2024 129.30 Mn
Sep 30, 2024 129.30 Mn
Jun 30, 2024 126.40 Mn
Jun 30, 2024 126.40 Mn
Mar 31, 2024 127.90 Mn
Mar 31, 2024 127.90 Mn
Dec 31, 2023 141.67 Mn
Dec 31, 2023 141.67 Mn