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

Blackbaud has disclosed Cost of Revenue across 18 years of filings, most recently posting $114.6 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $114.6 million, up 156.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $177.3 million (down 50.84% YoY), and the FY2025 annual result was $177.6 million, down 66.06% from the prior year.
• Cost of Revenue came in at $114.6 million for Q1 2026 at Blackbaud, up from -$164.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $348.0 million in Q4 2023 to a low of -$164.5 million in Q4 2025.
• The 5-year median for Cost of Revenue is $113.6 million (2025), against an average of $78.3 million.
• Across the five-year window, Cost of Revenue sank 413.41% in 2022 and surged 334.41% in 2023, its largest moves.
• Blackbaud's Cost of Revenue stood at -$148.5 million in 2022, then soared by 334.41% to $348.0 million in 2023, then slumped by 59.89% to $139.6 million in 2024, then sank by 217.88% to -$164.5 million in 2025, then jumped by 169.64% to $114.6 million in 2026.
• The last three Cost of Revenue figures came in at $114.6 million (Q1 2026), -$164.5 million (Q4 2025), and $113.7 million (Q3 2025), per Business Quant data.