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

Blackbaud's Cost of Revenue history runs 18 years deep, the most recent figure standing at $114.6 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 156.65% year-over-year to $114.6 million; the TTM figure through Mar 2026 stood at $177.3 million (down 50.84% YoY), while the FY2025 annual figure 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.
• A 5-year average of $78.3 million and a median of $113.6 million in 2025 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue plunged 413.41% in 2022 and soared 334.41% in 2023, its largest moves.
• Blackbaud's Cost of Revenue stood at -$148.5 million in 2022, then jumped by 334.41% to $348.0 million in 2023, then sank by 59.89% to $139.6 million in 2024, then plunged by 217.88% to -$164.5 million in 2025, then surged by 169.64% to $114.6 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $114.6 million, -$164.5 million, and $113.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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