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| Date | Value |
|---|---|
| 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 |