Blackbaud (BLKB) Gross Margin (2009 - 2026)
Blackbaud's (BLKB) quarterly Gross Margin came in at 59.24% in Q1 2026, up 178.0% year-on-year from 21.31% in Q1 2025, and up 1.53% quarter-over-quarter from 58.35% in Q4 2025.
Blackbaud (BLKB) Gross Margin (2009 - 2026) Analysis & Trends
Blackbaud has disclosed Gross Margin across 18 years of filings, most recently posting 59.24% for Q1 2026.
- Gross Margin for Q1 2026 came in at 59.24%, up 178.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 59.21% (up 372.0% YoY), and the FY2025 annual result was 58.78%, up 410.0% from the prior year.
- Gross Margin came in at 59.24% for Q1 2026 at Blackbaud, up from 58.35% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 1794.05% in Q1 2024 to a low of 50.69% in Q4 2022.
- The 5-year median for Gross Margin is 55.18% (2023), against an average of 157.57%.
- Across the five-year window, Gross Margin surged 174108 bps in 2024 and sank 173658 bps in 2025, its largest moves.
- Blackbaud's Gross Margin stood at 50.69% in 2022, then grew by 3 bps to 52.24% in 2023, then increased by 3 bps to 53.8% in 2024, then advanced by 8 bps to 58.35% in 2025, then grew by 2 bps to 59.24% in 2026.
- The last three Gross Margin figures came in at 59.24% (Q1 2026), 58.35% (Q4 2025), and 59.57% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Blackbaud | 1.27 Bn | 849.33 Mn | 166.56 Mn | 59.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.24% |
| Dec 31, 2025 | 58.35% |
| Sep 30, 2025 | 59.57% |
| Jun 30, 2025 | 59.72% |
| Mar 31, 2025 | 57.47% |
| Dec 31, 2024 | 53.80% |
| Sep 30, 2024 | 54.89% |
| Jun 30, 2024 | 56.00% |
| Mar 31, 2024 | 1,794.05% |
| Dec 31, 2023 | 52.24% |
| Sep 30, 2023 | 56.14% |
| Jun 30, 2023 | 55.18% |
| Mar 31, 2023 | 52.97% |
| Dec 31, 2022 | 50.69% |
| Sep 30, 2022 | 53.72% |
| Jun 30, 2022 | 52.59% |
| Mar 31, 2022 | 52.02% |
| Dec 31, 2021 | 49.95% |
| Sep 30, 2021 | 53.43% |
| Jun 30, 2021 | 52.90% |