Blackbaud (BLKB) Gross Margin (2009 - 2026)
Blackbaud (BLKB) reported Gross Margin of 59.24% for Q1 2026, up 178.0% on a YoY basis from 21.31% in Q1 2025, and up 1.53% sequentially from 58.35% in Q4 2025.
Blackbaud (BLKB) Gross Margin (2009 - 2026) Analysis & Trends
Blackbaud (BLKB) has 18 years of Gross Margin data on file, last reported at 59.24% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 178.0% year-over-year to 59.24%; the trailing twelve-month figure through Mar 2026 stood at 59.21% (up 372.0% YoY), and the FY2025 full-year result was 58.78%, up 410.0% from the prior year.
- Gross Margin climbed to 59.24% in Q1 2026, 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.
- A 5-year average of 157.57% and a median of 55.18% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 174108 bps in 2024 and tumbled 173658 bps in 2025, its largest moves.
- Tracing BLKB's Gross Margin over 5 years: stood at 50.69% in 2022, then climbed by 3 bps to 52.24% in 2023, then grew by 3 bps to 53.8% in 2024, then gained by 8 bps to 58.35% in 2025, then climbed by 2 bps to 59.24% in 2026.
- Business Quant data shows BLKB's Gross Margin at 59.24% in Q1 2026, 58.35% in Q4 2025, and 59.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Blackbaud | 1.42 Bn | 1.01 Bn | 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% |