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
DateValue
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%