Blackbaud (BLKB) Gross Margin (2009 - 2026)
Blackbaud's (BLKB) quarterly Gross Margin came in at 61.31% in Q2 2026, up 160.0% year-over-year from 23.58% in Q2 2025, and up 3.49% quarter-over-quarter from 59.24% in Q1 2026.
Analysis
Blackbaud (BLKB) Gross Margin (2009 - 2026) Analysis & Trends
Blackbaud has disclosed Gross Margin across 18 years of filings, most recently posting 61.31% for Q2 2026.
- In Q2 2026, Gross Margin rose 160.0% year-over-year to 61.31%; the TTM figure through Jun 2026 stood at 59.62% (up 322.0% YoY), while the FY2025 annual figure was 58.78%, up 410.0% from the prior year.
- Gross Margin came in at 61.31% for Q2 2026 at Blackbaud, up from 59.24% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.31% in Q2 2026 to a low of 50.69% in Q4 2022.
- Average Gross Margin over 5 years is 55.55%, with a median of 55.03% recorded in 2024.
- Year-over-year, Gross Margin plunged 125 bps in 2024 and soared 469 bps in 2025.
- Over 5 years, Gross Margin stood at 50.69% in 2022, then grew by 3 bps to 52.24% in 2023, then rose by 3 bps to 53.8% in 2024, then grew by 8 bps to 58.35% in 2025, then rose by 5 bps to 61.31% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 61.31% in Q2 2026, 59.24% in Q1 2026, and 58.35% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 76.65% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 82.35% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 84.79% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 77.60% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 61.31% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 65.12% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 82.73% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 62.74% |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.31% |
| Mar 31, 2026 | 59.24% |
| Dec 31, 2025 | 58.35% |
| Sep 30, 2025 | 59.57% |
| Jun 30, 2025 | 59.71% |
| Mar 31, 2025 | 57.47% |
| Dec 31, 2024 | 53.80% |
| Sep 30, 2024 | 54.89% |
| Jun 30, 2024 | 56.00% |
| Mar 31, 2024 | 54.09% |
| 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% |