Blackbaud (BLKB) Net Margin (2009 - 2026)
Blackbaud's Net Margin was 12.17% in Q2 2026, up 2.78 percentage points from 9.38% a year earlier and up 1.09 percentage points from the prior quarter.
Blackbaud (BLKB) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Blackbaud's Net Margin was 13.12% through Jun 30, 2026, up 39.18 percentage points year-over-year; for FY2025, it was 10.19%, up 36.13 percentage points from FY2024.
- Net Margin shows a five-year change of +9.34 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -25.94% in FY2024 (-26.21 pp), 0.27% in FY2023 (+4.56 pp), -4.29% in FY2022 (-4.91 pp) and 0.61% in FY2021 (-0.23 pp).
- Quarterly Net Margin has moved between -114.65% (Q4 2024) and 16.89% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin has increased for five straight quarters, with an average year-over-year change of +4.63 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2025 (a gain of 127.07 percentage points); the worst was Q4 2024 (a drop of 116.87 percentage points).
- Per Business Quant data, BLKB's Net Margin in the three quarters before Q2 2026 was 11.08% (Q1 2026), 12.43% (Q4 2025) and 16.89% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 54.86% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 24.19% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 22.36% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 31.08% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 7.47% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 17.88% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -7,044.56% |
| 10 | Blackbaud | 1.93 Bn | 1.78 Bn | 178.16 Mn | 12.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.17% |
| Mar 31, 2026 | 11.08% |
| Dec 31, 2025 | 12.43% |
| Sep 30, 2025 | 16.89% |
| Jun 30, 2025 | 9.38% |
| Mar 31, 2025 | 1.60% |
| Dec 31, 2024 | -114.65% |
| Sep 30, 2024 | 6.39% |
| Jun 30, 2024 | 7.39% |
| Mar 31, 2024 | 2.62% |
| Dec 31, 2023 | 2.22% |
| Sep 30, 2023 | 3.25% |
| Jun 30, 2023 | 0.78% |
| Mar 31, 2023 | -5.62% |
| Dec 31, 2022 | -7.74% |
| Sep 30, 2022 | -3.95% |
| Jun 30, 2022 | -1.29% |
| Mar 31, 2022 | -4.05% |
| Dec 31, 2021 | -2.85% |
| Sep 30, 2021 | 2.68% |
Blackbaud Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BLKB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BLKB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BLKB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();