Blackbaud (BLKB) Operating Expenses (2009 - 2026)
Blackbaud (BLKB) reported Operating Expenses of $115.1 million for Q1 2026, down 14.99% on a YoY basis from $135.4 million in Q1 2025, and up 1.74% sequentially from $113.1 million in Q4 2025.
Blackbaud (BLKB) Operating Expenses (2009 - 2026) Analysis & Trends
Blackbaud (BLKB) has 18 years of Operating Expenses data on file, last reported at $115.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 14.99% year-over-year to $115.1 million; the trailing twelve-month figure through Mar 2026 stood at $452.2 million (down 49.8% YoY), and the FY2025 full-year result was $472.5 million, down 47.66% from the prior year.
- Operating Expenses advanced to $115.1 million in Q1 2026, from $113.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $529.8 million in Q4 2024 to a low of $111.1 million in Q2 2025.
- A 5-year average of $154.4 million and a median of $135.4 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 337.75% in 2024 and tumbled 78.64% in 2025, its largest moves.
- Tracing BLKB's Operating Expenses over 5 years: stood at $154.8 million in 2022, then retreated by 21.83% to $121.0 million in 2023, then jumped by 337.75% to $529.8 million in 2024, then plunged by 78.64% to $113.1 million in 2025, then advanced by 1.74% to $115.1 million in 2026.
- Business Quant data shows BLKB's Operating Expenses at $115.1 million in Q1 2026, $113.1 million in Q4 2025, and $112.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Blackbaud | 1.42 Bn | 1.01 Bn | 166.56 Mn | 115.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 115.11 Mn |
| Dec 31, 2025 | 113.14 Mn |
| Sep 30, 2025 | 112.92 Mn |
| Jun 30, 2025 | 111.06 Mn |
| Mar 31, 2025 | 135.42 Mn |
| Dec 31, 2024 | 529.79 Mn |
| Sep 30, 2024 | 116.16 Mn |
| Jun 30, 2024 | 119.50 Mn |
| Mar 31, 2024 | 137.40 Mn |
| Dec 31, 2023 | 121.03 Mn |
| Sep 30, 2023 | 133.82 Mn |
| Jun 30, 2023 | 149.27 Mn |
| Mar 31, 2023 | 148.59 Mn |
| Dec 31, 2022 | 154.82 Mn |
| Sep 30, 2022 | 147.37 Mn |
| Jun 30, 2022 | 139.27 Mn |
| Mar 31, 2022 | 139.74 Mn |
| Dec 31, 2021 | 130.46 Mn |
| Sep 30, 2021 | 111.69 Mn |
| Jun 30, 2021 | 108.33 Mn |