Blackbaud (BLKB) Operating Expenses (2009 - 2026)

Blackbaud's (BLKB) quarterly Operating Expenses came in at $115.1 million in Q1 2026, down 14.99% year-on-year from $135.4 million in Q1 2025, and up 1.74% quarter-over-quarter from $113.1 million in Q4 2025.

Blackbaud (BLKB) Operating Expenses (2009 - 2026) Analysis & Trends

Blackbaud has disclosed Operating Expenses across 18 years of filings, most recently posting $115.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $115.1 million, down 14.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $452.2 million (down 49.8% YoY), and the FY2025 annual result was $472.5 million, down 47.66% from the prior year.
  • Operating Expenses came in at $115.1 million for Q1 2026 at Blackbaud, up 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.
  • The 5-year median for Operating Expenses is $135.4 million (2025), against an average of $154.4 million.
  • Across the five-year window, Operating Expenses jumped 337.75% in 2024 and sank 78.64% in 2025, its largest moves.
  • Blackbaud's Operating Expenses stood at $154.8 million in 2022, then decreased by 21.83% to $121.0 million in 2023, then surged by 337.75% to $529.8 million in 2024, then tumbled by 78.64% to $113.1 million in 2025, then climbed by 1.74% to $115.1 million in 2026.
  • The last three Operating Expenses figures came in at $115.1 million (Q1 2026), $113.1 million (Q4 2025), and $112.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Blackbaud 1.27 Bn 849.33 Mn 166.56 Mn 115.11 Mn

Historic Data

Download Data
DateValue
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