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| 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 |