Blackbaud (BLKB) Operating Margin (2009 - 2026)
Blackbaud recorded quarterly Operating Margin of 18.3% in Q1 2026, down 8.65% quarter-over-quarter from 20.03% in Q4 2025, and up 1100.0% year-over-year from 1.52% in Q1 2025.
Blackbaud's Operating Margin history runs 18 years deep, the most recent figure standing at 18.3% for Q1 2026.
- In Q1 2026, Operating Margin rose 1100.0% year-over-year to 18.3%; the TTM figure through Mar 2026 stood at 19.52% (up 4265.0% YoY), while the FY2025 annual figure was 16.91%, up 4041.0% from the prior year.
- Operating Margin came in at 18.3% for Q1 2026 at Blackbaud, down from 20.03% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 158.33% in Q1 2024 to a low of 121.56% in Q4 2024.
- A 5-year average of 9.17% and a median of 7.94% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 16213 bps in 2024 and slumped 15103 bps in 2025, its largest moves.
- Blackbaud's Operating Margin stood at 5.66% in 2022, then soared by 302 bps to 11.45% in 2023, then tumbled by 1162 bps to 121.56% in 2024, then soared by 116 bps to 20.03% in 2025, then fell by 9 bps to 18.3% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 18.3%, 20.03%, and 19.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Blackbaud | 1.35 Bn | 928.61 Mn | 166.56 Mn | 18.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.30% |
| Dec 31, 2025 | 20.03% |
| Sep 30, 2025 | 19.41% |
| Jun 30, 2025 | 20.32% |
| Mar 31, 2025 | 7.30% |
| Dec 31, 2024 | -121.56% |
| Sep 30, 2024 | 14.36% |
| Jun 30, 2024 | 14.41% |
| Mar 31, 2024 | 158.33% |
| Dec 31, 2023 | 11.45% |
| Sep 30, 2023 | 7.94% |
| Jun 30, 2023 | 0.11% |
| Mar 31, 2023 | -3.80% |
| Dec 31, 2022 | -5.66% |
| Sep 30, 2022 | -2.68% |
| Jun 30, 2022 | 0.02% |
| Mar 31, 2022 | -2.33% |
| Dec 31, 2021 | -2.67% |
| Sep 30, 2021 | 5.12% |
| Jun 30, 2021 | 5.68% |
| Mar 31, 2021 | 3.03% |
| Dec 31, 2020 | -0.35% |
| Sep 30, 2020 | 4.69% |
| Jun 30, 2020 | 8.44% |
| Mar 31, 2020 | 3.77% |
| Dec 31, 2019 | 1.51% |
| Sep 30, 2019 | 3.57% |
| Jun 30, 2019 | 5.98% |
| Mar 31, 2019 | 1.01% |
| Dec 31, 2018 | 6.64% |
| Sep 30, 2018 | 7.53% |
| Jun 30, 2018 | 5.32% |
| Mar 31, 2018 | 8.61% |
| Dec 31, 2017 | 9.18% |
| Sep 30, 2017 | 9.48% |
| Jun 30, 2017 | 8.62% |
| Mar 31, 2017 | 7.17% |
| Dec 31, 2016 | 12.11% |
| Sep 30, 2016 | 7.40% |
| Jun 30, 2016 | 7.56% |
| Mar 31, 2016 | 6.27% |
| Dec 31, 2015 | 5.84% |
| Sep 30, 2015 | 8.80% |
| Jun 30, 2015 | 9.25% |
| Mar 31, 2015 | 5.45% |
| Dec 31, 2014 | 4.97% |
| Sep 30, 2014 | 9.34% |
| Jun 30, 2014 | 11.48% |
| Mar 31, 2014 | 7.27% |
| Dec 31, 2013 | 10.84% |
| Sep 30, 2013 | 14.08% |
| Jun 30, 2013 | 11.41% |
| Mar 31, 2013 | 3.97% |
| Dec 31, 2012 | 8.23% |
| Sep 30, 2012 | 5.05% |
| Jun 30, 2012 | -1.70% |
| Mar 31, 2012 | 5.55% |
| Dec 31, 2011 | 11.15% |
| Sep 30, 2011 | 16.80% |
| Jun 30, 2011 | 15.45% |
| Mar 31, 2011 | 11.32% |
| Dec 31, 2010 | 12.64% |
| Sep 30, 2010 | 16.08% |
| Jun 30, 2010 | 15.02% |
| Mar 31, 2010 | 12.47% |
| Jun 30, 2009 | 61.00% |