Blackbaud (BLKB) Operating Margin (2009 - 2026)
Blackbaud's (BLKB) quarterly Operating Margin came in at 21.34% in Q2 2026, up 101.0% year-over-year from 10.62% in Q2 2025, and up 16.63% quarter-over-quarter from 18.3% in Q1 2026.
Analysis
Blackbaud (BLKB) Operating Margin (2009 - 2026) Analysis & Trends
Blackbaud has disclosed Operating Margin across 18 years of filings, most recently posting 21.34% for Q2 2026.
- In Q2 2026, Operating Margin rose 101.0% year-over-year to 21.34%; the TTM figure through Jun 2026 stood at 19.79% (up 4162.0% YoY), while the FY2025 annual figure was 16.91%, up 4041.0% from the prior year.
- Operating Margin came in at 21.34% for Q2 2026 at Blackbaud, up from 18.3% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.34% in Q2 2026 to a low of 121.57% in Q4 2024.
- Average Operating Margin over 5 years is 1.32%, with a median of 7.62% recorded in 2025.
- Year-over-year, Operating Margin tumbled 13302 bps in 2024 and surged 14160 bps in 2025.
- Over 5 years, Operating Margin stood at 5.66% in 2022, then surged by 302 bps to 11.45% in 2023, then slumped by 1162 bps to 121.57% in 2024, then soared by 116 bps to 20.03% in 2025, then rose by 7 bps to 21.34% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 21.34% in Q2 2026, 18.3% in Q1 2026, and 20.03% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 20.55% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 4.75% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 2.55% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | -2.77% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 21.34% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 4.66% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | -200.39% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | -0.76% |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.34% |
| Mar 31, 2026 | 18.30% |
| Dec 31, 2025 | 20.03% |
| Sep 30, 2025 | 19.41% |
| Jun 30, 2025 | 20.33% |
| Mar 31, 2025 | 7.30% |
| Dec 31, 2024 | -121.57% |
| Sep 30, 2024 | 14.36% |
| Jun 30, 2024 | 14.41% |
| Mar 31, 2024 | 4.77% |
| 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% |