Blackbaud (BLKB) Research & Development (2009 - 2026)
Blackbaud's (BLKB) quarterly Research & Development came in at $36.9 million in Q1 2026, up 10.0% year-on-year from $33.6 million in Q1 2025, and up 9.29% quarter-over-quarter from $33.8 million in Q4 2025.
Blackbaud (BLKB) Research & Development (2009 - 2026) Analysis & Trends
Blackbaud has disclosed Research & Development across 18 years of filings, most recently posting $36.9 million for Q1 2026.
- Research & Development for Q1 2026 came in at $36.9 million, up 10.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $141.5 million (down 3.45% YoY), and the FY2025 annual result was $138.1 million, down 10.12% from the prior year.
- Research & Development came in at $36.9 million for Q1 2026 at Blackbaud, up from $33.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $40.7 million in Q1 2024 to a low of $32.8 million in Q4 2023.
- The 5-year median for Research & Development is $37.7 million (2024), against an average of $37.2 million.
- Across the five-year window, Research & Development surged 36.92% in 2022 and fell 17.55% in 2025, its largest moves.
- Blackbaud's Research & Development stood at $38.2 million in 2022, then fell by 14.18% to $32.8 million in 2023, then rose by 15.0% to $37.7 million in 2024, then retreated by 10.36% to $33.8 million in 2025, then rose by 9.29% to $36.9 million in 2026.
- The last three Research & Development figures came in at $36.9 million (Q1 2026), $33.8 million (Q4 2025), and $37.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Blackbaud | 1.27 Bn | 849.33 Mn | 166.56 Mn | 36.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.92 Mn |
| Dec 31, 2025 | 33.78 Mn |
| Sep 30, 2025 | 37.20 Mn |
| Jun 30, 2025 | 33.60 Mn |
| Mar 31, 2025 | 33.56 Mn |
| Dec 31, 2024 | 37.68 Mn |
| Sep 30, 2024 | 37.90 Mn |
| Jun 30, 2024 | 37.40 Mn |
| Mar 31, 2024 | 40.70 Mn |
| Dec 31, 2023 | 32.77 Mn |
| Sep 30, 2023 | 37.97 Mn |
| Jun 30, 2023 | 36.15 Mn |
| Mar 31, 2023 | 40.59 Mn |
| Dec 31, 2022 | 38.18 Mn |
| Sep 30, 2022 | 40.45 Mn |
| Jun 30, 2022 | 38.33 Mn |
| Mar 31, 2022 | 39.95 Mn |
| Dec 31, 2021 | 33.61 Mn |
| Sep 30, 2021 | 31.57 Mn |
| Jun 30, 2021 | 30.22 Mn |