Blackbaud (BLKB) Research & Development (2009 - 2026)
Blackbaud (BLKB) reported Research & Development of $47.3 million for Q1 2026, up 6.06% on a YoY basis from $44.6 million in Q1 2025, and up 5.76% sequentially from $44.8 million in Q4 2025.
Blackbaud (BLKB) Research & Development (2009 - 2026) Analysis & Trends
Blackbaud (BLKB) has 18 years of Research & Development data on file, last reported at $47.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 6.06% year-over-year to $47.3 million; the trailing twelve-month figure through Mar 2026 stood at $162.9 million (up 29.05% YoY), and the FY2025 full-year result was $177.6 million, up 15.54% from the prior year.
- Research & Development advanced to $47.3 million in Q1 2026, from $44.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $102.7 million in Q4 2022 to a low of $6.3 million in Q4 2024.
- A 5-year average of $44.0 million and a median of $40.6 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 814.57% in 2022 and slumped 87.95% in 2024, its largest moves.
- Tracing BLKB's Research & Development over 5 years: stood at $102.7 million in 2022, then slumped by 49.26% to $52.1 million in 2023, then tumbled by 87.95% to $6.3 million in 2024, then soared by 612.88% to $44.8 million in 2025, then advanced by 5.76% to $47.3 million in 2026.
- Business Quant data shows BLKB's Research & Development at $47.3 million in Q1 2026, $44.8 million in Q4 2025, and $37.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Blackbaud | 1.42 Bn | 1.01 Bn | 166.56 Mn | 47.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.35 Mn |
| Dec 31, 2025 | 44.77 Mn |
| Sep 30, 2025 | 37.20 Mn |
| Jun 30, 2025 | 33.60 Mn |
| Mar 31, 2025 | 44.64 Mn |
| Dec 31, 2024 | 6.28 Mn |
| Sep 30, 2024 | 37.92 Mn |
| Jun 30, 2024 | 37.40 Mn |
| Mar 31, 2024 | 40.70 Mn |
| Dec 31, 2023 | 52.12 Mn |
| Sep 30, 2023 | 52.46 Mn |
| Jun 30, 2023 | 36.15 Mn |
| Mar 31, 2023 | 40.59 Mn |
| Dec 31, 2022 | 102.72 Mn |
| Sep 30, 2022 | 56.41 Mn |
| Jun 30, 2022 | 38.33 Mn |
| Mar 31, 2022 | 39.95 Mn |
| Dec 31, 2021 | -14.38 Mn |
| Sep 30, 2021 | 44.70 Mn |
| Jun 30, 2021 | 30.22 Mn |