Blackbaud, Inc.

BLKBNASDAQTechnology● Active

$27.50

$-0.81(-2.86%)

Market Cap$1.3B

P/E Ratio—

52W High$74.88

52W Low$27.51

Avg Volume625K

Open$28.18

Beta1.01

Overview

Blackbaud, Inc. (BLKB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BLKB · free cash flow · updated Jun 8, 2026

Core FCF metrics

BLKB · FCF · TTM · margin & CAGR

Free cash flow was $257.8M for FY2025 (fiscal year ending 2025-12-31), down 10.7% year-over-year The FCF margin was 22.9%. Five-year CAGR stands at +27.6%.

FY2025 Free Cash Flow$257.8M▼ -10.7% YoY

Trailing 12M (TTM)$292.1Mtrailing 4 quarters sum

FCF Margin22.9%$257.8M ÷ revenue

3-Year CAGR+24.7%FY2022 → FY2025

5-Year CAGR+27.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BLKB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$265.6M(8M)$257.8M▼ 10.7%22.9%

FY2024$296.0M(7M)$288.5M▲ +112.9%25.0%

FY2023$199.6M(64M)$135.5M▲ +2.0%12.3%

FY2022$203.9M(71M)$132.8M▼ 17.8%12.6%

FY2021$213.7M(52M)$161.5M▲ +112.2%17.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BLKB · P/FCF · FCF yield · FCF per share

Blackbaud, Inc. (BLKB) trades at a FCF yield of 22.91% and a price-to-free-cash-flow ratio of 4.5x. FCF per share stands at $6.13, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

22.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.13

TTM FCF ÷ Shares Outstanding

Price / FCF

x4.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BLKB · cash flow statement · operating / investing / financing

For FY2025, Blackbaud, Inc. generated $265.6M in operating cash flow and spent 8M in capital expenditures, yielding $257.8M in free cash flow.

Operating Activities

+$265.6M

Cash from core business operations

2025-12-31

Investing Activities

−$74.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$247.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($265.6M) − |CapEx| (8M) = FCF ($257.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

BLKB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Blackbaud, Inc.YOU

BLKB

$257.8M-10.7%22.8%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Blackbaud, Inc. (BLKB) reported free cash flow of $257.8M for FY2025 (fiscal year ending 2025-12-31), down 10.7% year-over-year. The FCF margin was 22.9%.

Based on available data, Blackbaud, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $288.5M in FY2024. The 5-year CAGR stands at +27.6%.

Blackbaud, Inc.'s FCF yield is 22.91% and price-to-FCF ratio is 4.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BLKB free cash flow · 8 questions

Blackbaud, Inc. free cash flow was $257.8M for FY2025, down 10.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $292.1M.

BLKB free cash flowBLKB FCFBLKB FCF 2025BLKB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Blackbaud, Inc. · Blackbaud, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026