Core Viewpoint - Blackbaud has raised its full-year 2025 financial guidance due to strong performance in the first half of the year, demonstrating significant improvement in growth and profitability since 2020 [1][4][2]. Financial Performance - For the second quarter of 2025, GAAP total revenue was $281.4 million, a decrease of 2.1% compared to the same period in 2024, primarily due to the divestiture of EVERFI. Non-GAAP organic revenue increased by 6.8% [6][29]. - GAAP recurring revenue was $275.6 million, down 2.0%, representing 98.0% of total revenue, while non-GAAP organic recurring revenue rose by 6.9% [6][29]. - GAAP income from operations was $56.7 million, with a GAAP operating margin of 20.1%, an increase of 540 basis points. Non-GAAP income from operations was $94.3 million, with a non-GAAP operating margin of 33.5%, an increase of 350 basis points [6][29]. - GAAP net income was $26.0 million, with GAAP diluted earnings per share of $0.54, up $0.12 per share. Non-GAAP net income was $58.2 million, with non-GAAP diluted earnings per share of $1.21, up $0.13 per share [6][29]. - Non-GAAP adjusted EBITDA was $108.5 million, up $5.9 million, with a non-GAAP adjusted EBITDA margin of 38.5%, an increase of 280 basis points [6][29]. Financial Guidance - The company has updated its full-year 2025 financial guidance, projecting GAAP revenue between $1.120 billion and $1.130 billion, non-GAAP adjusted EBITDA margin of 35.4% to 36.2%, and non-GAAP earnings per share of $4.30 to $4.50 [7][8]. - Non-GAAP adjusted free cash flow is expected to be between $190 million and $200 million [8]. Recent Highlights - Blackbaud's Rule of 40 score reached 45.3%, indicating strong operational performance [6][29]. - As of June 30, 2025, the company had approximately $545 million remaining under its common stock repurchase program [10]. Company Overview - Blackbaud is a leading software provider dedicated to powering social impact, serving nonprofit and education sectors, and has raised over $100 billion through its platforms annually [12].

CHARLESTON, S.C., July 15, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its second quarter 2025 financial results on Wednesday, July 30, before the U.S. financial markets open for trading. In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET to discuss the company's financial results. Event: Blackbaud's Second Quarter 2025 Financial Results Conference Call Date: Wednesday, July 30, 2025 Time: 8 ...

Core Insights - Blackbaud has been recognized as one of the World's Greenest Companies 2025 by Newsweek and Plant-A Insights Group, highlighting its commitment to sustainability and social impact [1][2] - The recognition is based on a comprehensive analysis of sustainability data from over 8,000 companies, with only 750 making the final list, emphasizing Blackbaud's strong environmental performance [2][3] Company Commitment to Sustainability - Blackbaud has a long-standing commitment to sustainability, focusing on reducing greenhouse gas emissions and supporting customers in their sustainability efforts [2][3] - The company has achieved a 90% reduction in global greenhouse gas emissions since 2019, showcasing its dedication to decarbonization [6] Recognition and Awards - In addition to being named one of the World's Greenest Companies, Blackbaud has also been included in Newsweek's America's Most Responsible Companies 2025 and USA Today's America's Climate Leaders 2024 lists [3] - The company's software solutions have facilitated over $100 billion raised, granted, or managed annually, demonstrating its significant impact in the nonprofit and education sectors [4] Operational Scope - Blackbaud operates as a remote-first company with a presence in the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [4]

Core Insights - Blackbaud has announced the promotion of Chad Anderson to executive vice president and chief financial officer (CFO), succeeding Tony Boor who served as CFO for 14 years [1][2][3] - Tony Boor will transition to a new role as executive vice president of corporate development and strategy, focusing on long-term value and enterprise-wide strategies [1][2] - Chad Anderson has been with Blackbaud for 12 years and has played a significant role in modernizing the financial organization and driving critical initiatives for the company's future [2][3] Company Overview - Blackbaud is a leading software provider dedicated to powering social impact, serving nonprofit and education sectors, and companies committed to social responsibility [4] - The company has raised, granted, or managed over $100 billion through its platforms annually, supporting millions of users in over 100 countries [4] - Blackbaud has received recognition from Newsweek, Quartz, and Forbes for its responsible business practices and employee satisfaction [4]