Blackbaud Q2 EPS beats estimates on cost discipline
BLKB•Outlook
- Blackbaud expects FY26 revenue of $1.173 bln to $1.179 bln
- Company sees FY26 adj EBITDA of $430 mln to $438 mln
- Company expects FY26 non-GAAP EPS of $5.15 to $5.25
Overview
- AI-powered social impact platform's Q2 revenue rose 3% but slightly missed analyst expectations
- Adjusted EPS for Q2 beat analyst expectations
- Company repurchased over 6% of shares year-to-date, expects 2026 buybacks to reach up to 10%
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Miss* | $290.60 mln | $292.30 mln (4 Analysts) |
| Q2 Adjusted EPS | Beat | $1.33 | $1.28 (4 Analysts) |
| Q2 Adjusted Net Income | $59.70 mln | ||
| Q2 Adjusted EBITDA | $110.30 mln | ||
| Q2 Adjusted Income From Operations | $94.60 mln | ||
| Q2 Adjusted Operating Margin | 32.60% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Result drivers
- AI investment - Co said ongoing investment in AI and product innovation contributed to operational efficiency and productivity gains
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