Blackbaud Past Earnings Performance
Past criteria checks 1/6
Blackbaud's earnings have been declining at an average annual rate of -70.6%, while the Software industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 5.2% per year. Blackbaud's return on equity is 0.2%, and it has net margins of 0.2%.
Key information
-70.6%
Earnings growth rate
-70.5%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 5.2% |
| Return on equity | 0.2% |
| Net Margin | 0.2% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Blackbaud makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,105 | 2 | 336 | 153 |
| 30 Sep 23 | 1,085 | -25 | 350 | 153 |
| 30 Jun 23 | 1,069 | -44 | 357 | 155 |
| 31 Mar 23 | 1,063 | -50 | 358 | 158 |
| 31 Dec 22 | 1,058 | -45 | 353 | 157 |
| 30 Sep 22 | 1,031 | -31 | 361 | 152 |
| 30 Jun 22 | 1,001 | -15 | 347 | 143 |
| 31 Mar 22 | 966 | -5 | 337 | 135 |
| 31 Dec 21 | 928 | 6 | 325 | 125 |
| 30 Sep 21 | 922 | -1 | 326 | 118 |
| 30 Jun 21 | 906 | -2 | 330 | 110 |
| 31 Mar 21 | 909 | 3 | 335 | 104 |
| 31 Dec 20 | 913 | 8 | 340 | 100 |
| 30 Sep 20 | 908 | 23 | 338 | 99 |
| 30 Jun 20 | 915 | 22 | 336 | 102 |
| 31 Mar 20 | 908 | 18 | 337 | 103 |
| 31 Dec 19 | 900 | 12 | 338 | 106 |
| 30 Sep 19 | 884 | 20 | 321 | 104 |
| 30 Jun 19 | 872 | 27 | 314 | 102 |
| 31 Mar 19 | 860 | 26 | 304 | 101 |
| 31 Dec 18 | 849 | 45 | 293 | 99 |
| 30 Sep 18 | 845 | 72 | 285 | 98 |
| 30 Jun 18 | 830 | 74 | 276 | 96 |
| 31 Mar 18 | 808 | 78 | 265 | 93 |
| 31 Dec 17 | 788 | 74 | 264 | 90 |
| 30 Sep 17 | 769 | 54 | 247 | 90 |
| 30 Jun 17 | 758 | 50 | 246 | 90 |
| 31 Mar 17 | 747 | 48 | 242 | 90 |
| 31 Dec 16 | 732 | 45 | 230 | 90 |
| 30 Sep 16 | 708 | 31 | 231 | 91 |
| 30 Jun 16 | 684 | 30 | 217 | 89 |
| 31 Mar 16 | 660 | 28 | 205 | 86 |
| 31 Dec 15 | 638 | 26 | 196 | 85 |
| 30 Sep 15 | 615 | 24 | 185 | 85 |
| 30 Jun 15 | 601 | 27 | 177 | 84 |
| 31 Mar 15 | 584 | 29 | 170 | 82 |
| 31 Dec 14 | 564 | 28 | 163 | 77 |
| 30 Sep 14 | 546 | 35 | 155 | 70 |
| 30 Jun 14 | 530 | 34 | 150 | 67 |
| 31 Mar 14 | 516 | 32 | 148 | 66 |
| 31 Dec 13 | 504 | 30 | 147 | 66 |
| 30 Sep 13 | 489 | 22 | 140 | 67 |
| 30 Jun 13 | 484 | 15 | 145 | 69 |
Quality Earnings: BNK has a large one-off loss of $67.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BNK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BNK's earnings have declined by 70.6% per year over the past 5 years.
Accelerating Growth: BNK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BNK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (3.2%).
Return on Equity
High ROE: BNK's Return on Equity (0.2%) is considered low.