BLACKBAUD INC

Blackbaud, Inc. (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact, serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers. Founded in 1982 and incorporated in Delaware, the company propels impact at scale through intelligent solutions for fundraising and engagement, education, financial management, and grantmaking. More information is available at www.blackbaud.com.

The company operates through a comprehensive suite of integrated cloud-based software solutions and services designed specifically for the unique workflows of social impact organizations. Its flagship products include Raiser's Edge NXT for fundraising and relationship management, Financial Edge NXT for fund accounting and compliance, Tuition Management for K-12 schools, and Grantmaking for foundations and funders. Additional offerings span education solutions including student information systems and learning management platforms, consumer giving through JustGiving, and corporate social responsibility tools like YourCause. The company also provides payment processing services, data intelligence and predictive analytics, professional services, training, and customer support.

Revenue is diversified across contractual recurring revenue, which represents approximately 64 percent of total revenue and includes subscription-based software arrangements typically structured as three-year contracts with embedded price increases, and transactional recurring revenue at approximately 34 percent, driven primarily by donation processing, consumer giving, tuition management, and event-based usage. The remaining revenue comes from professional services and other sources.

Blackbaud's competitive advantages include its proprietary philanthropic dataset, comprehensive integrated product suite, deep domain expertise spanning over four decades, and embedded AI capabilities throughout its platform. The company operates a global workforce with significant presence in the United States, United Kingdom, Canada, and Australia, supported by a Global Capability Center in Hyderabad, India. Its direct sales force includes approximately 170 sales employees complemented by sales development representatives and a partner program. The company maintains a large customer base across nonprofits, foundations, educational institutions, and corporate social responsibility programs globally, supported by its annual user conference bbcon and extensive thought leadership initiatives through the Blackbaud Institute.