Blackbaud annual free cash flow
2008
2009
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2019
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2021
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2023
2024
2025
Blackbaud Free Cash Flow (FCF) History (BLKB)
Blackbaud reported $257.8M in free cash flow for fiscal 2025, a decrease of 10.66% from the previous fiscal year, with a free cash flow margin of 22.85%.
View full Blackbaud company overviewBlackbaud free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $257.8M | −$30.7M | −10.66% | +22.85% |
| 2024 | 2024-12-31 | $288.5M | $93.6M | +48.00% | +24.99% |
| 2023 | 2023-12-31 | $194.9M | $3.3M | +1.75% | +17.61% |
| 2022 | 2022-12-31 | $191.6M | −$10.4M | −5.15% | +18.11% |
| 2021 | 2021-12-31 | $202.0M | $83.7M | +70.80% | +21.77% |
| 2020 | 2020-12-31 | $118.3M | −$52.7M | −30.83% | +12.95% |
| 2019 | 2019-12-31 | $171.0M | $82.6M | +93.50% | +18.99% |
| 2014 | 2014-12-31 | $88.4M | $1.2M | +1.39% | +15.66% |
| 2013 | 2013-12-31 | $87.2M | $39.0M | +81.07% | +17.30% |
| 2012 | 2012-12-31 | $48.1M | −$19.2M | −28.49% | +10.76% |
| 2011 | 2011-12-31 | $67.3M | $22.0M | +48.63% | +18.15% |
| 2010 | 2010-12-31 | $45.3M | −$36.1M | −44.33% | +13.87% |
| 2009 | 2009-12-31 | $81.4M | $28.7M | +54.61% | +26.29% |
| 2008 | 2008-12-31 | $52.6M | — | — | +17.39% |
Blackbaud quarterly free cash flow
Q3.09
Q1.10
Q2.10
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Q4.10
Q1.11
Q2.11
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Q4.11
Q1.12
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Q3.17
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Q1.21
Q2.21
Q3.21
Q4.21
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Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $88.6M | $22.3M | +33.61% | +30.49% |
| Q1 2026 | 2026-03-31 | $49.8M | $49.1M | +7013.00% | +17.71% |
| Q4 2025 | 2025-12-31 | $55.0M | −$18.3M | −24.98% | +18.64% |
| Q3 2025 | 2025-09-30 | $135.7M | $32.9M | +31.95% | +48.27% |
| Q2 2025 | 2025-06-30 | $66.3M | $18.3M | +38.16% | +23.51% |
| Q1 2025 | 2025-03-31 | $700,000 | −$63.6M | −98.91% | +0.26% |
| Q4 2024 | 2024-12-31 | $73.4M | $77.2M | — | +24.29% |
| Q3 2024 | 2024-09-30 | $102.9M | −$23.7M | −18.71% | +35.89% |
| Q2 2024 | 2024-06-30 | $48.0M | −$3.8M | −7.30% | +16.71% |
| Q1 2024 | 2024-03-31 | $64.3M | $43.9M | +214.55% | +23.08% |
| Q4 2023 | 2023-12-31 | −$3.8M | −$16.1M | — | −1.28% |
| Q3 2023 | 2023-09-30 | $126.5M | $21.5M | +20.45% | +45.57% |
| Q2 2023 | 2023-06-30 | $51.8M | −$2.2M | −4.15% | +19.10% |
| Q1 2023 | 2023-03-31 | $20.4M | $204,000 | +1.01% | +7.81% |
| Q4 2022 | 2022-12-31 | $12.3M | −$28.2M | −69.64% | +4.48% |
| Q3 2022 | 2022-09-30 | $105.0M | $37.4M | +55.23% | +40.20% |
| Q2 2022 | 2022-06-30 | $54.0M | −$13.1M | −19.56% | +20.39% |
| Q1 2022 | 2022-03-31 | $20.2M | −$6.4M | −24.01% | +7.87% |
| Q4 2021 | 2021-12-31 | $40.5M | $5.6M | +16.04% | +16.35% |
| Q3 2021 | 2021-09-30 | $67.7M | $15.9M | +30.80% | +29.26% |
| Q2 2021 | 2021-06-30 | $67.2M | $8.2M | +13.89% | +29.27% |
| Q1 2021 | 2021-03-31 | $26.6M | $54.0M | — | +12.15% |
| Q4 2020 | 2020-12-31 | $34.9M | −$23.5M | −40.24% | +14.40% |
| Q3 2020 | 2020-09-30 | $51.7M | −$22.1M | −29.92% | +24.06% |
| Q2 2020 | 2020-06-30 | $59.0M | $9.1M | +18.23% | +25.42% |
| Q1 2020 | 2020-03-31 | −$27.4M | −$16.2M | — | −12.24% |
| Q4 2019 | 2019-12-31 | $58.5M | −$9.6M | −14.16% | +24.58% |
| Q3 2019 · Sep 30 | 2019-09-30 | $73.8M | $23.0M | +45.20% | +33.38% |
| Q2 2019 · Jun 30 | 2019-06-30 | $49.9M | $43.9M | +733.78% | +22.11% |
| Q1 2019 · Mar 31 | 2019-03-31 | −$11.2M | −$77.2M | — | −5.17% |
| Q3 2019 · Sep 30 | 2018-09-30 | $68.1M | $29.3M | +75.34% | +32.50% |
| Q2 2019 · Jun 30 | 2018-06-30 | $50.8M | $40.8M | +406.09% | +23.79% |
| Q1 2019 · Mar 31 | 2018-03-31 | $6.0M | −$42.5M | −87.67% | +2.93% |
| Q3 2018 | 2017-09-30 | $66.1M | $28.8M | +77.34% | +33.99% |
| Q2 2018 | 2017-06-30 | $38.8M | $39.9M | — | +20.27% |
| Q1 2018 | 2017-03-31 | $10.0M | −$24.4M | −70.80% | +5.43% |
| Q3 2017 | 2016-09-30 | $48.5M | $9.7M | +24.87% | +26.49% |
| Q2 2017 | 2016-06-30 | $37.3M | $35.6M | +2079.18% | +20.68% |
| Q1 2017 | 2016-03-31 | −$1.1M | −$12.3M | — | −0.64% |
| Q3 2015 | 2015-09-30 | $34.4M | −$3.1M | −8.25% | +21.66% |
| Q2 2015 | 2015-06-30 | $38.8M | $7.7M | +24.71% | +24.86% |
| Q1 2015 | 2015-03-31 | $1.7M | −$5.4M | −76.07% | +1.16% |
| Q4 2014 | 2014-12-31 | $11.2M | −$11.4M | −50.47% | +7.32% |
| Q3 2014 | 2014-09-30 | $37.5M | $335,000 | +0.90% | +25.93% |
| Q2 2014 | 2014-06-30 | $31.1M | $10.4M | +50.05% | +22.34% |
| Q1 2014 | 2014-03-31 | $7.1M | $497,000 | +7.48% | +5.60% |
| Q4 2013 | 2013-12-31 | $22.6M | −$1.3M | −5.43% | +16.75% |
| Q3 2013 | 2013-09-30 | $37.2M | $12.3M | +49.47% | +29.06% |
| Q2 2013 | 2013-06-30 | $20.8M | $19.1M | +1125.99% | +16.54% |
| Q1 2013 | 2013-03-31 | $6.6M | $9.0M | — | +5.75% |
| Q4 2012 | 2012-12-31 | $23.9M | $12.2M | +104.45% | +19.90% |
| Q3 2012 | 2012-09-30 | $24.9M | −$116,000 | −0.46% | +20.30% |
| Q2 2012 | 2012-06-30 | $1.7M | −$12.5M | −88.09% | +1.54% |
| Q1 2012 | 2012-03-31 | −$2.3M | −$18.8M | — | −2.44% |
| Q4 2011 | 2011-12-31 | $11.7M | $4.7M | +66.42% | +12.30% |
| Q3 2011 | 2011-09-30 | $25.0M | $4.6M | +22.79% | +26.18% |
| Q2 2011 | 2011-06-30 | $14.2M | −$1.5M | −9.29% | +15.15% |
| Q1 2011 | 2011-03-31 | $16.4M | $14.2M | +627.67% | +18.98% |
| Q4 2010 | 2010-12-31 | $7.0M | −$17.6M | −71.49% | +8.12% |
| Q3 2010 | 2010-09-30 | $20.3M | — | — | +24.44% |
| Q2 2010 | 2010-06-30 | $15.7M | — | — | +19.42% |
| Q1 2010 | 2010-03-31 | $2.3M | — | — | +2.96% |
| Q3 2009 | 2009-09-30 | $24.6M | — | — | +31.09% |
Blackbaud free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $118.3M to $257.8M, a compound annual growth rate of 16.86%. Blackbaud's latest reported quarter, Q2 2026, generated $88.6M in free cash flow, an increase of 33.61% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Blackbaud filings at SEC.gov ↗