Blackbaud Operating Expenses Growth & History (BLKB)
Blackbaud's operating expenses was $472.5M for fiscal 2025.
View full Blackbaud company overviewBlackbaud annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $472.5M | −$430.3M | −47.66% |
| 2024 | 2024-12-31 | $902.8M | $350.1M | +63.34% |
| 2023 | 2023-12-31 | $552.7M | −$28.5M | −4.90% |
| 2022 | 2022-12-31 | $581.2M | $121.6M | +26.45% |
| 2021 | 2021-12-31 | $459.6M | $11.7M | +2.62% |
| 2020 | 2020-12-31 | $447.9M | −$6.9M | −1.53% |
| 2019 | 2019-12-31 | $454.9M | $47.4M | +11.64% |
| 2018 | 2018-12-31 | $407.4M | $49.0M | +13.68% |
| 2017 | 2017-12-31 | $358.4M | — | — |
| 2014 | 2014-12-31 | $244.6M | $25.0M | +11.39% |
| 2013 | 2013-12-31 | $219.6M | −$5.9M | −2.62% |
| 2012 | 2012-12-31 | $225.5M | $62.8M | +38.57% |
| 2011 | 2011-12-31 | $162.7M | $14.3M | +9.67% |
| 2010 | 2010-12-31 | $148.4M | $5.2M | +3.66% |
| 2009 | 2009-12-31 | $143.2M | $4.5M | +3.24% |
| 2008 | 2008-12-31 | $138.7M | — | — |
Blackbaud quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $116.1M | $5.1M | +4.58% |
| Q1 2026 | 2026-03-31 | $115.1M | −$20.3M | −14.99% |
| Q4 2025 | 2025-12-31 | $113.1M | −$416.6M | −78.64% |
| Q3 2025 | 2025-09-30 | $112.9M | −$3.2M | −2.79% |
| Q2 2025 | 2025-06-30 | $111.1M | −$8.4M | −7.06% |
| Q1 2025 | 2025-03-31 | $135.4M | −$2.0M | −1.44% |
| Q4 2024 | 2024-12-31 | $529.7M | $408.7M | +337.71% |
| Q3 2024 | 2024-09-30 | $116.2M | −$17.7M | −13.19% |
| Q2 2024 | 2024-06-30 | $119.5M | −$29.8M | −19.95% |
| Q1 2024 | 2024-03-31 | $137.4M | −$11.2M | −7.53% |
| Q4 2023 | 2023-12-31 | $121.0M | −$33.8M | −21.83% |
| Q3 2023 | 2023-09-30 | $133.8M | −$13.6M | −9.20% |
| Q2 2023 | 2023-06-30 | $149.3M | $10.0M | +7.19% |
| Q1 2023 | 2023-03-31 | $148.6M | $8.8M | +6.33% |
| Q4 2022 | 2022-12-31 | $154.8M | $24.4M | +18.67% |
| Q3 2022 | 2022-09-30 | $147.4M | $35.7M | +31.95% |
| Q2 2022 | 2022-06-30 | $139.3M | $30.9M | +28.56% |
| Q1 2022 | 2022-03-31 | $139.7M | $30.6M | +28.01% |
| Q4 2021 | 2021-12-31 | $130.5M | $6.6M | +5.31% |
| Q3 2021 | 2021-09-30 | $111.7M | $5.5M | +5.14% |
| Q2 2021 | 2021-06-30 | $108.3M | $857,000 | +0.80% |
| Q1 2021 | 2021-03-31 | $109.2M | −$1.2M | −1.06% |
| Q4 2020 | 2020-12-31 | $123.9M | $6.2M | +5.24% |
| Q3 2020 | 2020-09-30 | $106.2M | −$5.2M | −4.68% |
| Q2 2020 | 2020-06-30 | $107.5M | −$3.9M | −3.47% |
| Q1 2020 | 2020-03-31 | $110.3M | −$4.0M | −3.52% |
| Q4 2019 | 2019-12-31 | $117.7M | $14.5M | +14.02% |
| Q3 2019 | 2019-09-30 | $111.4M | $12.9M | +13.12% |
| Q2 2019 | 2019-06-30 | $111.3M | $4.2M | +3.93% |
| Q1 2019 | 2019-03-31 | $114.4M | $15.8M | +16.03% |
| Q4 2018 | 2018-12-31 | $103.2M | $8.2M | +8.65% |
| Q3 2018 | 2018-09-30 | $98.5M | $9.5M | +10.69% |
| Q2 2018 | 2018-06-30 | $107.1M | $19.1M | +21.64% |
| Q1 2018 | 2018-03-31 | $98.6M | $12.2M | +14.19% |
| Q4 2017 | 2017-12-31 | $95.0M | $13.1M | +16.05% |
| Q3 2017 | 2017-09-30 | $89.0M | $2.8M | +3.24% |
| Q2 2017 | 2017-06-30 | $88.1M | $5.1M | +6.17% |
| Q1 2017 | 2017-03-31 | $86.3M | $7.6M | +9.60% |
| Q4 2016 | 2016-12-31 | $81.9M | $1.5M | +1.85% |
| Q3 2016 | 2016-09-30 | $86.2M | $15.5M | +21.98% |
| Q2 2016 | 2016-06-30 | $83.0M | $14.6M | +21.34% |
| Q1 2016 | 2016-03-31 | $78.8M | $11.6M | +17.25% |
| Q4 2015 | 2015-12-31 | $80.4M | $12.4M | +18.29% |
| Q3 2015 | 2015-09-30 | $70.7M | $7.7M | +12.27% |
| Q2 2015 | 2015-06-30 | $68.4M | $9.7M | +16.48% |
| Q1 2015 | 2015-03-31 | $67.2M | $12.2M | +22.09% |
| Q4 2014 | 2014-12-31 | $68.0M | $14.1M | +26.10% |
| Q3 2014 | 2014-09-30 | $62.9M | $9.2M | +17.15% |
| Q2 2014 | 2014-06-30 | $58.7M | $4.2M | +7.63% |
| Q1 2014 | 2014-03-31 | $55.0M | −$2.4M | −4.24% |
| Q4 2013 | 2013-12-31 | $53.9M | −$532,000 | −0.98% |
| Q3 2013 | 2013-09-30 | $53.7M | −$7.4M | −12.14% |
| Q2 2013 | 2013-06-30 | $54.5M | −$7.0M | −11.41% |
| Q1 2013 | 2013-03-31 | $57.5M | $9.1M | +18.75% |
| Q4 2012 | 2012-12-31 | $54.4M | $12.1M | +28.44% |
| Q3 2012 | 2012-09-30 | $61.2M | $21.5M | +54.10% |
| Q2 2012 | 2012-06-30 | $61.6M | $21.6M | +53.88% |
| Q1 2012 | 2012-03-31 | $48.4M | $7.7M | +18.93% |
| Q4 2011 | 2011-12-31 | $42.4M | $3.9M | +10.21% |
| Q3 2011 | 2011-09-30 | $39.7M | $2.9M | +7.77% |
| Q2 2011 | 2011-06-30 | $40.0M | $2.2M | +5.75% |
| Q1 2011 | 2011-03-31 | $40.7M | $4.8M | +13.23% |
| Q4 2010 | 2010-12-31 | $38.4M | — | — |
| Q3 2010 | 2010-09-30 | $36.8M | $2.0M | +5.88% |
| Q2 2010 | 2010-06-30 | $37.8M | $2.8M | +7.85% |
| Q1 2010 | 2010-03-31 | $35.9M | — | — |
| Q3 2009 | 2009-09-30 | $34.8M | — | — |
| Q2 2009 | 2009-06-30 | $35.1M | — | — |
Blackbaud operating expenses trends
Over the last five fiscal years, Blackbaud's operating expenses increased from $447.9M to $472.5M, a change of $24.6M. The latest reported quarter, Q2 2026, shows $116.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Blackbaud source filings ↗