Blackbaud — Third Quarter 2026 Earnings Summary

Blackbaud reported third-quarter 2026 GAAP total revenue of $292.6 million, representing a 4.1% increase over the prior year period. The company achieved a GAAP operating margin of 20.5% and a non-GAAP operating margin of 32.3%, while non-GAAP diluted earnings per share rose to $1.36. During the quarter, Blackbaud introduced its Platform for Good operating system and unveiled Lantern, a domain-specific AI model for fundraising intelligence developed in collaboration with Databricks. The company reaffirmed its full-year 2026 financial guidance, projecting GAAP revenue between $1.173 billion and $1.179 billion and non-GAAP free cash flow between $280 million and $290 million.