---
title: "Blackbaud Inc. posts full year (FY) GAAP operating margin of 16.9%, up 40.4 percentage points, on USD 1.10 billion revenue"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/275454082.md"
datetime: "2026-02-10T12:04:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275454082.md)
  - [en](https://longbridge.com/en/news/275454082.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275454082.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/275454082.md) | [繁體中文](https://longbridge.com/zh-HK/news/275454082.md)


# Blackbaud Inc. posts full year (FY) GAAP operating margin of 16.9%, up 40.4 percentage points, on USD 1.10 billion revenue

Blackbaud Inc. reported its fourth quarter (Q4) 2025 earnings, posting GAAP total revenue of USD 295.3 million, a decline of 2.3%, primarily attributed to the divestiture of EVERFI. GAAP recurring revenue for the period was USD 290.8 million, down 1.8%, representing 98.5% of total revenue. On a non-GAAP basis, organic revenue increased 4.3%, while non-GAAP organic recurring revenue rose 4.8%. GAAP income from operations for Q4 2025 reached USD 59.1 million, with a GAAP operating margin of 20.0%, an increase of 141.6 percentage points. Non-GAAP income from operations was USD 88.7 million, and non-GAAP operating margin stood at 30.0%, up 2.7 percentage points. Management highlighted the company’s focus on long-term strategy and its mission-critical solutions empowered by AI, stating that Blackbaud is well positioned to benefit from the next wave of technological change alongside its customers. The company attributes changes in financial performance mainly to the divestiture of EVERFI and emphasized the relevance of non-GAAP measures in providing insight into ongoing operational performance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackbaud Inc. published the original content used to generate this news brief on February 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### 相关股票

- [BlackBaud (BLKB.US)](https://longbridge.com/zh-CN/quote/BLKB.US.md)

## 相关资讯与研究

- [Blackbaud Earnings Report: Q4 Overview](https://longbridge.com/zh-CN/news/275453475.md)
- [Blackbaud Q4 revenue rises, beats analyst expectations](https://longbridge.com/zh-CN/news/275454987.md)
- [Blackbaud Opens Registration for bbcon 2026 to Rally Social Impact Sector Around AI Innovation | BLKB Stock News](https://longbridge.com/zh-CN/news/280650300.md)
- [2026 Blackbaud Impact Awards to Celebrate Social Impact Organizations Advancing Missions Globally | BLKB Stock News](https://longbridge.com/zh-CN/news/280180508.md)
- [Here's How Much $100 Invested In BlackRock 20 Years Ago Would Be Worth Today](https://longbridge.com/zh-CN/news/281221836.md)