Blackbaud Inc cash flow statement
In fiscal 2025, Blackbaud Inc's operations generated $266m of cash; it spent $7.8m on capital projects, leaving free cash flow of $258m. It returned $217m through buybacks.
Cash flow statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 87 | 56 | 86 | 69 | 107 | 117 | 129 | 154 | 176 | 201 | 182 | 148 | 214 | 204 | 200 | 296 | 266 | 342 |
| Depreciation and amortisation | 16 | 16 | 17 | 32 | 43 | 45 | 56 | 70 | 74 | 80 | 86 | 93 | 82 | 102 | 109 | 122 | 86 | 84 |
| Stock-based pay | 12 | 13 | 15 | 19 | 17 | 17 | 25 | 33 | 41 | 48 | 59 | 87 | 120 | 110 | 128 | 105 | 93 | 91 |
| Capital spending | 6 | 11 | 18 | 21 | 20 | 14 | 19 | 18 | 10 | 15 | 11 | 30 | 12 | 12 | 5 | 7 | 8 | 10 |
| Free cash flow | 81 | 45 | 67 | 48 | 87 | 103 | 111 | 136 | 166 | 187 | 171 | 118 | 202 | 192 | 195 | 289 | 258 | 332 |
| Free cash flow after stock pay | 69 | 32 | 52 | 29 | 70 | 86 | 85 | 103 | 125 | 138 | 112 | 31 | 82 | 81 | 67 | 184 | 165 | 241 |
| Dividends paid | 18 | 19 | 21 | 22 | 22 | 22 | 23 | 23 | 23 | 23 | 24 | 6 | 0 | 0 | — | — | — | — |
| Share buybacks | — | 23 | 0 | 0 | — | — | — | — | — | 0 | 0 | 41 | 108 | 0 | 19 | 418 | 217 | 214 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 74 | 1 | 67 | 139 | 58 | 51 | 91 | 142 |
| Depreciation and amortisation | 30 | 22 | 22 | 21 | 22 | 21 | 21 | 21 |
| Stock-based pay | 29 | 22 | 28 | 23 | 22 | 24 | 23 | 22 |
| Capital spending | 0 | 1 | 1 | 3 | 3 | 2 | 2 | 3 |
| Free cash flow | 73 | 1 | 66 | 136 | 55 | 50 | 89 | 139 |
| Free cash flow after stock pay | 45 | −21 | 39 | 113 | 33 | 26 | 66 | 116 |
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