Blackbaud, Inc. (BLKB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 51.46M | 58.01M | 139.21M | 66.94M | 1.39M | 73.58M | 103.95M | 53.82M | 64.62M | -3.35M | 127.98M | 53.2M | 21.81M | 14.09M | 108.03M | 57.27M | 24.5M | 43.87M | 69.87M | 69.82M |
| Operating CF Margin % | 18.3% | 19.65% | 49.52% | 23.79% | 0.51% | 24.35% | 36.27% | 18.73% | 23.14% | -1.14% | 46.1% | 19.63% | 8.33% | 5.13% | 41.34% | 21.62% | 9.53% | 17.7% | 30.22% | 30.43% |
| Operating CF Growth % | 3607.42% | -21.16% | 33.92% | 24.39% | -97.85% | 2297.13% | -18.78% | 1.17% | 196.34% | -123.77% | 18.47% | -7.12% | -11.01% | -67.89% | 54.62% | -17.97% | -18.6% | 13.1% | -2.53% | 12.63% |
| Net Income | 31.14M | 36.69M | 47.44M | 25.98M | 4.87M | -334.54M | 20.54M | 21.8M | 5.25M | 5.4M | 9.02M | 2.1M | -14.7M | -21.26M | -10.32M | -3.42M | -10.41M | -7.06M | 6.19M | 6.73M |
| Depreciation & Amortization | 20.55M | 2.79M | 4.1M | 21.7M | 21.65M | 30.8M | 31.07M | 31.09M | 30.09M | 27.86M | 28.43M | 26.81M | 27.27M | 26.3M | 25.32M | 25.74M | 26.19M | 21.93M | 19.74M | 20.28M |
| Stock-Based Compensation | 23.88M | 0 | 21.66M | 27.25M | 22.17M | 28.54M | 18.57M | 24.3M | 33.57M | 32.09M | 32.4M | 33.4M | 29.93M | 26.59M | 27.95M | 27.85M | 27.86M | 30.9M | 28.93M | 30.55M |
| Deferred Taxes | 4.26M | 16.5M | 2.13M | -432K | -221K | 0 | -2.97M | 0 | -12.24M | 6.79M | 0 | 0 | 9.24M | 0 | -5.02M | -9.22M | 0 | -2.83M | 124K | 1.42M |
| Other Non-Cash Items | 1.61M | 41.74M | -121K | 3.62M | -3.9M | 345.46M | 2M | -3.91M | 2.21M | -40.03M | -8.88M | 21.54M | 1.81M | -8.84M | 2.75M | 6.76M | -12.65M | 14.81M | 3.25M | 2.84M |
| Working Capital Changes | -29.98M | -39.71M | 64.01M | -11.17M | -43.18M | 3.32M | 34.73M | -19.47M | 5.73M | -35.47M | 67.01M | -30.66M | -31.74M | -8.71M | 67.35M | 9.57M | -6.49M | -13.88M | 11.64M | 8M |
| Change in Receivables | 3.61M | 1.48M | 62.56M | -69.75M | 4.77M | 3.81M | 53.98M | -56.91M | 3.84M | 1.52M | 64.87M | -70.76M | 1.14M | -17.34M | 60.82M | -59.83M | 9.01M | 12.25M | 8.36M | -37.54M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 19.26M | -20.3M | 5.17M | -3.76M | -4.65M | 10.01M | -824K | -3.94M | 23.09M | 0 | 0 | 0 | 3.36M | 0 | 1.67M | -3.15M | 0 | -20.4M | 8.37M | -5.19M |
| Cash from Investing | -14.47M | -17.63M | -15.97M | -15.44M | -25.89M | -17.08M | -15.61M | -26.21M | -14.51M | -15.22M | -17.64M | -16.2M | -15.33M | -17.76M | -14.07M | -16.78M | -36.93M | -433.28M | -12M | -13.22M |
| Capital Expenditures | -1.67M | -16.93M | -3.49M | -623K | -688K | -208K | -1.12M | -5.86M | -261K | -442K | -1.46M | -1.42M | -1.36M | -1.78M | -18.57M | -17.75M | -4.27M | -3.33M | -2.2M | -2.66M |
| CapEx % of Revenue | 0.59% | 5.73% | 1.24% | 0.22% | 0.25% | 0.07% | 0.39% | 2.04% | 0.09% | 0.15% | 0.53% | 0.52% | 0.52% | 0.65% | 7.11% | 6.7% | 1.66% | 1.34% | 0.95% | 1.16% |
| Acquisitions | 0 | -12.94M | 0 | 0 | 0 | 0 | 0 | 0 | -1.18M | 0 | -13K | 0 | 0 | 33K | 4.5M | 969K | -19.98M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -12.8M | 12.23M | -12.48M | -14.82M | -25.2M | -16.88M | -14.49M | -20.35M | -13.07M | -14.78M | -16.16M | -14.79M | -13.97M | -16.02M | 0 | 0 | -12.68M | -429.95M | -9.8M | -10.56M |
| Cash from Financing | -342.77M | 260.67M | -576.17M | 398.13M | -330.03M | 295.77M | -460.77M | 420.29M | -394.64M | 353.78M | -507.19M | 363.68M | -353.24M | 358.51M | -190.15M | 131.4M | -325.45M | 797.26M | -276.11M | 122.58M |
| Debt Issued (Net) | 64.93M | 44.64M | -94.56M | -46.04M | 130.68M | 73.48M | -21.71M | -15.54M | 260.46M | 36.76M | -104.33M | -31.02M | 17.2M | 2.8M | -86.19M | -41.98M | 25.64M | 432.2M | -17.8M | -6.21M |
| Equity Issued (Net) | -82.1M | -83.81M | -30.13M | -3.17M | -100.03M | -92.63M | -62.81M | -1.76M | -262.6M | -19.13M | -1.88M | -2.27M | 0 | -319K | -648K | -557K | -34.67M | -10.06M | -40.28M | -30.01M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -82.1M | -83.81M | -30.13M | -3.17M | -100.03M | -93.5M | -62.81M | -1.76M | -262.6M | -19.13M | -1.88M | -2.27M | 0 | -319K | 0 | 0 | -34.67M | -10.06M | -40.28M | -30.01M |
| Other Financing | -325.6M | 299.85M | -451.48M | 447.34M | -360.68M | 314.91M | -376.25M | 437.59M | -392.5M | 336.15M | -400.98M | 396.97M | -370.44M | 356.03M | -103.31M | 173.94M | -316.41M | 375.12M | -218.04M | 158.8M |
| Net Change in Cash | -306.21M | 301.54M | -454.37M | 455.17M | -352.87M | 346.78M | -368.38M | 448.24M | -345.39M | 337.57M | -399.64M | 402.18M | -345.78M | 358.59M | 2.38M | -4.76M | -338.38M | 408.05M | -219.14M | 179.94M |
| Free Cash Flow | 49.79M | 55.05M | 135.72M | 51.5M | 700K | 73.37M | 88.34M | 47.96M | 51.29M | -3.79M | 126.52M | 51.78M | 6.47M | 12.31M | 105.03M | 54.02M | 20.24M | 29.71M | 57.86M | 56.6M |
| FCF Margin % | 17.71% | 18.64% | 48.27% | 18.3% | 0.26% | 24.28% | 30.83% | 16.69% | 18.37% | -1.29% | 45.57% | 19.1% | 2.47% | 4.48% | 40.2% | 20.39% | 7.87% | 11.99% | 25.03% | 24.67% |
| FCF Growth % | 7013% | -24.98% | 53.62% | 7.39% | -98.64% | 2035.48% | -30.17% | -7.38% | 692.09% | -130.8% | 20.45% | -4.15% | -68.01% | -58.57% | 81.52% | -4.55% | 16.77% | -14.95% | 11.86% | -4.02% |
| FCF per Share | 1.07 | 1.15 | 2.80 | 1.07 | 0.01 | 1.50 | 1.71 | 0.93 | 0.96 | -0.07 | 2.34 | 0.97 | 0.12 | 0.24 | 2.03 | 1.05 | 0.40 | 0.63 | 1.20 | 1.17 |
| FCF Conversion (FCF/Net Income) | 1.65x | 1.58x | 2.93x | 2.58x | 0.29x | -0.22x | 5.68x | 2.47x | 12.32x | -0.62x | 14.19x | 25.27x | -1.48x | -0.66x | -10.47x | -16.74x | -2.35x | -6.22x | 11.29x | 10.37x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.37M | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |