8/109 sources · 7 publishersUpdated Oct 28, 15:07 UTC
Blackbaud posts Q3 2026 results, AI product launches and reaffirms FY2026 guidance
Blackbaud reported third‑quarter 2026 revenue of $292.6 million, up 4.1% year‑over‑year, with GAAP EPS of $1.02 and non‑GAAP EPS of $1.36. The company unveiled new AI‑driven offerings, including Platform for Good and the Lantern language model, and announced a strategic partnership with BILL. It reaffirmed its full‑year 2026 guidance for revenue of $1.173‑$1.179 billion and non‑GAAP EPS of $5.15‑$5.25.
Why it matters
The guidance range is below consensus estimates, and the stock fell 8.75% in pre‑market trading, indicating investor concern over near‑term growth despite strong margins and cash flow.
Key facts
- 1Q3 2026 total revenue was $292.6 million, a 4.1% increase from the prior year. stocktitan.net
- 2GAAP diluted earnings per share were $1.02, up $0.04 YoY. sec.gov
- 3Non‑GAAP diluted earnings per share were $1.36, up $0.26 YoY. sec.gov
- 4GAAP recurring revenue was $287.0 million, representing 98.1% of total revenue. sec.gov
- 5Full‑year 2026 GAAP revenue guidance is $1.173 billion to $1.179 billion. stocktitan.net
- 6Full‑year 2026 non‑GAAP EPS guidance is $5.15 to $5.25. stocktitan.net
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.