BLACKBAUD INC
Close on Oct 19, 2026
- Market cap
- $2.39B
- P/E (TTM)
- 16.6
- Dividend yield
- –
About Blackbaud
Services-Prepackaged Software, SIC 7372
Blackbaud, Inc. develops and provides cloud-based software and technology solutions designed for social impact organizations. The company offers tools for donor fundraising, constituent relationship management, fund accounting, grantmaking, and education management. Its product portfolio includes platforms such as Raiser's Edge NXT, Financial Edge NXT, JustGiving, and integrated payment processing services. These products serve nonprofits, educational institutions, healthcare organizations, philanthropic foundations, and companies managing corporate social responsibility programs.
Regarding scale and geography, the company maintains an international presence that includes a Global Capability Center in Hyderabad, India. It operates a remote-flexible workforce and is closing its two remaining legacy private data centers while shifting infrastructure to public cloud environments. Originally incorporated in New York, the business later reincorporated in South Carolina and Delaware. The provided report details no specific physical store or office counts and does not disclose the location of the corporate headquarters.
Summary of the business section of Blackbaud's latest annual report, written by StockData.
Company profile
Company
- Legal name
- BLACKBAUD INC
- Founded
- 1982
- Headquarters
- Charleston, SC
- Address
- 65 Fairchild Street 29492
- Phone
- (843) 216-6200
- Website
- www.blackbaud.com
- Employees
- 2,600, Dec 31, 2024
- Industry
- Services-Prepackaged Software
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Raleigh, North Carolina
Stock & identifiers
- Ticker
- BLKB
- Exchange
- Nasdaq
- IPO date
- Jul 26, 2004
- Shares outstanding
- 45M, Jul 27, 2026
- Public float
- $1.71B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1280058
- CUSIP
- 09227Q100
- ISIN
- US09227Q1004
- LEI
- 54930056X3HKFMNG3754
- EIN
- 11-2617163
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael P. Gianoni | President and CEO, Director | 474,629 |
| Chad Anderson | Executive VP and CFO | 76,614 |
| David J. Benjamin | EVP, Chief Commercial Officer | 103,285 |
| Kevin McDearis | EVP & Chief Technology Officer | 117,271 |
| Jon W. Olson | SVP and General Counsel | 58,567 |
| Kevin P. Gregoire | EVP, Chief Operating Officer | 156,775 |
| Anthony W. Boor | Director | 91,789 |
| Andrew M. Leitch | Director | 48,035 |
| Bradley L. Pyburn | Director | 13,103 |
| Deneen DeFiore | Director | 17,903 |
| Kristian Talvitie | Director | 15,887 |
| Don Roger Nanney | Director | 24,453 |
| Rupal S. Hollenbeck | Director | 6,366 |
| Yogesh K. Gupta | Director | 12,266 |
| Sarah E. Nash | Director | 22,123 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Gianoni | $6.02M | $3.84M | $3.15M | $110 | $149 |
| FY2024 Mr. Gianoni | $10.23M | $6.55M | $3.35M | $93 | $211 |
| FY2023 Mr. Gianoni | $9.60M | $18.17M | $3.63M | $109 | $154 |
| FY2022 Mr. Gianoni | $8.82M | $3.45M | $3.65M | $74 | $120 |
| FY2021 Mr. Gianoni | $11.81M | $18.01M | $3.73M | $99 | $145 |
| FY2020 Mr. Gianoni | $9.45M | $5.17M | $2.81M | $72 | $132 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2024, we had approximately 2,600 employees, none of whom are represented by unions or are covered by collective bargaining agreements.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 11, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jan 3, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 14, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 8, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 2, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 7, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 25, 2012 | Tender offer | Third-party tender offer for the company's shares |
| Jul 14, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 9, 2008 | Tender offer | Third-party tender offer for the company's shares |
| May 10, 2007 | Late filing | Notification of late filing |
| Jan 18, 2007 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |