Blackbaud INC Stock: price and directors' dealings · United States · SEC (Form 4)

About Blackbaud INC

Blackbaud Inc. is a U.S.-listed software company trading on the NASDAQ under the ticker BLKB. Headquartered in Charleston, South Carolina, United States, the company was founded in 1981 and has evolved into a leading niche provider of software for the social impact ecosystem. For investors, Blackbaud stands out as a specialized vertical SaaS platform with recurring revenue characteristics and deep domain expertise in fundraising, donor engagement, nonprofit operations, and mission-driven organizations. ([investor.blackbaud.com](https://investor.blackbaud.com/investor-resources/investor-faqs)) Blackbaud’s customer base includes nonprofit organizations, foundations, educational institutions, healthcare organizations, faith communities, and corporate social responsibility teams. Its software portfolio spans cloud-based fundraising and CRM tools, nonprofit financial management, digital giving, payment processing, grant management, analytics, education management, and impact reporting solutions. According to the company’s 2025 annual report, revenue is primarily generated through contractual recurring revenue, transactional recurring revenue, and one-time services, with contractual recurring revenue largely driven by subscription software, cloud access, AI-enabled functionality, online training, and analytics services. ([investor.blackbaud.com](https://investor.blackbaud.com/static-files/9eff903f-295a-41e5-b178-c70201ca7230)) From a competitive standpoint, Blackbaud’s core advantage is its specialization. Management emphasizes that general-purpose software vendors often do not offer true end-to-end solutions for the specific workflows of social impact organizations, particularly where fundraising, stewardship, grantmaking, and sector-specific reporting are concerned. Blackbaud’s moat therefore rests on vertical depth, embedded sector data, workflow integration, and a cloud-first platform increasingly enhanced by AI capabilities. The company presents itself as a clear leader in social impact software and maintains an international operating footprint built over decades. ([investor.blackbaud.com](https://investor.blackbaud.com/static-files/9eff903f-295a-41e5-b178-c70201ca7230)) Recent developments have been heavily centered on artificial intelligence and operating execution. In 2025 and early 2026, Blackbaud announced a wave of embedded AI capabilities, a dedicated AI agent for the social impact sector, and an industry coalition aimed at promoting responsible AI adoption. The company also reported strong 2025 financial results and entered 2026 with guidance and commentary focused on margin expansion, free cash flow generation, and share repurchases. For French-speaking investors, BLKB is best viewed as a specialized U.S. software platform with structural exposure to digital transformation in the nonprofit and social impact economy, plus an increasingly important AI narrative. ([blackbaud.com](https://www.blackbaud.com/newsroom/article/blackbaud-announces-2025-fourth-quarter-and-full-year-results?utm_source=openai))