BLKB Blackbaud, Inc. - Common Stock
NASDAQ · Technology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 29, 2026BLKB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
BLKB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
About Blackbaud, Inc. - Common Stock Company overview from Wikipedia
Blackbaud, Inc. is an American cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.
Blackbaud's flagship product is a fundraising SQL database software, Raiser's Edge. Revenue from the sale of Raiser's Edge and related services accounted for thirty percent of Blackbaud's total revenue in 2012. Other products and services include Blackbaud Enterprise CRM, Altru, Financial Edge, Education Edge, Blackbaud NetCommunity, eTapestry, Luminate Online, Luminate CRM, Friends Asking Friends. In addition, Blackbaud offers consultancy services to nonprofit organizations.
Blackbaud was founded in 1981 by Anthony Bakker. The company is headquartered in Charleston, South Carolina. Blackbaud went to a remote-first approach for employees in 2021, closing all of its regional offices while keeping its Charleston headquarters.
Mike Gianoni is Blackbaud's CEO.
History
Blackbaud's history traces back to 1981, when Blackbaud founder Anthony Bakker developed a computerized billing system for the Nightingale-Bamford School in Manhattan, New York City. By 1982, Bakker's expanded client list allowed him to quit his day job as a banker, and he incorporated Blackbaud Microsystems. Bakker's new company was headquartered in New York City. Blackbaud's first product was Student Billing, an accounts receivable system geared toward private grade schools. The company's flagship product, The Raiser's Edge, was developed from its Student Billing product.
The company had 75 employees in 1989, when it decided to relocate from New York City due to high operational costs. Blackbaud relocated to Mount Pleasant, South Carolina, with the help of a $750,000 business loan. Of the company's original 75 employees, 30 remained in a support and training office in New York City and 15 relocated to Blackbaud's new South Carolina headquarters. In 1992, the company outgrew its Mount Pleasant headquarters and relocated to North Charleston, South Carolina.
In 1994, Blackbaud converted its software from MS-DOS to Windows 95. This decision led to a sales increase from $19 million in 1995 to $26 million in 1996. During this time Blackbaud acquired multiple MS-DOS-based competitors, including ACOMS of Burlington, Massachusetts; Master Systems Inc. of Pinole, California; and Blackbaud's "chief challenger", Master Software of Indianapolis, Indiana. Blackbaud's acquisition of Master Software doubled its customer base.
Blackbaud began using value-added resellers in 1998, which further expanded the company's customer base. In 2000, Robert Sywolski became CEO of Blackbaud. Sywolski had previously served as CEO of North American operations for Cap Gemini, an international consulting firm.
Blackbaud successfully completed its initial public offering in 2004. Sixteen months later, in November 2005, Marc Chardon replaced Sywolski as Blackbaud CEO. Chardon had previously served as chief financial officer of Microsoft's information worker group, which developed Microsoft Office among other products.
Blackbaud acquired Campagne Associates in 2006. The company added both Target Software and Target Analysis Group in 2007. Target Software developed large-scale database management solutions, while the Target Analysis Group focused primarily on data mining for nonprofits. Later that year, Blackbaud also acquired eTapestry, an online donor management tool.
Blackbaud acquired Kintera in 2008. In 2012, the company acquired Convio.
In early 2013, Blackbaud announced that CEO Marc Chardon would leave the company by the end of that year. Anthony Boor became Blackbaud's interim CEO in August 2013. Boor joined Blackbaud as the company's chief financial officer in 2011. He was credited with leading Blackbaud's acquisition of Convio.
Mike Gianoni was named the new president and CEO for Blackbaud in November 2013.
Blackbaud acquired MicroEdge in 2014 for $160 million. MicroEdge was a software provider to foundations, with about 2,000 customers.
In October 2017, Blackbaud completed a £95m, about $127.4 million, purchase of JustGiving.
In April 2018, Blackbaud acquired Reeher, a St. Paul, Minnesota-based predictive modeling platform for colleges and universities, for $40 million.
In January 2019, Blackbaud acquired YourCause, a software as a service (SaaS) provider focused on increasing corporate giving and volunteering for nonprofits and causes.
In 2022, Blackbaud acquired the education and social impact tech firm EverFi for $750 million.
In December 2025, Blackbaud announced a partnership with Anthropic to provide a fundraising connector for Claude for Nonprofits, an initiative aimed at enhancing how nonprofit organizations use artificial intelligence to increase their impact.
Cyber attack
In May 2020, Blackbaud fell victim to a cyber attack. Customer data was stolen, and Blackbaud paid the criminals a ransom in exchange for "credible confirmation" that the stolen data was deleted. Blackbaud never verified, however, that the hacker actually deleted the stolen data, according to the FTC complaint.
Over 13,000 customers were affected, including at least twenty universities and charities based in the United Kingdom, the United States, the Netherlands and Canada. Blackbaud externally disclosed the incident in July 2020, weeks after the company learned about the attack. Blackbaud received criticism for paying the hackers' ransom, failure to confirm the deletion of stolen data, and its delay in disclosing the attack, as large data breaches must be reported to data authorities within 72 hours of learning about an incident under European General Data Protection Regulations.
In a September 29, 2020 Form 8-K filing, Blackbaud CFO Tony Boor admitted, contrary to earlier claims, that Blackbaud customer "bank account information, social security numbers, usernames and/or passwords" were compromised.
In their quarterly filing to the SEC in August 2020, the company failed to disclose that donor bank account information and Social Security numbers had been accessed by the attacker. In March 2023, the SEC fined Blackbaud $3 million for this omission.
In October 2023, Blackbaud settled claims arising from the 2020 ransomware attack with 49 US states (excluding California) and the District of Columbia for $49.5M. The agreement also mandates enhanced breach notification processes, extra cybersecurity training, improved encryption, and external compliance evaluations.
In February 2024, the FTC announced a settlement with Blackbaud to improve its data handling. According to Samuel Levine, Director of the FTC’s Bureau of Consumer Protection, the originating complaint was caused by "Blackbaud’s shoddy security and data retention practices which allowed a hacker to obtain sensitive personal data about millions of consumers." The settlement included establishing a data retention policy and deleting unneeded personal information, and to update its data protection practices.
Blackbaud faces class actions from clients in South Carolina and Massachusetts.
Products
Blackbaud creates and acquires software meant to help nonprofits with Customer Relationship Management (CRM), marketing campaigns, fundraising, finance and accounting, and analytics.
Blackbaud offers several distinct CRM products serving nonprofit organizations of varying sizes and operational complexity. These include The Raiser's Edge NXT, Blackbaud CRM, and Luminate CRM. The Raiser's Edge NXT is a cloud-based fundraising CRM focused on donor management and engagement.
Blackbaud also provides Financial Edge NXT, a cloud-based fund accounting system.
Philanthropy
Blackbaud has an extensive corporate citizenship and philanthropy program. Volunteer for Vacation is an employee initiative, where the company gives paid vacation to employees who participate in volunteer community service. The company's Reward your Passion initiative allows employees to apply for company-funded grants that help a charity of their choice. In 2013, the company expanded its grant program to include locations beyond its Charleston, South Carolina headquarters. Later that year, Blackbaud launched Business Doing Good, a website that is focused on providing information for small and medium-sized businesses to create their own corporate philanthropy programs. The company also hosts volunteer fairs and other community service events throughout the year.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | BLKB | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 13.1 | · | 30.9 | Undervalued | |
| P/S (TTM) | 1.7 | · | 3.5 | Undervalued | |
| P/B (MRQ) | 28.4 | · | 8.9 | Overvalued | |
| EV / EBITDA | 15.8 | · | · | · | |
| Price / FCF (TTM) | 5.8 | · | · | · | |
| Price / Cash Flow (TTM) | 5.6 | · | 27.0 | Undervalued | |
| EV / Revenue | 2.7 | · | · | · | |
| EV / FCF | 11.7 | · | · | · | |
| Price / Tangible Book (MRQ) | -72.1 | · | · | · | |
| PEG Ratio | ≈0.2 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | BLKB | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 59.6% | · | 62.6% | Weak | |
| Operating Margin (TTM) | 19.8% | · | -0.77% | Top tier | |
| EBITDA Margin | 16.9% | · | -0.77% | Top tier | |
| Pretax Margin (TTM) | 14.9% | · | -0.44% | Top tier | |
| Net Profit Margin (TTM) | 13.1% | · | 2.1% | Top tier | |
| ROA (TTM) | 5.8% | · | 0.59% | Top tier | |
| ROE (TTM) | 194.4% | · | 2.8% | Top tier | |
| ROIC | 13.9% | · | 0.51% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | BLKB | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 17.2 | · | 0.4 | High debt | |
| Current Ratio (MRQ) | 0.8 | · | 2.4 | Low liquidity | |
| Quick Ratio | 0.1 | · | 1.3 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 16.8 | · | 0.8 | High debt | |
| Interest Coverage | 2.8 | · | -9.1 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | BLKB | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | -2.3% | · | · | · | |
| Revenue CAGR 3Y | 2.2% | · | · | · | |
| Revenue CAGR 5Y | 4.3% | · | · | · | |
| EPS CAGR 3Y | -27.9% | · | · | · | |
| EPS CAGR 5Y | 71.5% | · | · | · | |
| Net Income CAGR 3Y | -26.9% | · | · | · | |
| Net Income CAGR 5Y | 71.6% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | BLKB | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.4 | · | 0.6 | Weak | |
| Receivables Turnover | 10.0 | · | 8.0 | Top tier | |
| Revenue / Employee | ≈$403.0K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Feb 27, 2020 | $0.12 | USD | ≈0.69% |
| Nov 26, 2019 | $0.12 | USD | ≈0.58% |
| Aug 27, 2019 | $0.12 | USD | ≈0.55% |
| May 24, 2019 | $0.12 | USD | ≈0.62% |
| Feb 26, 2019 | $0.12 | USD | ≈0.62% |
| Nov 27, 2018 | $0.12 | USD | ≈0.68% |
| Aug 27, 2018 | $0.12 | USD | ≈0.47% |
| May 24, 2018 | $0.12 | USD | ≈0.49% |
| Feb 27, 2018 | $0.12 | USD | ≈0.46% |
| Nov 27, 2017 | $0.12 | USD | ≈0.47% |
| Aug 24, 2017 | $0.12 | USD | ≈0.58% |
| May 24, 2017 | $0.12 | USD | ≈0.58% |
| Feb 24, 2017 | $0.12 | USD | ≈0.66% |
| Nov 21, 2016 | $0.12 | USD | ≈0.72% |
| Aug 24, 2016 | $0.12 | USD | ≈0.71% |
| May 25, 2016 | $0.12 | USD | ≈0.78% |
| Feb 24, 2016 | $0.12 | USD | ≈0.85% |
| Nov 23, 2015 | $0.12 | USD | ≈0.79% |
| Aug 26, 2015 | $0.12 | USD | ≈0.82% |
| May 26, 2015 | $0.12 | USD | ≈0.94% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 28, 2026 | $1.33 | $1.30 | 2.1% |
| March 31, 2026 | $1.14 | $1.14 | 0.01% | |
| Dec. 31, 2025 | $1.19 | $1.16 | 2.8% | |
| Sept. 30, 2025 | $1.10 | $1.09 | 0.79% | |
| June 30, 2025 | $1.21 | $1.08 | 12.3% | |
| March 31, 2025 | $0.96 | $0.92 | 4.9% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.15B | $1.11B | $1.06B | $928M | $913M | $900M | · | $788M | $731M | $638M | $564M | |
| Cost of Revenue | $465M | $523M | $508M | $505M | $443M | $428M | $418M | $382M | $362M | $339M | $305M | $273M | |
| Gross Profit | $663M | $631M | $599M | $553M | $485M | $485M | $482M | $467M | $427M | $392M | $333M | $291M | |
| R&D Expense | $138M | $154M | $147M | $157M | $125M | $100M | $106M | $99M | $90M | $90M | $85M | $77M | |
| SG&A Expense | $155M | $143M | $190M | $200M | $146M | $135M | $113M | $106M | $95M | $81M | $76M | $58M | |
| Operating Expenses | $473M | $903M | $553M | $581M | $460M | $448M | $455M | $407M | $358M | $324M | $287M | $245M | |
| Operating Income | $191M | $-271M | $46M | $-28M | $25M | $37M | $27M | $59M | $68M | $68M | $47M | $46M | |
| Interest Expense | $68M | $56M | $40M | $36M | $18M | $17M | $21M | $16M | $12M | $11M | $8M | $6M | |
| Interest Income | $8M | $10M | $9M | $2M | $392.0K | $2M | $3M | $2M | $993.0K | $581.0K | $155.0K | $59.0K | |
| Other Non-op | $4M | $4M | $4M | $2M | $1M | $1M | $1M | $-905.0K | $1M | $-872.0K | $134.0K | $-182.0K | |
| Pretax Income | $132M | $-312M | $19M | $-56M | $7M | $22M | $11M | $45M | $58M | $57M | $37M | $39M | |
| Income Tax | $17M | $-13M | $16M | $-10M | $1M | $14M | $-1M | $-219.0K | $-15M | $12M | $11M | $11M | |
| Net Income | $115M | $-300M | $3M | $-45M | $6M | $8M | $12M | $45M | $74M | $45M | $26M | $28M | |
| EPS (Basic) | $2.41 | $-5.92 | $0.06 | $-0.88 | $0.12 | $0.16 | $0.25 | $0.95 | $1.58 | $0.98 | $0.56 | $0.63 | |
| EPS (Diluted) | $2.37 | $-5.92 | $0.06 | $-0.88 | $0.12 | $0.16 | $0.25 | $0.93 | $1.54 | $0.96 | $0.55 | $0.62 | |
| Shares (Basic) | 47,680,184 | 50,560,538 | 52,546,406 | 51,569,148 | 47,412,306 | 48,184,714 | 47,695,383 | 47,206,669 | 46,669,440 | 46,132,389 | 45,623,854 | 45,215,138 | |
| Shares (Diluted) | 48,469,961 | 50,560,538 | 53,721,342 | 51,569,148 | 48,230,438 | 48,696,341 | 48,312,271 | 48,045,084 | 47,775,702 | 47,316,538 | 46,498,704 | 45,799,874 | |
| EBITDA | $191M | · | $45M | $-28M | $25M | $37M | $27M | $59M | $64M | $62M | $47M | $46M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $39M | $68M | $31M | $32M | $55M | $36M | $32M | $31M | $30M | $17M | $15M | $15M | |
| Receivables | $81M | $84M | $102M | $103M | $103M | $95M | $89M | $87M | $96M | $88M | $80M | $78M | |
| Prepaid Expense | $89M | $82M | $99M | $82M | $96M | $78M | $68M | $60M | $62M | $54M | $49M | $40M | |
| Current Assets | $930M | $977M | $930M | $919M | $851M | $819M | $735M | $598M | $799M | $508M | $399M | $288M | |
| PP&E (Net) | $85M | $92M | $99M | $107M | $111M | $105M | $36M | $40M | $42M | $50M | $53M | $50M | |
| PP&E (Gross) | $135M | $158M | $172M | $171M | $170M | $175M | $140M | $148M | $146M | $146M | $135M | $117M | |
| Accum. Depreciation | $50M | $66M | $74M | $63M | $59M | $70M | $104M | $108M | $104M | $96M | $82M | $67M | |
| Goodwill | $1.06B | $1.05B | $1.05B | $1.05B | $1.06B | $636M | $634M | $545M | $530M | $438M | $436M | $349M | |
| Intangibles | $107M | $133M | $582M | $635M | $698M | $278M | $318M | $292M | $315M | $254M | $295M | $229M | |
| Other Non-current Assets | $56M | $67M | $51M | $94M | $77M | $73M | $65M | $65M | $57M | $52M | $21M | $18M | |
| Total Assets | $2.39B | $2.50B | $2.91B | $2.99B | $2.97B | $2.04B | $1.99B | $1.62B | $1.80B | $1.31B | $1.22B | $943M | |
| Current Liabilities | $1.18B | $1.25B | $1.20B | $1.23B | $1.11B | $1.01B | $989M | $806M | $975M | $680M | $566M | $421M | |
| Capital Leases | $5M | $34M | $40M | $45M | $53M | $17M | $96M | $0 | · | · | · | · | |
| Deferred Tax | $22M | $25M | $93M | $126M | $148M | $54M | $45M | $44M | $48M | $43M | $28M | $44M | |
| Other Non-current Liabilities | $12M | $5M | $10M | $4M | $1M | $11M | $6M | $9M | $6M | $9M | $8M | $7M | |
| Total Liabilities | $2.31B | $2.37B | $2.10B | $2.25B | $2.25B | $1.62B | $1.60B | $1.24B | $1.46B | $1.06B | $1.01B | $757M | |
| Long-term Debt | $1.11B | $1.08B | $781M | $862M | $961M | $534M | $468M | $387M | $438M | $342M | $408M | $282M | |
| Total Debt | $1.11B | · | $780M | $859M | $956M | $531M | $467M | · | · | · | · | $281M | |
| Common Stock | $72.0K | $71.0K | $69.0K | $68.0K | $66.0K | $61.0K | $60.0K | $59.0K | $59.0K | $58.0K | $57.0K | $56.0K | |
| Retained Earnings | $16M | $-99M | $200M | $197M | $242M | $237M | $235M | $246M | $225M | $174M | $135M | $132M | |
| Treasury Stock | $1.32B | $1.06B | $592M | $537M | $501M | $353M | $291M | $267M | $239M | $215M | $200M | $190M | |
| AOCI | $-6M | $-5M | $-2M | $9M | $7M | $-2M | $-5M | $-5M | $-642.0K | $-604.0K | $-825.0K | $-1M | |
| Stockholders' Equity | $85M | $127M | $810M | $744M | $717M | $426M | $397M | $374M | $336M | $269M | $211M | $186M | |
| Liabilities + Equity | $2.39B | $2.50B | $2.91B | $2.99B | $2.97B | $2.04B | $1.99B | $1.62B | $1.80B | $1.31B | $1.22B | $943M | |
| Shares Outstanding | 46,705,325 | 49,245,588 | 53,625,440 | 53,068,814 | · | · | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $86M | $122M | $109M | $102M | $82M | $93M | $86M | $80M | $74M | $70M | $56M | $45M | |
| Stock-based Comp | $93M | $105M | $128M | $110M | $120M | $87M | $59M | $48M | $41M | $33M | $25M | $17M | |
| Deferred Tax | $-181.0K | $-70M | $-24M | $-27M | $-2M | $9M | $-4M | $-619.0K | $-18M | $5M | $3M | $3M | |
| Amort. of Intangibles | $2M | $4M | $3M | $3M | $2M | $3M | $5M | $5M | $3M | $3M | $2M | $2M | |
| Restructuring | · | · | $0 | $0 | $263.0K | $236.0K | $6M | $5M | $794.0K | $0 | $0 | $0 | |
| Operating Cash Flow | $266M | $296M | $200M | $204M | $214M | $148M | $182M | $201M | $176M | $154M | $129M | $117M | |
| CapEx | $8M | $7M | $5M | $12M | $12M | $30M | $11M | $15M | $10M | $18M | $19M | $14M | |
| Investing Cash Flow | $-75M | $-73M | $-64M | $-86M | $-471M | $-72M | $-167M | $-98M | $-185M | $-47M | $-141M | $-211M | |
| Stock Repurchased | $217M | $418M | $19M | $0 | $108M | $41M | $0 | $0 | · | · | · | · | |
| Net Stock Activity | $-217M | · | $-19M | $0 | $-108M | $-41M | · | · | · | · | · | · | |
| Dividends Paid | · | · | · | $0 | $0 | $6M | $24M | $23M | $23M | $23M | $23M | $22M | |
| Financing Cash Flow | $-247M | $-139M | $-143M | $-26M | $264M | $-11M | $111M | $-292M | $279M | $-9M | $130M | $97M | |
| Net Change in Cash | $-51M | $81M | $-6M | $82M | $7M | $68M | $127M | $-190M | $270M | $100M | $115M | $3M | |
| Taxes Paid | $28M | $61M | $36M | $10M | $10M | $4M | $383.0K | $-7M | $-6M | $-1M | $-5M | $-10M | |
| Free Cash Flow | $258M | · | $195M | $192M | $202M | $118M | $171M | $187M | $166M | $136M | $96M | $88M | |
| Levered FCF | $198M | · | $191M | $162M | $188M | $112M | $148M | $171M | $151M | $127M | $90M | $84M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.8% | · | 54.6% | 52.2% | 52.2% | · | · | · | 54.1% | 53.6% | 52.2% | 51.5% | |
| Operating Margin | 16.9% | · | 4.0% | -2.7% | 2.7% | · | · | · | 8.1% | 8.5% | 7.3% | 8.2% | |
| Net Margin | 10.2% | · | 0.16% | -4.3% | 0.61% | · | · | · | 8.4% | 5.7% | 4.0% | 5.0% | |
| Pretax Margin | 11.7% | · | 1.6% | -5.2% | 0.76% | · | · | · | 6.9% | 7.0% | 5.8% | 7.0% | |
| EBITDA Margin | 16.9% | · | 4.0% | -2.7% | 2.7% | · | · | · | 8.1% | 8.5% | 7.3% | 8.2% | |
| ROA | 4.6% | · | 0.06% | -1.5% | 0.23% | 0.38% | 0.66% | · | · | · | · | 3.4% | |
| ROE | 145.7% | · | 0.23% | -6.2% | 1.0% | 1.8% | 3.1% | · | · | · | · | 16.3% | |
| ROIC | 13.9% | · | 0.29% | -1.5% | 1.2% | 1.4% | 3.5% | · | · | · | · | 7.2% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | · | 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | · | · | · | · | 0.7 | |
| Quick Ratio | 0.1 | · | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | · | · | · | · | 0.2 | |
| Debt / Equity | 13.0 | · | 1.0 | 1.2 | 1.3 | 1.2 | 1.2 | · | · | · | · | 1.5 | |
| LT Debt / Equity | 12.8 | · | 0.9 | 1.1 | 1.3 | 1.2 | 1.2 | · | · | · | · | 1.5 | |
| Interest Coverage | 2.8 | · | 1.1 | -0.8 | 1.4 | 2.2 | 1.3 | 3.7 | 5.3 | 5.8 | 5.8 | 7.7 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | · | 0.4 | 0.4 | 0.4 | · | · | · | · | · | · | 0.7 | |
| Receivables Turnover | 10.0 | · | 10.8 | 10.3 | 9.4 | · | · | · | · | · | · | 7.8 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $1.82 | · | $15.08 | · | · | · | · | · | · | · | · | · | |
| Revenue / Share | $23.28 | · | $20.58 | $20.52 | $19.24 | · | · | · | $16.50 | $15.45 | $13.72 | $12.32 | |
| Cash Flow / Share | $5.48 | · | $3.72 | $3.95 | $4.43 | $3.04 | $3.78 | $4.19 | $3.69 | $3.25 | $2.46 | $2.23 | |
| Cash / Share | $0.83 | · | $0.58 | · | · | · | · | · | · | · | · | · | |
| Dividend Paid / Share | · | · | · | · | · | $0.12 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | |
| EPS (TTM) | $2.37 | $-5.92 | $0.06 | $-0.88 | $0.12 | $0.16 | $0.25 | $0.93 | $1.54 | $0.96 | $0.55 | $0.62 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -2.3% | 4.3% | 4.6% | 14.1% | 1.6% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 2.2% | 7.6% | 6.6% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.3% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | · | · | · | · | -25.0% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | · | · | -27.9% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 71.5% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | · | · | · | · | -26.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | · | · | -26.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 71.6% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.13B | $1.15B | $1.11B | $1.06B | $928M | $913M | $900M | $849M | $788M | $731M | $638M | $564M | |
| Net Income TTM | $115M | $-300M | $3M | $-45M | $6M | $8M | $12M | $45M | $74M | $45M | $26M | $28M | |
| Market Cap | $2.96B | · | $4.65B | · | · | · | · | · | · | · | · | · | |
| Enterprise Value | $4.03B | · | $5.40B | · | · | · | · | · | · | · | · | · | |
| P/E | 26.7 | -12.5 | 1445.0 | -66.9 | 658.2 | 359.8 | 318.4 | 67.6 | 61.4 | 66.7 | 119.7 | 69.8 | |
| P/S | 2.6 | · | 4.2 | · | · | · | · | · | · | · | · | · | |
| P/B | 34.8 | · | 5.7 | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 11.1 | · | 23.3 | · | · | · | · | · | · | · | · | · | |
| P / FCF | 11.5 | · | 23.8 | · | · | · | · | · | · | · | · | · | |
| EV / EBITDA | 21.1 | · | 120.7 | · | · | · | · | · | · | · | · | · | |
| EV / FCF | 15.6 | · | 27.7 | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | 3.6 | · | 4.9 | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 3.7% | -8.0% | 0.07% | -1.5% | 0.15% | 0.28% | 0.31% | 1.5% | 1.6% | 1.5% | 0.84% | 1.4% | |
| Payout Ratio | · | · | · | 0.00% | 0.00% | 77.2% | 198.2% | 52.0% | 35.0% | 54.9% | 87.8% | 78.1% | |
| Annual Payout | · | · | · | $0 | $0 | $6M | $24M | $23M | $23M | $23M | $23M | $22M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $291M | $281M | $295M | $281M | $282M | $270M | $302M | $287M | $287M | $279M | $297M | $278M | $271M | $262M | $275M | $261M | |
| Cost of Revenue | $112M | $115M | $123M | $114M | $114M | $115M | $140M | $129M | $126M | $128M | $142M | $122M | $121M | $123M | $135M | $121M | |
| Gross Profit | $178M | $167M | $172M | $167M | $168M | $155M | $163M | $157M | $161M | $151M | $155M | $156M | $150M | $139M | $139M | $140M | |
| R&D Expense | $35M | $37M | $34M | $37M | $34M | $34M | $38M | $38M | $37M | $41M | $33M | $38M | $36M | $41M | $38M | $40M | |
| SG&A Expense | $34M | $30M | $34M | $31M | $33M | $57M | $36M | $28M | $34M | $45M | $35M | $43M | $59M | $53M | $59M | $50M | |
| Operating Expenses | $116M | $115M | $113M | $113M | $111M | $135M | $530M | $116M | $120M | $137M | $121M | $134M | $149M | $149M | $155M | $147M | |
| Operating Income | $62M | $51M | $59M | $55M | $57M | $20M | $-367M | $41M | $41M | $13M | $34M | $22M | $294.0K | $-10M | $-16M | $-7M | |
| Interest Expense | $18M | $16M | $16M | $17M | $18M | $17M | $16M | $14M | $16M | $10M | $8M | $10M | $11M | $11M | $10M | $9M | |
| Interest Income | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $2M | $2M | $3M | $2M | $1M | $838.0K | $671.0K | |
| Other Non-op | $393.0K | $883.0K | $844.0K | $610.0K | $1M | $1M | $1M | $1M | $875.0K | $1M | $1M | $976.0K | $1M | $1M | $376.0K | $792.0K | |
| Pretax Income | $46M | $38M | $46M | $41M | $40M | $5M | $-378M | $30M | $29M | $6M | $28M | $18M | $-8M | $-19M | $-25M | $-12M | |
| Income Tax | $11M | $7M | $9M | $-6M | $14M | $542.0K | $-32M | $12M | $8M | $-900.0K | $21M | $9M | $-10M | $-4M | $-4M | $-2M | |
| Net Income | $35M | $31M | $37M | $47M | $26M | $4M | $-346M | $18M | $21M | $7M | $7M | $9M | $2M | $-15M | $-21M | $-10M | |
| EPS (Basic) | $0.79 | $0.68 | $0.77 | $1.00 | $0.55 | $0.09 | $-6.84 | $0.36 | $0.42 | $0.14 | $0.13 | $0.17 | $0.04 | $-0.28 | $-0.41 | $-0.20 | |
| EPS (Diluted) | $0.79 | $0.67 | $0.75 | $0.98 | $0.55 | $0.09 | $-6.82 | $0.35 | $0.41 | $0.14 | $0.13 | $0.17 | $0.04 | $-0.28 | $-0.41 | $-0.20 | |
| Shares (Basic) | 44,759,580 | 45,562,304 | · | 47,680,002 | 47,784,062 | 48,429,061 | · | 50,409,292 | 50,747,337 | 52,052,370 | · | 52,704,974 | 52,642,411 | 52,132,999 | · | 51,692,152 | |
| Shares (Diluted) | 44,884,337 | 46,351,379 | · | 48,498,285 | 48,248,057 | 49,445,079 | · | 51,632,569 | 51,677,418 | 53,414,495 | · | 54,089,897 | 53,643,124 | 52,132,999 | · | 51,692,152 | |
| EBITDA | $62M | $51M | · | $55M | $57M | $20M | · | $44M | $42M | $11M | · | $22M | $294.0K | $-10M | · | $-7M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $34M | $34M | $39M | $38M | $42M | $37M | $68M | $35M | $30M | $26M | · | $31M | $29M | $24M | · | $31M | |
| Receivables | $135M | $76M | $81M | $83M | $145M | $78M | $84M | $98M | $153M | $96M | · | $103M | $169M | $100M | · | $87M | |
| Prepaid Expense | $97M | $106M | $89M | $95M | $91M | $88M | $82M | $87M | $92M | $95M | · | $82M | $82M | $89M | · | $84M | |
| Current Assets | $1.12B | $642M | $930M | $639M | $1.15B | $627M | $977M | $656M | $1.08B | $577M | · | $579M | $1.04B | $579M | · | $548M | |
| PP&E (Net) | $85M | $85M | $85M | $85M | $83M | $85M | $92M | $95M | $98M | $96M | · | $101M | $105M | $105M | · | $109M | |
| PP&E (Gross) | · | · | $135M | · | · | · | $158M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $50M | · | · | · | $66M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1.06B | $1.06B | $1.06B | $1.06B | $1.06B | $1.05B | $1.05B | $1.06B | $1.05B | $1.05B | · | $1.05B | $1.05B | $1.05B | · | $1.05B | |
| Intangibles | $93M | $99M | $107M | $113M | $121M | $126M | $133M | $536M | $550M | $565M | · | $594M | $610M | $622M | · | $644M | |
| Other Non-current Assets | $82M | $70M | $52M | $52M | $55M | $57M | $67M | $60M | $69M | $60M | · | $84M | $84M | $88M | · | $95M | |
| Total Assets | $2.59B | $2.11B | $2.39B | $2.10B | $2.63B | $2.10B | $2.50B | $2.60B | $3.04B | $2.55B | · | $2.60B | $3.09B | $2.64B | · | $2.63B | |
| Current Liabilities | $1.35B | $867M | $1.18B | $929M | $1.38B | $864M | $1.25B | $962M | $1.35B | $863M | · | $938M | $1.36B | $864M | · | $871M | |
| Capital Leases | · | · | $5M | $5M | $6M | $2M | $34M | $35M | $36M | $38M | · | $42M | $44M | $45M | · | $46M | |
| Deferred Tax | $33M | $27M | $22M | $9M | $10M | $10M | $25M | $68M | $75M | $82M | · | $94M | $91M | $131M | · | $132M | |
| Other Non-current Liabilities | $13M | $11M | $7M | $9M | $8M | $5M | $5M | $12M | $4M | $4M | · | $3M | $5M | $13M | · | $6M | |
| Total Liabilities | $2.53B | $2.07B | $2.31B | $2.00B | $2.54B | $2.07B | $2.37B | $2.06B | $2.47B | $2.02B | · | $1.80B | $2.33B | $1.92B | · | $1.89B | |
| Long-term Debt | $1.15B | $1.19B | $1.11B | $1.06B | $1.16B | $1.21B | $1.07B | $1.00B | $1.03B | $1.04B | · | $743M | $847M | $878M | · | $854M | |
| Total Debt | $1.15B | $1.19B | · | $1.06B | $1.16B | $1.21B | · | $1.00B | $1.02B | $1.04B | · | $743M | $847M | $878M | · | $854M | |
| Common Stock | $74.0K | $74.0K | $72.0K | $72.0K | $72.0K | $72.0K | $71.0K | $71.0K | $71.0K | $71.0K | · | $69.0K | $69.0K | $69.0K | · | $68.0K | |
| Retained Earnings | $82M | $47M | $16M | $-21M | $-53M | $-79M | $-99M | $246M | $226M | $204M | · | $193M | $184M | $182M | · | $218M | |
| Treasury Stock | $1.45B | $1.42B | $1.32B | $1.23B | $1.20B | $1.20B | $1.06B | $923M | $857M | $856M | · | $572M | $571M | $568M | · | $537M | |
| AOCI | $-925.0K | $-4M | $-6M | $-9M | $-6M | $-8M | $-5M | $-7M | $175.0K | $1M | $-2M | $8M | $9M | $404.0K | $9M | $3M | |
| Stockholders' Equity | $67M | $35M | $85M | $108M | $88M | $33M | $127M | $544M | $577M | $534M | $810M | $800M | $761M | $720M | $744M | $733M | |
| Liabilities + Equity | $2.59B | $2.11B | $2.39B | $2.10B | $2.63B | $2.10B | $2.50B | $2.60B | $3.04B | $2.55B | · | $2.60B | $3.09B | $2.64B | · | $2.63B | |
| Shares Outstanding | 45,513,708 | 46,297,968 | 46,705,325 | 48,057,972 | 48,506,643 | 48,515,315 | 49,245,588 | 50,869,218 | 51,623,951 | 51,624,243 | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $21M | $21M | $22M | $21M | $22M | $22M | $30M | $31M | $30M | $30M | $28M | $28M | $26M | $27M | $26M | $25M | |
| Stock-based Comp | $23M | $24M | $22M | $22M | $27M | $22M | $29M | $19M | $22M | $30M | $32M | $32M | $33M | $30M | $27M | $28M | |
| Deferred Tax | $5M | $4M | $17M | $-16M | $-432.0K | $-221.0K | $-48M | $-3M | $-6M | $-12M | $7M | $2M | $-42M | $9M | $-5M | $-5M | |
| Amort. of Intangibles | $586.0K | $588.0K | $564.0K | $570.0K | $566.0K | $534.0K | $817.0K | $918.0K | $902.0K | $904.0K | $784.0K | $793.0K | $788.0K | $774.0K | $662.0K | $647.0K | |
| Restructuring | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Operating Cash Flow | $91M | $51M | $58M | $139M | $67M | $1M | $74M | $104M | $54M | $65M | $-3M | $128M | $53M | $22M | $14M | $108M | |
| CapEx | $2M | $2M | $3M | $3M | $623.0K | $688.0K | $208.0K | $1M | $6M | $1M | $442.0K | $1M | $1M | $1M | $2M | $3M | |
| Investing Cash Flow | $-24M | $-14M | $-18M | $-16M | $-15M | $-26M | $-17M | $-16M | $-26M | $-15M | $-15M | $-18M | $-16M | $-15M | $-18M | $-14M | |
| Stock Repurchased | $30M | $82M | $84M | $30M | $3M | $100M | $93M | $63M | $0 | $263M | $19M | $0 | $0 | $0 | $0 | $0 | |
| Net Stock Activity | · | $-82M | · | · | · | $-100M | · | · | · | $-263M | · | · | · | · | · | · | |
| Financing Cash Flow | $362M | $-343M | $261M | $-576M | $398M | $-330M | $296M | $-461M | $420M | $-395M | $354M | $-507M | $364M | $-353M | $359M | $-190M | |
| Net Change in Cash | $428M | $-306M | $302M | $-454M | $455M | $-353M | $347M | $-368M | $448M | $-345M | $338M | $-400M | $402M | $-346M | $359M | $-103M | |
| Free Cash Flow | · | $50M | · | · | · | $700.0K | · | · | · | $64M | · | · | · | $20M | · | · | |
| Levered FCF | · | $37M | · | · | · | $-14M | · | · | · | $50M | · | · | · | $12M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.3% | 59.2% | · | 59.6% | 59.6% | 57.6% | · | 55.5% | 56.6% | 54.8% | · | 56.1% | 55.2% | 53.0% | · | 53.7% | |
| Operating Margin | 21.3% | 18.3% | · | 19.4% | 20.2% | 7.5% | · | 15.3% | 14.6% | 3.8% | · | 7.9% | 0.11% | -3.8% | · | -2.7% | |
| Net Margin | 12.2% | 11.1% | · | 16.9% | 9.2% | 1.8% | · | 7.2% | 7.6% | 1.9% | · | 3.2% | 0.78% | -5.6% | · | -4.0% | |
| Pretax Margin | 16.0% | 13.5% | · | 14.6% | 14.0% | 2.1% | · | 11.4% | 10.3% | 1.4% | · | 6.5% | -3.0% | -7.1% | · | -4.5% | |
| EBITDA Margin | 21.3% | 18.3% | · | 19.4% | 20.2% | 7.5% | · | 15.3% | 14.6% | 3.8% | · | 7.9% | 0.11% | -3.8% | · | -2.7% | |
| ROA | 1.4% | 1.5% | · | 2.0% | 0.92% | 0.21% | · | 0.79% | 0.71% | 0.20% | · | 0.34% | 0.07% | -0.56% | · | -0.48% | |
| ROE | 45.6% | 92.0% | · | 14.6% | 7.8% | 1.7% | · | 3.1% | 3.3% | 0.84% | · | 1.2% | 0.28% | -2.1% | · | -1.8% | |
| ROIC | 3.9% | 3.5% | · | 5.4% | 3.0% | 1.4% | · | 1.8% | 1.9% | 0.94% | · | 0.71% | 0.00% | -0.49% | · | -0.38% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 0.7 | · | 0.7 | 0.8 | 0.7 | · | 0.7 | 0.8 | 0.7 | · | 0.6 | 0.8 | 0.7 | · | 0.6 | |
| Quick Ratio | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Debt / Equity | 17.2 | 34.3 | · | 9.8 | 13.2 | 36.3 | · | 1.8 | 1.8 | 1.9 | · | 0.9 | 1.1 | 1.2 | · | 1.2 | |
| LT Debt / Equity | 16.8 | 33.7 | · | 9.6 | 12.9 | 35.6 | · | 1.8 | 1.7 | 1.9 | · | 0.9 | 1.1 | 1.2 | · | 1.1 | |
| Interest Coverage | 3.5 | 3.2 | · | 3.3 | 3.1 | 1.2 | · | 3.1 | 2.7 | 1.0 | · | 2.3 | 0.0 | -0.9 | · | -0.8 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 2.1 | 3.7 | · | 3.1 | 1.9 | 3.1 | · | 2.9 | 1.8 | 2.8 | · | 2.9 | 1.7 | 2.7 | · | 2.7 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $1.47 | $0.75 | · | $2.25 | $1.81 | $0.68 | · | $10.70 | $11.18 | $10.35 | · | · | · | · | · | · | |
| Revenue / Share | $6.47 | $6.07 | · | $5.80 | $5.83 | $5.47 | · | $5.55 | $5.56 | $5.23 | · | $5.13 | $5.05 | $5.02 | · | $5.05 | |
| Cash Flow / Share | · | $1.11 | · | · | · | $0.03 | · | · | · | $1.21 | · | · | · | $0.42 | · | · | |
| Cash / Share | $0.76 | $0.74 | · | $0.80 | $0.86 | $0.77 | · | $0.68 | $0.59 | $0.51 | · | · | · | · | · | · | |
| EPS (TTM) | $3.19 | $2.95 | · | $-5.20 | $-5.83 | $-5.97 | · | $1.03 | $0.85 | $0.48 | · | $-0.48 | $-0.85 | $-0.96 | · | $-0.62 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.15B | $1.14B | · | $1.14B | $1.14B | $1.15B | · | $1.15B | $1.14B | $1.12B | · | $1.09B | $1.07B | $1.06B | · | $1.03B | |
| Net Income TTM | $151M | $142M | · | $-268M | $-297M | $-303M | · | $53M | $44M | $25M | · | $-25M | $-44M | $-50M | · | $-31M | |
| Market Cap | $1.35B | $1.79B | · | $3.09B | $3.11B | $3.01B | · | $4.31B | $3.93B | $3.83B | · | · | · | · | · | · | |
| Enterprise Value | $2.46B | $2.94B | · | $4.12B | $4.23B | $4.18B | · | $5.27B | $4.92B | $4.84B | · | · | · | · | · | · | |
| P/E | 9.3 | 13.1 | · | -12.4 | -11.0 | -10.4 | · | 82.2 | 89.6 | 154.5 | · | -146.5 | -83.7 | -72.2 | · | -71.1 | |
| P/S | 1.2 | 1.6 | · | 2.7 | 2.7 | 2.6 | · | 3.7 | 3.4 | 3.4 | · | · | · | · | · | · | |
| P/B | 20.1 | 51.7 | · | 28.6 | 35.4 | 90.7 | · | 7.9 | 6.8 | 7.2 | · | · | · | · | · | · | |
| P / Cash Flow | · | 34.7 | · | · | · | 2168.9 | · | · | · | 59.2 | · | · | · | · | · | · | |
| EV / Revenue | 2.1 | 2.6 | · | 3.6 | 3.7 | 3.6 | · | 4.6 | 4.3 | 4.3 | · | · | · | · | · | · | |
| Dividend Yield | 0.00% | 0.00% | · | 0.00% | 0.00% | 0.00% | · | 0.00% | 0.00% | 0.00% | · | · | · | · | · | · | |
| Earnings Yield | 10.8% | 7.6% | · | -8.1% | -9.1% | -9.6% | · | 1.2% | 1.1% | 0.65% | · | -0.68% | -1.2% | -1.4% | · | -1.4% | |
| Annual Payout | $0 | $0 | · | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenue | $1.13B | · | · | $1.15B | · |
| Gross Margin % | 58.8% | · | · | · | · |
| Operating Margin % | 16.9% | · | · | · | · |
| Net Income | $115M | · | · | $-300M | · |
| Diluted EPS | $2.37 | · | · | $-5.92 | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Debt / Equity | 13.0 | · | · | · | · |
| Current Ratio | 0.8 | · | · | · | · |
| Quick Ratio | 0.1 | · | · | · | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Free Cash Flow | $258M | · | · | · | · |
Institutional owners (13F) 300 filers · $1.8B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 56 (+8 vs prior Q) | 65 (+16 vs prior Q) | 111 (-1 vs prior Q) | 75 (-14 vs prior Q) | +2.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $340,544,774 | 5,378,155 | 18.85% | Shares |
| CLEARLAKE CAPITAL GROUP, L.P. | $288,849,412 | 9,751,837 | 15.99% | Shares |
| BlackRock, Inc. | $177,152,568 | 5,980,843 | 9.81% | Shares |
| MORGAN STANLEY | $145,237,180 | 4,903,346 | 8.04% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $93,234,282 | 3,147,680 | 5.16% | Shares |
| JANUS HENDERSON GROUP PLC | $60,070,890 | 1,555,833 | 3.33% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $57,398,999 | 1,937,846 | 3.18% | Shares |
| STATE STREET CORP | $48,876,561 | 1,650,436 | 2.71% | Shares |
| GOLDMAN SACHS GROUP INC | $36,775,955 | 1,241,592 | 2.04% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $27,816,280 | 938,933 | 1.54% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $25,426,489 | 858,423 | 1.41% | Shares |
| Qube Research & Technologies Ltd | $24,114,797 | 814,139 | 1.34% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $21,120,055 | 713,034 | 1.17% | Shares |
| SHAPIRO CAPITAL MANAGEMENT LLC | $20,840,987 | 703,612 | 1.15% | Shares |
| Clearline Capital LP | $20,403,619 | 688,846 | 1.13% | Shares |
| TWO SIGMA INVESTMENTS, LP | $19,319,497 | 652,245 | 1.07% | Shares |
| FIRST TRUST ADVISORS LP | $18,536,581 | 625,813 | 1.03% | Shares |
| Lightrock Netherlands B.V. | $17,000,280 | 573,946 | 0.94% | Shares |
| GENEVA CAPITAL MANAGEMENT LLC | $16,531,127 | 558,107 | 0.92% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $16,288,986 | 549,932 | 0.90% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $16,089,544 | 543,216 | 0.89% | Shares |
| NORTHERN TRUST CORP | $15,865,954 | 535,650 | 0.88% | Shares |
| P2 Capital Partners, LLC | $14,302,728 | 482,874 | 0.79% | Shares |
| BANK OF AMERICA CORP /DE/ | $12,694,317 | 428,572 | 0.70% | Shares |
| UBS Group AG | $12,598,334 | 425,332 | 0.70% | Shares |
| FMR LLC | $7,964,196 | 268,879 | 0.44% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $7,797,643 | 263,256 | 0.43% | Shares |
| Bank of New York Mellon Corp | $7,067,224 | 238,596 | 0.39% | Shares |
| Invesco Ltd. | $6,977,998 | 235,584 | 0.39% | Shares |
| Point72 Asset Management, L.P. | $6,661,982 | 224,915 | 0.37% | Shares |
| Tributary Capital Management, LLC | $6,651,497 | 224,561 | 0.37% | Shares |
| Cinctive Capital Management LP | $6,554,995 | 221,303 | 0.36% | Shares |
| PALISADE CAPITAL MANAGEMENT, LP | $6,171,001 | 208,339 | 0.34% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $5,699,540 | 192,422 | 0.32% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $5,687,869 | 192,028 | 0.31% | Shares |
| Allspring Global Investments Holdings, LLC | $5,538,407 | 186,982 | 0.31% | Shares |
| Cubist Systematic Strategies, LLC | $5,513,410 | 85,732 | 0.31% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $5,509,231 | 185,997 | 0.31% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $5,425,685 | 185,240 | 0.30% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $5,113,715 | 172,644 | 0.28% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $5,112,590 | 172,606 | 0.28% | Shares |
| MILLENNIUM MANAGEMENT LLC | $4,943,637 | 166,902 | 0.27% | Shares |
| Hillsdale Investment Management Inc. | $4,487,430 | 151,500 | 0.25% | Shares |
| RAYMOND JAMES FINANCIAL INC | $4,088,034 | 138,016 | 0.23% | Shares |
| Calamos Advisors LLC | $3,940,704 | 133,042 | 0.22% | Shares |
| Public Sector Pension Investment Board | $3,593,854 | 121,332 | 0.20% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $3,516,947 | 91,089 | 0.19% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $3,241,443 | 109,434 | 0.18% | Shares |
| Nuveen, LLC | $3,018,308 | 101,901 | 0.17% | Shares |
| XTX Topco Ltd | $2,985,755 | 100,802 | 0.17% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Clearlake Capital Group, L.P., José Enrique Feliciano, Behdad Eghbali ×5 filings | April 15, 2024 | · | Initial filing | · | SEC |
| Blackbaud, Inc. ×3 filings | Feb. 15, 2012 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 52 insiders · 27 officers · 19 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Gianoni Michael P | President and CEO | Feb. 19, 2026 A | 474,629 | 0 | 9 | $-1,706,857 |
| Richard Labarbera | Senior VP & CEO Kintera Div | Feb. 16, 2010 F | 4,164 | 0 | 0 | $0 |
| Robert J Sywolski | President/CEO/Director | Nov. 22, 2005 J | 108,412 | 0 | 0 | $0 |
| Chad Anderson | Executive VP and CFO | Feb. 19, 2026 A | 76,614 | 0 | 2 | $-289,399 |
| Anthony W Boor | CFO & Exec VP of Fin. & Admin. | Feb. 25, 2025 F | 166,266 | 0 | 0 | $0 |
| Kevin P. Gregoire | EVP, Chief Operating Officer | Feb. 19, 2026 A | 156,775 | 0 | 3 | $-1,101,187 |
| David J Benjamin | EVP, Chief Commercial Officer | Feb. 19, 2026 A | 103,285 | 0 | 3 | $-1,176,624 |
| Kevin Mcdearis | EVP & Chief Technology Officer | Feb. 19, 2026 A | 117,271 | 0 | 2 | $-717,801 |
| Jon W Olson | SVP and General Counsel | Feb. 19, 2026 A | 58,567 | 0 | 2 | $-727,800 |
| Kevin W Mooney | EVP, Strategy and Business Dev | Feb. 28, 2023 S | 99,686 | 0 | 0 | $0 |
| Brian Boruff | EVP, Strategic Enter. P-ships | May 15, 2019 F | 56,353 | 0 | 0 | $0 |
| MISTRETTA JOHN J | EVP of Human Resources | May 25, 2017 M | 75,278 | 0 | 0 | $0 |
| Brad John Holman | Exec VP & Pres Int'l Bus Unit | Nov. 12, 2015 S | 27,425 | 0 | 0 | $0 |
| Jana Eggers | Sen VP Product Mgmt & Mktg | Nov. 19, 2012 F | 24,213 | 0 | 0 | $0 |
| Eugene Austin | SVP & President, ECBU | May 8, 2012 A | 6,184 | 0 | 0 | $0 |
| Heidi Strenck | Senior VP and Controller | April 13, 2012 D | 5,629 | 0 | 0 | $0 |
| Charles L Longfield | Senior VP and Chief Scientist | Nov. 8, 2011 F | 20,439 | 0 | 0 | $0 |
| Louis J Attanasi | Senior VP of Product Dev | July 7, 2011 S | 57,329 | 0 | 0 | $0 |
| Gerard J Zink | Senior VP of Customer Support | Nov. 24, 2010 M | 17,417 | 0 | 0 | $0 |
| Lee W Gartley | Senior Vice President | Nov. 10, 2009 A | 22,920 | 0 | 0 | $0 |
| Richard S Braddock JR | Senior VP of Marketing | July 23, 2007 M | 32,500 | 0 | 0 | $0 |
| Christopher R Todd | Senior VP of Sales | May 30, 2007 S | 48,473 | 0 | 0 | $0 |
| Andrew L Howell | VP and General Counsel | Feb. 8, 2007 A | 9,246 | 0 | 0 | $0 |
| Germaine Ward | Vice President of Products | May 12, 2006 M | 13,000 | 0 | 0 | $0 |
| Anthony J Powell | VP of Consulting Services | March 10, 2006 M | 13,000 | 0 | 0 | $0 |
| Laura Kennedy | VP of Human Resources | May 27, 2005 M | 0 | 0 | 0 | $0 |
| Edward M Roshitsh | Vice President of Sales | Feb. 14, 2005 M | 0 | 0 | 0 | $0 |
| Bradley L Pyburn | Director | Aug. 3, 2026 A | 13,103 | 0 | 0 | $0 |
| Deneen Defiore | Director | Aug. 3, 2026 A | 17,903 | 0 | 0 | $0 |
| Don Roger Nanney | Director | Aug. 3, 2026 A | 24,453 | 0 | 0 | $0 |
| Kristian Talvitie | Director | Aug. 3, 2026 A | 15,887 | 0 | 0 | $0 |
| Rupal S Hollenbeck | Director | Nov. 21, 2025 S | 6,366 | 0 | 1 | $-90,384 |
| Yogesh K Gupta | Director | Aug. 1, 2025 A | 12,266 | 0 | 0 | $0 |
| Sarah E Nash | Director | Nov. 19, 2024 S | 22,123 | 0 | 0 | $0 |
| George H Ellis | Director | Nov. 7, 2023 S | 8,451 | 0 | 0 | $0 |
| Joyce Nelson | Director | Aug. 10, 2022 S | 18,946 | 0 | 0 | $0 |
| Timothy C K Chou | Director | Aug. 1, 2022 A | 32,501 | 0 | 0 | $0 |
| Thomas R Ertel | Director | Aug. 2, 2021 A | 13,509 | 0 | 0 | $0 |
| Peter J Kight | Director | Aug. 5, 2019 A | 86,738 | 0 | 0 | $0 |
| David G Golden | Director | Aug. 3, 2017 A | 27,298 | 0 | 0 | $0 |
| John P Mcconnell | Director | Aug. 9, 2011 A | 51,611 | 0 | 0 | $0 |
| Marco W. Hellman | Director | Aug. 4, 2009 A | 108,352 | 0 | 0 | $0 |
| David R Tunnell | Director | Feb. 22, 2006 J | 27,161 | 0 | 0 | $0 |
| Paul V Barber | Director | Nov. 22, 2005 J | 4,247 | 0 | 0 | $0 |
| HELLMAN & FRIEDMAN CAPITAL PARTNERS III LP | 10% owner | Feb. 22, 2006 D | 0 | 0 | 0 | $0 |
| Anthony E Bakker | 10% owner | July 22, 2004 S | 783,831 | 0 | 0 | $0 |
| Andrew M Leitch | · | Aug. 3, 2026 A | 48,035 | 0 | 0 | $0 |
| Charles T Cumbaa | · | March 31, 2017 F | 49,203 | 0 | 0 | $0 |
| Joseph D Moye | · | Feb. 19, 2015 S | 13,839 | 0 | 0 | $0 |
| Marc Chardon | · | Aug. 12, 2013 S | 58,883 | 0 | 0 | $0 |
| Timothy V Williams | · | Nov. 14, 2011 F | 31,521 | 0 | 0 | $0 |
| Sandra R Hernandez MD | · | June 21, 2005 A | 3,200 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 42 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| RNIN · EA Series Trust | 1.73% | 73,588 NS | July 31, 2026 | N-PORT |
| PSCT · Invesco Exchange-Traded Fund Trust … | 0.60% | 75,153 SH | Oct. 2, 2026 | Daily |
| CAFG · Pacer Funds Trust | 0.58% | 4,079 NS | July 31, 2026 | N-PORT |
| CALF · Pacer Funds Trust | 0.36% | 306,316 NS | July 31, 2026 | N-PORT |
| HAPS · Harbor ETF Trust | 0.30% | 12,105 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.13% | 37,931 SH | Aug. 19, 2026 | Daily |
| IWO · iShares Trust | 0.11% | 340,034 SH | Sept. 11, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.10% | 62,600 SH | Oct. 2, 2026 | Daily |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.07% | 32,920 SH | Oct. 2, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.06% | 123,774 SH | Aug. 19, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.06% | 21,009 SH | Aug. 19, 2026 | Daily |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.06% | 37,456 SH | Aug. 19, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.06% | 38,834 SH | Aug. 19, 2026 | Daily |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.06% | 9,553 NS | July 31, 2026 | N-PORT |
| IGV · iShares Trust | 0.05% | 161,509 SH | Sept. 11, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.05% | 7,362 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.05% | 929,144 SH | Sept. 11, 2026 | Daily |
| RSSL · Global X Funds | 0.05% | 17,285 NS | July 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.03% | 667,409 SH | Aug. 19, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.03% | 208,354 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.02% | 10,902 NS | July 31, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.02% | 1,050,430 SH | Aug. 19, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | 0.02% | 925,674 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 1,919 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 405,418 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.01% | 30,237 NS | July 31, 2026 | N-PORT |
| IGM · iShares Trust | 0.01% | 15,953 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 11,597 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.00% | 47,992 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.00% | 12,569 NS | July 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.00% | 312 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,457,849 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 26,958 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 3,165 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.00% | 8,026 SH | Aug. 19, 2026 | Daily |
| IJR · iShares Trust | · | 2,154,226 SH | Sept. 10, 2026 | Daily |
| IJT · iShares Trust | · | 167,628 SH | Sept. 9, 2026 | Daily |
| IJS · iShares Trust | · | 158,375 SH | Sept. 8, 2026 | Daily |
| ISCB · iShares Trust | · | 1,556 SH | Sept. 11, 2026 | Daily |
| ISCV · iShares Trust | · | 7,707 SH | Sept. 11, 2026 | Daily |
| SMLF · iShares Trust | · | 72,365 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 3,907 SH | Sept. 1, 2026 | Daily |
BLKB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
4 analysts · 2026-10-04Mean target $51.50 +23.3%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BLKB | $2.96B | 26.7 | -2.3% | 10.2% | 145.7% | 58.8% |
| KEEL | · | · | 72.0% | -124.1% | -48.6% | -8.2% |
| NCNO | $2.43B | 427.2 | 10.0% | 0.87% | 0.49% | 60.6% |
| ASAN | $2.44B | -12.8 | 9.2% | -23.9% | -99.8% | 89.0% |
| VERX | · | · | 12.2% | 0.96% | 2.8% | 64.3% |
| PRCH | $1.13B | -304.3 | 10.2% | -0.70% | 9.9% | 70.5% |
| AMPL | · | -17.3 | 14.7% | -25.8% | -33.7% | 74.0% |
| AI | $1.31B | -2.6 | -35.7% | -187.9% | -66.0% | 30.9% |
| PLTR | $425.03B | 282.1 | 56.2% | 36.3% | 26.2% | 82.4% |
Latest News Recent headlines mentioning this company
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.