Blackbaud Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2001
Revenue	1,105	1,058	927.74	913.22	900.42	Upgrade
Revenue Growth (YoY)	4.47%	14.05%	1.59%	1.42%	6.11%	Upgrade
Cost of Revenue	502.19	505.39	443.2	428.07	418.42	Upgrade
Gross Profit	603.24	552.72	484.55	485.15	482	Upgrade
Selling, General & Admin	402.1	421.36	332.58	344.61	337.57	Upgrade
Research & Development	153.3	156.91	124.57	100.15	106.16	Upgrade
Other Operating Expenses	3.14	2.93	2.49	3.15	11.12	Upgrade
Operating Expenses	558.54	581.2	459.64	447.91	454.85	Upgrade
Operating Income	44.71	-28.49	24.91	37.24	27.15	Upgrade
Interest Expense / Income	39.92	35.8	18	17.29	20.62	Upgrade
Other Expense / Income	-12.86	-8.71	-0.18	-1.66	-4.06	Upgrade
Pretax Income	17.64	-55.58	7.08	21.61	10.59	Upgrade
Income Tax	15.82	-10.17	1.39	13.9	-1.32	Upgrade
Net Income	1.82	-45.41	5.7	7.72	11.91	Upgrade
Net Income Growth	-	-	-26.16%	-35.19%	-73.44%	Upgrade
Shares Outstanding (Basic)	53	52	47	48	48	Upgrade
Shares Outstanding (Diluted)	54	52	48	49	48	Upgrade
Shares Change	4.17%	6.92%	-0.96%	0.79%	0.56%	Upgrade
EPS (Basic)	0.03	-0.88	0.12	0.16	0.25	Upgrade
EPS (Diluted)	0.03	-0.88	0.12	0.16	0.25	Upgrade
EPS Growth	-	-	-25.00%	-36.00%	-73.12%	Upgrade
Free Cash Flow	135.51	132.83	161.51	76.11	124.11	Upgrade
Free Cash Flow Per Share	2.58	2.58	3.41	1.58	2.60	Upgrade
Dividend Per Share	-	-	-	0.120	0.480	Upgrade
Dividend Growth	-	-	-	-75.00%	0%	Upgrade
Gross Margin	54.57%	52.24%	52.23%	53.13%	53.53%	Upgrade
Operating Margin	4.04%	-2.69%	2.68%	4.08%	3.01%	Upgrade
Profit Margin	0.16%	-4.29%	0.61%	0.85%	1.32%	Upgrade
Free Cash Flow Margin	12.26%	12.55%	17.41%	8.33%	13.78%	Upgrade
Effective Tax Rate	89.68%	-	19.55%	64.30%	-12.50%	Upgrade
EBITDA	167.05	82.6	107.5	131.64	116.9	Upgrade
EBITDA Margin	15.11%	7.81%	11.59%	14.41%	12.98%	Upgrade
Depreciation & Amortization	109.49	102.37	82.41	92.74	85.69	Upgrade
EBIT	57.57	-19.77	25.09	38.9	31.2	Upgrade
EBIT Margin	5.21%	-1.87%	2.70%	4.26%	3.47%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).