Blackbaud Q3 Adjusted EPS, Revenue Rise; Reaffirms 2026 Guidance; Shares Drop 7%

09:56 AM EDT, 10/28/2026 (MT Newswires) -- Blackbaud (BLKB) reported Q3 adjusted earnings Wednesday of $1.36 per diluted share, compared with $1.10 a year earlier. Analysts surveyed by FactSet expected $1.33. Revenue for the quarter ended Sept. 30 was $292.6 million, compared with $281.1 million a year earlier. Analysts surveyed by FactSet expected $293.9 million. For 2026, the company reaffirmed its guidance and said it expects results to finish in the upper half of its non-GAAP diluted EPS guidance range of $5.15 to $5.25 and its GAAP revenue guidance range of $1.17 billion to $1.18 billion. Analysts expect 2026 adjusted EPS of $5.25 and revenue of $1.18 billion. Shares of Blackbaud were down 7.1%. Price: 49.86, Change: -3.84, Percent Change: -7.15