BLACKBAUD INC
For the period ended Jun 30, 2025. Filed Jul 30, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 30, 2025
BLKB$54.92+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)
Condensed Consolidated Statements of Stockholders' Equity
| (dollars in thousands) · Common stock · Treasury stock · Additionalpaid-incapital · Accumulatedothercomprehensiveloss · Accumulated deficit · Total stockholders' equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at December 31, 2024 | 70,943,373 | $71 | (21,697,785) | $(1,060,348) | $1,291,442 | $(4,869) | $(84,303) | $141,993 |
| Net income | — | — | — | — | — | — | 4,867 | 4,867 |
| Purchase of treasury shares under stock repurchase program, inclusive of excise tax | — | — | (1,513,022) | (100,425) | — | — | — | (100,425) |
| Vesting of restricted stock units | 1,023,958 | — | — | — | — | — | — | — |
| Shares withheld to satisfy tax withholdings | — | — | (532,179) | (37,948) | — | — | — | (37,948) |
| Stock-based compensation | — | — | — | — | 28,120 | — | — | 28,120 |
| Restricted stock grants | 299,136 | 1 | — | — | — | — | — | 1 |
| Restricted stock cancellations | (8,166) | — | — | — | — | — | — | — |
| Other comprehensive loss | — | — | — | — | — | (3,433) | — | (3,433) |
| Balance at March 31, 2025 | 72,258,301 | $72 | (23,742,986) | $(1,198,721) | $1,319,562 | $(8,302) | $(79,436) | $33,175 |
| Net income | — | — | — | — | — | — | 25,980 | 25,980 |
| Purchase of treasury shares under stock repurchase program, inclusive of excise tax | — | — | — | (19) | — | — | — | (19) |
| Vesting of restricted stock units | 4,951 | — | — | — | — | — | — | — |
| Shares withheld to satisfy tax withholdings | — | — | (13,939) | (868) | — | — | — | (868) |
| Stock-based compensation | — | — | — | — | 27,672 | — | — | 27,672 |
| Restricted stock grants | 23,307 | — | — | — | — | — | — | — |
| Restricted stock cancellations | (22,991) | — | — | — | — | — | — | — |
| Other comprehensive income | — | — | — | — | — | 2,010 | — | 2,010 |
| Balance at June 30, 2025 | 72,263,568 | $72 | (23,756,925) | $(1,199,608) | $1,347,234 | $(6,292) | $(53,456) | $87,950 |
| 6 | Second Quarter 2025 Form 10-Q |
Condensed Consolidated Statements of Stockholders' Equity (continued)
| (dollars in thousands) · Common stock · Treasury stock · Additionalpaid-incapital · Accumulatedothercomprehensive(loss) income · Retained earnings · Totalstockholders'equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at December 31, 2023 | 69,188,304 | $69 | (15,562,864) | $(591,557) | $1,203,012 | $(1,688) | $198,869 | $808,705 |
| Net income | — | — | — | — | — | — | 5,246 | 5,246 |
| Purchase of treasury shares under stock repurchase program, inclusive of excise tax | — | — | (2,954,211) | (211,412) | (52,244) | — | — | (263,656) |
| Vesting of restricted stock units | 1,357,125 | — | — | — | — | — | — | — |
| Shares withheld to satisfy tax withholdings | — | — | (720,189) | (52,723) | — | — | — | (52,723) |
| Stock-based compensation | — | — | — | — | 33,570 | — | — | 33,570 |
| Restricted stock grants | 335,237 | 2 | — | — | — | — | — | 2 |
| Restricted stock cancellations | (19,159) | — | — | — | — | — | — | — |
| Other comprehensive income | — | — | — | — | — | 2,910 | — | 2,910 |
| Balance at March 31, 2024 | 70,861,507 | $71 | (19,237,264) | $(855,692) | $1,184,338 | $1,222 | $204,115 | $534,054 |
| Net income | — | — | — | — | — | — | 21,804 | 21,804 |
| Vesting of restricted stock units | 10,719 | — | — | — | — | — | — | — |
| Shares withheld to satisfy tax withholdings | — | — | (22,273) | (1,760) | — | — | — | (1,760) |
| Stock-based compensation | — | — | — | — | 24,286 | — | — | 24,286 |
| Restricted stock grants | 21,164 | — | — | — | — | — | — | — |
| Restricted stock cancellations | (9,902) | — | — | — | — | — | — | — |
| Other comprehensive loss | — | — | — | — | — | (1,047) | — | (1,047) |
| Balance at June 30, 2024 | 70,883,488 | $71 | (19,259,537) | $(857,452) | $1,208,624 | $175 | $225,919 | $577,337 |
The accompanying notes are an integral part of these condensed consolidated financial statements.
| Second Quarter 2025 Form 10-Q | 7 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.