Blackbaud, Inc. — Earnings Quality Grade C
BLKB · Technology
Some red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 26 days, change -1 days YoY
AR growth -4.3% vs revenue growth -2.3%
Revenue -2.3%, CFFO -10.3%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -7.7% vs revenue -2.3%. Normal
SG&A/Gross Profit = 50.1%. Normal
Gross margin 58.8%, change +4.1pp. Stable
Cash Flow Quality
CFFO/NI = 2.31. Profits backed by cash
FCF $0.2B, FCF/NI = 1.77
Accruals ratio = -6.3%. Low accruals
Insufficient data
Balance Sheet Health
Goodwill+Intangibles $1.3B = 1551% of equity. Over 50%
Leverage manageable
Other assets -23.3% vs revenue -2.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -1% YoY. Normal
Manipulation Score
M-Score = -2.85 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25