Company / Working Capital
Blackbaud Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$252.0M
FY2025
5-year range
-$312.0M / -$252.0M
FY2021-FY2025
Trend
+8.5%
vs FY2024
Sector context
#294 of 311
Information Technology
What the data says
Among 311 Information Technology companies, Blackbaud is in the bottom 5% for working capital. Working Capital has fluctuated over the past 10 years, ranging from -$312M in FY2022 to -$172M in FY2016.
Based on SEC 10-K filings.
-$252M in FY2025.
Improved from -$267M to -$252M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in Information TechnologyTop 95% of 311This company -$252.0M Sector average $1.7B
▼
-114.7% below sector average
Key checks
Key Insights
- In FY2025, working capital increased 8.5% year-over-year.
- Ranks #294 out of 311 companies in the Information Technology sector.
- Peak working capital was recorded in FY2016.
- Lowest working capital in the period was in FY2022.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 0.66 (distress zone, below 1.8 threshold)
- Negative profit margin: -22.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$252.0M | +8.5% |
| FY2024 | -$275.5M | -3.0% |
| FY2023 | -$267.4M | +14.3% |
| FY2022 | -$312.0M | -20.6% |
| FY2021 | -$258.7M | -33.1% |
| FY2020 | -$194.3M | +23.6% |
| FY2019 | -$254.3M | -22.5% |
| FY2018 | -$207.7M | -18.5% |
| FY2017 | -$175.2M | -1.8% |
| FY2016 | -$172.2M | -3.0% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026