Blackbaud Inc (BLKB)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-286,951	52,991	41,466	21,767	1,820	-24,838	-44,174	-49,701	-45,407	-31,205	-14,698	-4,545	5,698	-866	-2,178	2,914	7,717	22,662	22,352	17,669
Revenue (ttm)	US$ in thousands	1,155,366	1,148,145	1,139,044	1,122,929	1,105,432	1,085,178	1,068,849	1,062,734	1,058,105	1,031,239	1,001,160	965,673	927,740	922,455	906,238	908,789	913,219	908,452	914,571	908,214
Net profit margin		-24.84%	4.62%	3.64%	1.94%	0.16%	-2.29%	-4.13%	-4.68%	-4.29%	-3.03%	-1.47%	-0.47%	0.61%	-0.09%	-0.24%	0.32%	0.85%	2.49%	2.44%	1.95%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-286,951K ÷ $1,155,366K
= -24.84%

The net profit margin of Blackbaud Inc has experienced fluctuations over the periods from March 31, 2020, to December 31, 2024. Starting at 1.95% in March 2020, the margin rose to a peak of 4.62% by September 30, 2024, before sharply dropping to -24.84% by December 31, 2024.

The trend indicates variability in the company's ability to convert revenue into profit, with positive margins reflecting efficient operations and negative margins suggesting challenges in controlling costs relative to revenue. The significant decline in the net profit margin in the last quarter of 2024 raises concerns and warrants further investigation into the company's profitability drivers during that period.

Overall, the analysis of the net profit margin of Blackbaud Inc reveals a mix of positive and negative performance indicators, underscoring the importance of closely monitoring profitability trends to assess the company's financial health and operational efficiency.