BLKB — what changed in the latest 10-Q
A section-by-section comparison of BLKB's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-28 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +71 | −48 | ~43 | 54 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 2 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Other information | Text added/removed | +1 | −4 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-28
We delivered another quarter of solid execution against our operating plan, with continued focus on operational efficiency and product innovation. AI initiatives remain an important area of emphasis, both in the capabilities we are delivering to customers and in the way we operate the business.
During the third quarter, we announced Platform for Good™, our unified platform designed to connect our products, data, AI and expertise across the social impact sector. Platform for Good brings together our differentiated data assets, intelligence capabilities and AI-enabled assistants, agents and …
We also introduced Lantern™, a domain-specific language model purpose-built for fundraising and developed through a strategic collaboration with Databricks. Lantern combines leading open-weight models with more than 40 years of Blackbaud fundraising experience and is being developed under our Respon…
Our Agents for Good offerings also continued to expand during the quarter. The fundraising Development Agent, our first agentic AI offering, became generally available earlier in 2026 and is designed to help fundraising teams identify and engage prospective and dormant donors within existing workflo…
Alongside these AI initiatives, we continued to invest in and modernize our core products. During the third quarter, we announced significant enhancements to Raiser’s Edge NXT, including embedded intelligence, automation and connected data capabilities, as well as Blackbaud Marketing™. We also annou…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
We delivered another quarter of solid execution against our operating plan, with continued focus on operational efficiency and product innovation. AI initiatives remain an important area of emphasis—both in the capabilities we are delivering to customers and in the way we operate the business. Durin…
The fundraising development agent is currently being offered under a subscription pricing model. While commercialization remains in the early stages, annual subscription pricing is generally in the tens of thousands of dollars, depending on customer size and use case. We expect this offering to be m…
Recently, we also announced four additional Agents for Good solutions planned for future release, including the Data Health Agent, Admissions Agent, Digital Marketing Agent and Accounts Payable Agent. These solutions are intended to help customers automate administrative processes, improve productiv…
Adoption of AI-enabled functionality continued across portions of our customer base during the quarter. More than half of our Raiser's Edge NXT customers utilize machine-learning-enabled donor prospecting capabilities, which leverage historical and behavioral data to support fundraising activities. …
We also continued to apply AI internally to improve efficiency across engineering, sales and marketing, customer success and the back office. During the quarter, our engineering teams increased their use of approved generative AI development tools to accelerate software development and issue remedia…
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-28
During the three months ended September 30, 2026, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities.
Text removed vs the prior filing · source: 10-Q · 2026-07-29
The following table provides information about trading arrangements adopted or terminated by certain of our officers and directors during the three months ended June 30, 2026.
Chief Executive Officer, President and Vice Chairman of the Board
(1)An SEC "Rule 10b5-1(c) trading arrangement" is a trading arrangement made by a person through entering into a binding contract, verbal instruction or adoption of a written plan prior to becoming aware of material non-public information. The contract, instruction or written plan must specify the a…
None of our officers or directors adopted or terminated a non-Rule 10b5-1 trading arrangement during the three months ended June 30, 2026.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice