BLKB: the cashflow

MyFinsight

For the year ending 2025-12-31, BLKB had -$50,537K decrease in cash & cash equivalents over the period. $257,783K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income (loss)	114,970
Depreciation and amortization	86,215
Net provision for credit losses and sales returns	4,382
Stock-based compensation expense	92,910
Deferred taxes	-181
Amortization of deferred financing costs and discount	2,480
Loss on disposition of businesses	0
Everfi impairment charges	0
Other non-cash adjustments	5,177
Accounts receivable	938
Prepaid expenses and other assets	4,487
Trade accounts payable	-23,535
Accrued expenses and other liabilities	-10,826
Deferred revenue	9,737
Net cash provided by operating activities	265,550
Purchase of property and equipment	7,767
Capitalized software development costs	54,236
Purchase of net assets of acquired companies, net of cash and restricted cash acquired	700
Cash used in divestiture of businesses	12,235
Other investing activities	0
Net cash used in investing activities	-74,938
Proceeds from issuance of debt	404,500
Payments on debt	369,784
Debt issuance costs	0
Employee taxes paid for withheld shares upon equity award settlement	40,403
Change in due to customers	25,557
Change in customer funds receivable	997
Purchase of treasury stock, including excise tax payments	217,152
Net cash used in financing activities	-247,399
Effect of exchange rate on cash, cash equivalents and restricted cash	6,250
Net (decrease) increase in cash, cash equivalents and restricted cash	-50,537
Cash and cash equivalents at beginning of period	809,512
Cash and cash equivalents at end of period	758,975

Unit: Thousand (K) dollars