---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-23-000044"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:15:00.371160+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BlackBerry prelim FY2023 rev $656M; IoT grows 16% but Cybersecurity misses; up to $440M goodwill impairment

## Summary
- Preliminary FY2023 total revenue ~$656M; Q4 revenue ~$151M.
- IoT rev ~$206M (+16% YoY), in line with outlook; Cybersecurity rev ~$418M, below guidance due to govt deals slipping into FY2024.
- Non-cash goodwill impairment of up to $440M on Spark reporting unit, driven by stock market decline.
- Cybersecurity billings in Q4 ~$107M, third sequential increase; full-year billings ~$401M.
- Management to provide FY2024 outlook on Mar 30 earnings call; Analyst Day set for May 17, 2023.

## SEC filing metadata
- accession: 0001070235-23-000044
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023523000044/0001070235-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023523000044/bbry-20230306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-23-000044
- JSON: https://secwatch.observer/filing/0001070235-23-000044.json
- Plain text: https://secwatch.observer/filing/0001070235-23-000044.txt

## Key facts
- Earnings Releases
  BLACKBERRY Ltd reported the fiscal year ended February 28, 2023 results: revenue Total company revenue expected to be approximately $656 million..
  - Period: the fiscal year ended February 28, 2023
  - Revenue: Total company revenue expected to be approximately $656 million.
  - Result: preliminary results
  source text: Total company revenue expected to be approximately $656 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070235/000107023523000044/0001070235-23-000044-index.htm
- Earnings Releases
  BLACKBERRY Ltd reported the quarter and fiscal year ended February 28, 2023 results: revenue Total company revenue expected to be approximately $151 million..
  - Period: the quarter and fiscal year ended February 28, 2023
  - Revenue: Total company revenue expected to be approximately $151 million.
  - Result: preliminary results
  source text: Total company revenue expected to be approximately $151 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070235/000107023523000044/0001070235-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.