---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-24-000121"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2024-09-26T23:59:59+00:00"
generated_at: "2026-05-31T01:25:01.533772+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BlackBerry Q2 FY25 beats: breakeven adjusted EBITDA; IoT & Cyber revenue up 12% and 10% YoY

## Summary
- Total revenue $145M; GAAP net loss improved 55% YoY to $19M ($0.03 loss per share).
- IoT revenue $55M (+12% YoY; 82% gross margin); Cybersecurity $87M (+10% YoY; 55% gross margin).
- Adjusted EBITDA breakeven; non-GAAP EPS breakeven; operating cash usage improved $43M YoY to $13M.
- Cybersecurity ARR flat at $279M; DBNRR up 7pp YoY to 88%.
- Raised low end of FY25 IoT revenue guidance to $225-235M; Q3 total revenue guided $146-154M.

## SEC filing metadata
- accession: 0001070235-24-000121
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2024-09-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000121/0001070235-24-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000121/bbry-20240926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-24-000121
- JSON: https://secwatch.observer/filing/0001070235-24-000121.json
- Plain text: https://secwatch.observer/filing/0001070235-24-000121.txt

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