earnings
confidence high
sentiment positive
materiality 0.75
BlackBerry Q1 FY26: Revenue $121.7M (above guidance), GAAP net income $1.9M, share buyback $10M
BLACKBERRY Ltd
2025-Q1 EPS reported
$0.00
revenue$121,700,000
- Revenue $121.7M exceeded top end of guidance range; gross margin 74%.
- GAAP net income $1.9M (breakeven EPS); non-GAAP net income $12.3M ($0.02 EPS).
- QNX revenue $57.5M (+8% YoY); QNX adjusted EBITDA $12.7M (22% margin).
- Secure Communications revenue $59.5M beat guidance; FY26 revenue guidance raised to $234-244M.
- Repurchased 2.57M shares ($10M); operating cash usage $18M better than guidance.