secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBERRY Ltd (BB)
CIK:        0001070235
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001070235-25-000127
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackBerry Q1 FY26: Revenue $121.7M (above guidance), GAAP net income $1.9M, share buyback $10M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070235/000107023525000127/0001070235-25-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070235/000107023525000127/bbry-20250624.htm
  HTML page:      https://secwatch.observer/filing/0001070235-25-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer