BLACKBERRY Ltd reported the three months and fiscal year ended February 28, 2026 results: revenue $156.0 million, net income $24.3 million, EPS $0.04.
“company with a proven track record of execution, and we are well positioned for the path ahead.” Fourth Quarter Fiscal 2026 Financial Highlights • Total company revenue was $156.0 million, up 10% year-over-year. • Total company adjusted gross margin improved by approximately 5 percentage points to 78.2% and GAAP gross margin improved by 4 percentage points to”
Marjorie Dickman changed role as Special Advisor to the Chief Executive Officer at BLACKBERRY Ltd.
“On February 28, 2025, Marjorie Dickman stepped down from her position as Chief Government Affairs and Public Policy Officer of BlackBerry Limited (the “Company”) to pursue corporate board and other opportunities.”
Michael A. Daniels departed as Director at BLACKBERRY Ltd.
“On February 4, 2025, Michael A. Daniels notified BlackBerry Limited (the “Company”) of his decision to retire from the Company’s board of directors (the “Board”), effective February 15, 2025.”
M&A Transactions
BLACKBERRY Ltd completed a disposition involving Arctic Wolf Networks, Inc. for approximately $80 million of cash and 5.5 million common shares in Arctic Wolf at closing and expects to receive approximately $40 million of additional cash on (closed 2025-02-03).
“Company, Arctic Wolf, and certain subsidiaries of the Company and Arctic Wolf (the “Equity and Asset Purchase Agreement”) governing the sale, the Company received approximately $80 million of cash and 5.5 million common shares in Arctic Wolf at closing and expects to receive approximately $40 million of additional cash on the first anniversary of closing. The”
Jay Chai resigned as Senior Vice President and Chief Accounting Officer at BLACKBERRY Ltd.
“On January 15, 2025, Jay Chai resigned as Senior Vice President and Chief Accounting Officer of BlackBerry Limited (the “Company”), with effect as of January 31, 2025.”
Lisa Bahash was appointed as Director at BLACKBERRY Ltd.
“On September 26, 2024, the board of directors (the “Board”) of BlackBerry Limited (the “Company”) appointed Lisa Bahash as a member of the Board.”
Jay Chai was appointed as Senior Vice President and Chief Accounting Officer at BLACKBERRY Ltd.
“The Company has also appointed Jay Chai, age 47, to the newly-created role of Senior Vice President and Chief Accounting Officer (“CAO”) with effect as of July 29, 2024.”
Tim Foote was appointed as Chief Financial Officer at BLACKBERRY Ltd.
“the Board of Directors of the Company has appointed Tim Foote, age 44, to replace Mr. Rai as CFO with effect as of July 29, 2024.”
Steve Rai resigned as Chief Financial Officer at BLACKBERRY Ltd.
“Steve Rai, the Company’s Chief Financial Officer (“CFO”), intends to leave the Company to pursue other opportunities”
Laurie Smaldone Alsup departed as Director at BLACKBERRY Ltd.
“On May 1, 2024, Laurie Smaldone Alsup notified BlackBerry Limited (the “Company”) that she will not stand for re-election as a director at the Company’s annual and special meeting of shareholders (the “Annual Meeting”), to be held on June 25, 2024.”
Earnings Releases
BLACKBERRY Ltd reported financial results for the three months and fiscal year ended February 29, 2024.
“On April 3, 2024, BlackBerry Limited (“BlackBerry”) issued a press release announcing its financial results for the quarter and year ended February 29, 2024.”
Philip Brace was appointed as Director at BLACKBERRY Ltd.
“On February 8, 2024, the Board appointed Philip Brace as a member of the Board, effective February 8, 2024.”
V. Prem Watsa resigned as Director at BLACKBERRY Ltd.
“On February 7, 2024, V. Prem Watsa notified the board of directors (the “Board”) of BlackBerry Limited (the “Company”) of his intention to resign as a member of the Board and as a member of the Compensation, Nomination and Governance Committee of the Board, effective February 15, 2024.”
Debt Financings
BLACKBERRY Ltd incurred convertible notes of $200.0 million aggregate principal amount with Computershare Trust Company, National Association at 3.00% per year maturing February 15, 2029.
“completed its previously announced private unregistered offering of $200.0 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2029”
Material Agreements
BLACKBERRY Ltd entered into Indenture with Computershare Trust Company, National Association valued at $200.0 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2029 (effective 2024-01-29).
“The Notes were issued under an Indenture (the “Indenture”), dated as of January 29, 2024, by and between the Company and Computershare Trust Company, National Association, as trustee (the “Trustee”).”
Earnings Releases
BLACKBERRY Ltd reported the three months ended November 30, 2023 results: revenue $175 million, EPS Non-GAAP basic earnings per share of $0.01 and GAAP basic loss per share of $0.04.
“Cybersecurity • Non-GAAP earnings per share beats expectations • Significantly improves operating cash usage sequentiall y Third Quarter Fiscal 2024: • Total company revenue of $175 million. • IoT revenue of $55 million. • Cybersecurity revenue of $114 million. • Licensing & Other revenue of $6 million. • Non-GAAP basic earnings per share of $0.01 and GAAP basic”
Debt Financings
BLACKBERRY Ltd incurred convertible notes of $150 million aggregate principal amount with controlled affiliates of Fairfax Financial Holdings Limited at 1.75% per annum maturing February 15, 2024 (the Initial Maturity Date), with an option to extend to May 15, 2024.
“on November 17, 2023, the Company issued $150 million aggregate principal amount of its 1.75% extendible convertible unsecured debentures (the "Extension Debentures") to the Purchasers on a private placement basis”
Material Agreements
BLACKBERRY Ltd entered into Subscription Agreement with certain controlled affiliates of Fairfax Financial Holdings Limited valued at $150 million aggregate principal amount of its 1.75% extendible convertible unsecured debentures (effective 2023-11-13).
“On November 13, 2023, BlackBerry Limited (the “Company”) entered into a subscription agreement (the “Subscription Agreement”) with certain controlled affiliates of Fairfax Financial Holdings Limited, as purchasers (the “Purchasers”), pursuant to which, on November 17, 2023, the Company issued $150 million aggregate principal amount of its 1.75% extendible convertible unsecured debentures (the “Extension Debentures”) to the Purchasers on a private placement basis.”
Richard (Dick) Lynch was appointed as Chair of the Board and Interim Chief Executive Officer at BLACKBERRY Ltd.
“the Company announced that Richard (Dick) Lynch, 75, will succeed Mr. Chen as Chair of the Board and will also serve as Interim Chief Executive Officer while BlackBerry completes its search for a permanent Chief Executive Officer.”
John Chen departed as Executive Chair and Chief Executive Officer at BLACKBERRY Ltd.
“On October 30, 2023, the Company announced that John Chen, Executive Chair of the Board of Directors (the “Board”) and Chief Executive Officer of BlackBerry Limited (the “Company”), will retire from his roles at the Company effective November 4, 2023.”
Timothy Dattels resigned as Director at BLACKBERRY Ltd.
“On September 27, 2023, Timothy Dattels notified BlackBerry Limited (the “Company”) of his intention to resign from the Board of Directors of the Company, effective September 28, 2023.”
Earnings Releases
BLACKBERRY Ltd reported three months ended August 31, 2023 results: revenue $132 million, EPS Non-GAAP basic loss per share of $0.04 and GAAP basic loss per share of $0.07. Guidance reaffirmed.
“eptember 28, 2023 FOR IMMEDIATE RELEASE BlackBerry Reports Second Quarter Fiscal Year 2024 Results Beats non-GAAP earnings expectations Second Quarter Fiscal 2024: • Total company revenue of $132 million. • IoT revenue of $49 million. • Cybersecurity revenue of $79 million.”
Earnings Releases
BLACKBERRY Ltd reported the three months ended August 31, 2023 results: revenue approximately $132 million. Guidance lowered.
“BlackBerry Reports Preliminary Second Quarter Fiscal Year 2024 Results • Preliminary second quarter fiscal year 2024 revenue for BlackBerry is estimated to be approximately $132 million”
Earnings Releases
BLACKBERRY Ltd reported first quarter fiscal year 2024 results: revenue $373 million, EPS GAAP basic loss per share of $0.02.
“First Quarter Fiscal 2024: • Total company revenue of $373 million. • IoT revenue of $45 million. • Cybersecurity revenue of $93 million. • Licensing & Other revenue of $235 million. • Non-GAAP basic earnings per share of $0.06 and GAAP basic loss per share of $0.02.”
Shareholder Votes
BLACKBERRY Ltd shareholders approved Advisory Vote on Executive Compensation at the 2023-06-27 meeting.
“4. Advisory Vote on Executive Compensation . The advisory resolution on executive compensation as described in the management proxy circular was approved, based on the following votes: For Against Abstain Broker Non-Votes 206,530,570 43,163,308 3,645,606 72,962,471”
Shareholder Votes
BLACKBERRY Ltd shareholders approved Approval of Unallocated Entitlements under the DSU Plan at the 2023-06-27 meeting.
“3. Approval of Unallocated Entitlements under the DSU Plan. The resolution on the unallocated entitlements under the Company’s Deferred Share Plan for directors as described in the management proxy circular was approved, based upon the following votes: For Against Abstain Broker Non-Votes 235,593,701 13,895,819 3,849,962 72,962,473”
Shareholder Votes
BLACKBERRY Ltd shareholders approved Re-appointment of Independent Auditors at the 2023-06-27 meeting.
“2. Re-appointment of Independent Auditors. The re-appointment of PricewaterhouseCoopers LLP as the independent auditors of the Company as described in the management proxy circular was approved, based upon the following votes: For Withheld Broker Non-Votes 313,643,237 12,658,715 3”
Shareholder Votes
BLACKBERRY Ltd shareholders approved Election of Directors at the 2023-06-27 meeting.
“1. Election of Directors . All eight of the directors named in the management proxy circular were elected to serve as directors of the Company, to hold office until the next annual meeting of sharehol ders or until his or her successor is duly elected or appointed, based upon the following votes: Director For Withheld Broker Non-Votes John Chen 202,496,816 50,842,670 72,962,469 Michael A. Daniels 194,613,306 58,726,180 72,962,469 Timothy Dattels 240,446,068 12,893,418 72,962,469 Lisa Disbrow 239,873,532 13,465,955 72,962,468 Richard Lynch 221,534,719 31,804,768 72,962,468 Laurie Smaldone Alsup 194,125,302 59,214,184 72,962,469 V. Prem Watsa 205,475,261 47,864,226 72,962,468 Wayne Wouters 240,118,843 13,220,646 72,962,466”
M&A Transactions
BLACKBERRY Ltd completed a disposition involving Malikie Innovations Limited for $170 million in cash at closing and is entitled to receive an additional $30 million in cash (closed 2023-05-11).
“non-core patents and patent applications to Malikie Innovations Limited. Under the terms of the agreement governing the sale (the “Patent Sale Agreement”), the Company received $170 million in cash at closing and is entitled to receive an additional $30 million in cash by no later than the third anniversary of closing, as well as annual cash royalties from the”
M&A Transactions
BLACKBERRY Ltd completed a disposition involving Malikie Innovations Limited for $170 million in cash at closing (closed 2023-05-11).
“non-core patents and patent applications to Malikie Innovations Limited. Under the terms of the agreement governing the sale (the “Patent Sale Agreement”), the Company received $170 million in cash at closing and is entitled to receive an additional $30 million in cash by no later than the third anniversary of closing, as well as annual cash royalties from the”
Earnings Releases
BLACKBERRY Ltd reported the quarter and fiscal year ended February 28, 2023 results: revenue $151 million, EPS Non-GAAP basic loss per share of $0.02 and GAAP basic loss per share of $0.85.
“and Full Fiscal Year 2023 Results Beats quarterly non-GAAP EPS expectations and sets new record for QNX royalty backlog Fourth Quarter Fiscal 2023: • Total company revenue of $151 million. • IoT revenue of $53 million. • Cybersecurity revenue of $88 million. • Licensing & Other revenue of $10 million. • Non-GAAP basic loss per share of $0.02 and GAAP basic loss”
Material Agreements
BLACKBERRY Ltd terminated Catapult Agreement with Catapult IP Innovations Inc. (effective 2023-03-20).
“Catapult was unable to secure financing that would have enabled it to complete the transaction on amended terms acceptable to the Company, and therefore the Company terminated the Catapult Agreement in accordance with its terms on March 20, 2023.”
Material Agreements
BLACKBERRY Ltd entered into Malikie Agreement with Malikie Innovations Limited valued at up to $900 million (effective 2023-03-20).
“On March 20, 2023, BlackBerry Limited (the “Company”) entered into an agreement to sell substantially all of its non-core patents and patent applications to Malikie Innovations Limited (“Malikie”), a newly-formed subsidiary of Key Patent Innovations Limited (“KPI”), a leading intellectual property monetization company, for a combination of cash at closing and potential future royalties in the aggregate amount of up to $900 million (the “Malikie Agreement”).”
Earnings Releases
BLACKBERRY Ltd reported the fiscal year ended February 28, 2023 results: revenue Total company revenue expected to be approximately $656 million..
“Total company revenue expected to be approximately $656 million.”
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..
“Total company revenue expected to be approximately $151 million.”
Earnings Releases
BLACKBERRY Ltd reported the quarter ended November 30, 2022 results: revenue $169 million, EPS GAAP basic loss per share of $0.01.
“December 20, 2022 FOR IMMEDIATE RELEASE BlackBerry Reports Third Quarter Fiscal Year 2023 Results Beats expectations for both revenue and earnings and delivers strong year-over-year revenue growth for IoT business unit Third Quarter Fiscal 2023: • Total company revenue of $169 million.”
Barbara Stymiest departed as Director at BLACKBERRY Ltd.
“On April 22, 2022, Barbara Stymiest notified BlackBerry Limited (the “Company”) that she will not stand for re-election as a director at the Company’s annual and special meeting of shareholders (the “Annual Meeting”), to be held on June 22, 2022.”
John Giamatteo was appointed as President of the Company’s Cyber Security business unit at BLACKBERRY Ltd.
“On September 22, 2021, the Company announced Mr. Eacobacci’s resignation and that John Giamatteo has been appointed as the President of the Company’s Cyber Security business unit effective as of October 4, 2021.”
Thomas Eacobacci resigned as President and Chief Operating Officer at BLACKBERRY Ltd.
“On September 20, 2021, Thomas (Tom) Eacobacci, President and Chief Operating Officer of BlackBerry Limited (the “Company”), provided notice of his intention to leave the Company to pursue other opportunities with effect as of October 29, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.