Inferra AI / Company / BB

BlackBerry

BB · Information Technology

Last earnings Sep 24, 2026

Key results

Revenuequarter

26%

Revenue increased 26% year-over-year to $163 million QNX delivered record quarterly revenue and secured its first Alloy Kore TM design win, the largest design win in QNX history Adjusted EBITDA grew 81% year-over-year, resulting in the second consecutive Rule of 40 1 performance

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Second Quarter Fiscal 2027 Financial Highlights Total company revenue of $163.3 million increased 26% year-over-year.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Adjusted gross marginfull-year

3 percent

Total company adjusted gross margin improved 3 percentage points year-over-year to 78.2% GAAP gross margin improved by 3 percentage points year-over-year to 77.8%.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

GAAP gross marginfull-year

3 percent

Total company adjusted gross margin improved 3 percentage points year-over-year to 78.2% GAAP gross margin improved by 3 percentage points year-over-year to 77.8%.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

GAAP operating incomefull-year

81%

Total company adjusted EBITDA increased by $21.1 million year-over-year to $47.0 million, 81% GAAP operating income improved by $22.1 million year-over-year to $33.6 million, or 192%.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

QNX revenuefull-year

27%

QNX revenue increased 27% year-over-year to $80.3 million QNX segment adjusted gross margin expanded by 4 percentage points year-over-year to 87%.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Secure Communications revenuefull-year

Secure Communications revenue increased by 2% year-over-year to $60.9 million Secure Communications segment adjusted gross margin decreased by 5 percentage points year-over-year to 61%.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Licensing revenuefull-year

$22.1 million

Licensing revenue was $22.1 million Licensing segment adjusted EBITDA was $20.0 million.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Adjusted net incomefull-year

79%

Adjusted net income increased 79% year-over-year to $43.2 million GAAP net income was positive for the sixth consecutive quarter at $33.9 million.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

GAAP net incomefull-year

$33.9 million

Adjusted net income increased 79% year-over-year to $43.2 million GAAP net income was positive for the sixth consecutive quarter at $33.9 million.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Gross marginquarter

$127.1 million

Gross margin 127.1 119.7 96.6 246.8 186.9

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Gross margin %quarter

77.8 %

Gross margin % 77.8 % 78.3 % 74.5 % 78.1 % 74.4 %

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Research and developmentquarter

$33.2 million

Research and development 33.2 33.0 25.6 66.2 50.6

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Net incomequarter

$33.9 million

Net income $ 33.9 $ 8.5 $ 13.3 $ 42.4 $ 15.2

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

EPSquarter

$ 0.05

Diluted $ 0.05 $ 0.01 $ 0.02 $ 0.07 $ 0.03

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

AI analysis

Q2 FY2027 · reported Sep 24, 2026

Based on: Earnings release + parent 8-K — transcript not held

EPS · Q2 FY2027

$ 0.05

EX-99 · Sep 24, 2026

Gross margin % · Q2 FY2027

77.8 %

EX-99 · Sep 24, 2026

Net income · Q2 FY2027

$33.9M

Full year: $33.9 million

EX-99 · Sep 24, 2026

Gross margin · Q2 FY2027

$127.1M

EX-99 · Sep 24, 2026

Headline figures

Metric	Q2 FY2027	Prior qtr	Year ago
Revenue	26%	—	—
Gross margin	$127.1 million	—	—
Gross margin %	77.8 %	—	—
Research and development	$33.2 million	—	—
Net income	$33.9 million	—	—
EPS	$ 0.05	—	—

EX-99 · Sep 24, 2026

Guidance · company-stated

revenue

“$143”

EBITDA

“$28”

EPS

“2 $0.04”

Operating cash flow

“$20”

Guidance stated in the release for FY27; figures as stated.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Adjusted gross marginfull year3 percent

GAAP gross marginfull year3 percent

Gross margin$127.1M

Gross margin %77.8 %

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

BlackBerry Q2 FY2027 — Revenue increased 26% year-over-year to $163 million QNX delivered record quarterly revenue and secured its first Alloy Kore TM design win, the largest design win in QNX history Adjusted EBITDA grew 8…

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

revenue: “revenue $143”

EBITDA: “EBITDA $28”

EPS: “EPS 2 $0.04”

Operating cash flow: “Operating cash flow $20”

revenue (“FY27”)
“Q3 FY27 FY27 Total BlackBerry revenue $143 - $154 million $616- $636 million QNX revenue $82 - $88 million $315 - $325 million Secure Communications revenue $55 - $60 million $260 - $270 million Licensi”

EBITDA (“FY27”)
“Secure Communications revenue $55 - $60 million $260 - $270 million Licensing revenue Approximately $6 million Approximately $41 million Total Company adjusted EBITDA $28 - $37 million $141 - $158 million QNX segment adjusted EBITDA $27 - $32 million $95 - $105 million Secure Communications segment adjusted EBITDA $6 - $10 milli”

EPS (“FY27”)
“segment adjusted EBITDA $6 - $10 million $50 - $58 million Licensing segment adjusted EBITDA Approximately $5 million Approximately $36 million Adjusted basic EPS 2 $0.04 $0.05 $0.19 $0.22 Operating cash flow $20 $30 million Approximately $115 million 2 EPS guidance does not include the effect of any potential future share repur”

Operating cash flow (“FY27”)
“$10 million $50 - $58 million Licensing segment adjusted EBITDA Approximately $5 million Approximately $36 million Adjusted basic EPS 2 $0.04 $0.05 $0.19 $0.22 Operating cash flow $20 $30 million Approximately $115 million 2 EPS guidance does not include the effect of any potential future share repurchases not yet completed as of the date of”

Guidance stated in the release for FY27; figures as stated.

Strategy & priorities

As we enter the second half of the year, we remain focused on disciplined execution, investing behind our growth opportunities, and leveraging the strength of our balance sheet to create long-term value for our shareholders.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Business Highlights Strategic Announcements Coretura, the joint venture between Volvo Group and Daimler Truck, has chosen Alloy Kore for its next-generation commercial vehicle software platform.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding BlackBerry s plans, strategies and objectives.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry s expectations regarding its business, strategy, opportunities and prospects, the launch of new products and services, general economic conditions, competition, and BlackBerry s expectations regarding its financial performance.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Any statements that are forward-looking statements are intended to enable BlackBerry s shareholders to view the anticipated performance and prospects of BlackBerry from management s perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry s financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry s business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates.

SEC original ↗BlackBerry — Earnings release (8-K exhibit)EX-99Sep 24, 2026

Documents