Business
BlackBerry Reports Second Quarter Fiscal Year 2026 Results
Delivers year-over-year revenue growth, expanded adjusted EBITDA margins and GAAP profitability, ...
About this update from Blackberry Limited
[{"type":"text","content":"BlackBerry Reports Second Quarter Fiscal Year 2026 ResultsDelivers year-over-year revenue growth, expanded adjusted EBITDA margins and GAAP profitability, as well as positive operating cash flowQNX division achieves \"Rule of 40\" quarter with revenue and adjusted EBITDA above guidance, raises full year guidanceSecure Communications division beats revenue and adjusted EBITDA guidance, raises full year guidanceReturns $20 million to shareholders as part of share buyback program WATERLOO, ON / ACCESS Newswire / September 25, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today reported financial results for the three months ended August 31, 2025 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).\"BlackBerry delivered year-over-year revenue growth and expanded gross margins while reducing operating expenses. This combination ensured strong profitability in the second quarter, beating expectations and achieving a second consecutive quarter of GAAP profitability,\" said John J. Giamatteo, CEO, BlackBerry. \"Our QNX division recorded a \"rule of 40\" quarter and progress across all our key growth initiatives. Our Secure Communications division exceeded expectations at both the top and bottom line, and delivered improvements in its key metrics.\"Second Quarter Fiscal 2026 Financial HighlightsTotal company revenue exceeded previously-provided guidance at $129.6 million, increasing 3% year-over-yearTotal company GAAP and adjusted gross margin increased by 4 percentage points year-over-year to 75%.QNX revenue beat guidance and achieved 15% year-over-year growth to $63.1 million; QNX segment adjusted gross margin were flat year-over-year at 83%QNX adjusted EBITDA beat previously-provided guidance at $20.5 million, or 32% of revenueSecure Communications revenue exceeded previously-provided guidance at $59.9 million, decreasing 10% year-over-year; Secure Communications segment adjusted gross margin increased 5 percentage points year-over-year to 66%Secure Communications ARR increased year-over-year and sequentially to $213 million; Secure Communications DBNRR was flat year-over-year, and increased by 1 percentage point sequentially to 93%Secure Communications adjusted EBITDA exceeded previously provided guidance at $9.7 millionLicensing revenue was $6.6 million, and adjusted EBITDA was $5.6 millionTotal company adjus...