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BlackBerry(BB) - 2026 Q3 - Quarterly Results
2025-12-18 22:12
Financial Performance - Total company revenue for Q3 FY26 was $141.8 million, exceeding guidance by $12.2 million, with a year-over-year decrease of $1.8 million[6] - Total company adjusted EBITDA was $28.7 million, representing 20% of revenue, with GAAP net income of $13.7 million[10] - Revenue for the three months ended November 30, 2025, was $141.8 million, an increase from $129.6 million for the previous quarter, representing a growth of 16.9%[21] - Net income for the nine months ended November 30, 2025, was $28.9 million, a recovery from a net loss of $71.6 million in the same period last year[25] - Revenue for the nine months ended November 30, 2025, was $393.1 million, nearly flat compared to $393.2 million in 2024[38] Segment Performance - QNX division achieved record revenue of $68.7 million, reflecting a 10% year-over-year growth, with adjusted EBITDA at $16.4 million, or 24% of revenue[6] - Secure Communications revenue was $67.0 million, surpassing guidance by $7.1 million, with an annual recurring revenue (ARR) of $216 million[6] - QNX segment revenue for the three months ended November 30, 2025, was $68.7 million, an increase of 10.3% from $62.3 million in the same period of 2024[27] - Secure Communications segment revenue decreased by 10.2% to $67.0 million for the three months ended November 30, 2025, compared to $74.6 million in 2024[27] Cash Flow and Investments - Total cash and investments increased by $14 million sequentially to $378 million[10] - Cash and cash equivalents as of November 30, 2025, were $270.3 million, slightly up from $266.7 million as of February 28, 2025[23] - The company generated net cash provided by operating activities of $4.2 million for the nine months ended November 30, 2025, compared to a net cash used of $25.1 million in the same period last year[25] - Free cash flow for the three months ended November 30, 2025, was $17.0 million, significantly higher than $5.0 million in the same period of 2024[41] - Free cash flow for the nine months ended November 30, 2025, was $1.6 million, a recovery from a usage of $(27.8) million in 2024[41] Expenses and Margins - Research and development expenses for the three months ended November 30, 2025, increased to $29.6 million from $25.6 million in the previous quarter, indicating a focus on innovation[21] - Sales and marketing expenses increased to $29.3 million for the three months ended November 30, 2025, compared to $23.4 million in the previous year[31] - General and administrative expenses remained relatively stable at $36.1 million for the three months ended November 30, 2025, compared to $36.4 million in 2024[31] - Adjusted EBITDA for the three months ended November 30, 2025, was $28.7 million, compared to $37.5 million in 2024, reflecting a decline of 23.5%[33] - Adjusted operating income margin percentage decreased to 18% for the three months ended November 30, 2025, from 23% in 2024[33] Strategic Initiatives - BlackBerry announced the expansion of BlackBerry SecuSUITE to Windows devices, enhancing its product offerings[10] - A strategic partnership was formed with Universiti Kebangsaan Malaysia to advance cybersecurity talent[10] Shareholder Actions - BlackBerry repurchased $5 million worth of shares, totaling approximately 1.2 million shares[10] Financial Health - Total liabilities decreased to $477.3 million as of November 30, 2025, from $575.7 million as of February 28, 2025, reflecting improved financial health[23] - Deferred revenue decreased to $121.3 million for the current quarter from $161.5 million in the previous quarter, indicating changes in customer contracts or service delivery[23]
BlackBerry Reports Third Quarter Fiscal Year 2026 Results
Accessnewswire· 2025-12-18 22:05
Achieves another quarter of higher-than-expected revenue and profitability and hits the top-end of cash flow guidance QNX division achieves highest revenue quarter ever Secure Communications division beats revenue and adjusted EBITDA guidance, raises full year guidance Delivers seventh consecutive quarter of improved GAAP profitability and third consecutive quarter of positive GAAP net income WATERLOO, ONTARIO / ACCESS Newswire / December 18, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today reported financ ...
Dear BlackBerry Stock Fans, Mark Your Calendars for December 18
Yahoo Finance· 2025-12-17 19:44
Alongside this, BlackBerry’s cybersecurity business delivers endpoint protection, secure communications, and threat intelligence to enterprises and governments, positioning the company as a behind-the-scenes enabler of safety, security, and connectivity in an increasingly digital world. The company is currently valued at a market capitalization of roughly $2.6 billion.The company’s high-performance foundational software empowers top automakers and industrial leaders to build transformative applications, ope ...
BlackBerry Unveils Ground-Up Modernization of BlackBerry AtHoc Mobile Experience to Enable More Intelligent Operations
Accessnewswire· 2025-12-17 14:00
WATERLOO, ON / ACCESS Newswire / December 17, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced a fully rebuilt mobile experience for ®®BlackBerry AtHoc, its Critical Event Management platform. The modernization strengthens how real-time situational intelligence is gathered, how developments are understood, and how response activities are coordinated during emergencies and routine activity. The new mobile app represents a major architectural overhaul. The BlackBerry AtHoc mobile environment has be ...
BIC: Share Capital Reduction by Cancellation of Treasury Shares
Globenewswire· 2025-12-16 16:45
Core Viewpoint - The company has decided to reduce its share capital by cancelling 759,848 treasury shares acquired as part of a share buyback program, which will take effect on December 17, 2025 [2][3]. Group 1: Share Buyback Program - The company announced a share buyback program on February 18, 2025, and has since acquired 759,848 shares for a total of €40 million from February 19, 2025, to November 28, 2025 [2]. - The Board of Directors has delegated powers to the Chief Executive Officer to implement the capital reduction necessary for the cancellation of the shares [3]. Group 2: Share Capital Details - Following the cancellation of the treasury shares, the company's share capital will consist of 40,861,314 shares [3].
QNX Embedded Technology Now Powering More Than 275 Million Vehicles on the Road
Accessnewswire· 2025-12-16 13:00
Milestone reinforces QNX's role as the backbone of the SDV revolution, delivering trusted, safety-certified high performance foundational software to the automotive industry WATERLOO, ON / ACCESS Newswire / December 16, 2025 / QNX, a division of BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that Counterpoint Research, a leading technology analysis and market research firm, has confirmed that QNX® software is now embedded in more than 275 million vehicles worldwide; an increase of 100 million since 20 ...
BlackBerry's Q3 Earnings Ahead: Will QNX Emerge as Key Growth Engine?
ZACKS· 2025-12-15 15:55
Key Takeaways BlackBerry is set to report fiscal Q3 results on Dec. 18, with revenues expected between $132M and $140M.BB expects QNX revenues to be $66-$70 million, driven by design wins and expansion beyond automotive markets.Secure Comm revenues are projected to be $60-$64 million, supported by lower churn and rising demand.BlackBerry Limited (BB) is set to report third-quarter fiscal 2026 results on Dec. 18.The Zacks Consensus Estimate for the bottom line is pinned at 4 cents and has remained unchanged ...
BlackBerry Limited: Profitability Pivot & QNX Momentum Are Worth Revaluation (NYSE:BB)
Seeking Alpha· 2025-12-10 12:19
This year, BlackBerry Limited ( BB ) has achieved a notable milestone by achieving GAAP profitability for the first time in years. This was possible while streamlining operations post-Cylance divestiture and ramping QNX adoption in overFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, en ...
BlackBerry Limited: Profitability Pivot & QNX Momentum Are Worth Revaluation
Seeking Alpha· 2025-12-10 12:19
This year, BlackBerry Limited ( BB ) has achieved a notable milestone by achieving GAAP profitability for the first time in years. This was possible while streamlining operations post-Cylance divestiture and ramping QNX adoption in overFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, en ...
VW offers early exits to India plant workers as it restructures operations
Reuters· 2025-12-10 12:06
Volkswagen Group is offering early retirement to all of its 2,300 workers across its two factories in India, sources said, as the automaker seeks to overcome obstacles to growth in the world's third-l... ...