BlackBerry Limited reported a revenue of $549.1 million for the fiscal year ending February 28, 2026, marking a 2.7% increase from $534.9 million in the previous fiscal year. The company achieved a net income of $53.2 million, or $0.09 per share, a significant turnaround from a net loss of $79.0 million, or a loss of $0.13 per share, in fiscal 2025. This improvement in profitability was attributed to a combination of increased revenue, a higher gross margin percentage, and reduced operating expenses.
The company's QNX division, which develops software for embedded systems, saw a revenue increase of $32.0 million to $268.0 million, driven by higher royalty revenue and development seat revenue. In contrast, the Secure Communications segment experienced a decline in revenue, falling to $258.9 million from $272.6 million, primarily due to decreased product revenue from Secusmart and BlackBerry UEM. The Licensing segment also saw a decrease, with revenue dropping to $22.2 million from $26.3 million, attributed to a decline in intellectual property licensing arrangements.
Operationally, BlackBerry reported a total employee count of 1,749 as of February 28, 2026, with a significant portion of its workforce based in Canada. The company has continued to focus on strategic initiatives, including the launch of new products such as the QNX Hypervisor 8.0 and the foundational QNX OS for Safety 8.0, which are designed to enhance its offerings in the automotive and industrial sectors. Additionally, BlackBerry has expanded its partnerships with major automotive manufacturers, including Mercedes-Benz and BMW, to integrate its technology into next-generation vehicles.
Looking ahead, BlackBerry anticipates revenue growth in fiscal 2027, projecting total revenue between $584 million and $611 million. The company expects QNX revenue to reach between $290 million and $307 million, while Secure Communications revenue is forecasted to be between $270 million and $280 million. The company also plans to maintain its focus on operational efficiency and innovation, with an emphasis on enhancing its product portfolio and expanding its market presence.
About BLACKBERRY Ltd
BlackBerry Limited provides intelligent software and services focused on embedded systems and secure communications for enterprises, governments, and OEMs worldwide. Its core segments include QNX, offering foundational automotive and industrial embedded software, and Secure Communications, delivering secure mobile, messaging, and critical event management solutions. BlackBerry serves automotive, healthcare, government, and regulated industries, leveraging extensive patents and a cloud-first approach to enable secure, reliable, and safety-certified connected devices and communications.
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