BlackBerry Limited: Beat — EPS $0.07, Revenue $163.3M
Earnings Report· 2026-09-24
BB
Q2 · 2027Pre-MarketBlackBerry Limited
@trystockwhiz
EARNING PER SHARE
Actual ($)
0.07
75.00% YoY
Expected
0.04
Beat
+75.00%
REVENUE
Actual ($)
163.30M
26.00% YoY
Expected
145.53M
Beat
+12.21%
Earning Report
| Metric | Q2 FY27 | Q2 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $163.30M | $129.60M | +26.0% |
| └─QNX | $80.30M | $63.10M | +27.0% |
| └─Secure Communications | $60.90M | $59.90M | +2.0% |
| └─Licensing | $22.10M | $6.60M | +234.8% |
| Net Income | $33.90M | $13.30M | +154.9% |
| GAAP Basic EPS | $0.06 | $0.02 | +200.0% |
| GAAP Diluted EPS | $0.05 | $0.02 | +150.0% |
| Adjusted Basic EPS | $0.07 | $0.04 | +75.0% |
Financial Outlook / Guidance
| Metric | Q3 FY27 Outlook | FY27 Outlook |
|---|---|---|
| Total BlackBerry revenue | $143M-$154M | $616M-$636M |
| QNX revenue | $82M-$88M | $315M-$325M |
| Secure Communications revenue | $55M-$60M | $260M-$270M |
| Licensing revenue | ~$6M | ~$41M |
| Total Company adjusted EBITDA | $28M-$37M | $141M-$158M |
| QNX segment adjusted EBITDA | $27M-$32M | $95M-$105M |
| Secure Communications segment adjusted EBITDA | $6M-$10M | $50M-$58M |
| Licensing segment adjusted EBITDA | ~$5M | ~$36M |
| Adjusted basic EPS | $0.04-$0.05 | $0.19-$0.22 |
| Operating cash flow | $20M-$30M | ~$115M |
Business Highlights
- ➤Coretura selected Alloy Kore for its next-generation commercial vehicle software platform.
- ➤First Alloy Kore design win was BlackBerry's largest in QNX history.
- ➤Alloy Kore win adds over $100 million to the QNX royalty backlog.
- ➤Momenta and XHEART selected QNX OS for Safety for an autonomous-driving platform.
- ➤Platform is built on SDP 8.0 and certified to ISO 26262 ASIL D.
- ➤QNX added Hailo-8 AI Accelerator support on SDP 8.0.
- ➤Benchmark testing showed QNX's higher throughput, lower latency, low power consumption and heat.
- ➤SecuSUITE renewed NIAP Common Criteria certification.
- ➤AtHoc added Microsoft Teams and Entra ID integrations.
Management Commentary
John J. Giamatteo, CEO, BlackBerry
“Our strong second quarter performance provides further evidence that BlackBerry's profitable growth model is working, with revenue, profitability, and cash flow generation all exceeding our expectations. QNX delivered record performance in the quarter, driven by strength in our core automotive business. The first Alloy Kore design win, the largest design win in QNX history, marks an important commercial milestone. We also continue to build momentum beyond automotive in the General Embedded Markets and Physical AI. Secure Communications remained a stable and profitable contributor following a particularly strong first quarter. 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.”