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BlackBerry Limited

BlackBerry Reports 10% YoY Revenue Growth and Improved Profitability for FY 2026

| 8-K |Technology

Summary

BlackBerry Limited reported a 10% year-over-year revenue growth for the quarter and a 3% increase for the full fiscal year 2026. The company achieved an adjusted gross margin of 78.2% for the quarter and 76.6% for the full year. BlackBerry's QNX segment posted record quarterly revenue of $78.7 million, up 20% year-over-year, and achieved the Rule of 40 for both the quarter and the full fiscal year. The Secure Communications segment returned to year-over-year revenue growth for the quarter, driven by accelerating demand for digital sovereignty solutions. Adjusted net income increased by 92% year-over-year to $34.0 million for the quarter and improved for the eighth consecutive quarter. For fiscal year 2027, BlackBerry provided guidance for total revenue between $584 million and $611 million.

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About BlackBerry Limited

BlackBerry Limited is a multinational company known for its pivotal role in the evolution of mobile communication. Initially renowned for its pioneering smartphones, BlackBerry has transitioned into a leader in the cybersecurity and software industry. The company's primary function now focuses on providing comprehensive security solutions and software services, which are crucial for the IT infrastructure of businesses worldwide. BlackBerry's products include enterprise software, internet of things (IoT) technology, and cybersecurity consultancy services, targeting sectors such as automotive, healthcare, and government. With a robust portfolio in end-to-end security and embedded systems, BlackBerry plays a crucial role in securing data and communications across various digital platforms. Headquartered in Waterloo, Ontario, Canada, the company has refocused its efforts on innovation within the tech industry, emphasizing privacy, safety, and cybersecurity in today's interconnected world. This transition underscores its sustained market significance as a trusted partner for business technological solutions.

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