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NYSE · Technology

BLACKBERRY Ltd (BB)

As-reported financials and SEC filings for BLACKBERRY Ltd. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About BLACKBERRY Ltd

BlackBerry Ltd provides secure, reliable software solutions primarily through its two divisions, QNX and Secure Communications. The QNX division develops safety-certified operating systems and middleware for embedded systems used in automotive, medical devices, robotics, and industrial automation, serving major automakers and industrial companies. The Secure Communications division offers government-grade secure voice, messaging, conferencing, critical event management, and unified endpoint management solutions for governments, militaries, and enterprises.

Snapshot

Revenue
$549.1M
Revenue growth (YoY)
2.7%
Net income
$53.2M
Diluted EPS
$0.09
Gross margin
76.2%
Operating margin
8.8%
Net margin
9.7%
FCF margin
8.5%
ROE
7.1%
net income / fiscal-year-end equity
P/E
86.5×
trailing when available, otherwise FY EPS
Market cap
$5.07B
Long-term debt / equity
0.26×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended February 28, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at BLACKBERRY

  • Revenue grew 2.7% to $549M in FY2026, after a 29.5% decline the year before.
  • Operating margin turned positive at 8.8% in FY2026, from a 0.3% operating loss in FY2022.
  • Most recent quarter Q1 FY2027: revenue $153M, up 25.6% from Q1 FY2026.
  • Free cash flow was $47M in FY2026, 8.5% of revenue.
  • Net income turned positive at $53M in FY2026, from a $79M loss in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where BLACKBERRY’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin76.2%
72nd percentile of 264
Operating margin8.8%
69th percentile of 303
Net margin9.7%
69th percentile of 307
FCF margin8.5%
39th percentile of 285
Revenue growth (YoY)+2.7%
29th percentile of 325
ROE7.1%
58th percentile of 285
P/E86.5×
90th percentile of 169
Long-term debt / equity0.26×
37th percentile of 127
Short interest3.55d
54th percentile of 330

BLACKBERRY’s P/E of 86.5 ranks in the 90th percentile of the 169 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 13 insider sales totaling $4.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$546.1M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$168.4M13.3MAdded
Two Sigma InvestmentsquantQ2 2026$135.8M10.7MAdded
Citadel AdvisorsquantQ2 2026$115.5M9.1MAdded
Renaissance TechnologiesquantQ2 2026$103.7M8.2MAdded
Millennium ManagementquantQ2 2026$16.9M1.3MReduced
Gotham Asset ManagementQ2 2026$4.1M325.1KReduced
AQR Capital ManagementquantQ2 2026$1.8M139.6KNew

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
13
$4.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-14
filed 2026-07-15
Kurtz Philip S.CLO & Corp. SecretarySell30.0K$11.32$340K
2026-07-09
filed 2026-07-10
GIAMATTEO JOHN JOSEPHCEO & President, Secure Comm.Sell120.2K$11.45$1.4M
2026-07-09
filed 2026-07-10
GIAMATTEO JOHN JOSEPHCEO & President, Secure Comm.Sell27.0K$10.92$295K
2026-07-09
filed 2026-07-10
Foote TimChief Financial OfficerSell8.2K$10.92$90K
2026-07-09
filed 2026-07-10
Kurtz Philip S.CLO & Corp. SecretarySell6.4K$11.07$71K
2026-07-09
filed 2026-07-10
GIAMATTEO JOHN JOSEPHCEO & President, Secure Comm.Sell4.8K$11.27$54K
2026-07-09
filed 2026-07-10
Armstrong-Owen JenniferSr VP & Chief People OfficerSell3.3K$10.92$36K
2026-07-08
filed 2026-07-10
GIAMATTEO JOHN JOSEPHCEO & President, Secure Comm.Sell125.0K$11.00$1.4M
2026-07-02
filed 2026-07-06
GIAMATTEO JOHN JOSEPHCEO & President, Secure Comm.Sell28.3K$11.22$317K
2026-07-02
filed 2026-07-06
Foote TimChief Financial OfficerSell22.8K$12.55$286K
2026-07-02
filed 2026-07-06
Kurtz Philip S.CLO & Corp. SecretarySell4.2K$11.56$48K
2026-07-02
filed 2026-07-06
Foote TimChief Financial OfficerSell3.1K$11.22$34K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
36.9M
settled 2026-08-14
Change vs prior
-5.9%
vs previous settlement
Days to cover
3.55
at avg daily volume
Avg daily volume
10.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1436.9M-5.9%3.55
2026-07-3139.2M-7.2%2.15
2026-07-1542.3M-5.1%1.49
2026-06-3044.5M+13.8%1.15
2026-06-1539.1M+20.6%1.00
2026-05-2932.5M-4.9%1.00
2026-05-1534.2M+7.6%1.19
2026-04-3031.7M+4.1%1.44

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$549.1M$534.9M$759.1M$526.3M$718.0M
Gross profit$418.2M$394.9M$490.7M$366.6M$467.0M
Operating income$48.3M$800,000$11.0M$-206.8M$-2.0M
Net income$53.2M$-79.0M$-130.2M$-734.4M$12.0M
Diluted EPS$0.09$-0.13$-0.22$-1.35$-0.31

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$50.3M$16.5M$-3.5M$-262.2M$-28.0M
Capital expenditure$3.8M$3.1M$7.1M$7.3M$8.0M
Free cash flow$46.5M$13.4M$-10.6M$-269.5M$-36.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$152.9M25.6%$8.5M
Q4 FY2026$156.0M10.1%$24.3M$0.04
Q3 FY2026$141.8M-1.3%$13.7M$0.02
Q2 FY2026$129.6M2.7%$13.3M$0.02
Q1 FY2026$121.7M-1.4%$1.9M$0.00
Q4 FY2025$141.7M-7.4%$-7.4M$-0.01
Q3 FY2025$143.6M-5.5%$-10.5M$-0.02
Q2 FY2025$126.2M-4.4%$-19.7M$-0.03

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended February 28, 2026)
Latest reported quarterQ1 FY2027 (ended May 31, 2026)
Oldest indexed filing2012
SEC CIK1070235

Selected SEC filings

10-K2026-04-09
View on EDGAR →
10-Q2026-06-25
View on EDGAR →
8-K2026-06-25
View on EDGAR →
8-K2026-06-25
View on EDGAR →
8-K2026-05-08
View on EDGAR →
8-K2026-04-09
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.