BLACKBERRY Ltd
Business
BlackBerry Ltd provides secure, reliable software to automakers, governments, and regulated industries. The company operates two core divisions: QNX, which develops embedded operating systems and foundational software for automotive, medical, robotics, and industrial applications; and Secure Communications, which delivers government-grade secure voice, messaging, conferencing, and crisis-management solutions. A third division, Licensing, monetizes the company's patent portfolio. Revenue is generated through perpetual and subscription-based software licenses, royalties, professional services, and patent licensing across automotive OEMs, Tier 1 suppliers, government agencies, and enterprise customers globally.
Summary from 10-K filed 2026-04-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Revenues | 549 | 535 | 759 | 526 | 718 | |
| Cost of Revenue | −131 | −140 | −268 | −160 | −251 | |
| Gross margin | 418 | 395 | 491 | 367 | 467 | |
| Research and development | 114 | 109 | 127 | 134 | 219 | |
| Sales and marketing | 114 | 96 | 104 | 103 | 183 | |
| General and administrative | 129 | 160 | 187 | 172 | 114 | |
| Amortization | 11 | 18 | 27 | 27 | 165 | |
| Goodwill impairment loss continuing operations | — | 0 | 16 | 112 | — | |
| Impairment of long-lived assets (note 4) | 2 | 10 | 15 | 4 | 0 | |
| Prior Debentures fair value adjustment | 0 | 0 | 4 | −137 | −212 | |
| Litigation settlement | 0 | 3 | 0 | 165 | 0 | |
| Total operating expenses | 370 | 394 | 480 | 573 | 469 | |
| Operating income | 48 | 800,000 | 11 | −207 | −2 | |
| Investment income, net (note 4 and note 7) | 11 | 8 | 19 | 5 | 21 | |
| Income before income tax | 59 | 9 | 30 | −202 | 19 | |
| Provision for income taxes (note 6) | 6 | 17 | 24 | 14 | 7 | |
| Consolidated income from continuing operations before income taxes | 53 | −9 | 6 | −216 | — | |
| Gain from disposal of discontinued operation, net of tax (note 3) | 0 | 10 | 0 | 0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, before Income Tax | 0 | −81 | −136 | −519 | — | |
| Earnings Per Share, Basic | 0.09 | −0.13 | −0.22 | −1.27 | 0.02 | |
| Earnings Per Share, Diluted | 0.09 | −0.13 | −0.22 | −1.35 | −0.31 | |
| Diluted earnings (loss) per share from continuing operations | 0.09 | −0.01 | 0.01 | −0.54 | — | |
| Basic earnings (loss) per share from continuing operations | 0.09 | −0.01 | 0.01 | −0.37 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents (note 4) | 275 | 267 | 175 | 296 | 378 | |
| Short-term Investments | 85 | 71 | 62 | 131 | 334 | |
| Accounts Receivable, after Allowance for Credit Loss, Current | 156 | 174 | 199 | 120 | 138 | |
| Other receivables (note 5) | 8 | 48 | 21 | 12 | 25 | |
| Income taxes receivable | 3 | 2 | 4 | 3 | 9 | |
| Other current assets (note 5) | 42 | 30 | 35 | 182 | 159 | |
| Total current assets | 568 | 592 | 508 | 743 | 1,043 | |
| Restricted cash and cash equivalents (note 4) | 14 | 14 | 25 | 27 | 28 | |
| Long-term investments | 58 | 59 | 36 | 34 | 30 | |
| Other long-term assets (note 4) | 56 | 77 | 55 | 8 | 9 | |
| Operating lease right-of-use assets, net | 17 | 22 | 32 | 44 | 50 | |
| Property, plant and equipment, net (note 5) | 12 | 13 | 21 | 25 | 41 | |
| Intangible assets, net (note 5) | 40 | 47 | 58 | 203 | 522 | |
| Goodwill (note 5) | 479 | 472 | 475 | 489 | 844 | |
| Total assets | 1,245 | 1,296 | 1,395 | 1,679 | 2,567 | |
| Accounts payable | 6 | 31 | 17 | 24 | 22 | |
| Accrued liabilities (note 5) | 112 | 126 | 114 | 143 | 157 | |
| Income taxes payable (note 6) | 12 | 26 | 28 | 20 | 11 | |
| Deferred revenue, current (note 13) | 139 | 162 | 149 | 175 | 207 | |
| Total current liabilities | 268 | 344 | 357 | 729 | 397 | |
| Deferred revenue, non-current | 14 | 6 | 15 | 40 | 37 | |
| Operating lease liabilities | 19 | 29 | 38 | 52 | 66 | |
| Other long-term liabilities | 2 | 2 | 3 | 1 | 4 | |
| Long-term notes (note 7) | 197 | 195 | 194 | 0 | — | |
| Total liabilities | 499 | 576 | 620 | 822 | 1,011 | |
| Preferred shares: authorized unlimited number of non-voting, cumulative, redeemable and retractable | 0 | 0 | 0 | 0 | 0 | |
| Common shares: authorized unlimited number of non-voting, redeemable, retractable Class A common shares and unlimited number of voting common shares Issued - 587,431,120 voting common shares (February 28, 2025 - 590,230,655) | 2,924 | 2,976 | 2,948 | 2,909 | 2,869 | |
| Deficit | −2,167 | −2,237 | −2,158 | −2,028 | −1,294 | |
| Accumulated other comprehensive income (loss) | −11 | −19 | −14 | −24 | −19 | |
| Total shareholders' equity | 746 | 720 | 775 | 857 | 1,556 | |
| Total liabilities and shareholders' equity | 1,245 | 1,296 | 1,395 | 1,679 | 2,567 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Amortization | 18 | 45 | 59 | 105 | 176 | |
| Stock-based compensation | 23 | 26 | 33 | 34 | 36 | |
| Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax | 0 | −10 | 0 | 0 | — | |
| Impairment of goodwill | 0 | 0 | 35 | 245 | — | |
| Intellectual property disposed of by sale | 0 | 0 | 147 | 0 | 0 | |
| Operating leases | −11 | −11 | −14 | −15 | −16 | |
| Other | 1 | 2 | 2 | 6 | −3 | |
| Accounts receivable, net of allowance | 18 | 25 | −79 | 18 | 44 | |
| Other receivables | 3 | 12 | −9 | 13 | 0 | |
| Income taxes receivable | −1 | 2 | −500,000 | 6 | 1 | |
| Other assets | 8 | −16 | −54 | −500,000 | 15 | |
| Accounts payable | −27 | 14 | −7 | 3 | 2 | |
| Accrued liabilities | −10 | 6 | −20 | −12 | −16 | |
| Income taxes payable | −13 | −3 | 9 | 9 | 5 | |
| Deferred revenue | −15 | −6 | 8 | −29 | −50 | |
| Net cash provided by (used in) operating activities | 50 | 17 | −4 | −262 | −28 | |
| Acquisition of long-term investments | 0 | 0 | −2 | −3 | −1 | |
| Proceeds on sale, maturity or distribution from long-term investments | 1 | 0 | 0 | 0 | 35 | |
| Acquisition of property, plant and equipment | −4 | −3 | −7 | −7 | −8 | |
| Acquisition of intangible assets | −6 | −7 | −14 | −34 | −31 | |
| Change in consideration for business acquisition | 38 | 80 | 0 | — | 0 | |
| Acquisition of short-term investments | −154 | −155 | −154 | −514 | −916 | |
| Proceeds on sale or maturity of short-term investments | 140 | 146 | 224 | 716 | 1,104 | |
| Net cash provided by investing activities | 16 | 61 | 47 | 175 | 207 | |
| Issuance of common shares | 3 | 3 | 6 | 6 | 10 | |
| Repayments of Debt | 0 | 0 | −515 | 0 | 0 | |
| Proceeds from Issuance of Extension Debentures and Notes (note 7) | 0 | 0 | 344 | 0 | 0 | |
| Net cash provided by (used in) financing activities | −58 | 3 | −165 | 6 | 10 | |
| Effect of foreign exchange gain (loss) on cash, cash equivalents, restricted cash, and restricted cash equivalents | 900,000 | −500,000 | 200,000 | −3 | −1 | |
| Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents during the year | 9 | 80 | −122 | −84 | 188 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BLACKBERRY Ltd's CIK number?
BLACKBERRY Ltd's SEC CIK number is 0001070235 (1070235). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BLACKBERRY Ltd's SEC filings?
All of BLACKBERRY Ltd's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BLACKBERRY Ltd last report earnings?
BLACKBERRY Ltd (BB) most recently filed an earnings 8-K with the SEC on Jun 25, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001070235-26-000071). This is BLACKBERRY Ltd's most recent earnings filing of record — not a forecast of its next earnings date.
What is BLACKBERRY Ltd's most recent earnings 8-K?
BLACKBERRY Ltd's latest earnings 8-K (Item 2.02) was filed Jun 25, 2026 under accession 0001070235-26-000071. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BLACKBERRY Ltd's latest earnings 8-K →
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