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BlackBerry BB QNX — Cost of Sales

Other segment segments

Secure Communications
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$1.5M-6.3%

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Other financials

Income statement

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Revenue$152.9M+25.6%
Gross profit$119.7M+32.6%
Operating income$15.3M+665%
Net income$8.5M+347%
EPS (diluted)$0.01

Balance sheet

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Cash & equivalents$256.8M-7.0%
Total debt$221.1M-0.4%
Total equity$750.7M+3.5%
Total assets$1.2B+2.5%

Cash flow

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Operating cash flow$4.6M+126%
CapEx$2.9M+222%
Free cash flow$1.7M+109%

Valuation

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Market cap$5.15B+133%
Enterprise value$5.11B+138%
P/E86.1×
P/S8.9×+4.7×

Profitability

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Gross margin77.1%+3.0pp
Operating margin10.6%
Net margin10.3%+7.4pp
FCF margin11.6%+9.5pp

Returns & leverage

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Return on equity8.1%+5.9pp
Debt / equity0.3×0.0×
Current ratio2.2×+0.1×

Where this comes from

Reported directly by BlackBerry in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: BlackBerry’s 10-Q, filed June 25, 2026.

Filed
Jun 25, 2026, 4:55 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001070235-26-000076
Line itemFor the Three Months Ended / QNX / May 31, 2026For the Three Months Ended / QNX / May 31, 2025For the Three Months Ended / Secure Communications / May 31, 2026For the Three Months Ended / Licensing / May 31, 2025For the Three Months Ended / Segment Totals / May 31, 2026For the Three Months Ended / Segment Totals / May 31, 2025May 31, 2026May 31, 2025
Segment revenue$72.3$57.5$73.6$59.5$7.0$4.7$152.9$121.7
Segment cost of sales10.411.220.818.11.51.6
Segment adjusted gross margin (1)$61.9$46.3$52.8$41.4$5.5$3.1$120.2$90.8

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is BlackBerry's QNX — cost of sales?
BlackBerry (BB) reported QNX — cost of sales of $10.4M in Q1 2026.
How has BlackBerry's QNX — cost of sales changed year-over-year?
BlackBerry's QNX — cost of sales decreased by 7.1% year-over-year, from $11.2M to $10.4M.
What is the long-term trend for BlackBerry's QNX — cost of sales?
Over 3 years (2023 to 2026), BlackBerry's QNX — cost of sales has grown at a 9.3% compound annual growth rate (CAGR), from $34.8M to $45.4M.
What does QNX — cost of sales mean?
This metric captures the direct costs associated with delivering embedded software products and services, including software maintenance, technical support, and the amortization of capitalized software development costs. Monitoring these costs is essential for evaluating the scalability of the segment's software delivery model. It provides insight into the operational efficiency of the business unit as it supports a growing base of enterprise and automotive customers.

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