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BlackBerry BB QNX — Segment gross margin

Other segment segments

Secure Communications
$181.7M+1.0%
Secure Communication
$52.8M+27.5%

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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:GrossProfit.

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 — segment gross margin?
BlackBerry (BB) reported QNX — segment gross margin of $61.9M in Q1 2026.
How has BlackBerry's QNX — segment gross margin changed year-over-year?
BlackBerry's QNX — segment gross margin increased by 33.7% year-over-year, from $46.3M to $61.9M.
What is the long-term trend for BlackBerry's QNX — segment gross margin?
Over 3 years (2023 to 2026), BlackBerry's QNX — segment gross margin has grown at a 9.2% compound annual growth rate (CAGR), from $170.9M to $222.6M.
What does QNX — segment gross margin mean?
This metric measures the profitability of the QNX segment by subtracting the direct cost of revenue from the total segment revenue. It reflects the underlying pricing power and cost structure of the company's embedded software offerings. A strong margin indicates high value-add and operational leverage within the specialized software market.

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