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BlackBerry BB Secure Communication — Cost of Sales

Other segment segments

Secure Communications
$77.2M-16.7%
QNX
$10.4M-7.1%
Licensing
$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 secure communication — cost of sales?
BlackBerry (BB) reported secure communication — cost of sales of $20.8M in Q1 2026.
How has BlackBerry's secure communication — cost of sales changed year-over-year?
BlackBerry's secure communication — cost of sales increased by 14.9% year-over-year, from $18.1M to $20.8M.
What does secure communication — cost of sales mean?
This metric captures the direct costs associated with delivering secure communication software and services, including cloud infrastructure hosting, customer support, and third-party licensing fees. Monitoring this helps evaluate the direct cost efficiency of the segment's service delivery model.

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