BlackBerry Limited (BB) reported fiscal 2027 second-quarter revenue of $163.3 million, up 26% year over year, and GAAP net income of $33.9 million, compared with $13.3 million a year earlier. Adjusted EBITDA was $47.0 million, up 81%, and GAAP operating income was $33.6 million, up 192%. Operating cash flow was $29.3 million, versus $3.4 million in the prior-year quarter.
QNX revenue increased 27% to $80.3 million, and its segment adjusted EBITDA rose 41% to $29.0 million. Secure Communications revenue increased 2% to $60.9 million, while its segment adjusted EBITDA declined 18% to $8.0 million and its adjusted gross margin fell five percentage points to 61%. Licensing revenue was $22.1 million. Cash and investments totaled $447.1 million as of August 31, 2026.
Coretura selected Alloy Kore for its next-generation commercial vehicle software platform, adding over $100 million to QNX's royalty backlog; BlackBerry described it as the largest design win in QNX history. BlackBerry raised fiscal 2027 guidance to revenue of $616–$636 million and adjusted EBITDA of $141–$158 million.
BlackBerry Limited (BB) reports that QNX, its embedded software division, and Vector Informatik have secured the first design win for Alloy Kore, their jointly developed foundational vehicle operating system. Coretura, the software-defined vehicle platform company founded by Daimler Truck and Volvo Group, has selected Alloy Kore as the safety-certified software platform foundation for its commercial vehicle SDV architecture.
BlackBerry states that this design win adds over $100 million to the QNX royalty backlog, which it defines as estimated future revenue from variable forecasted royalties, and notes that this is the largest design win in QNX history. The company emphasizes that backlog represents an estimate based on royalty rates and anticipated volumes and may not be indicative of actual future revenue, which will depend on factors such as production volumes, program timing, and potential contract changes.
BLACKBERRY Ltd (symbol: BB) is the issuer of record for a Form 4 filing submitted to the SEC.
BLACKBERRY Ltd (BB) reported that director Lori O'Neill received a grant of 9,663 Deferred Share Units (DSUs) on 2026-08-31. This award is reported as an acquisition of a derivative security linked to BlackBerry common shares.
After this grant, O'Neill holds 177,900 DSUs directly. Each DSU is the economic equivalent of one common share and will be settled in cash, common shares, or a combination, at BlackBerry's discretion, following the end of O'Neill's service as a director.
BLACKBERRY Ltd (BB) reported that director Richard J. Lynch received a grant of 11,810 Deferred Share Units (DSUs) on 2026-08-31, classified as a derivative award acquisition. Following this grant, he directly holds 517,793 DSUs. Each DSU is the economic equivalent of one common share and becomes payable, in cash, common shares, or a combination, at BlackBerry’s discretion after his service as a director ends.
BLACKBERRY Ltd (symbol: BB) is the issuer of record for a Form 4 filing submitted to the SEC.
BLACKBERRY Ltd (symbol: BB) is the issuer of record for a Form 4 filing submitted to the SEC.
BlackBerry Ltd (BB) director Lisa S. Disbrow reported an acquisition of derivative equity compensation. On 2026-08-31, she received a grant of 10,123 Deferred Share Units (DSUs), each economically equivalent to one common share, increasing her directly held DSUs to 359,106. The DSUs will become payable in cash, common shares, or a combination, at BlackBerry’s discretion, following the end of her board service.
BLACKBERRY Ltd (symbol: BB) is the issuer of record for a Form 4 filing submitted to the SEC.
BlackRock, Inc. filed an amended Schedule 13G reporting passive ownership in BlackBerry Ltd common stock. BlackRock reports beneficial ownership of 25,803,964 shares, representing 4.4% of BlackBerry’s outstanding common shares.
BlackRock has sole voting power over 25,651,311 shares and sole dispositive power over 25,803,964 shares, with no shared voting or dispositive power. Various underlying clients or investors have rights to dividends or sale proceeds, but no single person has an interest in more than five percent of BlackBerry’s outstanding common shares. The filing is signed by Spencer Fleming, Managing Director at BlackRock.