BlackBerry Ltd
blackberry.comWhat Do They Do?
Builds embedded software for automakers and other industrial, medical and robotics companies, and secure communications software for governments and regulated enterprises.
10-K for FY2026, filed Apr 9, 2026The Company’s QNX division develops safe, reliable software for embedded systems across technology-driven industries, including automotive…View ↗
The Company’s Secure Communications division delivers operational resiliency with a government-grade portfolio of secure, certified…View ↗
QNX is also a preferred supplier of embedded systems for companies building medical devices, robotics, physical AI solutions, rail systems…View ↗
The Secure Communications division consists of BlackBerry SecuSUITE, BlackBerry UEM and BlackBerry AtHoc.View ↗
How Do They Make Money?
Automakers and other embedded-software customers buy QNX licenses, shipment-based royalties, and support; license revenue comes when software is available, royalties as customer hardware ships, and support over its term. Secure Communications customers buy software licenses, often on subscriptions that earn revenue over the term; patent licenses may pay once upfront or in multiple payments.
10-K for FY2026, filed Apr 9, 2026The Company licenses QNX and BlackBerry Certicom technology and provides professional engineering services to OEM customers in the…View ↗
QNX software license revenue from both term subscription and perpetual contracts is recognized at a point in time when the software is made…View ↗
Revenue from technical support is recognized over the support period. Revenue from professional services is recognized as the customer…View ↗
If the licensed software in a contract requires access to the Company’s proprietary secure network infrastructure in order to function…View ↗
The Company’s outbound patent licensing agreements provide for license fees that may be a single upfront payment or multiple payments…View ↗
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10-K for FY2026, filed Apr 9, 2026
FY2026 revenue by reportable segment ↗
$549.1M
-
10-K for FY2026, filed Apr 9, 2026
$549.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
QNX
Mix
|
49%
FY2023: 39%
|
QNX, FY2026
$268M Sources
|
Mix |
|
Secure Communications
Mix
10-K for FY2026, filed Apr 9, 2026 |
47%
FY2023: 55%
|
Secure Communications, FY2026
$258.9M Sources
|
Mix |
|
Licensing
Licensed
|
4.0%
FY2023: 6.2%
|
Licensing, FY2026
$22.2M Sources
|
Licensed |
Who Are Their Customers?
Automakers and other embedded-software customers buy through direct sales and channel partners; government and regulated-industry customers buy through direct sales, resellers and alliance partners. Transportation and logistics companies buy Radar through BlackBerry’s sales team and third-party distributors.
10-K for FY2026, filed Apr 9, 2026The Company focuses on regulated industries with vertical‑specific use cases, including automotive, government, financial services…View ↗
The Company licenses QNX and BlackBerry Certicom technology and provides professional engineering services to OEM customers in the…View ↗
The Company also markets and sells BlackBerry Radar secure asset monitoring products and services to enterprise customers through its…View ↗
The Company licenses its Secure Communications products, including complementary third-party applications, through a…View ↗
10-K for FY2026, filed Apr 9, 2026
There was one customer that comprised 12% of the Company’s revenue in fiscal 2026 (fiscal 2025 - one customer that comprised 14%; fiscal…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 10 cents of every revenue dollar as net income in FY2026 and turned 8 cents into free cash flow.
10-K for FY2026, filed Apr 9, 2026
$48.3MView ↗
10-K for FY2026, filed Apr 9, 2026
$53.2MView ↗
10-K for FY2026, filed Apr 9, 2026
$46.5MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2027, filed Sep 24, 2026
$33.9MView ↗
- ▲ +155%
- vs $13.3M in Q2 FY2026
10-Q for Q2 FY2027, filed Sep 24, 2026
Open tableView ↗
Shrinking. Revenue fell 24% in 4 years, from $718M in FY2022 to $549.1M in FY2026, about 6% a year.
Cylance exit
The older report included Cylance cybersecurity products; the latest describes Secure Communications around UEM, SecuSUITE and AtHoc after the Cylance asset sale.
10-K for FY2023, filed Mar 31, 2023
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