BlackBerry Faces Revenue Decline for Fiscal 2026 Amid Strategic Shift

The company projects lower earnings due to weak cybersecurity demand and revises its QNX automotive software forecasts while focusing on high-growth areas.

BlackBerry forecasts fiscal 2026 revenue to decline to $504 million to $534 million, down from $534.9 million in fiscal 2025, citing weak demand for cybersecurity services.
The company's Secure Communications unit revenue is projected to drop to $230 million to $240 million, compared to $272.6 million in the previous year.
BlackBerry revised its QNX software revenue forecast to $250 million to $270 million, lowering the previous range of $260 million to $270 million.
The company completed the sale of its Cylance cybersecurity business to Arctic Wolf for $160 million, redirecting focus to high-growth areas like automotive software and IoT.
Despite better-than-expected Q4 fiscal 2025 results, including $141.7 million in revenue, BlackBerry's weaker revenue outlook has led to significant stock market volatility.