Overview

• 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.