Overview

• BlackBerry recorded a net profit of $1.9 million in its first quarter, marking the first profitable quarter since early 2022.
• First-quarter revenue reached $121.7 million, exceeding analyst estimates of $112.18 million.
• QNX division sales grew 8% year-over-year to $57.5 million with an 81% gross margin while Secure Communications revenue hit $59.5 million at a 70% margin.
• BlackBerry affirmed fiscal 2026 adjusted EPS guidance of $0.08 to $0.10 per share and raised its revenue forecast to $508 million–$538 million.
• The company executed $10 million in share buybacks and delivered $16.4 million in adjusted operating earnings with a 75% non-GAAP gross margin.