Overview

• BlackBerry forecasts fiscal 2026 revenue between $504 million and $534 million, below both the prior year's $534.9 million and analysts' expectations of $567.3 million.
• Revenue from the cybersecurity division is expected to decline to $230 million-$240 million, down from $272.6 million in fiscal 2025.
• The company completed the $160 million sale of its Cylance business to Arctic Wolf, citing a shift toward high-growth opportunities.
• BlackBerry's stock dropped nearly 11% following the announcement of weaker-than-expected revenue projections.
• This marks another challenge in BlackBerry's transition from hardware to software and services, as reduced enterprise technology spending impacts performance.