Overview

• BlackBerry delivered a Q1 GAAP net profit of US$1.9 million, marking its first quarterly profitability since early 2022 and reporting adjusted earnings of $0.02 per share versus a zero-cent consensus.
• Total revenue for the quarter reached $121.7 million, outperforming analysts’ estimate of $112.18 million.
• The QNX automotive software division grew 8 percent year-over-year to $57.5 million while Secure Communications revenue hit $59.5 million, exceeding prior guidance.
• The company repurchased US$10 million of its shares during the quarter as part of a US$100 million buyback program.
• Fiscal 2026 revenue guidance was raised to a range of $508 million to $538 million, up from an earlier forecast of $504 million to $534 million.