BlackBerry : PDF (Q1 FY26 Investor Presentation Final)
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Published on 06/24/2025 at 17:25
Intelligent Security. Everywhere.
I N V E S T O R P R E S E N T A T I O N | Q 1 F Y 2 0 2 6
Revenue
Non-GAAP
Gross Margin1
Non-GAAP
Earnings per Share1
GAAP
Net Income
© 2024 BlackBerry. All Rights Reserved
See appendix for detail and reconciliation of non-GAAP measures to US GAAP
See form 10-K for definitions of key metrics 3
© 2025 BlackBerry. All Rights Reserved.
Adjusted EBITDA 1
Total ending Cash & Investments
Operating Cash Usage
Non-GAAP OPEX1
Q1 FY26 GAAP Net Income improved $43M year-over-year
Driven by the cost reduction efforts taken over the past year
Adjusted EPS1 was $0.02 in Q1
© 2024 BlackBerry. All Rights Reserved
1. See form 10Q for detail and reconciliation of non-GAAP measures to US GAAP
4
© 2025 BlackBerry. All Rights Reserved.
BlackBerry has a solid cash and investment position in excess of $380 million
US$ millions
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
-$11
-$7
-$20
-$41
-$56
$2
QNX
SEGMENT FINANCIALS
Segment revenue ($M)
Segment cost of sales ($M)
Segment gross margin ($M)
Segment gross margin %
Segment adjusted R&D
Segment adjusted S&M
Segment adjusted G&A
Segment adjusted OPEX
Less Amortization in the above
Segment Adjusted EBITDA
Segment Adjusted EBITDA %
KEY METRICS
QNX Royalty Backlog ($M)
Q1
FY25
Q2
FY25
Q3 FY25
Q4 FY25
FY25
Q1 FY26
53.2
54.7
62.3
65.8
236
57.5
9.5
9.3
8.9
11.1
38.8
11.2
43.7
45.4
53.4
54.7
197.2
46.3
82%
83%
86%
83%
84%
81%
16.4
14.7
15.7
13.1
59.9
12.4
10.7
9.8
11.6
14.5
46.6
13.3
8.2
8.4
8.8
8.5
33.9
8.6
35.3
32.9
36.1
36.1
140.4
34.3
0.5
0.6
0.6
0.6
2.3
0.7
8.9
13.1
17.9
19.2
59.1
12.7
17%
24%
29%
29%
25%
22%
~865
Revenue of $57.5M beats top end of guidance range and grew 8% year-over-year
Development Seat and Royalty revenue both increased year-over-year
Gross margin in Q1 decreased 1% year-over-year to 81%
Automotive design wins
Continued wins in digital cockpit and ADAS
New Product Traction
SDP 8.0 pipeline grew 55% in the quarter
Traction in adjacent verticals - General Embedded Market (GEM)
© 2024 BlackBerry. All Rights Reserved
1. See form 10-K for definitions of key metrics
5
© 2025 BlackBerry. All Rights Reserved.
GEM represents 43% of total SDP 8.0 pipeline
Disclaimer
BlackBerry Ltd. published this content on June 24, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 24, 2025 at 21:24 UTC.