BlackBerry | 10-Q: Q3 2026 Earnings Report

BlackBerry reported Q3 FY2026 revenue of $141.8 million, slightly down from $143.6 million year-over-year, with net income of $13.7 million or $0.02 per share. QNX revenue grew 10.3% to $68.7 million driven by increased royalties and development seats, while Secure Communications revenue declined 10.2% to $67 million due to lower Secusmart product sales.Gross margin was 77.5% compared to 78.1% in Q3 FY2025, with adjusted EBITDA of $28.7 million. Operating expenses increased 5.7% to $98 million primarily due to higher salaries, incentive costs and consulting fees. The company maintained a strong financial position with $377.5 million in cash and investments as of November 30, 2025.Looking ahead, BlackBerry raised its FY2026 revenue guidance to $531-541 million and adjusted EBITDA forecast to $94-104 million. The company expects Q4 QNX revenue of $71-77 million and Secure Communications revenue of $61-65 million, while continuing its $200 million share buyback program initiated in May 2025.

BlackBerry reported Q3 FY2026 revenue of $141.8 million, slightly down from $143.6 million year-over-year, with net income of $13.7 million or $0.02 per share. QNX revenue grew 10.3% to $68.7 million driven by increased royalties and development seats, while Secure Communications revenue declined 10.2% to $67 million due to lower Secusmart product sales.Gross margin was 77.5% compared to 78.1% in Q3 FY2025, with adjusted EBITDA of $28.7 million. Operating expenses increased 5.7% to $98 million primarily due to higher salaries, incentive costs and consulting fees. The company maintained a strong financial position with $377.5 million in cash and investments as of November 30, 2025.Looking ahead, BlackBerry raised its FY2026 revenue guidance to $531-541 million and adjusted EBITDA forecast to $94-104 million. The company expects Q4 QNX revenue of $71-77 million and Secure Communications revenue of $61-65 million, while continuing its $200 million share buyback program initiated in May 2025.