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Aug 31
BlackBerry Q2 2026 Earnings Report
BlackBerry reported revenue growth, positive GAAP net income, and strong segment performance in Q2 2026.
Key Takeaways
BlackBerry delivered solid financial results in Q2 2026, achieving GAAP profitability with revenue of $129.6 million. The QNX and Secure Communications divisions both exceeded guidance, while the company posted positive operating cash flow and returned capital to shareholders.
BlackBerry achieved GAAP profitability for a second consecutive quarter.
QNX posted strong 15% YoY growth and exceeded adjusted EBITDA guidance.
Secure Communications exceeded top and bottom-line guidance.
Returned $20M to shareholders through share repurchases.
BlackBerry
BlackBerry
BlackBerry Revenue by Segment
Revenue by Segment
QNX (IoT) Revenue
CapyFin.comSecure Comms Revenue
CapyFin.comLicensing Revenue
CapyFin.com Forward Guidance
BlackBerry provided Q3 and full-year FY2026 guidance, expecting continued revenue growth and profitability across segments.
Positive Outlook
- Total Q3 revenue guided between $132M–$140M
- Full year revenue guided between $519M–$541M
- QNX full-year revenue raised to $256M–$270M
- Secure Communications full-year revenue raised to $239M–$247M
- Operating cash flow expected to reach $35M–$40M for FY2026
Challenges Ahead
- Secure Communications segment saw a YoY decline in Q2 revenue
- Overall cash position decreased by $18.4M sequentially
- Stock-based compensation continues to affect adjusted results
- Licensing revenue remains relatively flat with limited growth
- Ongoing restructuring charges impacting expenses
Revenue & Expenses
Visualization of income flow from segment revenue to net income