FINANCE NOTE

BlackBerry (NYSE: BB) — Q2 FY2027 Post Earnings

Operations

As of September 25, 2026
Q2 Revenue ↑ 26% YoY $163M
Divisions
QNX 49.2%
Secure Communications 37.3%
Licensing 13.5%

Key Earnings Driver

Licensing QNX revenue increased 27.1% year over year to $80.3M. Secure Communications increased 2.0% to $60.9M, and Licensing increased 217.1% to $22.1M.

Key Operating Metrics¹

METRIC

STATUS

QNX↑ 27.1%

Secure Communications↑ 2%

Licensing↑ 217.1%

🟢 Scaling

Key Financial Metrics

Gross Margin 77.83% +3 pp YoY
Backlog / Revenue 612.0% 6.12x Qtr Rev
CapEx Intensity 4.35% 0.04x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from BlackBerry website and/or SEC filings for Q2, with status based on reported data.