Operations
Q1 2027
Q1 Revenue
↑ 25.6% YoY
$152.9M
Segments
QNX
47.3%
Secure Communications
48.1%
Licensing
4.6%
Key Earnings Driver
Development License QNX revenue increased $14.8M or 25.7% year over year to $72.3M. Within QNX, Development License revenue increased $7.5M and Royalty revenue increased $4.2M, accounting for 50.7% and 28.4% of the QNX revenue increase respectively. QNX revenue exceeded guidance due to stronger-than-expected royalty revenue. Secure Communications increased 23.7% to $73.6M, and Licensing increased 48.9% to $7.0M.
Key Operating Metrics¹
METRIC
STATUS
QNX↑ 25.7%
Development License
🟢 Scaling
Royalty
Secure Communications↑ 23.7%
SecuSUITE
UEM
Key Financial Metrics
Gross Margin
78.29%
+4.09 pp YoY
Backlog / Revenue
87.6%
0.87x Qtr Rev
CapEx Intensity
2.94%
0.02x Revenue
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from BlackBerry website and/or SEC filings for Q1, with status based on reported data.