AI Earnings Predictions for BlackBerry Limited (BB)

EX-99.1

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EX-99.1

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Exhibit 99.1

June 25, 2026

BlackBerry Reports First Quarter Fiscal Year 2027 Results

•Revenue increased 26% year-over-year to approximately $153 million

•Adjusted EBITDA grew 144% year-over-year; GAAP operating income increased year-over-year to approximately $15 million

•Both QNX and Secure Communications achieved Rule of 401 performance, contributing to BlackBerry’s fifth consecutive quarter of positive GAAP net income; Adjusted EPS exceeded expectations

•First fiscal quarter of positive operating cash flow in nine years, excluding the patent sale in FY24

Waterloo, Ontario - BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May 31, 2026 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

“Our first quarter results demonstrate continued momentum following our transformation, as we advance our strategy to drive profitable growth. We exceeded expectations for revenue, profitability, and cash generation through solid performance by our world class QNX and Secure Communications teams,” said John J. Giamatteo, CEO, BlackBerry. “We are particularly encouraged by the multi-year growth opportunities ahead in software-defined vehicles, including significant content expansion with the Alloy Kore platform, as well as broad opportunities in the general embedded market, especially physical AI. We believe these opportunities significantly enhance QNX’s long-term potential. While we remain early in the fiscal year, the foundation of the business is stronger than it has been in years, and we continue to focus on disciplined execution and creating long-term value for our shareholders.”

First Quarter Fiscal 2027 Financial Highlights

•Total company revenue of $152.9 million increased 26% year-over-year.

•Total company adjusted gross margin improved approximately 4 percentage points year-over-year to 78.6%; GAAP gross margin improved by approximately 4 percentage points year-over-year to 78.3%.

•Total company adjusted EBITDA increased by 144% year-over-year to $36.3 million; GAAP operating income improved by $13.3 million year-over-year to $15.3 million.

•QNX revenue increased 26% year-over-year to $72.3 million; QNX segment adjusted gross margin expanded by 5 percentage points year-over-year to 86%.

•QNX segment adjusted EBITDA increased 52% year-over-year to $19.3 million, representing a 27% margin.

•Secure Communications revenue increased by 24% year-over-year to $73.6 million; Secure Communications segment adjusted gross margin increased by 2 percentage points year-over-year to 72%.

•Secure Communications segment adjusted EBITDA increased 110% year-over-year to $20.2 million, representing a 27% margin.

•Secure Communications ARR remained stable at $220 million and DBNRR was 92%.

•Licensing revenue was $7.0 million; Licensing segment adjusted EBITDA was $6.2 million.

•Adjusted net income increased 135% year-over-year to $25.4 million; GAAP net income was positive for the fifth consecutive quarter at $8.5 million.

•Adjusted basic earnings per share was $0.04; GAAP basic earnings per share was $0.01.

•Operating cash flow was $4.6 million, marking BlackBerry’s first cash positive fiscal first quarter in nine years, when allowing for the sale of the non-core patent portfolio to Malikie in fiscal year 2024.

•Repurchased 2.6 million shares for $10.0 million during the quarter.

•Ended the first quarter with $422.9 million in cash and investments.

1 The company defines the Rule of 40 metric as the sum of its GAAP revenue year-over-year growth percentage and its non-GAAP adjusted EBITDA margin percentage. Where the sum equals or exceeds 40, then the Rule of 40 is considered to have been achieved.

Business Highlights & Strategic Announcements

•Expanded QNX’s collaboration with NVIDIA to advance safety-critical edge AI across robotics, medical, and industrial systems through the integration of QNX OS for Safety 8.0 with NVIDIA IGX Thor and the NVIDIA Halos Safety Stack.

•Released QNX Hypervisor 8.0 for Safety, further strengthening QNX’s position as a foundational software platform for software-defined vehicles, robotics, medical devices, and other safety critical applications.

•Leading Chinese electric vehicle company, Leapmotor, selected the QNX® Software Development Platform 8.0 and QNX® Hypervisor for Safety 8.0 to serve as the foundational software platform for its forthcoming premium electric SUV, the D19.

•Announced a collaboration with TKMS, one of the world's leading naval defence companies, for strategic collaboration in support of Canada's submarine program. TKMS will adopt QNX's trusted foundational software across its next‑generation naval platforms.

•Achieved FedRAMP Class D (High) re-certification for BlackBerry® AtHoc®.

•Announced a strategic partnership between BlackBerry Secure Communications and The IP Company to bring highly secure, certified communications capabi

EX-99.1

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Exhibit 99.1

April 9, 2026

BlackBerry Reports Fourth Quarter and Full Fiscal Year 2026 Results

•Reports 10% year-over-year revenue growth for the quarter; returns to top-line growth for fiscal year 2026

•Records eighth consecutive quarter of improvement in GAAP net income; reports operating cash flow of $45.6 million, up 9% year-over year

•QNX reports record quarterly revenue of $78.7 million, up 20% year-over-year and 14% for the full fiscal year; QNX grows royalty backlog to $950 million and achieves Rule of 401 for both the quarter and the full fiscal year

•Secure Communications returns to year-over-year revenue growth for the quarter, driven by accelerating demand for digital sovereignty solutions and expanding defence budgets

Waterloo, Ontario - BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months and fiscal year ended February 28, 2026 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

“Since our leadership transition in 2023, we have been focused on a clear goal: to transform BlackBerry into a profitable growth company. Our performance this quarter and over the past year demonstrates that we are delivering. QNX is now a Rule of 40 business, and a clear leader in automotive, embedded in more than 275 million vehicles worldwide, with growing momentum in robotics, physical AI, and other adjacent markets. Secure Communications has returned to growth, driven by a real and accelerating digital sovereignty tailwind. That growth is translating into stronger profitability and cash generation, which we are deploying with discipline,” said John J. Giamatteo, CEO, BlackBerry. “We have strengthened our fundamentals while continuing to invest – in our people, products and platforms, as well as in certifications that position BlackBerry at the center of secure, mission-critical operations. We are no longer a company in transition. We are a growth company with a proven track record of execution, and we are well positioned for the path ahead.”

Fourth Quarter Fiscal 2026 Financial Highlights

•Total company revenue was $156.0 million, up 10% year-over-year.

•Total company adjusted gross margin improved by approximately 5 percentage points to 78.2% and GAAP gross margin improved by 4 percentage points to 77.8%.

•Total company adjusted EBITDA increased by 71% year-over-year to $36.1 million; Total company GAAP operating income increased by $30.9 million year-over-year to $22.9 million.

•QNX posted record quarterly revenue of $78.7 million, up 20% year-over-year; QNX segment adjusted gross margin expanded by 1 percentage point year-over-year to 84%.

•QNX segment adjusted EBITDA was $21.4 million, representing a 27% margin.

•QNX royalty backlog increased to approximately $950 million.

•Secure Communications revenue grew 8% year-over- year to $72.5 million; Secure Communications segment adjusted gross margin was 72%, up 8 percentage points year-over-year.

•Secure Communications ARR increased by $10 million, or 5% year-over-year to $218 million; Secure Communications DBNRR increased by 1 percentage point year-over-year to 94%.

•Secure Communications segment adjusted EBITDA increased by 55% year-over-year to $19.5 million, representing a 27% margin.

•Licensing revenue was $4.8 million; Licensing segment adjusted EBITDA was $6.3 million.

•Adjusted Corporate costs, excluding amortization, were $11.1 million, down 8% year-over-year.

•Adjusted net income increased by 92% year-over-year to $34.0 million and GAAP net income improved for the eighth consecutive quarter to $24.3 million.

•Adjusted basic earnings per share was $0.06; GAAP basic earnings per share was $0.04.

•Operating cash flow was $45.6 million.

•Total cash and investments increased by $22.1 million year-over-year to $432.4 million, in part due to the improved operating cash flow and approximately $38.1 million received in deferred proceeds from the sale of Cylance to Arctic Wolf, partially offset by $60 million of share buybacks.

Full Year Fiscal 2026 Financial Highlights

•Total company revenue was $549.1 million, up 3% year-over-year.

•Total company adjusted gross margin was 76.6% and GAAP gross margin was 76.2%.

•Total company adjusted EBITDA was $107.1 million, up 27% year-over-year; Total company GAAP operating income increased by $47.5 million year-over-year to $48.3 million.

•QNX revenue grew 14% year-over-year to $268.0 million, up from 10% growth in the prior year; QNX segment adjusted gross margin was 83%; and QNX segment adjusted EBITDA increased by 20% year-over-year to $71.0 million, at a 26% margin, resulting in a Rule of 401 year for QNX.

•Secure Communications revenue was $258.9 million; Secure Communications segment adjusted gross margin was 70% and Secure Communications segment adjusted EBITDA was $56.1 million, representing a 22% margin.

•Licensing revenue was $22.2 million; Licensing segment adjusted EBITD

bbry-202512180001070235false00010702352025-12-182025-12-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

December 18, 2025 Date of Report (date of earliest event reported)

BlackBerry Limited (Exact name of registrant as specified in its charter) Canada 001-3823298-0164408

(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)

2200 University Ave East

Waterloo Ontario CanadaN2K 0A7

(Address of Principal Executive Offices) (Zip Code)

(519) 888-7465 Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common SharesBBNew York Stock Exchange Common SharesBBToronto Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition On December 18, 2025, BlackBerry Limited (“BlackBerry”) issued a press release announcing its financial results for the quarter ended November 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. The information contained in this Form 8-K, including the exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing Item 9.01. Financial Statements and Exhibits (d) Exhibits

Exhibit No.Description 99.1Press release, dated December 18, 2025, issued by BlackBerry Limited

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BlackBerry Limited

Date: December 18, 2025 By: /s/ Tim Foote Name: Tim Foote Title:Chief Financial Officer