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ACCESS Newswire·

BlackBerry Reports Fourth Quarter and Full Fiscal Year 2026 Results

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  • BlackBerry reported 10% year-over-year revenue growth for the quarter, reaching $156.0 million, marking a return to top-line growth for fiscal year 2026.
  • The company recorded its eighth consecutive quarter of improvement in GAAP net income, which rose to $24.3 million.
  • Operating cash flow increased 9% year-over-year to $45.6 million for the quarter.
  • QNX segment achieved record quarterly revenue of $78.7 million, up 20% year-over-year, and grew its royalty backlog to $950 million.
  • QNX attained the Rule of 40 metric for both the quarter and the full fiscal year, combining revenue growth with adjusted EBITDA margins.
  • Secure Communications returned to year-over-year revenue growth of 8%, reaching $72.5 million, driven by demand for digital sovereignty solutions.
  • Secure Communications annual recurring revenue (ARR) increased by $10 million to $218 million, while its dollar-based net retention rate (DBNRR) rose to 94%.
  • Total company adjusted EBITDA grew 71% year-over-year to $36.1 million for the quarter.
  • Full fiscal year 2026 total revenue was $549.1 million, up 3% year-over-year, with adjusted net income reaching $97.3 million.
  • GAAP net income for the full fiscal year improved from a loss of $79.0 million to a gain of $53.2 million.
  • Total cash and investments increased by $22.1 million year-over-year to $432.4 million.
  • Mercedes-Benz, BMW, Volvo, and other automakers are integrating QNX technology into new vehicle architectures, robotics, and physical AI applications.
  • The Government of Canada announced an expanded strategic partnership with BlackBerry to deploy SecuSUITE across federal departments.
  • BlackBerry provided fiscal year 2027 guidance projecting total revenue between $584 million and $611 million.
  • Full year 2027 adjusted EBITDA guidance is set between $110 million and $130 million, with non-GAAP EPS guidance ranging from $0.15 to $0.19.