Filing Flows › Blackberry (BB) › Q2 FY27 › vs Q1 FY27
Blackberry (BB) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Blackberry's revenue rose $10.4M (+7%) from $153M in Q1 FY27 to $163M in Q2 FY27. The biggest changes: Licensing +$15.1M (+216%); Secure Communication −$12.7M (-17%); QNX +$8.0M (+11%). Gross margin 77.8% against 78.3% (-0.5 pts).
Blackberry, Q2 FY27: revenue $163M (+26% year over year), operating margin 20.6%, net earnings $33.9M, operating cash flow $29.3M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 77.8% | 78.3% | -0.5 pts |
| Operating margin | 20.6% | 10.0% | +10.6 pts |
| Net margin | 20.8% | 5.6% | +15.2 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| QNX | $80.3M | $72.3M | $8.0M | +11% |
| Secure Communication | $60.9M | $73.6M | −$12.7M | -17% |
| Licensing | $22.1M | $7.0M | $15.1M | +216% |
| Revenue | $163M | $153M | $10.4M | +7% |
| Gross profit | $127M | $120M | $7.4M | +6% |
| Cost of revenue | $36.2M | $33.2M | $3.0M | +9% |
| Other income, net | $1.6M | $1.1M | $500K | +45% |
| Operating profit | $33.6M | $15.3M | $18.3M | +120% |
| Operating expenses | $93.5M | $104M | −$10.9M | -10% |
| Pre-tax earnings | $35.2M | $16.4M | $18.8M | +115% |
| Research & development | $33.2M | $33.0M | $200K | +0.6% |
| Sales & marketing | $25.3M | $29.5M | −$4.2M | -14% |
| General & admin | $31.8M | $39.3M | −$7.5M | -19% |
| Other operating costs | $3.2M | $2.6M | $600K | +23% |
| Net earnings | $33.9M | $8.5M | $25.4M | +299% |
| Income tax | $1.3M | $7.9M | −$6.6M | -84% |
| Depreciation & amortization | $4.1M | $4.1M | $0 | 0% |
| Share-based compensation | $7.5M | $6.5M | $1.0M | +15% |
| Working capital & other | $16.2M | $14.5M | $1.7M | +12% |
| Operating cash flow | $29.3M | $4.6M | $24.7M | +537% |
Questions
How much did Blackberry's revenue grow quarter over quarter in Q2 FY27?
Blackberry's revenue rose $10.4M (+7%) from $153M in Q1 FY27 to $163M in Q2 FY27.
What drove Blackberry's revenue change in Q2 FY27?
Licensing +$15.1M (+216%); Secure Communication −$12.7M (-17%); QNX +$8.0M (+11%).