Filing Flows › Blackberry (BB) › Q2 FY27 › vs Q2 FY26
Blackberry (BB) Q2 FY27 vs Q2 FY26 (year over year)
Blackberry's revenue rose $33.7M (+26%) from $130M in Q2 FY26 to $163M in Q2 FY27. The biggest changes: QNX +$17.2M (+27%); Licensing +$15.5M (+235%); Secure Communication +$1.0M (+2%). Gross margin 77.8% against 74.5% (+3.3 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 77.8% | 74.5% | +3.3 pts |
| Operating margin | 20.6% | 8.9% | +11.7 pts |
| Net margin | 20.8% | 10.3% | +10.5 pts |
| Free cash flow margin | 17.2% | 2.4% | +14.8 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| QNX | $80.3M | $63.1M | $17.2M | +27% |
| Secure Communication | $60.9M | $59.9M | $1.0M | +2% |
| Licensing | $22.1M | $6.6M | $15.5M | +235% |
| Revenue | $163M | $130M | $33.7M | +26% |
| Gross profit | $127M | $96.6M | $30.5M | +32% |
| Cost of revenue | $36.2M | $33.0M | $3.2M | +10% |
| Other income, net | $1.6M | $1.9M | −$300K | -16% |
| Operating profit | $33.6M | $11.5M | $22.1M | +192% |
| Operating expenses | $93.5M | $85.1M | $8.4M | +10% |
| Pre-tax earnings | $35.2M | $13.4M | $21.8M | +163% |
| Research & development | $33.2M | $25.6M | $7.6M | +30% |
| Sales & marketing | $25.3M | $24.4M | $900K | +4% |
| General & admin | $31.8M | $31.5M | $300K | +1% |
| Other operating costs | $3.2M | $3.6M | −$400K | -11% |
| Net earnings | $33.9M | $13.3M | $20.6M | +155% |
| Income tax | $1.3M | $100K | $1.2M | 13× |
| Depreciation & amortization | $4.1M | $4.6M | −$500K | -11% |
| Share-based compensation | $7.5M | $5.9M | $1.6M | +27% |
| Working capital & other | $16.2M | $19.9M | −$3.7M | -19% |
| Operating cash flow | $29.3M | $3.9M | $25.4M | +651% |
| Free cash flow (company-reported) | $28.1M | $3.1M | $25.0M | +806% |
| Acquisition of property, plant and equipment | $1.2M | $800K | $400K | +50% |
Questions
How much did Blackberry's revenue grow year over year in Q2 FY27?
Blackberry's revenue rose $33.7M (+26%) from $130M in Q2 FY26 to $163M in Q2 FY27.
What drove Blackberry's revenue change in Q2 FY27?
QNX +$17.2M (+27%); Licensing +$15.5M (+235%); Secure Communication +$1.0M (+2%).