Filing Flows › Blackberry (BB) › Q2 FY27
Blackberry (BB) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 24, 2026
Blackberry (BB) reported revenue of $163M for the second quarter fiscal 2027 (Q2 FY27), +26% from a year earlier and +7% from the quarter before. Operating margin was 20.6%, net earnings $33.9M (20.8% of revenue).
Blackberry, Q2 FY27: revenue $163M (+26% year over year), operating margin 20.6%, net earnings $33.9M, operating cash flow $29.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $163M | +7% | +26% |
| Gross profit | $127M | +6% | +32% |
| Operating profit | $33.6M | +120% | +192% |
| Net earnings | $33.9M | +299% | +155% |
| Operating cash flow | $29.3M | +537% | +651% |
| Free cash flow | $28.1M | — | +806% |
What changed
Revenue was $163.3M in Q2 FY27, up 26% year over year and up 7% from the previous quarter. QNX was the largest line at 49% of revenue. QNX added $17.2M year over year (up 27%), 51% of the total change.
Gross margin was 77.8%, up 3.3 points from Q2 FY26. Operating profit was $33.6M, a 20.6% margin (up 11.7 points year over year). Of the extra revenue versus Q2 FY26, 66% reached operating profit, above the 9% margin then. Operating expenses grew 10% against revenue growth of 26%. The fastest-growing cost line was Research & development (+30%). Net earnings were $33.9M, up 155% year over year. The effective tax rate was 3.7%.
Operating cash flow was $29.3M (up 651% year over year), 86% of net earnings. Non-cash charges added back $4.1M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items used $16.2M. After acquisition of property, plant and equipment ($1.2M), free cash flow as the company reports it was $28.1M.
Questions
What was Blackberry's revenue in the second quarter fiscal 2027?
Blackberry (BB) reported revenue of $163M for the second quarter fiscal 2027 (Q2 FY27), +26% from a year earlier and +7% from the quarter before.
Was Blackberry profitable in the second quarter fiscal 2027?
Operating profit was $33.6M (20.6% of revenue) and net earnings $33.9M.
Source: Blackberry 10-Q on SEC EDGAR.