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Blackberry (BB) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Apr 9, 2026

Blackberry (BB) reported revenue of $156M for the fourth quarter fiscal 2026 (Q4 FY26), +10% from a year earlier and +10% from the quarter before. Operating margin was 14.7%, net earnings $24.3M (15.6% of revenue).

Revenue$156M
Year over year+10%
Quarter over quarter+10%
Operating margin14.7%
Net earnings$24.3M

Blackberry, Q4 FY26: revenue $156M (+10% year over year), operating margin 14.7%, net earnings $24.3M, operating cash flow $46.1M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$156M+10%+10%
Gross profit$121M+10%+17%
Operating profit$22.9M+92%—
Net earnings$24.3M+77%—
Operating cash flow$46.1M+152%+11%
Free cash flow$44.9M+158%+9%

What changed

Revenue was $156.0M in Q4 FY26, up 10% year over year and up 10% from the previous quarter.

Gross margin was 77.8%, up 4.4 points from Q4 FY25. Operating profit was $22.9M, a 14.7% margin (up 20.3 points year over year). Operating expenses fell 12% while revenue rose 10%. The fastest-growing cost line was Research & development (+44%). Net earnings were $24.3M. The effective tax rate was 6.2%.

Operating cash flow was $46.1M (up 11% year over year), 190% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $12.8M. Capital expenditures of $1.2M left free cash flow of $44.9M.

Questions

What was Blackberry's revenue in the fourth quarter fiscal 2026?

Blackberry (BB) reported revenue of $156M for the fourth quarter fiscal 2026 (Q4 FY26), +10% from a year earlier and +10% from the quarter before.

Was Blackberry profitable in the fourth quarter fiscal 2026?

Operating profit was $22.9M (14.7% of revenue) and net earnings $24.3M.

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Source: Blackberry 10-K on SEC EDGAR.