Blackberry Ltd income statement
In fiscal 2026, Blackberry Ltd reported revenue of $549m, up 2.7% on the year before, operating income of $48.3m (a 8.8% margin) and net income of $53.2m, or $0.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Feb 2010 | 2011Feb 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Feb 2015 | 2016Feb 2016 | 2017Feb 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Feb 2020 | 2021Feb 2021 | 2022Feb 2022 | 2023Feb 2023 | 2024Feb 2024 | 2025Feb 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.0 | 19.9 | 18.4 | 11.1 | 6.8 | 3.3 | 2.2 | 1.3 | 0.9 | 0.9 | 1.0 | 0.9 | 0.7 | 0.5 | 0.8 | 0.5 | 0.5 | 0.6 |
| Cost of revenue | 8.4 | 11.1 | 11.8 | 7.6 | 6.9 | 1.7 | 1.2 | 0.7 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 |
| Gross profit | 6.6 | 8.8 | 6.6 | 3.4 | −0.0 | 1.6 | 0.9 | 0.6 | 0.7 | 0.7 | 0.8 | 0.6 | 0.5 | 0.4 | 0.5 | 0.4 | 0.4 | 0.5 |
| Research and development | 1.0 | 1.4 | 1.6 | 1.5 | 1.3 | 0.7 | 0.5 | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling, general and administrative | 1.9 | 2.4 | 2.6 | 2.1 | 2.1 | 0.8 | 0.7 | 0.6 | 0.5 | 0.4 | 0.5 | 0.3 | 0.3 | 0.3 | — | — | — | — |
| Selling and marketing | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.1 | 0.1 | 0.1 | 0.1 |
| General and administrative | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.2 | 0.2 | 0.1 | 0.1 |
| Operating income | 3.2 | 4.6 | 1.5 | −1.2 | −7.2 | −0.4 | −0.2 | −1.2 | 0.3 | 0.1 | −0.1 | −1.1 | −0.0 | −0.2 | 0.0 | 0.0 | 0.0 | 0.1 |
| Interest expense | — | — | — | — | — | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before tax | 3.3 | 4.6 | 1.5 | −1.2 | −7.2 | −0.4 | −0.3 | −1.2 | 0.4 | 0.1 | −0.1 | −1.1 | 0.0 | −0.2 | 0.0 | 0.0 | 0.1 | 0.1 |
| Income tax | 0.8 | 1.2 | 0.3 | −0.6 | −1.3 | −0.1 | −0.1 | −0.0 | 0.0 | −0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income | 2.5 | 3.4 | 1.2 | −0.6 | −5.9 | −0.3 | −0.2 | −1.2 | 0.4 | 0.1 | −0.2 | −1.1 | 0.0 | −0.7 | −0.1 | −0.1 | 0.1 | 0.1 |
| Diluted EPS | $4.31 | $6.34 | $2.22 | −$1.23 | −$11.18 | −$0.58 | −$0.86 | −$2.30 | $0.74 | $0.00 | −$0.32 | −$1.97 | −$0.31 | −$1.35 | −$0.22 | −$0.13 | $0.09 | $0.13 |
| Diluted shares (average) | 570m | 538m | 524m | 524m | 525m | 528m | 651m | 525m | 546m | 616m | 614m | 561m | 631m | 639m | 592m | 591m | 598m | 609m |
| EBITDA | 3.9 | 5.6 | 3.0 | 0.7 | −5.9 | 0.3 | 0.4 | −0.9 | 0.5 | 0.2 | 0.1 | −0.9 | 0.2 | −0.1 | 0.1 | 0.0 | 0.1 | 0.1 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 144 | 142 | 122 | 130 | 142 | 156 | 153 | 163 |
| Cost of revenue | 31 | 38 | 31 | 33 | 32 | 35 | 33 | 36 |
| Gross profit | 112 | 104 | 90 | 97 | 110 | 121 | 120 | 127 |
| Research and development | 28 | 23 | 25 | 26 | 30 | 33 | 33 | 33 |
| Selling and marketing | 23 | 27 | 29 | 24 | 29 | 32 | 30 | 25 |
| General and administrative | 36 | 50 | 31 | 32 | 36 | 31 | 39 | 32 |
| Operating income | 20 | −8 | 2 | 12 | 12 | 23 | 15 | 34 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | 19 | −6 | 5 | 13 | 15 | 26 | 16 | 35 |
| Income tax | 7 | 1 | 3 | 0 | 1 | 2 | 8 | 1 |
| Net income | −11 | −7 | 2 | 13 | 14 | 24 | 9 | 34 |
| Diluted EPS | −$0.02 | −$0.01 | $0.00 | $0.02 | $0.02 | $0.04 | — | — |
| EBITDA | 24 | −2 | 8 | 15 | 14 | 26 | 19 | 36 |
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