BlackBerry Reports Strong Q2 FY 2026 Financial Results

BlackBerry Limited announced substantial financial growth for its second fiscal quarter of FY 2026, noting a 3% year-over-year revenue increase to $129.6 million. This includes improved GAAP and adjusted gross margins, reaching 75%, and a notable year-over-year net income increase to $13.3 million, surpassing expectations. The QNX division, pivotal in BlackBerry's operations, achieved significant milestones with a 15% revenue growth and a robust adjusted EBITDA of $20.5 million. Secure Communications noted a revenue of $59.9 million despite a 10% year-over-year decrease, yet improved its gross margin by 5 percentage points to 66%.

Strategically, BlackBerry returned $20 million to shareholders via a share buyback program and reported positive operating cash flow. The company has issued a positive financial outlook for the next quarter, with anticipated revenues ranging between $132 and $140 million. BlackBerry's commitment to innovation is underscored by its collaboration with NVIDIA and advancements in cybersecurity training. This performance reflects BlackBerry's financial resilience and strategic pivot towards software solutions.