Pricing Log in Create free account
Friday 6 November 2026 Export BB’s income statement to Excel — free account

BlackBerry Limited

BB Technology Software Infrastructure

BlackBerry Limited’s revenue for fiscal 2026 (year ended February 2026) was $549.1 million, up 2.65% from fiscal 2025.

Revenue
+26.0%
EPS
+200.0%
Free cash flow
+1,470.6%
Total debt
+0.61%

Quarter to August 2026, against a year earlier

8.46 0.30 −3.42%
Market cap
$4.9B
P/E
62.9×
Fwd P/E
60.2×
Dividend yield
—
F-score
6/9
Altman Z
0.83
Beneish M
−2.63
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.04
Sold, $m 9.49
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — 1
Sell — 6 — — 4 — — 9 — 1 11 —
Insider Ownership 0.22%

Capital & Financial Ratios $m

Size
Market Cap 4,910.00
Revenue ttm 614.00
Net income ttm 80.40
Free cash flow ttm 86.00
Net debt Q (180.40)
Valuation
P/E 62.90 (above 35: high)
Forward P/E 60.20 (above 35: high)
Price / sales 8.08
Forward P/S Powerpack
Price / FCF 57.71
Price / book 6.27 (above 6: high)
Financial health
Current ratio Q 2.38 (at or above 1.5: strong)
Debt / equity Q 0.25 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +26.00% (above 0%: growing)
Operating income growth Q +192.17% (above 0%: growing)
EPS, this year +30.36% (at or above 15%: strong)
EPS, next year A +22.45% (at or above 15%: strong)
Revenue, next year A +26.71% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +21.22% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 8.1×, against a ten-year median of 4.2×; over the ten years it ranged from 1.2× in 2016 to 13.0× in 2026.
P/E against its own 10 years 54.05%
10-year low 10-year high
P/S against its own 10 years 95.42%
10-year low 10-year high
P/B against its own 10 years 96.77%
10-year low 10-year high
EV/Sales against its own 10 years 95.12%
10-year low 10-year high
EV/FCF against its own 10 years 34.94%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 237 338 360 378
Receivables 224 224 166 148
Inventory — — — —
Other 47 30 42 37
508 592 568 562
2024 2025 2026 Q'26
Payables 17 31 6 9
ST’ Debt — — — —
Other 49 — — —
357 344 268 237

Compound Annual Growth %

10y 5y 3y
Sales (12.80%) (9.27%) (5.76%)
Cash Flow (15.05%) (9.31%) 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (13.57%) (13.08%) (4.52%)

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate 0.04 Actual 0.07

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 0.04 0.05 Beat by 0.01
Q4 FY26 0.05 0.06 Beat by 0.01
Q1 FY27 0.03 0.04 Beat by 0.01
Q2 FY27 0.04 0.07 Beat by 0.03
Q3 FY27 0.05 — Reports 17 December 2026

EPS $

May Aug Nov Feb Year
’26 0.01 0.05 — — —
’26 0.00 0.02 0.02 0.04 0.09
’25 (0.07) (0.03) (0.02) (0.01) (0.13)
’24 (0.02) (0.07) (0.05) (0.10) (0.22)
’23 (0.35) (0.09) (0.01) (0.85) (1.35)
’22 (0.11) (0.25) 0.12 0.26 (0.31)
’21 (1.14) (0.04) (0.23) (0.56) (1.97)
Fiscal quarters ending in the months shown.

Revenue $m

May Aug Nov Feb Year
’26 153 163 — — —
’26 122 130 142 156 549
’25 123 126 144 142 535
’24 373 132 152 102 759
’23 168 168 169 151 656
’22 174 175 184 185 718
’21 206 259 218 210 893
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

May Aug Nov Feb Year
’26 5 29 — — —
’26 (18) 4 18 46 50
’25 (15) (16) 6 42 17
’24 99 (56) (31) (15) (3)
’23 (42) (24) (187) (10) (263)
’22 (33) 15 (19) 9 (28)
’21 (31) 33 30 52 82
Fiscal quarters ending in the months shown.

Free Cash Flow $m

May Aug Nov Feb Year
’26 0 27 — — —
’26 (20) 2 16 43 41
’25 (18) (19) 3 40 6
’24 89 (59) (35) (19) (24)
’23 (51) (18) (196) (22) (287)
’22 (41) 5 (29) (2) (67)
’21 (40) 23 21 36 38
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to February

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Aug ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,309 932 904 1,040 893 718 656 759 535 549 614 (9.2%) 696 765 883 +17.1%
Gross margin, % 47.14 71.89 77.21 73.37 72.00 65.04 63.87 64.64 73.83 76.16 77.87 +29.0 pt
EBT (1,208) 406 77 (148) (1,113) 19 (720) 30 9 59 92 n/m
EBT margin, % (92.28) 43.56 8.52 (14.23) (124.64) 2.65 (109.76) 3.93 1.59 10.74 15.03 +103.0 pt
Net income (1,206) 405 93 (152) (1,104) 12 (734) (130) (79) 53 80 n/m
Per share, $
Per share, $ Revenue 2.49 1.75 1.67 1.88 1.59 1.26 1.13 1.30 0.90 0.93 1.05 (10.4%)
Earnings (2.30) 0.76 0.17 (0.27) (1.97) 0.02 (1.27) (0.22) (0.13) 0.09 0.13 n/m
Cash flow (0.43) 1.32 0.19 0.05 0.15 (0.05) (0.45) (0.01) 0.03 0.08 0.17 n/m
Capex 0.05 (0.08) (0.09) (0.08) (0.08) (0.07) (0.04) (0.04) (0.02) (0.02) (0.02) n/m
Free cash flow (0.38) 1.24 0.10 (0.03) 0.07 (0.12) (0.50) (0.04) 0.01 0.07 0.15 n/m
Book value 3.92 4.70 4.88 4.57 2.68 2.73 1.48 1.33 1.22 1.26 1.35 (11.8%)
Shares, m 525 533 540 554 561 571 579 585 591 592 589 +1.3%
Valuation, ×
Valuation, × P/E 0.00 15.97 51.18 0.00 0.00 343.50 0.00 0.00 0.00 40.87 62.90 45.2
P/S 2.79 6.94 5.20 2.71 6.85 5.46 3.42 2.14 5.21 3.67 8.08 4.4
P/B 1.78 2.58 1.78 1.11 4.07 2.52 2.62 2.10 3.87 2.70 6.27 2.5
EV/Sales 3.21 6.78 6.39 2.53 6.87 5.21 3.41 2.34 5.24 3.66 8.05 4.6
EV/FCF (21.20) 9.55 111.16 (146.13) 152.90 (55.87) (7.80) (72.79) 438.18 49.30 57.48 45.7
Cash, $m
Cash, $m Operating cash flow (224) 704 100 26 82 (28) (263) (3) 17 50 98 n/m
Capex 26 (42) (48) (44) (44) (39) (24) (21) (10) (9) (12) n/m
Free cash flow (198) 662 52 (18) 38 (67) (287) (24) 6 41 86 n/m
Balance, $m
Balance, $m Working capital 1,096 2,134 723 75 577 646 14 151 247 300 325 (13.4%)
Net debt (787) (1,477) (249) (183) 14 (177) (7) (43) (142) (163) (180) (16.0%)
Shareholders’ equity 2,057 2,505 2,636 2,529 1,504 1,556 857 775 720 746 792 (10.7%)
Returns, %
Returns, % ROA (27.32) 11.45 2.40 (3.87) (32.93) 0.45 (34.57) (8.47) (5.87) 4.19 6.57 +31.5 pt
ROIC (25.05) 18.42 1.57 (3.70) (45.57) (0.09) (36.46) 0.94 0.09 5.18 8.56 +30.2 pt
ROE (45.81) 17.76 3.62 (5.89) (54.75) 0.78 (60.84) (15.95) (10.57) 7.26 10.60 +53.1 pt
People
People Employees 4,044 3,288 3,945 3,668 3,497 3,325 3,181 2,647 1,820 1,749 — (8.9%)
Revenue/emp, $m 0.32 0.28 0.23 0.28 0.26 0.22 0.21 0.29 0.29 0.31 — (0.3%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Feb 2026 · latest quarter Aug 2026 · fundamentals updated 25 Oct 2026

BlackBerry Limited vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ACIW ACI Worldwide, Inc. $6.0B 36.1× 21.6× −11.52% (below 0%: shrinking) −63.64% (below 0%: shrinking) +74.53% (above 0%: growing) 45.78% 12.27% Compare
BOX Box, Inc. $6.0B 60.7× 109× +9.23% (above 0%: growing) +66.67% (above 0%: growing) +65.84% (above 0%: growing) 79.08% 10.16% Compare
WEX WEX Inc. $5.9B 15.3× 14.8× +12.76% (above 0%: growing) +69.05% (above 0%: growing) −117.04% (below 0%: shrinking) 63.16% 30.61% Compare
MBGL Mobility Global Inc. $5.9B — — — — — 71.37% 17.52% Compare
VRNS Varonis Systems, Inc. $5.6B — (loss-making) — (loss-making) +17.26% (above 0%: growing) n/m −10.99% (below 0%: shrinking) 75.25% (25.18%) Compare
BB BlackBerry Limited $4.9B 62.9× 60.2× +26.00% (above 0%: growing) +200.00% (above 0%: growing) +1,470.59% (above 0%: growing) 77.83% 20.58%
DOX Amdocs Limited $4.7B 10.4× 11.4× +2.66% (above 0%: growing) −57.55% (below 0%: shrinking) −18.84% (below 0%: shrinking) 39.76% 8.90% Compare
TENB Tenable Holdings, Inc. $4.6B 333× 222× +9.49% (above 0%: growing) +400.00% (above 0%: growing) +24.39% (above 0%: growing) 77.81% 6.05% Compare
RELY Remitly Global, Inc. $4.6B 12.5× 16.3× +21.54% (above 0%: growing) +700.00% (above 0%: growing) +197.33% (above 0%: growing) 0.00% 13.61% Compare
Median of peers $5.7B 25.7× 19.0× +9.49% +67.86% +24.39% 67.27% 11.22%

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 11 May 2026

Ownership

Directors and executive officers, together 0.51%
Fairfax Financial Holdings Limited1 6.04%
Legal & General Group Plc2 5.66%
BlackRock, Inc.3 5.05%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

BlackBerry Limited (BB) Latest News

28 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Stocktwits
Impact 3 · · Zacks
Impact 3 · · Zacks

27 Oct

Impact 4 · · 24/7 Wall St.
Impact 3 · · ACCESS Newswire

26 Oct

Impact 4 · · Stocktwits

25 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

23 Oct

Impact 3 · · Stocktwits

22 Oct

Impact 4 ·

21 Oct

Impact 4 · · 24/7 Wall St.
Impact 4 · · ACCESS Newswire
Impact 4 · · Stocktwits

20 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Investing.com
Impact 4 · · ACCESS Newswire

19 Oct

Impact 4 · · Zacks

15 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Zacks

14 Oct

Impact 4 · · Insider Monkey
Impact 4 · · ACCESS Newswire

13 Oct

Impact 3 · · Stocktwits

12 Oct

Impact 4 · · Zacks

10 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

9 Oct

Impact 4 · · Zacks
Impact 4 · · Zacks

BB metrics, ten years each

stockrow.com/BB · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com