BlackBerry Q1 revenue +26% to $152.9M; EBITDA guidance raised to $119-139M on QNX, SecuSUITE strength

Filed June 25, 2026 · Period ending May 31, 2026 · Compared to 10-Q Jun 25, 2025 · ~2 min read

Key Changes

• high

  Q1 FY27 revenue rose 26% YoY to $152.9M, driven by QNX (+26% to $72.3M) and Secure Communications (+24% to $73.6M). Full-year adjusted EBITDA guidance raised to $119-139M from prior-year $72-87M; non-GAAP EPS guidance $0.16-0.20 vs prior-year $0.00-0.01.

  MD&A: Revenue & Guidance verify on EDGAR →
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  Net income rose 347% to $8.5M ($0.01 EPS) while operating income rose 665% to $15.3M. The net-income gain did not come from operations: below-the-line costs fell $6.7M (income tax -$4.9M, non-operating/other -$1.8M), but net income remains below operating income.

  MD&A: Earnings Quality verify on EDGAR →
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  Convertible notes became eligible for holder conversion July 1–Sept 30, 2026 after the stock price exceeded 130% of conversion price for 20+ trading days in Q2 calendar 2026. Holders may convert at their option during this window.

  MD&A: Convertible Notes verify on EDGAR →