BlackBerry Ltd (BB)

BlackBerry Limited provides intelligent software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice, and video; BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting, and product authentication solutions; BlackBerry Radar offers asset monitoring and telematics solutions for transportation and logistics; and BlackBerry Development Platform, an enterprise-grade toolset. In addition, the company offers enterprise consulting and engineering consulting services. Further, it is involved in patent licensing. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

Symbol
BB
Exchange
NYSE
Sector
Technology
Industry
Software - Infrastructure
Market cap
$4.91B
52 week range
3.12 - 13.59

Valuation

Share price
$8.38 (close of 2026-09-23)
P/E (TTM)
80.20x
Price to book
6.54x
Price to free cash flow
73.19x
Enterprise value
$4.78B
Book value per share
$1.28

Price performance

PeriodChange
1 day-2.78%
5 days+9.69%
1 month+4.23%
3 months-4.99%
6 months+152.41%
Year to date+121.11%
1 year+96.25%
3 years+62.40%
5 years-20.94%
10 years+5.94%
All time+336.46%

Profitability and growth

Return on equity
7.13%
Return on invested capital
6.96%
Return on assets
4.27%
Return on capital employed
4.94%
Gross margin
76.16%
Net margin
9.69%
EBITDA margin
12.04%
Revenue growth
2.65%
Net income growth
167.34%
Free cash flow growth
247.01%

Cash flow and balance sheet

Free cash flow yield (TTM)
1.37%
Current ratio
2.20x
Net debt to EBITDA
-1.37x

Latest reported year

Period end
2026-02-28
Fiscal year
2026
Revenue
$549.10M
Cost of revenue
$130.90M
Gross profit
$418.20M
EBITDA
$66.10M
Net income
$53.20M
Earnings per share
$0.09
Research and development
$113.60M
Shares outstanding
592.25M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-02-28$549.10M$418.20M$53.20M$0.09
2025-02-28$534.90M$394.90M$-79.00M$-0.13
2024-02-29$759.10M$490.70M$-130.20M$-0.22
2023-02-28$526.30M$366.60M$-734.40M$-1.27
2022-02-28$718.00M$467.00M$12.00M$0.02
2021-02-28$893.00M$643.00M$-1.10B$-1.97
2020-02-29$1.04B$763.00M$-152.00M$-0.27
2019-02-28$904.00M$698.00M$93.00M$0.17
2018-02-28$932.00M$670.00M$405.00M$0.76
2017-02-28$1.31B$617.00M$-1.21B$-2.30

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-02-2876.16%9.69%7.13%6.96%
2025-02-2873.83%-14.77%-10.97%0.07%
2024-02-2964.64%-17.15%-16.80%0.70%
2023-02-2869.66%-139.54%-85.71%-40.86%
2022-02-2865.04%1.67%0.77%-0.21%
2021-02-2872.00%-123.63%-73.40%-128.42%
2020-02-2973.37%-14.62%-6.01%-8.56%
2019-02-2877.21%10.29%3.53%3.48%
2018-02-2871.89%43.45%16.17%114.63%
2017-02-2847.14%-92.13%-58.63%-173.64%

Cash and debt by year

Period endCashDebt
2026-02-28$359.90M$196.50M
2025-02-28$337.80M$195.30M
2024-02-29$237.10M$194.10M
2023-02-28$426.70M-
2022-02-28$712.00M-
2021-02-28$739.00M-
2020-02-29$909.00M-
2019-02-28$916.00M-
2018-02-28$2.26B-
2017-02-28$1.38B-

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-02-28$46.50M$23.20M
2025-02-28$13.40M$25.60M
2024-02-29$-10.60M$33.10M
2023-02-28$-269.50M$33.90M
2022-02-28$-36.00M$36.00M
2021-02-28$74.00M$44.00M
2020-02-29$14.00M$63.00M
2019-02-28$83.00M$67.00M
2018-02-28$689.00M$49.00M
2017-02-28$-241.00M$60.00M

Investor relations

Next earnings report

Next confirmed report
2026-09-24
Consensus EPS estimate
$0.03

Past earnings dates

ReportedFiscal periodEPS estimate
2026-06-25May/2026$0.02
2026-04-09--
2025-12-18--
2025-09-25--
2025-06-24--
2025-04-02--
2025-04-01--
2024-12-19--

Filings and sources

Company website
blackberry.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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