| Metric | Value ($ M) | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue | 163.30 | 6.8% | 26.0% |
| Total Income | 163.30 | 6.8% | 26.0% |
| Expenditure | 129.70 | 5.7% | 9.8% |
| PBT | 35.20 | 114.6% | 162.7% |
| Net Profit | 33.90 | 298.8% | 154.9% |
| OPM | 20.58% | 10.57pp | 11.70pp |
| NPM | 20.76% | 15.20pp | 10.50pp |
| EPS | — |
BlackBerry Reports Q2 FY27 Results: Revenue Up 26% to $163M, QNX Delivers Record Performance
24 Sept 2026 · 3d ago, 5:20 pm
Summary
BlackBerry Limited announced strong second quarter fiscal year 2027 results, with total revenue increasing 26% year-over-year to $163.3 million. The company highlighted record performance from QNX, driven by its automotive business and a significant Alloy Kore design win. Adjusted EBITDA grew 81% to $47.0 million, and GAAP operating income surged 192% to $33.6 million, demonstrating improved profitability and cash flow generation. Following this performance, BlackBerry has raised its financial outlook for the full fiscal year 2027.
Key Highlights
- 1
BlackBerry reported a 26% year-over-year increase in revenue, reaching $163 million for the second quarter of fiscal year 2027.
- 2
QNX achieved record quarterly revenue and secured its largest design win in history with the first Alloy KoreTM design win, adding over $100 million to the QNX royalty backlog.
- 3
Adjusted EBITDA grew by 81% year-over-year to $47.0 million, contributing to the second consecutive Rule of 40 performance.
- 4
GAAP operating income saw a significant increase of 192% year-over-year, rising to $33.6 million.
- 5
The company generated $29.3 million in operating cash flow and achieved its sixth consecutive quarter of positive GAAP net income.
- 6
BlackBerry raised its fiscal year 2027 revenue and Adjusted EBITDA outlook following strong first-half execution.
Management Comments
John J. Giamatteo
Our strong second quarter performance provides further evidence that BlackBerry’s profitable growth model is working, with revenue, profitability, and cash flow generation all exceeding our expectations. QNX delivered record performance in the quarter, driven by strength in our core automotive business. The first Alloy Kore design win, the largest design win in QNX history, marks an important commercial milestone. We also continue to build momentum beyond automotive in the General Embedded Markets and Physical AI. Secure Communications remained a stable and profitable contributor following a particularly strong first quarter. As we enter the second half of the year, we remain focused on disciplined execution, investing behind our growth opportunities, and leveraging the strength of our balance sheet to create long-term value for our shareholders.
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