Revenue Performance: In Q1 2025, BlackBerry generated revenue of $144 million (down from $373 million in Q1 2024), with segment contribution detailed as: IoT $53 million (up from anticipated), Cybersecurity $85 million (exceeding guidance), and Licensing $6 million.
Profitability: Net income registered at -$41.99 million, translating to an EPS of -$0.0712, reflecting an EPS decline of 276.72% year-over-year. The gross profit margin stood at 67%, down from 85% previously.
Cash Flow: The net cash used in operations was -$14.995 million, signifying improved cash management relative to prior periods. The company ended the quarter with $142.98 million in cash.