Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2025 Rev YoY: -61.4% EPS YoY: -276.7% Move: +0.43%

BlackBerry Limited

$3.48 0.43%

Exchange NYSE Sector Technology Industry Software Infrastructure

Q1 2025

Published: Jun 27, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for BB

Reported

Report Date

Jun 27, 2024

Quarter Q1 2025

Revenue

143.96M

YoY: -61.4%

EPS

-0.07

YoY: -276.7%

Market Move

+0.43%

Previous quarter: N/A

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Earnings Highlights

Revenue of $143.96M down 61.4% year-over-year
EPS of $-0.07 decreased by 276.7% from previous year
Gross margin of 58.3%
Net income of -41.99M
""We believe our strategy is working. We delivered our third consecutive quarter of sequentially better free cash usage despite the impact of seasonality."" - John Giamatteo

BlackBerry Limited

Period Q1 2025

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

In Q1 2025, BlackBerry Limited reported total revenue of $144 million, a decline of 61.41% year-over-year and a decrease of 15.96% quarter-over-quarter. Both the IoT and cybersecurity divisions exceeded revenue expectations, reflecting ongoing efforts to streamline operations and enhance financial performance despite persistent challenges in the macroeconomic environment. Management emphasized improving adjusted EBITDA and cash usage, targeting a return to profitability by Q4 of FY2025. Overall, while facing some sector headwinds, BlackBerry is making concrete steps toward operational efficiency and sustainable growth.

Key Performance Indicators

Revenue

Decreasing

143.96M

QoQ: -15.96% | YoY: -61.41%

Gross Profit

Decreasing

83.97M

58.33% margin

QoQ: -27.51% | YoY: -53.09%

Operating Income

Decreasing

-27.99M

QoQ: -1 042.39% | YoY: -449.89%

Net Income

Decreasing

-41.99M

QoQ: 24.27% | YoY: -281.70%

EPS

Decreasing

-0.07

QoQ: 24.58% | YoY: -276.72%

Revenue Trend

Margin Analysis

Financial Highlights

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.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	143.96M	-61.41%	-15.96%
Gross Profit	83.97M	-53.09%	-27.51%
Operating Income	-27.99M	-449.89%	-1 042.39%
Net Income	-41.99M	-281.70%	24.27%
EPS	-0.07	-276.72%	24.58%

Key Financial Ratios

Gross Profit Margin

Good

58.30%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Weak

-0.19%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.29%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.03%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.06%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.43

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Moderate

0.33

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Negative

-9.80x

Negative earnings make P/E ratio not meaningful

Price to Book

Fair Value

2.22x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	129.60	0.02	-10.6%	View
Q1 2026	121.70	0.00	-15.5%	View
Q4 2025	143.90	-0.01	-16.0%	View
Q3 2025	143.00	-0.02	-18.3%	View
Q2 2025	145.00	-0.03	+9.9%	View
Q1 2025	143.96	-0.07	-61.4%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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