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Earnings Summary: Blackberry swings to profit in Q2 2026

BlackBerry Limited (NYSE: BB), a Canada-based provider of software and services for endpoint management, has announced financial results for the second quarter of fiscal 2026.

  • Second-quarter revenues increased to $129.6 million from $126.2 million in the same period of fiscal 2025
  • QNX segment revenue rose 15% year-over-year to $63.1 million; QNX adjusted gross margin was flat YoY at 83%
  • Secure Communications revenue dropped 10% to $59.9 million; Secure Communications’ adj. gross margin was up 5 p.p
  • Licensing revenue increased 32% annually to $6.6 million in the August quarter
  • The company reported net income of $13.3 million for the quarter, vs. a loss of $19.7 million in the prior-year quarter
  • On a per-share basis, Q2 profit was $0.02, compared to a loss of $0.03 a year earlier
  • During the quarter, Blackberry returned $20 million to shareholders as part of its share buyback program
  • Total company adjusted EBITDA was $25.9 million, or 20% of revenue
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