BlackBerry Posts Record QNX Revenue and Extends Profit Streak in Q3 FY2026
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BlackBerry ( (TSE:BB) ) has issued an announcement.
BlackBerry reported stronger-than-expected results for the third quarter of fiscal 2026, with revenue of $141.8 million, improved GAAP profitability for the seventh straight quarter and a third consecutive quarter of positive net income. The QNX division delivered its highest quarterly revenue on record at $68.7 million, reflecting deeper penetration into automotive and adjacent markets, while Secure Communications outperformed guidance with $67.0 million in revenue, higher adjusted EBITDA and growing annual recurring revenue. Overall adjusted EBITDA reached $28.7 million, operating cash flow turned positive at $17.9 million, and the company boosted its cash and investments balance to $378 million while returning $5 million to shareholders via buybacks. Operationally, BlackBerry strengthened its QNX leadership by appointing John Wall as president, highlighted that its embedded technology now powers more than 275 million vehicles, expanded its SecuSUITE secure communications offering to Windows devices, and deepened its presence in Malaysia through cybersecurity partnerships and expanded deployment of its secure communications software. The company also issued guidance for the fourth quarter and full fiscal year 2026 that points to continued profitability and steady growth in its QNX and Secure Communications segments, underscoring its strategic shift toward high-margin software and security platforms.
The most recent analyst rating on (TSE:BB) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on BlackBerry stock, see the TSE:BB Stock Forecast page.
Spark’s Take on TSE:BB Stock
According to Spark, TipRanks’ AI Analyst, TSE:BB is a Neutral.
BlackBerry’s overall stock score reflects significant financial challenges, particularly in profitability and valuation. However, positive earnings call results and strategic wins in key divisions provide some optimism. Technical indicators are mixed, suggesting neutral market sentiment.
To see Spark’s full report on TSE:BB stock, click here.
More about BlackBerry
BlackBerry Limited is a Canadian software and cybersecurity company that focuses on embedded operating systems for automotive and other industries through its QNX division, and secure communications and encryption solutions for governments and enterprises. The company has increasingly pivoted away from its legacy handset business to specialize in safety-critical automotive software, secure communications platforms and licensing its technology across global markets.
Average Trading Volume: 2,246,046
Technical Sentiment Signal: Buy
Current Market Cap: C$3.57B
See more insights into BB stock on TipRanks’ Stock Analysis page.
