BlackBerry Reports Strong Q2 2027 Financial Results with Revenue Growth of 26%
BlackBerry (BB) reported second-quarter financial results for fiscal year 2027, showing a revenue increase of $163.3 million — up 26% year-over-year driven by strong performance in the QNX segment. Adjusted EBITDA rose to $47.0 million, an 81% improvement from last year and representing nearly 29% of total revenue. The company highlighted record quarterly results for its QNX business with $80.3 million in revenue — up 27%. Secure Communications also posted stable growth at 2%, while Licensing Revenue exceeded expectations due to a new licensing agreement. Management raised full-year guidance across multiple metrics, including revenue and adjusted EBITDA. BlackBerry’s cash reserves remain strong at $447.1 million with strategic flexibility for capital allocation. However, the CFO noted risks from geopolitical tensions affecting U.S.-based Secure Communications operations.
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Topics: adjusted_ebitda cash_flow qnx_segment_growth revenue