Stronger Than Expected Revenue Growth
BlackBerry's revenue for Q2 FY2026 grew by 3% year over year to $129.6 million, exceeding expectations.
Positive Profitability Metrics
The company achieved positive GAAP net income for the second consecutive quarter at $13.3 million and non-GAAP EPS beat guidance at positive $0.04.
Remarkable QNX Division Performance
QNX reported 15% year-over-year revenue growth to $63.1 million and a 32% adjusted EBITDA margin, marking the most profitable quarter in the division's history.
Secure Communications Growth
Secure Communications revenue was $59.9 million, with an ARR increase of $4 million to $213 million, and a DVNRR improvement to 93%.
Strategic Wins and Partnerships
Notable design wins included a mid-eight-figure win in China and partnerships with BMW and Qualcomm for the Snapdragon RidePilot platform.
Increased Pipeline and Market Opportunities
BlackBerry secured new deals with the U.S. State Department, U.S. Coast Guard, and German government, expanding its potential market and pipeline.