BlackBerry Q4 Revenue Hits $156M, Beats Estimates

BlackBerry Ltd. reported stronger-than-expected fourth-quarter results on April 9, 2026, with revenue rising 10 percent year-over-year to $156 million, surpassing analyst estimates of $144.4 million. The Waterloo, Ontario-based software company also issued upbeat guidance for its fiscal first quarter and full year 2027, fueling an 8 percent surge in its U.S.-listed shares during trading.

The results highlighted robust performance in BlackBerry's core segments. Its QNX embedded software division, which provides real-time operating systems for mission-critical applications like automotive systems, achieved record quarterly revenue of $78.7 million, a 20 percent increase from the prior year. The division's royalty backlog expanded to $950 million, reflecting long-term contracts tied to design wins in vehicles and other industries. Secure communications, focused on cybersecurity solutions for enterprises and governments, generated $72.5 million in revenue, up 8 percent year-over-year, driven by demand in regulated sectors. Licensing revenue added $4.8 million. Adjusted earnings per share came in at 6 cents, beating forecasts of 4 cents, while the company posted a net profit of...