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Earnings transcript
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BB
BlackBerry Limited
$9.19
-0.1
(-1.08%)
| Exchange: | NYSE |
| Market Cap: | 5.386B |
| Shares Outstanding: | 340.812M |
Delayed data
About The Company
| Sector: | Technology | |||||
| Industry: | Software – Infrastructure | |||||
| CEO: | John Joseph Giamatteo | |||||
| Full Time Employees: | 1820 | |||||
| Address: |
| |||||
| Website: | https://www.blackberry.com |
BlackBerry Limited stands as a global technology company, delivering intelligent security solutions, software, and comprehensive services to government bodies and businesses worldwide. Its operational structure is divided into three primary segments: Cybersecurity, Internet of Things (IoT), and Licensing & Other ventures. Within its Cybersecurity division, the company offers the sophisticated BlackBerry Cyber Suite. This platform leverages Cylance’s artificial intelligence and machine learning capabilities to provide a robust array of protective measures. Key components include BlackBerry Protect, an Endpoint Protection Platform (EPP) also featuring Mobile Threat Defense (MTD); BlackBerry Optics, an Endpoint Detection and Response (EDR) solution designed for deep visibility and proactive prevention of malicious activities; BlackBerry Guard, which delivers managed detection and response (MDR) services; BlackBerry Gateway, an AI-driven Zero Trust Network Access (ZTNA) offering; and BlackBerry Persona, a User and Entity Behavior Analytics (UEBA) solution focused on real-time user identity verification. Beyond its core cybersecurity offerings, BlackBerry provides the Spark Unified Endpoint Management (UEM) Suite. This suite encompasses BlackBerry UEM, serving as the foundational software for its secure communication ecosystem, and BlackBerry Dynamics, which furnishes a secure container technology and development environment for mobile applications. The company further supplies critical event management systems such as BlackBerry AtHoc and BlackBerry Alert. For government entities, it offers SecuSUITE, a secure voice and text messaging solution compatible across multiple operating systems, alongside BBM Enterprise, a secure instant messaging platform tailored for corporate use. In the sphere of embedded systems and the IoT, BlackBerry’s diverse portfolio includes BlackBerry QNX, recognized for its Neutrino operating system, the BlackBerry QNX CAR platform, and various embedded solutions. Other notable products are BlackBerry Jarvis, a cloud-native platform for static application security testing of binaries; BlackBerry Certicom, specializing in cryptographic and management products; BlackBerry Radar, an asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform. These are complemented by a suite of enterprise and cybersecurity consulting services. Furthermore, BlackBerry generates revenue through its substantial patent licensing program and fees derived from access to legacy services. As of February 28, 2022, the company maintained an impressive portfolio of approximately 38,000 global patents and patent applications. Founded in 1984, BlackBerry Limited is strategically headquartered in Waterloo, Canada.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 759,100 | 534,900 | 558,077.691 |
| Gross Profit | 490,700 | 394,900 | 413,451.111 |
| EBITDA | 93,900 | 59,200 | 84,153.764 |
| Operating Income | 11,000 | 800 | 67,180.723 |
| Net Income | -130,200 | -79,000 | 54,069.810 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 1,395,000 | 1,295,600 | 1,144,100 |
| Total Liabilities | 619,000 | 572,956 | 0 |
| Total Stockholders Equity | 776,000 | 716,468 | 0 |
| Total Debt | 252,000 | 239,000 | 18,800 |
| Cash and Cash Equivalents | 175,000 | 266,700 | 288,900 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | -3,000 | 16,500 | 50,300 |
| Capital Expenditure | -20,873.964 | -10,100 | 0 |
| Free Cash Flow | -23,855.958 | 6,400 | 50,300 |
| Net Income | -130,000 | -79,000 | 53,200 |
| Net Change in Cash | -122,000 | 79,800 | 8,600 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 520,566.233 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 535,244.952 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 526,595.083 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 16,648.358 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 17,117.802 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 16,841.169 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 100,077.560 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 103,758.683 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 101,918.122 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 232,295.419 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 238,845.592 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 234,985.709 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0.170 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0.170 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0.170 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Intrinsic Value Calculator
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Common questions about BB valuation
Is BlackBerry Limited (BB) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for BlackBerry Limited (BB) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BB a buy, hold, or sell for long-term investors?
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What is BB’s P/E ratio?
You can see BB’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BB?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BB a good long-term investment?
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BB
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Daily snapshot
-1.08
Trading Metrics:
| Open: | 9.29 | Previous Close: | 9.29 | |
| Day Low: | 9.05 | Day High: | 9.51 | |
| Year Low: | 3.12 | Year High: | 10.93 | |
| Price Avg 50: | 6.3 | Price Avg 200: | 4.57 | |
| Volume: | 21.281M | Average Volume: | 26.066M |
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Welcome to MARKETSNAP’s SWOT analysis for BlackBerry Limited, the tech company many of us know for its past dominance in the smartphone game and its pivot to software and cybersecurity solutions. If you’re a long-term investor looking to understand where BlackBerry stands today and what its future might hold, you’ve come to the right place. Let’s dive into a comprehensive breakdown of this company, from recent developments to a detailed SWOT analysis, and wrap it up with some actionable insights…
