BlackBerry Exceeds Expectations in Fiscal Year 2025 Results

BlackBerry Limited announced a strong fiscal performance for the year ending February 28, 2025. The company surpassed revenue expectations across its three units: QNX, Secure Communications, and Licensing. Quarterly revenue reached $141.7 million, while annual revenue was $534.9 million. The company reported an adjusted EBITDA of $21.1 million for Q4, exceeding forecasts.

Operating cash flow showed significant improvement, rising by $57 million year-over-year to $42 million. BlackBerry also completed the sale of its Cylance business, boosting its financial standing with an $80 million cash infusion.

QNX revenue was $65.8 million, with a 6% sequential growth. Secure Communications revenue reached $67.3 million, and Licensing reported $8.6 million in revenue. Despite a GAAP net loss of $7.4 million for the quarter, the adjusted net income was $17.7 million, with adjusted EPS of $0.03, exceeding guidance.