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BlackBerry Limited — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2026Feb 28, 2026FY 2025Feb 28, 2025FY 2024Feb 29, 2024FY 2023Feb 28, 2023FY 2022Feb 28, 2022FY 2021Feb 28, 2021
+Total Revenue 549.1M 534.9M 759.1M 526.3M 718.0M --
Revenue Growth % 2.7% -29.5% 44.2% -26.7% -- --
Operating Revenue 549.1M 534.9M 759.1M 526.3M 718.0M --
Cost Of Revenue 130.9M 140.0M 268.4M 159.7M 251.0M --
+Gross Profit 418.2M 394.9M 490.7M 366.6M 467.0M --
Gross Margin % 76.2% 73.8% 64.6% 69.7% 65.0% --
Selling General And Administration 242.8M 255.2M 291.2M 274.6M 297.0M --
General And Administrative Expense 128.8M 159.7M 187.2M 172.0M 114.0M --
Research And Development 113.6M 108.8M 127.1M 134.2M 219.0M --
Depreciation And Amortization In Income Statement 11.4M 17.8M 26.8M 27.4M 165.0M --
Operating Expense 367.8M 381.8M 445.1M 436.2M 681.0M --
+Operating Income 50.4M 13.1M 45.6M -69.6M -214.0M --
Operating Margin % 9.2% 2.4% 6.0% -13.2% -29.8% --
EBIT 65.0M 14.5M 35.4M -195.4M -214.0M --
Interest Expense 6.0M 6.0M 5.6M 6.4M -- --
Interest Expense Non Operating 6.0M 6.0M 5.6M 6.4M -- --
Net Interest Income -6.0M -6.0M -5.6M -6.4M -- --
Other Income Expense 14.6M 1.3M -10.3M -125.8M 233.0M --
Other Non Operating Income Expenses -- -- -3.5M 137.4M 212.0M -372.0M
Special Income Charges -2.1M -12.4M -31.2M -274.6M 0.00 --
Gain On Sale Of Security 16.7M 13.7M 24.4M 11.4M 21.0M --
Pretax Income 59.0M 8.5M 29.8M -201.8M 19.0M --
Tax Provision 5.8M 17.0M 24.2M 13.7M 7.0M --
Tax Effect Of Unusual Items 1.4M 195,000 -1.0M -5.3M 7.7M --
Net Income From Continuing And Discontinued Operation 53.2M -79.0M -130.2M -734.4M 12.0M --
Net Income From Continuing Operation Net Minority Interest 53.2M -8.5M 5.6M -215.5M 12.0M --
Net Income Including Noncontrolling Interests 53.2M -79.0M -130.2M -734.4M 12.0M --
+Net Income Common Stockholders 53.2M -79.0M -130.2M -734.4M 12.0M --
Net Margin % 9.7% -14.8% -17.2% -139.5% 1.7% --
Net Income 53.2M -79.0M -130.2M -734.4M 12.0M --
EBITDA 82.8M 59.2M 93.9M -90.7M -38.0M --
Normalized EBITDA 68.2M 57.9M 100.7M 172.5M -59.0M --
Reconciled Depreciation 17.8M 44.7M 58.5M 104.7M 176.0M --
Basic EPS 0.09 -0.13 -0.22 -1.27 0.02 --
Diluted EPS 0.09 -0.13 -0.22 -1.35 -0.31 --
Basic Average Shares 592.3M 591.5M 584.5M 578.7M 570.6M --
Diluted Average Shares 597.6M 591.5M 592.5M 639.5M 631.4M --
Total Unusual Items 14.6M 1.3M -6.8M -263.2M 21.0M --
Total Unusual Items Excluding Goodwill 14.6M 1.3M -6.8M -263.2M 21.0M --
Tax Rate For Calcs 0.10 0.15 0.15 0.02 0.37 --
Normalized Income 40.0M -9.6M 11.4M 42.4M -1.3M --
Amortization 6.3M 10.7M 17.7M 18.0M 153.0M --
Amortization Of Intangibles Income Statement 6.3M 10.7M 17.7M 18.0M 153.0M --
Average Dilution Earnings -- 0.00 0.00 -131.0M -206.0M --
Depreciation Amortization Depletion Income Statement 11.4M 17.8M 26.8M 27.4M 165.0M --
Depreciation Income Statement 5.1M 7.1M 9.1M 9.4M 12.0M --
Diluted NI Availto Com Stockholders 53.2M -79.0M -130.2M -865.4M -194.0M --
Gain On Sale Of Ppe -- 0.00 0.00 6.0M 0.00 --
Impairment Of Capital Assets 2.1M 9.6M 31.2M 115.6M 0.00 --
Net Income Continuous Operations 53.2M -8.5M 5.6M -215.5M 12.0M --
Net Income Discontinuous Operations 0.00 -70.5M -135.8M -518.9M -- --
Net Non Operating Interest Income Expense -6.0M -6.0M -5.6M -6.4M -- --
Other Gand A 128.8M 159.7M 187.2M 172.0M 114.0M --
Other Special Charges -- 2.8M -- 165.0M -- --
Reconciled Cost Of Revenue 124.5M 113.1M 236.7M 82.4M 240.0M --
Selling And Marketing Expense 114.0M 95.5M 104.0M 102.6M 183.0M --
Total Expenses 498.7M 521.8M 713.5M 595.9M 932.0M --
Total Operating Income As Reported 48.3M 800,000 11.0M -206.8M -2.0M --
Line ItemFY 2026Feb 28, 2026FY 2025Feb 28, 2025FY 2024Feb 29, 2024FY 2023Feb 28, 2023FY 2022Feb 28, 2022FY 2021Feb 28, 2021
Cash And Cash Equivalents 274.7M 266.7M 175.1M 295.0M 378.0M --
Cash Cash Equivalents And Short Term Investments 359.9M 337.8M 237.1M 426.0M 712.0M --
Cash Equivalents 106.1M 43.0M 78.9M 208.0M 274.0M --
Cash Financial 168.6M 223.7M 96.2M 87.0M 104.0M --
Other Short Term Investments 85.2M 71.1M 62.0M 131.0M 334.0M --
Accounts Receivable 156.0M 173.7M 198.7M 120.0M 138.0M --
Receivables 166.1M 223.7M 223.7M 135.0M 172.0M --
Other Current Assets 42.2M 30.0M 35.1M 182.0M 159.0M --
Current Assets 568.2M 591.5M 507.5M 743.0M 1.0B --
Gross PPE 114.9M 119.9M 141.1M 158.0M 206.0M --
Accumulated Depreciation -85.9M -84.5M -88.1M -89.0M -115.0M --
Net PPE 29.0M 35.4M 53.0M 69.0M 91.0M --
Goodwill 479.1M 472.4M 474.5M 595.0M 844.0M --
Goodwill And Other Intangible Assets 519.2M 519.7M 532.0M 798.0M 1.4B --
Other Intangible Assets 40.1M 47.3M 57.5M 203.0M 522.0M --
Investments And Advances 58.3M 58.9M 35.7M 34.0M 30.0M --
Other Non Current Assets 70.5M 90.1M 266.8M 35.0M 37.0M --
Total Non Current Assets 677.0M 704.1M 887.5M 936.0M 1.5B --
Total Assets 1.2B 1.3B 1.4B 1.7B 2.6B --
Current Debt -- -- -- 367.0M -- --
Current Debt And Capital Lease Obligation -- 15.0M 19.6M 391.0M 28.0M --
Accounts Payable 5.5M 31.1M 16.8M 24.0M 22.0M --
Payables 17.9M 56.6M 45.2M 44.0M 33.0M --
Payables And Accrued Expenses 93.1M 151.4M 124.2M 160.0M 142.0M --
Current Accrued Expenses 75.2M 94.8M 79.0M 116.0M 109.0M --
Current Deferred Revenue 138.5M 161.5M 148.7M 175.0M 207.0M --
Other Current Liabilities -- -- 49.3M -- -- --
Current Liabilities 268.1M 344.3M 356.9M 729.0M 397.0M --
Long Term Debt 196.5M 195.3M 194.1M -- 507.0M 720.0M
Long Term Debt And Capital Lease Obligation 215.3M 224.0M 231.9M 52.0M 573.0M --
Long Term Capital Lease Obligation 18.8M 28.7M 37.8M 52.0M 66.0M --
Other Non Current Liabilities 1.7M 1.8M 3.2M 1.0M 4.0M --
Total Non Current Liabilities Net Minority Interest 231.1M 231.4M 263.0M 93.0M 614.0M --
Total Liabilities Net Minority Interest 499.2M 575.7M 619.9M 822.0M 1.0B --
Common Stock 2.9B 3.0B 2.9B 2.9B 2.9B --
Capital Stock 2.9B 3.0B 2.9B 2.9B 2.9B --
Retained Earnings -2.2B -2.2B -2.2B -2.0B -1.3B --
Gains Losses Not Affecting Retained Earnings -11.2M -19.2M -14.3M -24.0M -19.0M --
Other Equity Adjustments -11.2M -19.2M -14.3M -24.0M -19.0M --
Common Stock Equity 746.0M 719.9M 775.1M 857.0M 1.6B --
Stockholders Equity 746.0M 719.9M 775.1M 857.0M 1.6B --
Total Equity Gross Minority Interest 746.0M 719.9M 775.1M 857.0M 1.6B --
Total Capitalization 942.5M 915.2M 969.2M 857.0M 2.1B --
Net Tangible Assets 226.8M 200.2M 243.1M 59.0M 190.0M --
Tangible Book Value 226.8M 200.2M 243.1M 59.0M 190.0M --
Working Capital 300.1M 247.2M 150.6M 14.0M 646.0M --
Invested Capital 942.5M 915.2M 969.2M 1.2B 2.1B --
Total Debt 215.3M 224.0M 251.5M 443.0M 601.0M --
Net Debt -- -- 19.0M 72.0M 129.0M 506.0M
Share Issued 587.4M 596.2M 589.2M 582.2M 576.2M --
Ordinary Shares Number 587.4M 596.2M 589.2M 582.2M 576.2M --
Allowance For Doubtful Accounts Receivable -3.4M -6.6M -6.0M -1.0M -4.0M --
Assets Held For Sale Current -- 0.00 11.6M -- -- --
Available For Sale Securities -- -- -- 34.0M 30.0M --
Capital Lease Obligations 18.8M 28.7M 57.4M 76.0M 94.0M --
Current Capital Lease Obligation -- 15.0M 19.6M 24.0M 28.0M --
Current Deferred Liabilities 138.5M 161.5M 148.7M 175.0M 207.0M --
Gross Accounts Receivable 159.4M 180.3M 204.7M 121.0M 142.0M --
Income Tax Payable 12.4M 25.5M 28.4M 20.0M 11.0M --
Investmentin Financial Assets -- -- -- 34.0M 30.0M --
Leases 12.9M 10.5M 15.2M 19.0M 53.0M --
Liabilities Heldfor Sale Non Current -- 0.00 13.3M -- -- --
Machinery Furniture Equipment 4.8M 4.6M 6.3M 9.0M 10.0M --
Non Current Deferred Liabilities 14.1M 5.6M 14.6M 40.0M 37.0M --
Non Current Deferred Revenue 14.1M 5.6M 14.6M 40.0M 37.0M --
Other Current Borrowings -- -- -- 367.0M -- --
Other Properties 97.2M 104.8M 119.6M 130.0M 143.0M --
Other Receivables 7.5M 48.4M 21.4M 12.0M 25.0M --
Pensionand Other Post Retirement Benefit Plans Current 36.5M 31.4M 15.1M 3.0M 20.0M --
Preferred Stock 0.00 0.00 0.00 0.00 0.00 --
Properties 0.00 0.00 0.00 0.00 0.00 --
Taxes Receivable 2.6M 1.6M 3.6M 3.0M 9.0M --
Total Tax Payable 12.4M 25.5M 28.4M 20.0M 11.0M --
Line ItemFY 2026Feb 28, 2026FY 2025Feb 28, 2025FY 2024Feb 29, 2024FY 2023Feb 28, 2023FY 2022Feb 28, 2022FY 2021Feb 28, 2021
Operating Cash Flow 50.3M 16.5M -3.5M -262.2M -28.0M --
Cash Flow From Continuing Operating Activities 50.3M 16.5M -3.5M -262.2M -28.0M --
Depreciation And Amortization 17.8M 44.7M 58.5M 104.7M 176.0M --
Depreciation Amortization Depletion 17.8M 44.7M 58.5M 104.7M 176.0M --
Stock Based Compensation 23.2M 25.6M 33.1M 33.9M 36.0M --
Deferred Tax -- -- -- -- -- -3.0M
Deferred Income Tax -- -- -- -- -- -3.0M
Change In Working Capital -35.9M 34.5M -154.3M 6.2M 1.0M --
Changes In Account Receivables 17.7M 25.0M -78.8M 17.8M 44.0M --
Change In Receivables 19.5M 38.7M -88.5M 36.2M 45.0M --
Change In Payables And Accrued Expense -49.1M 17.7M -19.0M -100,000 -9.0M --
Change In Payable -39.6M 11.3M 1.3M 11.7M 7.0M --
Change In Other Working Capital -14.5M -5.9M 7.5M -29.4M -50.0M --
Change In Other Current Assets 8.2M -16.0M -54.3M -500,000 15.0M --
Other Non Cash Items -10.1M -18.9M -11.4M -9.1M -19.0M --
Capital Expenditure -9.5M -10.1M -20.9M -40.9M -39.0M --
Purchase Of PPE -3.8M -3.1M -7.1M -7.3M -8.0M --
Net PPE Purchase And Sale -3.8M -3.1M -7.1M 9.8M -8.0M --
Purchase Of Business -- -- -- -- 0.00 0.00
Purchase Of Investment -153.6M -154.9M -156.0M -517.3M -917.0M --
Sale Of Investment 140.6M 145.9M 223.5M 716.3M 1.1B --
Net Investment Purchase And Sale -13.0M -9.0M 67.5M 199.0M 222.0M --
Investing Cash Flow 15.6M 60.7M 46.6M 175.2M 207.0M --
Cash Flow From Continuing Investing Activities -22.5M -19.1M 46.6M 175.2M 207.0M --
Issuance Of Debt 0.00 0.00 344.0M 0.00 0.00 --
Repayment Of Debt 0.00 0.00 -515.0M -100,000 0.00 --
Net Issuance Payments Of Debt 0.00 0.00 -171.0M -100,000 0.00 --
Issuance Of Capital Stock 2.5M 3.1M 5.9M 6.1M 10.0M --
Repurchase Of Capital Stock -60.7M 0.00 0.00 -- -- --
Net Common Stock Issuance -58.2M 3.1M 5.9M 6.1M 10.0M --
Common Stock Payments -60.7M 0.00 0.00 -- -- --
Financing Cash Flow -58.2M 3.1M -165.1M 6.0M 10.0M --
Cash Flow From Continuing Financing Activities -58.2M 3.1M -165.1M 6.0M 10.0M --
Effect Of Exchange Rate Changes 900,000 -500,000 200,000 -2.9M -1.0M --
Changes In Cash 7.7M 80.3M -122.0M -81.0M 189.0M --
Beginning Cash Position 280.3M 200.5M 322.3M 406.2M 218.0M --
End Cash Position 288.9M 280.3M 200.5M 322.3M 406.0M --
Free Cash Flow 40.8M 6.4M -24.4M -303.1M -67.0M --
Amortization Cash Flow 17.8M 44.7M 58.5M 104.7M 176.0M --
Amortization Of Intangibles 17.8M 44.7M 58.5M 104.7M 176.0M --
Asset Impairment Charge 2.1M 9.6M 50.1M 479.9M 0.00 --
Cash From Discontinued Investing Activities 38.1M 79.8M 0.00 0.00 -- --
Change In Account Payable -26.5M 14.2M -7.4M 2.9M 2.0M --
Change In Accrued Expense -9.5M 6.4M -20.3M -11.8M -16.0M --
Change In Income Tax Payable -13.1M -2.9M 8.7M 8.8M 5.0M --
Change In Tax Payable -13.1M -2.9M 8.7M 8.8M 5.0M --
Common Stock Issuance 2.5M 3.1M 5.9M 6.1M 10.0M --
Gain Loss On Investment Securities -- -- -- -- -22.0M --
Gain Loss On Sale Of PPE 0.00 0.00 147.2M -6.0M 0.00 --
Long Term Debt Issuance -- -- -- 0.00 0.00 365.0M
Long Term Debt Payments -- 0.00 0.00 -100,000 0.00 --
Net Business Purchase And Sale -- -- -- -- 0.00 0.00
Net Income From Continuing Operations 53.2M -79.0M -130.2M -734.4M 12.0M --
Net Intangibles Purchase And Sale -5.7M -7.0M -13.8M -33.6M -31.0M --
Net Long Term Debt Issuance -- 0.00 0.00 -100,000 0.00 --
Net Other Investing Changes -- -- -- -- 24.0M -24.0M
Net Short Term Debt Issuance 0.00 0.00 -171.0M 0.00 0.00 --
Operating Gains Losses -- -- 147.2M -6.0M -22.0M --
Purchase Of Intangibles -5.7M -7.0M -13.8M -33.6M -31.0M --
Sale Of PPE -- 0.00 0.00 17.1M 0.00 --
Short Term Debt Issuance 0.00 0.00 344.0M 0.00 0.00 --
Short Term Debt Payments 0.00 0.00 -515.0M 0.00 0.00 --
Unrealized Gain Loss On Investment Securities 0.00 0.00 3.5M -137.4M -212.0M --
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