BlackBerry (BB) Financials

$3.94 +0.03 (+0.77%)

Closing price 05/20/2025 03:58 PM Eastern

Extended Trading

$3.92 -0.02 (-0.51%)

As of 08:57 AM Eastern

Annual Income Statements for BlackBerry

This table shows BlackBerry's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	2/28/2025	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015
Net Income / (Loss) Attributable to Common Shareholders	-79	-130	-734	12	-1,104	-152	93	405	-1,206	-208	-304
Consolidated Net Income / (Loss)	-79	-130	-734	12	-1,104	-152	93	405	-1,206	-208	-304
Net Income / (Loss) Continuing Operations	-8.50	5.60	-216	12	-1,104	-152	93	405	-1,206	-208	-304
Total Pre-Tax Income	8.50	30	-202	19	-1,113	-148	77	406	-1,208	-282	-385
Total Operating Income	0.80	11	-207	-2.00	-1,107	-149	60	283	-1,181	-223	-423
Total Gross Profit	395	491	367	467	643	763	698	670	617	941	1,604
Total Revenue	535	759	526	718	893	1,040	904	932	1,309	2,160	3,335
Operating Revenue	535	759	526	718	893	1,040	904	932	1,309	2,160	3,335
Total Cost of Revenue	140	268	160	251	250	277	206	262	692	1,219	1,731
Operating Cost of Revenue	140	268	160	251	250	277	206	262	692	1,219	1,731
Total Operating Expenses	394	480	573	469	1,750	912	638	387	1,798	1,164	2,027
Selling, General & Admin Expense	160	187	172	114	344	493	409	476	553	653	769
Marketing Expense	96	104	103	183	-	-	-	-	-	-	-
Research & Development Expense	109	127	134	219	215	259	219	239	306	469	711
Depreciation Expense	18	27	27	165	182	194	136	153	186	277	298
Other Operating Expenses / (Income)	0.00	3.50	-137	-212	372	-66	-126	-492	24	-430	80
Impairment Charge	9.60	31	116	0.00	637	32	0.00	11	558	0.00	0.00
Other Special Charges / (Income)	2.80	0.00	159	0.00	0.00	-	-	0.00	171	195	169
Total Other Income / (Expense), net	7.70	19	5.00	21	-6.00	1.00	17	123	-27	-59	38
Interest & Investment Income	7.70	19	5.00	21	-6.00	1.00	17	123	-27	-59	38
Income Tax Expense	17	24	14	7.00	-9.00	4.00	-16	1.00	-2.00	-74	-81
Net Income / (Loss) Discontinued Operations	-71	-136	-519	-	-	-	-	-	-	-	-
Basic Earnings per Share	($0.13)	($0.22)	($1.27)	$0.02	($1.97)	($0.27)	$0.17	$0.76	($2.30)	($0.40)	($0.58)
Weighted Average Basic Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M
Diluted Earnings per Share	($0.13)	($0.22)	($1.35)	($0.31)	($1.97)	($0.32)	$0.00	$0.74	($2.30)	($0.86)	($0.58)
Weighted Average Diluted Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M
Weighted Average Basic & Diluted Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M

This table shows BlackBerry's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-7.00	-11	-19	-42	-56	-21	-42	-11	-495	-4.00	-54
Consolidated Net Income / (Loss)	-7.00	-11	-19	-42	-56	-21	-42	-11	-495	-4.00	-54
Net Income / (Loss) Continuing Operations	41	12	-19	-42	51	8.00	-42	-11	24	-4.00	-54
Total Pre-Tax Income	42	19	-18	-34	55	23	-40	-8.00	25	0.00	-49
Total Operating Income	42	19	-21	-39	51	18	-47	-11	19	-2.00	-47
Total Gross Profit	93	112	94	96	108	119	85	179	48	109	106
Total Revenue	103	143	145	144	102	152	132	373	21	169	168
Operating Revenue	103	143	145	144	102	152	132	373	21	169	168
Total Cost of Revenue	10	31	51	48	-5.60	33	47	194	-26	60	62
Operating Cost of Revenue	10	31	51	48	-5.60	33	47	194	-26	60	62
Total Operating Expenses	51	93	115	135	57	101	132	190	28	111	153
Selling, General & Admin Expense	49	38	33	40	58	45	30	54	-85	89	86
Marketing Expense	0.50	23	34	38	-9.00	25	43	45	-	-	-
Research & Development Expense	2.80	27	37	42	-5.90	29	50	54	-25	52	54
Depreciation Expense	-9.30	4.00	11	12	-8.30	6.00	14	15	-51	26	25
Impairment Charge	5.60	1.00	0.00	3.00	21	9.00	1.00	0.00	112	0.00	4.00
Other Special Charges / (Income)	2.80	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	-6.00
Total Other Income / (Expense), net	-0.30	0.00	3.00	5.00	3.80	5.00	7.00	3.00	6.00	2.00	-2.00
Interest & Investment Income	-0.30	0.00	3.00	5.00	3.80	5.00	7.00	3.00	6.00	2.00	-2.00
Income Tax Expense	1.00	7.00	1.00	8.00	4.20	15	2.00	3.00	1.70	4.00	5.00
Basic Earnings per Share	($0.01)	($0.02)	($0.03)	($0.07)	($0.09)	($0.04)	($0.07)	($0.02)	($0.86)	($0.01)	($0.09)
Weighted Average Basic Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M
Diluted Earnings per Share	($0.01)	($0.02)	($0.03)	($0.07)	($0.08)	($0.05)	($0.07)	($0.02)	($0.81)	($0.09)	($0.10)
Weighted Average Diluted Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M
Weighted Average Basic & Diluted Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M

This table details how cash moves in and out of BlackBerry's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	2/28/2025	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015
Net Change in Cash & Equivalents	80	-122	-84	188	-208	-156	-273	106	-222	-276	-346
Net Cash From Operating Activities	17	-3.50	-262	-28	82	26	100	704	-224	257	813
Net Cash From Continuing Operating Activities	17	-3.50	-262	-28	82	26	100	740	-224	257	813
Net Income / (Loss) Continuing Operations	-79	-130	-734	12	-1,104	-152	93	405	-1,206	-208	-304
Consolidated Net Income / (Loss)	-79	-130	-734	12	-1,104	-152	93	405	-1,206	-208	-304
Depreciation Expense	45	59	105	176	198	212	149	177	239	616	694
Non-Cash Adjustments To Reconcile Net Income	16	223	361	-217	1,044	24	-90	254	813	-159	302
Changes in Operating Assets and Liabilities, net	35	-154	6.20	1.00	-56	-58	-52	-132	-70	8.00	121
Net Cash From Investing Activities	61	47	175	207	-65	-188	-375	-630	724	-439	-1,173
Net Cash From Continuing Investing Activities	61	47	175	207	-65	-188	-375	-630	724	-439	-1,173
Purchase of Property, Plant & Equipment	-3.10	-7.10	-7.30	-8.00	-8.00	-12	-17	-15	-17	-32	-87
Acquisitions	-7.00	-14	-34	-31	-36	-32	-1,434	-30	-57	-768	-540
Purchase of Investments	-155	-156	-517	-917	-1,068	-1,181	-2,897	-3,526	-1,796	-3,090	-3,751
Sale of Property, Plant & Equipment	0.00	0.00	17	0.00	0.00	-	1.00	3.00	95	4.00	348
Sale and/or Maturity of Investments	146	224	716	1,163	1,047	1,036	3,972	2,938	2,499	3,447	2,857
Other Investing Activities, net	80	0.00	-	0.00	0.00	1.00	0.00	0.00	-	-	-
Net Cash From Financing Activities	3.10	-165	6.00	10	-227	7.00	5.00	-10	-721	-78	16
Net Cash From Continuing Financing Activities	3.10	-165	6.00	10	-227	7.00	5.00	-10	-721	-78	16
Repayment of Debt	0.00	-515	0.00	0.00	-610	0.00	0.00	-	-	12	-59
Issuance of Debt	0.00	344	0.00	0.00	365	0.00	0.00	0.00	605	0.00	0.00
Issuance of Common Equity	3.10	5.90	6.10	10	19	9.00	5.00	8.00	5.00	4.00	6.00
Other Financing Activities, net	0.00	0.00	-0.10	0.00	-1.00	-2.00	0.00	0.00	-16	-1.00	8.00

This table details how cash moves in and out of BlackBerry's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Net Change in Cash & Equivalents	80	12	28	-40	-35	-208	58	63	40	-176	39
Net Cash From Operating Activities	42	3.00	-13	-15	-16	-31	-56	99	-9.20	-187	-24
Net Cash From Continuing Operating Activities	42	3.00	-13	-15	-16	-31	-56	99	-9.20	-187	-24
Net Income / (Loss) Continuing Operations	-7.00	-11	-19	-42	-56	-21	-42	-11	-495	-4.00	-54
Consolidated Net Income / (Loss)	-7.00	-11	-19	-42	-56	-21	-42	-11	-495	-4.00	-54
Depreciation Expense	5.70	13	13	13	13	14	16	16	20	28	28
Non-Cash Adjustments To Reconcile Net Income	-0.70	5.00	6.00	6.00	41	3.00	2.00	177	457	-47	-8.00
Changes in Operating Assets and Liabilities, net	44	-4.00	-13	8.00	-12	-27	-32	-83	9.20	-164	10
Net Cash From Investing Activities	39	7.00	41	-26	-65	36	114	-38	49	9.00	64
Net Cash From Continuing Investing Activities	39	7.00	41	-26	-65	36	114	-38	49	9.00	64
Purchase of Property, Plant & Equipment	-0.10	-	-2.00	-1.00	-2.10	-2.00	-1.00	-2.00	-2.30	-1.00	-3.00
Acquisitions	-1.00	-2.00	-3.00	-1.00	-1.80	-2.00	-2.00	-8.00	-9.60	-8.00	-8.00
Purchase of Investments	-63	-20	-23	-49	-62	-1.00	-26	-67	-122	-120	-111
Sale and/or Maturity of Investments	23	29	69	25	0.50	41	143	39	183	138	169
Net Cash From Financing Activities	0.10	2.00	-	1.00	46	-213	-	2.00	-	3.00	-
Net Cash From Continuing Financing Activities	0.10	2.00	-	1.00	46	-213	-	2.00	-	3.00	-
Issuance of Common Equity	0.10	2.00	-	1.00	1.90	2.00	-	2.00	0.10	3.00	-

This table presents BlackBerry's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	2/28/2025	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015
Total Assets	1,296	1,395	1,679	2,567	2,818	3,888	3,968	3,780	3,296	5,534	6,558
Total Current Assets	592	508	743	1,043	1,006	1,196	1,233	2,545	1,717	3,011	4,167
Cash & Equivalents	267	175	295	378	214	377	548	816	734	957	1,233
Short-Term Investments	71	62	131	334	525	532	368	1,443	644	1,420	1,658
Accounts Receivable	222	220	132	163	207	229	252	222	227	389	600
Current Deferred & Refundable Income Taxes	1.60	3.60	3.00	9.00	10	6.00	9.00	26	31	0.00	179
Other Current Assets	30	35	182	159	50	52	56	38	55	102	375
Other Current Nonoperating Assets	0.00	12	-	-	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	13	21	25	41	48	70	85	64	91	412	556
Total Noncurrent Assets	691	866	911	1,483	1,764	2,622	2,650	1,171	1,488	2,111	1,835
Long-Term Investments	59	36	34	30	65	32	55	55	269	197	316
Goodwill	472	475	595	844	849	1,437	1,463	569	559	618	85
Intangible Assets	47	58	203	522	771	915	1,068	477	602	1,213	1,375
Other Noncurrent Operating Assets	112	112	79	87	79	238	62	28	51	50	59
Other Noncurrent Nonoperating Assets	0.00	187	-	-	-	-	-	39	-	-	-
Total Liabilities & Shareholders' Equity	1,296	1,395	1,679	2,567	2,818	3,888	3,968	3,780	3,296	5,534	6,558
Total Liabilities	576	620	822	1,011	1,314	1,359	1,332	1,275	1,239	2,326	3,127
Total Current Liabilities	344	357	729	397	429	1,121	510	411	621	1,039	1,372
Accounts Payable	31	17	24	22	20	31	48	46	128	270	235
Accrued Expenses	126	114	143	157	178	202	192	205	240	368	667
Current Deferred Revenue	162	149	175	207	225	264	253	142	239	392	470
Current Deferred & Payable Income Tax Liabilities	26	28	20	11	6.00	18	17	18	14	9.00	0.00
Other Current Liabilities	0.00	0.00	367	0.00	-	606	0.00	-	-	-	-
Other Current Nonoperating Liabilities	0.00	49	-	-	-	-	-	-	-	-	-
Total Noncurrent Liabilities	231	263	93	614	885	238	822	864	618	1,287	1,755
Long-Term Debt	195	194	0.00	507	720	-	665	782	591	1,277	1,707
Noncurrent Deferred Revenue	5.60	15	40	37	69	109	136	53	-	-	-
Other Noncurrent Operating Liabilities	31	41	53	70	96	129	19	23	18	-	-
Other Noncurrent Nonoperating Liabilities	0.00	13	-	-	-	-	-	-	-	-	-
Total Equity & Noncontrolling Interests	720	775	857	1,556	1,504	2,529	2,636	2,505	2,057	3,208	3,431
Total Preferred & Common Equity	720	775	857	1,556	1,504	2,529	2,636	2,505	2,057	3,208	3,431
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Total Common Equity	720	775	857	1,556	1,504	2,529	2,636	2,505	2,057	3,208	3,431
Common Stock	2,976	2,948	2,909	2,869	2,823	2,760	2,688	2,560	2,512	2,448	2,444
Retained Earnings	-2,237	-2,158	-2,028	-1,294	-1,306	-198	-32	-45	-438	768	1,010
Accumulated Other Comprehensive Income / (Loss)	-19	-14	-24	-19	-13	-33	-20	-10	-17	-8.00	-23

This table presents BlackBerry's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	11/30/2024	8/31/2024	5/31/2024	11/30/2023	8/31/2023	5/31/2023	11/30/2022	8/31/2022	5/31/2022	11/30/2021
Total Assets	1,309	1,299	1,323	1,400	1,613	1,674	2,194	2,381	2,460	2,599
Total Current Assets	455	438	458	450	645	696	769	940	964	929
Cash & Equivalents	189	171	143	210	415	358	255	431	391	271
Short-Term Investments	31	40	86	0.00	41	158	194	212	272	442
Accounts Receivable	167	171	169	191	135	125	140	115	123	155
Current Deferred & Refundable Income Taxes	5.00	4.00	3.00	5.00	5.00	3.00	5.00	9.00	9.00	9.00
Other Current Assets	39	52	57	44	49	52	175	173	169	52
Other Current Nonoperating Assets	24	-	-	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	14	17	19	22	22	24	26	27	38	42
Total Noncurrent Assets	840	844	846	928	946	954	1,399	1,414	1,458	1,628
Long-Term Investments	35	37	37	36	35	35	29	29	58	59
Goodwill	473	563	561	597	597	596	839	837	841	845
Intangible Assets	51	136	145	163	181	192	450	473	505	662
Other Noncurrent Operating Assets	105	108	103	132	133	131	81	75	54	62
Other Noncurrent Nonoperating Assets	176	-	-	-	-	-	-	-	-	-
Total Liabilities & Shareholders' Equity	1,309	1,299	1,323	1,400	1,613	1,674	2,194	2,381	2,460	2,599
Total Liabilities	584	567	581	575	784	815	855	1,051	1,075	1,200
Total Current Liabilities	332	305	321	508	713	736	767	516	521	409
Accounts Payable	9.00	7.00	6.00	17	18	21	21	20	14	26
Accrued Expenses	97	109	112	125	117	128	154	300	304	178
Current Deferred Revenue	133	161	174	183	174	177	179	179	190	194
Current Deferred & Payable Income Tax Liabilities	33	28	29	33	21	21	21	17	13	11
Other Current Liabilities	0.00	0.00	0.00	150	383	389	392	0.00	0.00	0.00
Other Current Nonoperating Liabilities	60	-	-	-	-	-	-	-	-	-
Total Noncurrent Liabilities	252	262	260	67	71	79	88	535	554	791
Long-Term Debt	195	195	194	0.00	0.00	0.00	0.00	449	459	673
Noncurrent Deferred Revenue	10	28	32	19	21	26	30	30	32	41
Other Noncurrent Operating Liabilities	20	39	34	48	50	53	58	56	63	77
Other Noncurrent Nonoperating Liabilities	27	-	-	-	-	-	-	-	-	-
Total Equity & Noncontrolling Interests	725	732	742	825	829	859	1,339	1,330	1,385	1,399
Total Preferred & Common Equity	725	732	742	825	829	859	1,339	1,330	1,385	1,399
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	725	732	742	825	829	859	1,339	1,330	1,385	1,399
Common Stock	2,972	2,964	2,957	2,941	2,931	2,920	2,898	2,887	2,880	2,857
Retained Earnings	-2,230	-2,219	-2,200	-2,102	-2,081	-2,039	-1,533	-1,529	-1,475	-1,438
Accumulated Other Comprehensive Income / (Loss)	-17	-13	-15	-14	-21	-22	-26	-28	-20	-20

This table displays calculated financial ratios and metrics derived from BlackBerry's official financial filings.

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	2/28/2025	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-29.54%	44.23%	-26.70%	-19.60%	-14.13%	15.04%	-3.00%	-28.80%	-39.40%	-35.23%	-51.05%
EBITDA Growth	-34.53%	168.07%	-158.68%	119.14%	-1,542.86%	-69.86%	-54.57%	148.83%	-339.69%	45.02%	104.60%
EBIT Growth	-92.73%	105.32%	-10,240.00%	99.82%	-642.95%	-348.33%	-78.80%	123.96%	-429.60%	47.28%	94.09%
NOPAT Growth	-138.70%	101.43%	-11,360.17%	99.84%	-642.95%	-243.93%	-74.33%	134.15%	-429.60%	47.28%	94.09%
Net Income Growth	39.32%	82.27%	-6,220.00%	101.09%	-626.32%	-263.44%	-77.04%	133.58%	-479.81%	31.58%	94.82%
EPS Growth	40.91%	83.70%	-335.48%	84.26%	-515.63%	0.00%	-100.00%	132.17%	-167.44%	-48.28%	0.00%
Operating Cash Flow Growth	571.43%	98.67%	-836.43%	-134.15%	215.38%	-74.00%	-85.80%	414.29%	-187.16%	-68.39%	611.32%
Free Cash Flow Firm Growth	125.66%	-120.76%	697.28%	116.10%	-195.17%	148.18%	-478.91%	319.33%	161.21%	-137.09%	126.64%
Invested Capital Growth	-7.54%	41.26%	-69.95%	-6.97%	-10.58%	-31.85%	149.46%	-6.69%	-47.62%	-1.04%	-25.56%
Revenue Q/Q Growth	-14.82%	-6.05%	-23.72%	-3.36%	-7.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	161.49%	114.69%	-361.79%	164.44%	-43.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	100.63%	102.04%	-158.50%	99.57%	-32.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	99.09%	100.55%	-158.50%	99.61%	-32.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	38.28%	77.12%	-673.05%	102.68%	-33.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	35.00%	76.84%	-206.82%	68.04%	-34.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	141.25%	-275.00%	-7.46%	-286.67%	28.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	167.81%	-69.71%	103.46%	244.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-6.07%	-3.14%	-53.89%	1.62%	-8.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	73.83%	64.64%	69.66%	65.04%	72.00%	73.37%	77.21%	71.89%	47.14%	43.56%	48.10%
EBITDA Margin	8.51%	9.16%	-19.40%	24.23%	-101.79%	6.06%	23.12%	49.36%	-71.96%	18.19%	8.13%
Operating Margin	0.15%	1.45%	-39.29%	-0.28%	-123.96%	-14.33%	6.64%	30.36%	-90.22%	-10.32%	-12.68%
EBIT Margin	0.15%	1.45%	-39.29%	-0.28%	-123.96%	-14.33%	6.64%	30.36%	-90.22%	-10.32%	-12.68%
Profit (Net Income) Margin	-14.77%	-17.15%	-139.54%	1.67%	-123.63%	-14.62%	10.29%	43.45%	-92.13%	-9.63%	-9.12%
Tax Burden Percent	-929.41%	-436.91%	363.92%	63.16%	99.19%	102.70%	120.78%	99.75%	99.83%	73.76%	78.96%
Interest Burden Percent	1,062.50%	270.91%	97.58%	-950.00%	100.54%	99.33%	128.33%	143.46%	102.29%	126.46%	91.02%
Effective Tax Rate	200.00%	81.21%	0.00%	36.84%	0.00%	0.00%	-20.78%	0.25%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.15%	0.43%	-16.85%	-0.09%	-51.52%	-5.32%	4.44%	29.18%	-56.78%	-8.13%	-13.09%
ROIC Less NNEP Spread (ROIC-NNEP)	37.48%	39.66%	152.83%	-8.41%	12.69%	2.33%	2.25%	19.84%	-24.54%	-4.41%	-12.46%
Return on Net Nonoperating Assets (RNNOA)	-10.42%	-16.39%	-44.02%	0.88%	-3.23%	-0.56%	-0.82%	-11.42%	10.97%	1.86%	4.47%
Return on Equity (ROE)	-10.57%	-15.95%	-60.87%	0.78%	-54.75%	-5.89%	3.62%	17.76%	-45.81%	-6.27%	-8.62%
Cash Return on Invested Capital (CROIC)	7.69%	-33.77%	90.71%	7.13%	-40.35%	32.55%	-81.10%	36.10%	5.72%	-7.08%	16.22%
Operating Return on Assets (OROA)	0.06%	0.72%	-9.74%	-0.07%	-33.02%	-3.79%	1.55%	8.00%	-26.75%	-3.69%	-6.00%
Return on Assets (ROA)	-5.87%	-8.47%	-34.59%	0.45%	-32.93%	-3.87%	2.40%	11.45%	-27.32%	-3.44%	-4.31%
Return on Common Equity (ROCE)	-10.57%	-15.95%	-60.87%	0.78%	-54.75%	-5.89%	3.62%	17.76%	-45.81%	-6.27%	-8.62%
Return on Equity Simple (ROE_SIMPLE)	-10.97%	-16.80%	-85.69%	0.77%	-73.40%	-6.01%	3.53%	16.17%	-58.63%	-6.48%	-8.86%
Net Operating Profit after Tax (NOPAT)	-0.80	2.07	-145	-1.26	-775	-104	72	282	-827	-156	-296
NOPAT Margin	-0.15%	0.27%	-27.51%	-0.18%	-86.77%	-10.03%	8.02%	30.29%	-63.16%	-7.23%	-8.88%
Net Nonoperating Expense Percent (NNEP)	-37.62%	-39.23%	-169.68%	8.32%	-64.21%	-7.65%	2.19%	9.34%	-32.24%	-3.71%	-0.62%
Return On Investment Capital (ROIC_SIMPLE)	-0.09%	0.21%	-16.89%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	26.17%	35.36%	30.34%	34.96%	28.00%	26.63%	22.79%	28.11%	52.86%	56.44%	51.90%
SG&A Expenses to Revenue	29.86%	24.66%	32.68%	15.88%	38.52%	47.40%	45.24%	51.07%	42.25%	30.23%	23.06%
R&D to Revenue	20.34%	16.74%	25.50%	30.50%	24.08%	24.90%	24.23%	25.64%	23.38%	21.71%	21.32%
Operating Expenses to Revenue	73.68%	63.19%	108.95%	65.32%	195.97%	87.69%	70.58%	41.52%	137.36%	53.89%	60.78%
Earnings before Interest and Taxes (EBIT)	0.80	11	-207	-2.00	-1,107	-149	60	283	-1,181	-223	-423
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	46	70	-102	174	-909	63	209	460	-942	393	271
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.87	2.10	2.63	2.53	3.76	1.12	1.77	2.57	1.76	1.29	1.66
Price to Tangible Book Value (P/TBV)	13.92	6.69	38.17	20.74	0.00	15.99	44.47	4.41	4.05	3.00	2.89
Price to Revenue (P/Rev)	5.21	2.14	4.28	5.49	6.33	2.72	5.17	6.91	2.77	1.91	1.71
Price to Earnings (P/E)	0.00	0.00	0.00	328.43	0.00	0.00	50.21	15.90	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.30%	0.00%	0.00%	1.99%	6.29%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.99	2.76	4.51	2.81	3.92	1.19	1.87	5.26	2.57	1.48	2.17
Enterprise Value to Revenue (EV/Rev)	4.83	2.04	3.40	5.16	6.24	1.82	4.83	5.27	1.96	1.31	1.26
Enterprise Value to EBITDA (EV/EBITDA)	56.81	22.28	0.00	21.30	0.00	29.98	20.88	10.67	0.00	7.21	15.47
Enterprise Value to EBIT (EV/EBIT)	3,231.20	140.78	0.00	0.00	0.00	0.00	72.73	17.34	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	749.15	0.00	0.00	0.00	0.00	60.21	17.39	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	156.66	0.00	0.00	0.00	67.93	72.65	43.64	6.97	0.00	11.02	5.16
Enterprise Value to Free Cash Flow (EV/FCFF)	62.29	0.00	2.30	37.92	0.00	2.96	0.00	14.05	30.87	0.00	11.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.27	0.25	0.00	0.33	0.48	0.00	0.25	0.31	0.29	0.40	0.50
Long-Term Debt to Equity	0.27	0.25	0.00	0.33	0.48	0.00	0.25	0.31	0.29	0.40	0.50
Financial Leverage	-0.28	-0.41	-0.29	-0.10	-0.25	-0.24	-0.37	-0.58	-0.45	-0.42	-0.36
Leverage Ratio	1.80	1.88	1.76	1.76	1.66	1.52	1.51	1.55	1.68	1.82	2.00
Compound Leverage Factor	19.12	5.10	1.72	-16.72	1.67	1.51	1.93	2.23	1.72	2.30	1.82
Debt to Total Capital	21.34%	20.03%	0.00%	24.58%	32.37%	0.00%	20.15%	23.79%	22.32%	28.47%	33.22%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	21.34%	20.03%	0.00%	24.58%	32.37%	0.00%	20.15%	23.79%	22.32%	28.47%	33.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.66%	79.97%	100.00%	75.42%	67.63%	100.00%	79.85%	76.21%	77.68%	71.53%	66.78%
Debt to EBITDA	4.29	2.79	0.00	2.91	-0.79	0.00	3.18	1.70	-0.63	3.25	6.30
Net Debt to EBITDA	-4.43	-1.13	0.00	-1.35	0.09	0.00	-1.46	-3.33	1.12	-3.30	-5.54
Long-Term Debt to EBITDA	4.29	2.79	0.00	2.91	-0.79	0.00	3.18	1.70	-0.63	3.25	6.30
Debt to NOPAT	-244.13	93.90	0.00	-401.38	-0.93	0.00	9.18	2.77	-0.71	-8.18	-5.76
Net Debt to NOPAT	251.75	-38.07	0.00	186.04	0.11	0.00	-4.22	-5.43	1.28	8.31	5.07
Long-Term Debt to NOPAT	-244.13	93.90	0.00	-401.38	-0.93	0.00	9.18	2.77	-0.71	-8.18	-5.76
Altman Z-Score	1.13	0.11	-0.13	2.21	1.20	1.34	2.59	4.19	1.18	1.94	2.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	1.42	1.02	2.63	2.35	1.07	2.42	6.19	2.76	2.90	3.04
Quick Ratio	1.63	1.28	0.77	2.20	2.21	1.02	2.29	6.04	2.58	2.66	2.54
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	42	-162	779	98	-607	638	-1,324	349	83	-136	367
Operating Cash Flow to CapEx	532.26%	-49.30%	0.00%	-350.00%	1,025.00%	216.67%	625.00%	5,866.67%	0.00%	917.86%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.40	0.49	0.25	0.27	0.27	0.26	0.23	0.26	0.30	0.36	0.47
Accounts Receivable Turnover	2.42	4.31	3.57	3.88	4.10	4.32	3.81	4.15	4.25	4.37	3.87
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.19	9.20	9.46
Fixed Asset Turnover	30.92	32.86	15.95	16.13	15.14	13.42	12.13	12.03	5.20	4.46	3.94
Accounts Payable Turnover	5.85	13.16	6.94	11.95	9.80	7.01	4.38	3.01	3.48	4.83	4.88
Days Sales Outstanding (DSO)	150.87	84.65	102.29	94.05	89.10	84.41	95.69	87.92	85.88	83.56	94.34
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	44.57	39.67	38.59
Days Payable Outstanding (DPO)	62.44	27.74	52.57	30.54	37.23	52.05	83.28	121.20	104.96	75.61	74.75
Cash Conversion Cycle (CCC)	88.43	56.91	49.73	63.51	51.87	32.36	12.41	-33.28	25.49	47.63	58.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	519	561	397	1,321	1,420	1,588	2,330	934	1,001	1,911	1,931
Invested Capital Turnover	0.99	1.59	0.61	0.52	0.59	0.53	0.55	0.96	0.90	1.12	1.47
Increase / (Decrease) in Invested Capital	-42	164	-924	-99	-168	-742	1,396	-67	-910	-20	-663
Enterprise Value (EV)	2,585	1,549	1,792	3,706	5,570	1,889	4,364	4,908	2,571	2,833	4,192
Market Capitalization	2,786	1,627	2,252	3,941	5,654	2,830	4,670	6,440	3,627	4,130	5,692
Book Value per Share	$1.22	$1.32	$1.48	$2.71	$2.67	$4.62	$4.91	$4.72	$3.95	$6.07	$6.52
Tangible Book Value per Share	$0.34	$0.42	$0.10	$0.33	($0.21)	$0.32	$0.20	$2.75	$1.72	$2.60	$3.74
Total Capital	915	969	857	2,063	2,224	2,529	3,301	3,287	2,648	4,485	5,138
Total Debt	195	194	0.00	507	720	0.00	665	782	591	1,277	1,707
Total Long-Term Debt	195	194	0.00	507	720	0.00	665	782	591	1,277	1,707
Net Debt	-201	-79	-460	-235	-84	-941	-306	-1,532	-1,056	-1,297	-1,500
Capital Expenditures (CapEx)	3.10	7.10	-9.80	8.00	8.00	12	16	12	-78	28	-261
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-91	-87	-412	-66	-162	-834	-193	-125	-282	-405	-96
Debt-free Net Working Capital (DFNWC)	247	151	14	646	577	75	723	2,134	1,096	1,972	2,795
Net Working Capital (NWC)	247	151	14	646	577	75	723	2,134	1,096	1,972	2,795
Net Nonoperating Expense (NNE)	78	132	590	-13	329	48	-21	-123	379	52	7.90
Net Nonoperating Obligations (NNO)	-201	-214	-460	-235	-84	-941	-306	-1,571	-1,056	-1,297	-1,500
Total Depreciation and Amortization (D&A)	45	59	105	176	198	212	149	177	239	616	694
Debt-free, Cash-free Net Working Capital to Revenue	-16.94%	-11.40%	-78.28%	-9.19%	-18.14%	-80.19%	-21.35%	-13.41%	-21.54%	-18.75%	-2.88%
Debt-free Net Working Capital to Revenue	46.21%	19.84%	2.66%	89.97%	64.61%	7.21%	79.98%	228.97%	83.73%	91.30%	83.81%
Net Working Capital to Revenue	46.21%	19.84%	2.66%	89.97%	64.61%	7.21%	79.98%	228.97%	83.73%	91.30%	83.81%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.13)	($0.22)	($1.27)	$0.02	($1.97)	($0.27)	$0.17	$0.76	($2.30)	$0.00	($0.58)
Adjusted Weighted Average Basic Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M
Adjusted Diluted Earnings per Share	($0.13)	($0.22)	($1.35)	($0.31)	($1.97)	($0.32)	$0.00	$0.74	($2.30)	$0.00	($0.58)
Adjusted Weighted Average Diluted Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.58)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	596.23M	589.23M	582.18M	576.47M	565.54M	554.23M	547.36M	536.73M	530.50M	521.17M	528.80M
Normalized Net Operating Profit after Tax (NOPAT)	9.24	30	47	-1.26	-329	-82	42	293	-316	-20	-178
Normalized NOPAT Margin	1.73%	3.89%	9.02%	-0.18%	-36.84%	-7.88%	4.65%	31.47%	-24.17%	-0.91%	-5.33%
Pre Tax Income Margin	1.59%	3.93%	-38.34%	2.65%	-124.64%	-14.23%	8.52%	43.56%	-92.28%	-13.06%	-11.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.44%	0.00%	-44.71%	20.07%

This table displays calculated financial ratios and metrics derived from BlackBerry's official financial filings.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	2/28/2025	11/30/2024	8/31/2024	5/31/2024	2/29/2024	11/30/2023	8/31/2023	5/31/2023	2/28/2023	11/30/2022	8/31/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.78%	-5.92%	9.85%	-61.39%	379.34%	-10.06%	-21.43%	122.02%	-88.49%	-8.15%	-4.00%
EBITDA Growth	-25.20%	0.00%	74.19%	-620.00%	63.24%	23.08%	-63.16%	103.38%	-78.39%	-72.92%	79.57%
EBIT Growth	-18.04%	5.56%	55.32%	-254.55%	165.63%	1,000.00%	0.00%	93.79%	-86.85%	-103.92%	66.67%
NOPAT Growth	-13.38%	91.67%	55.32%	-254.55%	163.01%	547.21%	0.00%	93.79%	-87.65%	-102.82%	66.67%
Net Income Growth	87.54%	47.62%	54.76%	-281.82%	88.66%	-425.00%	22.22%	93.92%	-444.03%	-105.41%	62.50%
EPS Growth	87.50%	60.00%	57.14%	-250.00%	90.12%	44.44%	30.00%	94.29%	-910.00%	-80.00%	60.00%
Operating Cash Flow Growth	367.74%	109.68%	76.79%	-115.15%	-68.48%	83.42%	-133.33%	335.71%	-202.22%	-884.21%	-260.00%
Free Cash Flow Firm Growth	171.20%	-86.47%	-148.32%	-148.22%	-112.39%	-34.13%	291.33%	420.50%	286.04%	43.64%	142.68%
Invested Capital Growth	-7.54%	-4.66%	100.89%	117.53%	41.26%	-32.75%	-69.47%	-72.57%	-69.95%	-33.77%	-16.64%
Revenue Q/Q Growth	-28.04%	-1.38%	0.69%	-16.76%	-32.83%	15.15%	-64.61%	147.02%	-87.40%	0.60%	0.00%
EBITDA Q/Q Growth	48.44%	500.00%	69.23%	39.53%	98.44%	203.23%	-720.00%	101.04%	49.62%	236.84%	87.16%
EBIT Q/Q Growth	120.00%	190.48%	46.15%	30.36%	183.33%	138.30%	-327.27%	97.80%	1,060.00%	95.74%	73.45%
NOPAT Q/Q Growth	239.94%	181.63%	46.15%	30.36%	652.15%	119.03%	-327.27%	97.80%	1,378.91%	95.74%	73.45%
Net Income Q/Q Growth	36.36%	42.11%	54.76%	25.00%	-167.62%	50.00%	-281.82%	97.78%	-12,285.00%	92.59%	70.17%
EPS Q/Q Growth	50.00%	33.33%	57.14%	12.50%	-60.00%	28.57%	-250.00%	97.53%	-800.00%	10.00%	71.43%
Operating Cash Flow Q/Q Growth	1,283.33%	123.08%	13.33%	0.00%	50.00%	44.64%	-156.57%	1,090.00%	95.08%	-679.17%	42.86%
Free Cash Flow Firm Q/Q Growth	113.06%	110.96%	8.63%	-14.77%	-140.49%	-60.84%	-8.82%	40.47%	115.24%	132.64%	21.28%
Invested Capital Q/Q Growth	-6.07%	-18.70%	1.34%	-3.87%	-3.14%	71.30%	9.74%	-22.42%	-53.89%	-22.22%	-1.42%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	90.28%	78.32%	64.83%	66.67%	105.48%	78.29%	64.39%	47.99%	223.47%	64.50%	63.10%
EBITDA Margin	46.16%	22.38%	-5.52%	-18.06%	62.19%	21.05%	-23.48%	1.34%	182.63%	15.38%	-11.31%
Operating Margin	40.62%	13.29%	-14.48%	-27.08%	49.95%	11.84%	-35.61%	-2.95%	90.14%	-1.18%	-27.98%
EBIT Margin	40.62%	13.29%	-14.48%	-27.08%	49.95%	11.84%	-35.61%	-2.95%	90.14%	-1.18%	-27.98%
Profit (Net Income) Margin	-6.80%	-7.69%	-13.10%	-29.17%	-55.04%	-13.82%	-31.82%	-2.95%	-2,325.82%	-2.37%	-32.14%
Tax Burden Percent	-16.87%	-57.89%	105.56%	123.53%	-102.55%	-91.30%	105.00%	137.50%	-1,965.87%	0.00%	110.20%
Interest Burden Percent	99.28%	100.00%	85.71%	87.18%	107.45%	127.78%	85.11%	72.73%	131.25%	0.00%	104.26%
Effective Tax Rate	2.41%	36.84%	0.00%	0.00%	7.66%	65.22%	0.00%	0.00%	6.75%	0.00%	0.00%
Return on Invested Capital (ROIC)	39.29%	9.32%	-12.70%	-24.19%	73.11%	4.62%	-28.46%	-2.48%	51.50%	-0.53%	-11.34%
ROIC Less NNEP Spread (ROIC-NNEP)	62.29%	20.30%	-11.12%	-19.47%	103.75%	12.15%	-25.91%	-1.67%	199.22%	0.37%	8.47%
Return on Net Nonoperating Assets (RNNOA)	-17.32%	-5.49%	3.87%	7.58%	-42.86%	-4.07%	8.57%	0.61%	-57.38%	-0.08%	-0.68%
Return on Equity (ROE)	21.97%	3.83%	-8.82%	-16.61%	30.25%	0.56%	-19.89%	-1.88%	-5.88%	-0.61%	-12.02%
Cash Return on Invested Capital (CROIC)	7.69%	-10.82%	-84.54%	-95.93%	-33.77%	-13.24%	52.28%	59.22%	90.71%	35.45%	16.60%
Operating Return on Assets (OROA)	16.15%	6.16%	-6.34%	-11.28%	24.67%	5.32%	-14.71%	-1.23%	22.35%	-0.34%	-7.87%
Return on Assets (ROA)	-2.70%	-3.57%	-5.73%	-12.15%	-27.19%	-6.21%	-13.14%	-1.23%	-576.58%	-0.68%	-9.04%
Return on Common Equity (ROCE)	21.97%	3.83%	-8.82%	-16.61%	30.25%	0.56%	-19.89%	-1.88%	-5.88%	-0.61%	-12.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-17.66%	-18.85%	-21.70%	0.00%	-68.97%	-66.59%	-65.66%	0.00%	-7.09%	-1.28%
Net Operating Profit after Tax (NOPAT)	41	12	-15	-27	47	6.26	-33	-7.70	18	-1.40	-33
NOPAT Margin	39.64%	8.39%	-10.14%	-18.96%	46.12%	4.12%	-24.92%	-2.06%	84.06%	-0.83%	-19.58%
Net Nonoperating Expense Percent (NNEP)	-22.99%	-10.98%	-1.58%	-4.72%	-30.64%	-7.53%	-2.55%	-0.81%	-147.71%	-0.90%	-19.81%
Return On Investment Capital (ROIC_SIMPLE)	4.46%	1.30%	-	-	4.86%	0.76%	-	-	2.09%	-	-
Cost of Revenue to Revenue	9.72%	21.68%	35.17%	33.33%	-5.48%	21.71%	35.61%	52.01%	-123.47%	35.50%	36.90%
SG&A Expenses to Revenue	47.33%	26.57%	22.76%	27.78%	57.00%	29.61%	22.73%	14.48%	-399.06%	52.66%	51.19%
R&D to Revenue	2.72%	18.88%	25.52%	29.17%	-5.78%	19.08%	37.88%	14.48%	-116.43%	30.77%	32.14%
Operating Expenses to Revenue	49.66%	65.04%	79.31%	93.75%	55.53%	66.45%	100.00%	50.94%	133.33%	65.68%	91.07%
Earnings before Interest and Taxes (EBIT)	42	19	-21	-39	51	18	-47	-11	19	-2.00	-47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	48	32	-8.00	-26	64	32	-31	5.00	39	26	-19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.87	2.09	1.89	2.22	2.10	2.60	3.91	3.63	2.63	2.10	2.58
Price to Tangible Book Value (P/TBV)	13.92	7.55	42.03	45.67	6.69	32.96	63.58	43.87	38.17	56.24	171.42
Price to Revenue (P/Rev)	5.21	2.42	2.18	2.63	2.14	2.65	3.93	3.62	4.28	4.08	4.86
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.99	2.64	1.96	2.35	2.76	3.28	8.14	8.32	4.51	2.71	2.90
Enterprise Value to Revenue (EV/Rev)	4.83	2.32	2.09	2.52	2.04	2.35	3.34	2.98	3.40	3.38	4.55
Enterprise Value to EBITDA (EV/EBITDA)	56.81	0.00	0.00	0.00	22.28	0.00	0.00	0.00	0.00	59.85	29.41
Enterprise Value to EBIT (EV/EBIT)	3,231.20	0.00	0.00	0.00	140.78	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	749.15	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	156.66	0.00	0.00	0.00	0.00	948.10	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	62.29	0.00	0.00	0.00	0.00	0.00	7.29	6.05	2.30	6.09	15.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.27	0.27	0.27	0.26	0.25	0.00	0.00	0.00	0.00	0.00	0.34
Long-Term Debt to Equity	0.27	0.27	0.27	0.26	0.25	0.00	0.00	0.00	0.00	0.00	0.34
Financial Leverage	-0.28	-0.27	-0.35	-0.39	-0.41	-0.33	-0.33	-0.36	-0.29	-0.21	-0.08
Leverage Ratio	1.80	1.75	1.87	1.87	1.88	1.66	1.85	1.84	1.76	1.75	1.89
Compound Leverage Factor	1.79	1.75	1.60	1.63	2.02	2.12	1.57	1.34	2.31	0.00	1.97
Debt to Total Capital	21.34%	21.20%	21.04%	20.73%	20.03%	0.00%	0.00%	0.00%	0.00%	0.00%	25.24%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	21.34%	21.20%	21.04%	20.73%	20.03%	0.00%	0.00%	0.00%	0.00%	0.00%	25.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.66%	78.80%	78.96%	79.27%	79.97%	100.00%	100.00%	100.00%	100.00%	100.00%	74.76%
Debt to EBITDA	4.29	-2.64	-2.64	-2.00	2.79	0.00	0.00	0.00	0.00	0.00	4.12
Net Debt to EBITDA	-4.43	0.81	0.72	0.74	-1.13	0.00	0.00	0.00	0.00	0.00	-2.05
Long-Term Debt to EBITDA	4.29	-2.64	-2.64	-2.00	2.79	0.00	0.00	0.00	0.00	0.00	4.12
Debt to NOPAT	-244.13	-2.21	-2.19	-1.81	93.90	0.00	0.00	0.00	0.00	0.00	-23.76
Net Debt to NOPAT	251.75	0.68	0.60	0.67	-38.07	0.00	0.00	0.00	0.00	0.00	11.80
Long-Term Debt to NOPAT	-244.13	-2.21	-2.19	-1.81	93.90	0.00	0.00	0.00	0.00	0.00	-23.76
Altman Z-Score	1.23	-0.18	-0.36	-0.13	0.20	0.70	1.04	1.05	0.31	1.31	1.50
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	1.37	1.44	1.43	1.42	0.89	0.90	0.95	1.02	1.00	1.82
Quick Ratio	1.63	1.17	1.25	1.24	1.28	0.79	0.83	0.87	0.77	0.77	1.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	83	39	-356	-389	-117	288	736	807	942	438	188
Operating Cash Flow to CapEx	41,500.00%	0.00%	-650.00%	-1,500.00%	-738.10%	-1,550.00%	-5,600.00%	4,950.00%	-418.18%	-18,700.00%	-800.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.40	0.46	0.44	0.42	0.49	0.45	0.41	0.42	0.25	0.29	0.28
Accounts Receivable Turnover	2.42	3.51	4.16	4.24	4.31	4.88	6.60	6.94	3.57	4.68	5.44
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	30.92	34.89	32.67	29.02	32.86	33.67	33.67	27.77	15.95	20.29	19.86
Accounts Payable Turnover	5.85	14.54	15.28	13.85	13.16	17.11	18.53	20.97	6.94	10.51	12.10
Days Sales Outstanding (DSO)	150.87	104.04	87.67	85.99	84.65	74.76	55.30	52.57	102.29	78.03	67.05
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	62.44	25.11	23.89	26.35	27.74	21.34	19.70	17.40	52.57	34.73	30.18
Cash Conversion Cycle (CCC)	88.43	78.93	63.78	59.64	56.91	53.42	35.60	35.16	49.73	43.30	36.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	519	552	679	670	561	579	338	308	397	861	1,107
Invested Capital Turnover	0.99	1.11	1.25	1.28	1.59	1.12	1.14	1.20	0.61	0.64	0.58
Increase / (Decrease) in Invested Capital	-42	-27	341	362	164	-282	-769	-815	-924	-439	-221
Enterprise Value (EV)	2,585	1,458	1,334	1,572	1,549	1,896	2,752	2,564	1,792	2,334	3,205
Market Capitalization	2,786	1,518	1,387	1,644	1,627	2,142	3,243	3,115	2,252	2,812	3,428
Book Value per Share	$1.22	$1.23	$1.24	$1.26	$1.32	$1.41	$1.42	$1.48	$1.48	$2.32	$2.30
Tangible Book Value per Share	$0.34	$0.34	$0.06	$0.06	$0.42	$0.11	$0.09	$0.12	$0.10	$0.09	$0.03
Total Capital	915	920	927	936	969	825	829	859	857	1,339	1,779
Total Debt	195	195	195	194	194	0.00	0.00	0.00	0.00	0.00	449
Total Long-Term Debt	195	195	195	194	194	0.00	0.00	0.00	0.00	0.00	449
Net Debt	-201	-60	-53	-72	-79	-246	-491	-551	-460	-478	-223
Capital Expenditures (CapEx)	0.10	0.00	2.00	1.00	2.10	2.00	1.00	2.00	2.20	1.00	3.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-91	-97	-78	-92	-87	-268	-524	-556	-412	-447	-219
Debt-free Net Working Capital (DFNWC)	247	123	133	137	151	-58	-68	-40	14	2.00	424
Net Working Capital (NWC)	247	123	133	137	151	-58	-68	-40	14	2.00	424
Net Nonoperating Expense (NNE)	48	23	4.30	15	103	27	9.10	3.30	513	2.60	21
Net Nonoperating Obligations (NNO)	-201	-173	-53	-72	-214	-246	-491	-551	-460	-478	-223
Total Depreciation and Amortization (D&A)	5.70	13	13	13	13	14	16	16	20	28	28
Debt-free, Cash-free Net Working Capital to Revenue	-16.94%	-15.45%	-12.24%	-14.74%	-11.40%	-33.17%	-63.52%	-64.58%	-78.28%	-64.78%	-31.06%
Debt-free Net Working Capital to Revenue	46.21%	19.59%	20.88%	21.96%	19.84%	-7.18%	-8.24%	-4.65%	2.66%	0.29%	60.14%
Net Working Capital to Revenue	46.21%	19.59%	20.88%	21.96%	19.84%	-7.18%	-8.24%	-4.65%	2.66%	0.29%	60.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.01)	($0.02)	($0.03)	($0.07)	($0.09)	($0.04)	($0.07)	($0.02)	($0.86)	($0.01)	($0.09)
Adjusted Weighted Average Basic Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M
Adjusted Diluted Earnings per Share	($0.01)	($0.02)	($0.03)	($0.07)	($0.08)	($0.05)	($0.07)	($0.02)	($0.81)	($0.09)	($0.10)
Adjusted Weighted Average Diluted Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	596.23M	591.58M	590.73M	590.17M	589.23M	585.35M	583.71M	583.24M	582.18M	580.35M	577.42M
Normalized Net Operating Profit after Tax (NOPAT)	49	13	-15	-25	67	19	-32	-7.70	122	-1.40	-34
Normalized NOPAT Margin	47.61%	8.83%	-10.14%	-17.50%	65.30%	12.43%	-24.39%	-2.06%	572.66%	-0.83%	-20.42%
Pre Tax Income Margin	40.33%	13.29%	-12.41%	-23.61%	53.67%	15.13%	-30.30%	-2.14%	118.31%	0.00%	-29.17%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About BlackBerry's Financials

When does BlackBerry's financial year end?

According to the most recent income statement we have on file, BlackBerry's fiscal year ends in February. Their fiscal year 2025 ended on February 28, 2025.

How has BlackBerry's net income changed over the last 10 years?

BlackBerry's net income appears to be on a downward trend, with a most recent value of -$79 million in 2025, falling from -$304 million in 2015. The previous period was -$130.20 million in 2024. See where experts think BlackBerry is headed by visiting BlackBerry's forecast page.

What is BlackBerry's operating income?

BlackBerry's total operating income in 2025 was $800 thousand, based on the following breakdown:

Total Gross Profit: $394.90 million
Total Operating Expenses: $394.10 million

How has BlackBerry revenue changed over the last 10 years?

Over the last 10 years, BlackBerry's total revenue changed from $3.34 billion in 2015 to $534.90 million in 2025, a change of -84.0%.

How much debt does BlackBerry have?

BlackBerry's total liabilities were at $575.70 million at the end of 2025, a 7.1% decrease from 2024, and a 81.6% decrease since 2015.

How much cash does BlackBerry have?

In the past 10 years, BlackBerry's cash and equivalents has ranged from $175.10 million in 2024 to $1.23 billion in 2015, and is currently $266.70 million as of their latest financial filing in 2025.

How has BlackBerry's book value per share changed over the last 10 years?

Over the last 10 years, BlackBerry's book value per share changed from 6.52 in 2015 to 1.22 in 2025, a change of -81.3%.

Related Companies

This page (NYSE:BB) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

BlackBerry (BB) Financials

Frequently Asked Questions About BlackBerry's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

BlackBerry (BB) Financials

Annual Income Statements for BlackBerry

Quarterly Income Statements for BlackBerry

Annual Cash Flow Statements for BlackBerry

Quarterly Cash Flow Statements for BlackBerry

Annual Balance Sheets for BlackBerry

Quarterly Balance Sheets for BlackBerry

Annual Metrics And Ratios for BlackBerry

Quarterly Metrics And Ratios for BlackBerry

Frequently Asked Questions About BlackBerry's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools