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Where the tokens are
Trade BB perpsStandardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY272026-08-31 | Q1 FY272026-05-31 | Q4 FY262026-02-28 | Q3 FY262025-11-30 | Q2 FY262025-08-31 | Q1 FY262025-05-31 | Q4 FY252025-02-28 | Q3 FY252024-11-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $163.30M | $152.90M | $156.00M | $141.80M | $129.60M | $121.70M | $141.70M | $143.60M |
| Cost of revenue | $36.20M | $33.20M | $34.60M | $31.90M | $33.00M | $31.40M | $37.60M | $31.40M |
| Gross profit | $127.10M | $119.70M | $121.40M | $109.90M | $96.60M | $90.30M | $104.10M | $112.20M |
| Gross margin | 77.8% | 78.3% | 77.8% | 77.5% | 74.5% | 74.2% | 73.5% | 78.1% |
| Research and development | $33.20M | $33.00M | $33.40M | $29.60M | $25.60M | $25.00M | $23.20M | $27.90M |
| Selling, general and administrative | $57.10M | $68.80M | $62.30M | $65.40M | $55.90M | $59.20M | $77.20M | $59.80M |
| Operating expenses | $93.50M | $104.40M | $98.50M | $98.00M | $85.10M | $88.30M | $112.10M | $92.70M |
| Operating income | $33.60M | $15.30M | $22.90M | $11.90M | $11.50M | $2.00M | −$8.00M | $19.50M |
| Operating margin | 20.6% | 10.0% | 14.7% | 8.4% | 8.9% | 1.6% | -5.6% | 13.6% |
| EBITDA | $38.40M | $19.50M | $17.80M | $18.90M | $16.60M | $7.80M | −$11.10M | $37.30M |
| Interest income | $3.10M | $2.60M | $3.00M | $2.90M | $3.40M | $4.40M | $1.60M | −$600.00K |
| Interest expense | −$1.50M | −$1.50M | $0 | — | −$1.50M | −$1.50M | $0 | — |
| Income before taxes | $35.20M | $16.40M | $25.90M | $14.80M | $13.40M | $4.90M | −$6.40M | $18.90M |
| Income taxes | $1.30M | $7.90M | $1.60M | $1.10M | $100.00K | $3.00M | $1.40M | $6.60M |
| Net income | $33.90M | $8.50M | $24.30M | $13.70M | $13.30M | $1.90M | −$7.40M | −$10.50M |
| Net margin | 20.8% | 5.6% | 15.6% | 9.7% | 10.3% | 1.6% | -5.2% | -7.3% |
| EPS, basic | $0.06 | $0.01 | $0.04 | $0.02 | $0.02 | $0.00 | −$0.01 | −$0.02 |
| EPS, diluted | $0.05 | $0.01 | $0.04 | $0.02 | $0.02 | $0.00 | −$0.01 | −$0.02 |
| Diluted shares | 649.66M | 593.19M | 595.84M | 596.30M | 597.37M | 600.83M | 590.92M | 593.53M |
Figures describe BlackBerry shares, not any token. As of Sep 24, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.