Overview

• BlackBerry has forecasted fiscal 2026 revenue between $504 million and $534 million, below both fiscal 2025 results and analysts' expectations of $567.3 million.
• The Secure Communications unit is expected to see a significant revenue decline to $230-$240 million, down from $272.6 million in fiscal 2025.
• The QNX unit's revenue forecast has been revised downward to $250-$270 million, reflecting slower-than-expected growth in non-automotive markets.
• BlackBerry completed the $160 million sale of its Cylance cybersecurity business to Arctic Wolf, aligning with its strategy to focus on high-growth areas like QNX and IoT.
• Following the revenue guidance announcement, BlackBerry's stock dropped nearly 11%, reflecting investor concerns over its financial outlook.