15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $549M | $53M | 76.2% | 8.8% | $47M | $197M | $275M |
| 2025 | $535M | -$79M | 73.8% | 0.1% | $13M | $195M | $267M |
| 2024 | $759M | -$130M | 64.6% | 1.4% | -$11M | $194M | $175M |
| 2023 | $526M | -$734M | 69.7% | -39.3% | -$270M | $0 | $296M |
| 2022 | $718M | $12M | 65.0% | -0.3% | -$36M | — | $378M |
| 2021 | $893M | -$1.1B | 72.0% | -124.0% | $74M | — | $214M |
| 2020 | $1.0B | -$152M | 73.4% | -14.3% | $14M | — | $377M |
| 2019 | $904M | $93M | 77.2% | 6.6% | $83M | — | $548M |
| 2018 | $932M | $405M | 71.9% | 30.4% | $689M | — | $816M |
| 2017 | $1.3B | -$1.2B | 47.1% | -90.2% | -$241M | — | $734M |
| 2016 | $2.2B | -$208M | 43.6% | -10.3% | $225M | — | $957M |
| 2015 | $3.3B | -$304M | 48.1% | -12.7% | $726M | $1.7B | $1.2B |
| 2014 | $6.8B | -$5.9B | -0.6% | -105.1% | -$442M | $1.6B | $1.6B |
| 2013 | $11.1B | -$646M | 31.0% | -11.2% | $1.9B | $0 | $1.5B |
| 2012 | $18.4B | $1.2B | 35.7% | 8.1% | $2.0B | — | $1.5B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| May '26 | $153M | $9M | 78.3% | 10.0% | $2M | $197M | $257M |
| Nov '25 | $142M | $14M | 77.5% | 8.4% | $17M | $196M | $270M |
| Aug '25 | $130M | $13M | 74.5% | 8.9% | $3M | $196M | $276M |
| May '25 | $122M | $2M | 74.2% | 1.6% | -$19M | $196M | $276M |
| Feb '25 | $144M | -$7M | 73.6% | -4.3% | $41M | $195M | $267M |
| Nov '24 | $144M | -$11M | 78.1% | 13.6% | $3M | — | $189M |
| Aug '24 | $126M | -$20M | 70.2% | 1.7% | -$15M | — | $171M |
| May '24 | $144M | -$42M | 66.7% | -27.1% | -$16M | — | $143M |
| Feb '24 | $153M | -$56M | 80.8% | -9.1% | -$18M | $194M | $175M |
| Nov '23 | $152M | -$21M | 78.3% | 11.8% | -$33M | — | $210M |
| Aug '23 | $132M | -$42M | 64.4% | -35.6% | -$57M | — | $415M |
| May '23 | $373M | -$11M | 48.0% | -2.9% | $97M | — | $358M |
| Feb '23 | $151M | -$495M | 66.2% | -330.5% | -$12M | $0 | $296M |
| Nov '22 | $169M | -$4M | 64.5% | -1.2% | -$188M | — | $255M |
| Aug '22 | $168M | -$54M | 63.1% | -28.0% | -$27M | — | $431M |
| May '22 | $168M | -$181M | 61.9% | -105.4% | -$43M | — | $391M |
| Feb '22 | $185M | $144M | 67.0% | 78.9% | $7M | — | $378M |
| Nov '21 | $184M | $74M | 63.6% | 27.7% | -$21M | — | $271M |
| Aug '21 | $175M | -$144M | 64.0% | -80.6% | $13M | — | $291M |
| May '21 | $174M | -$62M | 65.5% | -33.3% | -$35M | — | $339M |
How the market has priced BB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Blackberry Ltd's revenue has declined 9.3% per year. These are computed facts, not advice.
As of FY2026, Blackberry Ltd reported $197M of total debt against $275M of cash.
In FY2026, gross margin was 76.2%, operating margin 8.8%, and net margin 9.7%.
As of Jun '26, Blackberry Ltd traded at a price-to-earnings ratio of about 116.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.