Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.31B | $932M | $904M | $1.04B | $893M | $718M | $526M | $759M | $535M | $549M |
| Revenue growth | — | -28.8% | -3.0% | 15.0% | -14.1% | -19.6% | -26.7% | 44.2% | -29.5% | 2.7% |
| Gross profit | $617M | $670M | $698M | $763M | $643M | $467M | $367M | $491M | $395M | $418M |
| Gross margin | 47.1% | 71.9% | 77.2% | 73.4% | 72.0% | 65.0% | 69.7% | 64.6% | 73.8% | 76.2% |
| Operating income | -$1.18B | $283M | $60.0M | -$149M | -$1.11B | -$2.00M | -$207M | $11.0M | $800K | $48.3M |
| Operating margin | -90.2% | 30.4% | 6.6% | -14.3% | -124.0% | -0.3% | -39.3% | 1.4% | 0.1% | 8.8% |
| Net income | -$1.21B | $405M | $93.0M | -$152M | -$1.10B | $12.0M | -$734M | -$130M | -$79.0M | $53.2M |
| Net margin | -92.1% | 43.5% | 10.3% | -14.6% | -123.6% | 1.7% | -139.5% | -17.2% | -14.8% | 9.7% |
| EPS (diluted) | -$2.30 | $0.74 | $0.00 | -$0.32 | -$1.97 | -$0.31 | -$1.35 | -$0.22 | -$0.13 | $0.09 |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$224M | $704M | $100M | $26.0M | $82.0M | -$28.0M | -$262M | -$3.50M | $16.5M | $50.3M |
| Capital expenditures | $17.0M | $15.0M | $17.0M | $12.0M | $8.00M | $8.00M | $7.30M | $7.10M | $3.10M | $3.80M |
| Free cash flow | -$241M | $689M | $83.0M | $14.0M | $74.0M | -$36.0M | -$270M | -$10.6M | $13.4M | $46.5M |
| Share buybacks | $0.00 | $18.0M | $0.00 | $0.00 | — | — | — | $0.00 | $0.00 | $60.7M |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $734M | $816M | $548M | $377M | $214M | $378M | $296M | $175M | $267M | $275M |
| Total assets | $3.30B | $3.78B | $3.97B | $3.89B | $2.82B | $2.57B | $1.68B | $1.40B | $1.30B | $1.25B |
| Total liabilities | $1.24B | $1.27B | $1.33B | $1.36B | $1.31B | $1.01B | $822M | $620M | $576M | $499M |
| Long-term debt | — | — | — | — | — | — | $0.00 | $194M | $195M | $197M |
| Shareholders' equity | $2.06B | $2.50B | $2.64B | $2.53B | $1.50B | $1.56B | $857M | $775M | $720M | $746M |
| Retained earnings | -$438M | -$45.0M | -$32.0M | -$198M | -$1.31B | -$1.29B | -$2.03B | -$2.16B | -$2.24B | -$2.17B |
| Shares (wtd avg diluted) | 525M | 546M | 616M | 614M | 561M | 631M | 639M | 592M | 591M | 598M |
Every figure is extracted from BLACKBERRY Ltd’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.