B

Blackberry

Enterprise software and cybersecurity solutions provider

Overview

BlackBerry focuses on enterprise software and cybersecurity after transitioning from hardware. It provides secure software solutions for business communication, collaboration, and mobile device management, along with security analytics and threat detection. The product suite typically includes enterprise mobility management, secure messaging and data protection, and endpoint security services for organizations. BlackBerry’s approach centers on protecting corporate data and identities, with services that manage devices, apps, and networks while monitoring for cyber threats. The company differentiates itself by emphasizing security, governance, and risk management for enterprise customers, integrating threat intelligence and analytics. The goal is to help businesses stay secure, compliant, and productive in a mobile-first world.

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About Blackberry

Simplify's Rating
Why Blackberry is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCybersecurity

Company Size

1-10

Company Stage

IPO

Headquarters

Waterloo, Canada

Founded

1984

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Simplify's take

What believers are saying

  • QNX revenue rose 27% to $80.3 million in Q2 fiscal 2027.
  • BlackBerry raised fiscal 2027 revenue guidance to $616 million-$636 million on September 24, 2026.
  • Operating cash flow reached $29.3 million, and cash totaled $447.1 million.

What critics are saying

  • Secure Communications revenue grew 2%, and management cut its full-year outlook to $260 million-$270 million.
  • Q2 licensing revenue jumped to $22.1 million, but management expects only about $6 million next quarter.
  • If QNX growth decelerates, Secure Communications cannot justify BlackBerry's legacy cost structure.

What makes Blackberry unique

  • QNX powers over 275 million vehicles and anchors safety-certified automotive software.
  • Alloy Kore won Coretura's September 2026 commercial-vehicle platform, BlackBerry's largest QNX contract.
  • SecuSUITE keeps BlackBerry relevant in government communications, backed by renewed NIAP certification.

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Funding

Total Funding

$335M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison Coming Soon

Benefits

  • Smart placeholder

Stock Price

Company News

Fortune
Oct 29th, 2026
BlackBerry CEO says its famous name wins meetings, even as revenue tops $600M

BlackBerry chief executive officer John Giamatteo says the company's famous name wins it meetings, even though it no longer makes handsets. "I get more meetings because of the brand," he told Fortune. "If I'm just 'John from QNX,' it's like, 'QNX what?'" BlackBerry now earns more than $600 million a year, up from close to $20 billion at its peak. Its income comes from BlackBerry Secure Communications and QNX software, which powers more than 275 million smart vehicles and is expanding into robotaxis, medical devices, and robots. The cost, Giamatteo said, is spending the first 10 minutes of each conversation explaining what the company does now. He sees the brand as a story of resilience and reinvention, not a cautionary tale. "BlackBerry will endure," he said.

Newswire
Oct 27th, 2026
BlackBerry appoints David Chaikof to its Board of Directors.

BlackBerry appoints David Chaikof to its Board of Directors. WATERLOO, ON, October 27, 2026 (Newswire.com) - BlackBerry Limited (NYSE:BB)(TSX:BB) announced today that it has appointed legal veteran and investment executive David Chaikof to its Board of Directors. Mr. Chaikof is a former partner of Torys LLP and currently serves as a Senior Strategic Advisor at Osmington Inc., a Canadian private investment company. During his career at Torys, his practice focused on M&A, corporate governance, private equity and capital markets matters in Canada and the United States. He also served as managing partner of the firm's New York office. While at Torys, Mr. Chaikof served as external counsel to BlackBerry for more than a decade, providing him with a longstanding understanding of the Company and its business. He also served as a director and Chair of Leitch Technology Corporation through its acquisition by Harris Corporation. "We're very pleased to welcome David to the BlackBerry Board," said Dick Lynch, Board Chair. "David's distinguished career as a trusted advisor to companies and boards, together with his extensive cross-border transaction experience and deep relationships in the business community, will be a great benefit to BlackBerry." "I'm honored to join the BlackBerry Board of Directors," said Mr. Chaikof. "I have long admired BlackBerry's reputation for security, trust and innovation, as well as its leadership position in mission-critical embedded software and secure communications. I look forward to working with my fellow directors and the leadership team to advance the Company's growth strategy and help drive sustainable, long-term value for shareholders." Mr. Chaikof's appointment builds on the significant refresh of the BlackBerry Board over the past several years, adding further experience and perspective aligned with the Company's strategic priorities. With his appointment, the Board has increased in size from eight to nine directors, eight of whom, including Mr. Chaikof, are independent. About BlackBerry BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company's high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management. Safe. Certified. Secure. Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services. Media Contacts:

Independent Online
Oct 12th, 2026
Why Mxit failed: The rise and fall of South Africa's pioneer messaging app.

Why Mxit failed: The rise and fall of South Africa's pioneer messaging app. FILE. Back in the early 2000s South Africa's pioneering messaging app Mxit grew to tens of millions of users, but it struggled to adapt to the smartphone era, and there was some key reasons behind its eventual collapse. Picture: STEPHANE DE SAKUTIN / AFP Image: STEPHANE DE SAKUTIN / AFP It's easy to point out in hindsight, but the reasons why WhatsApp remains the undisputed leader in global messaging while South Africa's Mxit rests in the tech scrapheap of yesteryear are clear to see. Long before WhatsApp arrived on the scene in 2009, Mxit was already operating as a global messaging platform, even if its base was predominantly concentrated in South Africa. Founded in 2003, the platform eventually reached a staggering 50 million users, with some estimates placing that figure closer to 100 million. By 2012, reports from MyBroadband indicated that Mxit was attracting an impressive 35,000 to 50,000 new users every single day. However, Mxit's downfall was intrinsically linked to the very foundation of its early success. The app was built for the pre-smartphone era, enabling users to send messages over feature phones with internet capabilities at a fraction of the cost of traditional SMS text messaging. Mxit's decline: failure to adapt in the face of competition and technological change. At the height of its popularity, Mxit's primary competition came from BlackBerry Messenger (BBM) and an emerging WhatsApp. While BBM would eventually suffer a similar fate, the battle for user dominance back then was fierce. When modern touch-screen smartphones began flooding the market, Mxit failed to pivot. Rather than redesigning its interface with smartphones in mind, the platform remained stubbornly focused on catering to traditional, aging feature phones. In an effort to retain interest, Mxit attempted to branch out by introducing extra features such as mobile games and public chat rooms. Unfortunately, this only rendered the interface cluttered, bloated, and clunky. As a result, millions of users were essentially pushed into the arms of cleaner, streamlined messaging apps that were eager to evolve alongside changing mobile technology. By 2015, Mxit's remarkable run officially came to an end as it was forced to shutter its commercial operations. It leaves behind an intriguing question: if Mxit had been willing to adapt and modernise with the times, could it have evolved into a global tech giant on par with WhatsApp today? You May Like Related Topics:

Forbes
Oct 5th, 2026
Research In Motion Buys NewBay For Reported $100M

Research In Motion has agreed to acquire NewBay Software for about $100 million, AllThingsD reports. NewBay, based in Dublin, Ireland, sells LifeCache, a white-label cloud-based content management service. "LifeCache empowers customers to deliver user content services such as social networking, digital vault, photo and video albums, network address book, [...]

Insider Monkey
Sep 29th, 2026
BlackBerry (BB): QNX is compounding, but Secure Communications just lost its momentum.

BlackBerry (BB): QNX is compounding, but Secure Communications just lost its momentum. BlackBerry's Q2 results highlight a widening gap between its two businesses, with improving QNX performance offering growth potential even as an in-line Q3 outlook weighs on investor sentiment. Published September 28, 2026 at 8:44 pm EDT BlackBerry Limited (NYSE:BB) fiscal second quarter shows two businesses moving in opposite directions at the same time, and the stock's roughly 3% slide on an in-line third-quarter guide indicates that the market is still weighing which one matters more heading into the back half of the year. BlackBerry's improving QNX performance also comes as investors place a higher premium on technology companies that can turn specialized platforms into sustained growth. In our recent story, Palo Alto Networks (PANW)'s AI Growth Faces a Higher Valuation Bar, we examined how strong operating momentum can raise expectations for cybersecurity and other technology companies as investors demand more from their growth stories. QNX is the clean growth story. Revenue rose 27% year-over-year to a record $80.3 million, gross margin hit a record 87%, and adjusted EBITDA jumped 41% to $29 million at a 36% margin, extending momentum from the first quarter's 26% QNX growth. The quarter's biggest single data point was Coretura, the Volvo Group and Daimler Truck joint venture, selecting BlackBerry Limited Alloy Kore platform for its next-generation commercial vehicles, the largest QNX contract in the company's history and one expected to add more than $100 million to the royalty backlog. Canaccord Hold, $9.50, down from $10.30, frames QNX as the core investment case now, arguing the record quarter and the Alloy Kore win more than offset weakness elsewhere. Management raised its full-year QNX revenue outlook for the second consecutive quarter, to $315 million to $325 million, and BlackBerry posted its sixth straight quarter of positive GAAP net income, ending the period with $447.1 million in cash. Secure Communications is where the story turns. That segment grew just 2% year-over-year to $60.9 million this quarter, a sharp deceleration from the first quarter's 24% growth to $73.6 million, and its adjusted EBITDA margin collapsed to 13% from 27% a year earlier on a heavier mix of lower-margin device revenue. What stands out is that management cut its full-year Secure Communications guidance to $260 million to $270 million preemptively, citing rising Canada-US trade tension risk given the segment's large U.S. federal footprint, while explicitly acknowledging it has not yet seen material impact or any pipeline slowdown outside North America. That is a defensive guidance cut made ahead of confirmed damage, not in response to it. Canaccord's own price target reduction, despite its enthusiasm for QNX, reflects exactly this tension: the firm's Hold rating persists because Secure Communications' softness is offsetting rather than being fully outweighed by QNX's strength, and it's the in-line third-quarter revenue guide of $143 million to $154 million, not the QNX beat, that actually drove the stock lower. What the smart money sees. Hedge fund ownership climbed to 31 funds from 19 in the second quarter of 2026, with D. E. Shaw increasing its stake 3,510% to 13.32 million shares worth $168.4 million and Citadel Investment Group adding 259% to reach $115.5 million. Renaissance Technologies raised its position 132% to $103.7 million, and Marshall Wace opened a new $57.7 million stake. Shares trade at 47.17 times forward earnings, below Okta's 54.35 but well under Palo Alto Networks' 94.34, and short interest sits at 6.42% of float, up modestly from 36.9 million to 37.63 million shares. Takeaway. BlackBerry Limited is now effectively two businesses trading as one stock: a QNX franchise compounding on real automotive design wins and margin expansion, and a Secure Communications unit whose own management is bracing for a geopolitical risk that has not materialized yet. Whether the stock re-rates further likely depends on whether Secure Communications stabilizes before QNX's growth alone is large enough to carry the whole company on its own.

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