BB

Blackberry Ltd Information Technology Services-Prepackaged Software Russell 3000
$8.42Close $4.9BMarket cap $3.15 – $12.8152-week range Dec 17, 2026Next report

Highlights

Strengths

  • Leading the market RS 94 · stronger than 94% of stocks over 12 months
  • Earnings growing EPS +134% year on year

Cautions

  • Trend not confirmed 6 of 8 conditions · under the 50-day, over 25% off the high
  • Far from its high 34% below its 52-week high
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Feb 28, 2026 · filed Sep 24, 2026
Off 12-month high 34%
1wk down 5.6% price change
1mo down 6.9% price change
12-month return up 77% market up 11% · its own up 63%
F-score 7 / 9 Strong
Altman Z″ -2.26 Elevated risk
P/E 93.0× price / earnings
PEG — P/E / EPS growth
P/B 6.6× price / book
Earnings yield up 1.0% EBIT / enterprise value
Cheaper than 28% of the market · expensive
Revenue growth up 3% year on year
EPS growth up 134% latest quarter · -219 pts
Sales growth up 26% latest quarter · +0 pts
ROE up 7% return on equity
Free cash margin up 8% $46.5M FCF
D/E 0.26 long-term debt / equity
Net debt / EBITDA -1.2× net cash
Interest cover 8.1×EBIT / interest
Piotroski tests
  • profits not fully backed by cash
  • took on more long-term debt
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • short-term liquidity improved
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 73.8% → 76.2%
  • Revenue reaccelerating (-30% then +3%)

Trade setup

ATR% 6.9% $0.58 a day · 2×ATR $7.25
RS 94 / 99 vs the universe
Trend 6 / 8 under the 50-day, over 25% off the high
Relative volume 0.9× vs 50-day average
Up/down volume 1.41 50 sessions
Implied move — no option chain · report Dec 17, 2026
Trend template · 6 of 8
  • Price above the 50-day average: fails
  • Within 25% of the 52-week high: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
Last reported Sep 24, 2026
Results reaction Sep 24, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $549.1M +3% on FY2025
$0 $1B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $893.0M FY2022 · $718.0M FY2023 · $526.3M FY2024 · $759.1M FY2025 · $534.9M FY2026 · $549.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $53.2M back to a profit
-$2B $0 FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · -$1.1B FY2022 · $12.0M FY2023 · -$734.4M FY2024 · -$130.2M FY2025 · -$79.0M FY2026 · $53.2M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $46.5M +247% on FY2025
-$500M $0 $100M FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $74.0M FY2022 · -$36.0M FY2023 · -$269.5M FY2024 · -$10.6M FY2025 · $13.4M FY2026 · $46.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 76%
  • Net 10%
  • Free cash 8%
-200% 0% 100% FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Gross 72% · Net -124% · Free cash 8% FY2022 · Gross 65% · Net 2% · Free cash -5% FY2023 · Gross 70% · Net -140% · Free cash -51% FY2024 · Gross 65% · Net -17% · Free cash -1% FY2025 · Gross 74% · Net -15% · Free cash 3% FY2026 · Gross 76% · Net 10% · Free cash 8%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $78.2M net cash
  • Cash
  • Long-term debt
$0 $500M FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Cash $214.0M FY2022 · Cash $378.0M FY2023 · Cash $295.7M · Long-term debt $0 FY2024 · Cash $175.1M · Long-term debt $194.1M FY2025 · Cash $266.7M · Long-term debt $195.3M FY2026 · Cash $274.7M · Long-term debt $196.5M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 587.43m +3.9% since FY2021
596.23m 565.51m FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · 565.51m FY2022 · 576.23m FY2023 · 582.16m FY2024 · 589.23m FY2025 · 596.23m FY2026 · 587.43m
  FY2021Feb 28, 2021 FY2022Feb 28, 2022 FY2023Feb 28, 2023 FY2024Feb 29, 2024 FY2025Feb 28, 2025 FY2026Feb 28, 2026
Revenue $893.0M $718.0M $526.3M $759.1M $534.9M $549.1M
Gross margin 72% 65% 70% 65% 74% 76%
Operating income -$1.1B -$2.0M -$206.8M $11.0M $800,000 $48.3M
Net income -$1.1B $12.0M -$734.4M -$130.2M -$79.0M $53.2M
Net margin -124% 2% -140% -17% -15% 10%
Earnings per share -$1.97 $0.02 -$1.15 -$0.22 -$0.13 $0.09
Free cash flow $74.0M -$36.0M -$269.5M -$10.6M $13.4M $46.5M
Free cash margin 8% -5% -51% -1% 3% 8%
Cash $214.0M $378.0M $295.7M $175.1M $266.7M $274.7M
Long-term debt — — $0 $194.1M $195.3M $196.5M
Shareholders' equity $1.5B $1.6B $856.8M $775.1M $719.9M $746.0M
Shares outstanding 565.51m 576.23m 582.16m 589.23m 596.23m 587.43m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Sep 24, 2026 Quarterly ↗ Aug 31, 2026 24d
Jun 25, 2026 Quarterly ↗ May 31, 2026 25d
Apr 9, 2026 Annual ↗ Feb 28, 2026 40d
Dec 19, 2025 Quarterly ↗ Nov 30, 2025 19d
Sep 25, 2025 Quarterly ↗ Aug 31, 2025 25d
Jun 25, 2025 Quarterly ↗ May 31, 2025 25d
Apr 2, 2025 Annual ↗ Feb 28, 2025 33d
Dec 20, 2024 Quarterly ↗ Nov 30, 2024 20d
Sep 27, 2024 Quarterly ↗ Aug 31, 2024 27d
Jun 27, 2024 Quarterly ↗ May 31, 2024 27d
Apr 4, 2024 Annual ↗ Feb 29, 2024 35d
Dec 21, 2023 Quarterly ↗ Nov 30, 2023 21d

Current reports