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BlackBerry’s QNX Empire Expands — Robotaxis, Physical AI & Robotics Take Center Stage!

BlackBerry reported a strong second quarter for fiscal year 2027, demonstrating notable financial and strategic progress. The company’s total revenue increased 26% year-over-year to $163 million, surpassing guidance expectations. Adjusted EBITDA nearly doubled to $47 million, reflecting 29% of revenue, and adjusted net income reached $43 million, supported by an adjusted EPS of $0.07, exceeding anticipations. The quarter marked BlackBerry’s sixth consecutive quarter of positive GAAP net income, alongside significant operating cash flow of $29 million, contributing to a strengthened balance sheet with net cash of approximately $247 million. A key driver of performance was BlackBerry’s QNX segment, which achieved record quarterly revenue of $80 million, a 27% increase year-over-year, and a high adjusted gross margin of 87%. Growth was broad-based across development licenses, professional services, and royalties, with royalty revenue benefiting from design wins entering production.