BlackBerry (NYSE: BB) expects lower revenue for fiscal 2026, citing weaker enterprise spending on cybersecurity solutions.
Key Highlights from BlackBerry’s Earnings Forecast
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Revenue Guidance: Projected at $504M–$534M, down from $534.9M in fiscal 2025.
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Cybersecurity Segment: Expected to generate $230M–$240M, declining from $272.6M last year.
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Q4 Revenue: $141.7M, a 7% YoY decline from $152.9M in Q4 2024.
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Stock Impact: Shares fell 4% in premarket trading following the announcement.
BlackBerry’s Strategic Shift
BlackBerry has transitioned from smartphones to enterprise software, cybersecurity, and automotive solutions. However, the softening IT spending environment has impacted demand.
To streamline operations, BlackBerry completed the $160M sale of Cylance, its AI-driven cybersecurity unit, to Arctic Wolf. The move aims to focus resources on high-growth areas, as Cylance required significant investment amid rising competition.
Investor Insights
With cybersecurity revenue expected to shrink, investors may track BlackBerry’s financial health through the Income Statement API for updated earnings and revenue trends.
