BlackBerry (BB) Q1 2027 Earnings: 54% EPS Beat and First Positive Operating Cash Flow in Nine Years
As seen on the 24/7 Wall St. homepage on June 25, 2026.
BlackBerry crushed Q1 expectations with a 54% EPS beat and first positive operating cash flow in nine years, as QNX automotive software surged 26% and Secure Communications grew 24% in tandem. CEO says the foundation of the business is stronger than it has been in years, with full-year revenue guidance of $594M to $621M.
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BlackBerry reported Q1 2027 earnings per share of $0.04, clearing the consensus estimate of $0.026 by roughly 54%. Revenue came in at $152.9 million, beating expectations of $137.9 million by nearly 11%. The quarter also marked the company's first positive operating cash flow in nine years, a milestone the company's own CEO flagged as evidence that the foundation of the business is stronger than it has been in years.
The results were driven by two distinct growth engines. QNX, BlackBerry's automotive software division, posted 26% growth, reflecting continued demand from vehicle manufacturers embedding real-time operating systems into their platforms. Secure Communications grew 24%, rounding out a broad-based beat rather than one driven by a single segment.
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Looking ahead, BlackBerry issued full-year revenue guidance of $594 million to $621 million. The recent EPS history adds context: the company has now beaten or matched estimates in most of the past several quarters, with reported EPS trending from negative territory in Q2 2025 to a consistent string of positive prints through Q1 2027.
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