Stock Market Live July 2, 2026: S&P 500 (SPY) Flat with New Jobs Data
Q3 26 EPS
$0.05
BEAT +36.24%
Est. $0.04
Q3 26 Revenue
$141.8M
BEAT +3.10%
Est. $137.5M
vs S&P Since Q3 26
+165.4%
BEATING MARKET
BB +174.4% vs S&P +9.1%
Market Reaction
Did BB Beat Earnings? Q3 2026 Results
BlackBerry delivered a cleaner-than-expected fiscal third quarter of 2026, posting non-GAAP basic EPS of $0.05 against a consensus estimate of $0.04, a 36.24% beat, while revenue of $141.80 million edged past the $137.54 million estimate by 3.10%, ev… Read more BlackBerry delivered a cleaner-than-expected fiscal third quarter of 2026, posting non-GAAP basic EPS of $0.05 against a consensus estimate of $0.04, a 36.24% beat, while revenue of $141.80 million edged past the $137.54 million estimate by 3.10%, even as total sales slipped 1.3% year-over-year. The headline driver was QNX, which recorded an all-time revenue high of $68.70 million, up 10% year-over-year, cementing the embedded software unit as BlackBerry's clearest growth engine as it now powers more than 275 million vehicles globally. The quarter also marked the company's third consecutive period of positive GAAP net income at $13.70 million, its strongest GAAP profitability in nearly four years, underscoring how disciplined cost management, a strategy resonating broadly across the technology sector, is reshaping BlackBerry's financial profile. Despite the beat, shares fell sharply as investors viewed the raised full-year revenue guidance of $531–$541 million as incremental rather than transformational, a lukewarm reaction that reflects persistent skepticism about the pace of sustainable top-line growth.
Key Takeaways
- • QNX division achieved all-time record revenue quarter driven by deeper automotive penetration and expansion into adjacent verticals
- • Secure Communications division beat revenue and adjusted EBITDA guidance
- • Ongoing cost discipline contributed to strongest GAAP profitability in nearly 4 years
- • Seventh consecutive quarter of improved GAAP profitability
- • Operating cash flow grew both sequentially and year-over-year to $17.9 million
BB YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
BB Revenue by Segment
With YoY comparisons, source: SEC Filings
“BlackBerry delivered revenue above the top end of the previously-provided guidance range, which, coupled with ongoing cost discipline, helped the company achieve its strongest quarter of GAAP profitability in almost 4 years, along with increased operating cash flow.”
— John J. Giamatteo, Q3 2026 Earnings Press Release
BB Earnings Trends
BB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BB EPS Trend
Earnings per share: estimate vs actual
BB Revenue Trend
Quarterly revenue: estimate vs actual
BB Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.03 | $0.04 | +53.85% | $152.9M | +10.87% |
| Q4 26 BEAT FY | $0.04 | $0.06 | +38.57% | $156.0M | +7.92% |
| FY Full Year | $0.15 | $0.16 | +9.81% | $549.1M | +2.18% |
| Q3 26 BEAT | $0.04 | $0.05 | +36.24% | $141.8M | +3.10% |
| Q2 26 BEAT | $0.01 | $0.04 | +185.71% | $129.6M | +6.20% |
| Q1 26 BEAT | $0.00 | $0.02 | +669.23% | $121.7M | +8.48% |
| Q4 25 BEAT FY | $0.00 | $0.03 | +710.81% | $141.7M | +6.70% |
| FY Full Year | $0.01 | $0.02 | +150.00% | $534.9M | -3.48% |