BlackBerry Emphasizes Physical AI as Revenues Rise

BlackBerry reported Q1 FY2027 revenue of $152.9 million, up 26% year over year, beating estimates, per multiple reports including BNN Bloomberg and Yahoo Finance. QNX segment revenue reached $72.3 million (+26% YoY), with adjusted gross margin of 86%. The Secure Communications segment contributed $73.6 million (+24% YoY). Total company adjusted EBITDA grew 144% to $36.3 million. The company reported positive operating cash flow of $4.6 million, its first positive fiscal Q1 in nine years. CEO John Giamatteo told investors, "We're particularly excited about the long-term opportunity in physical AI," citing QNX as "deterministic and safety certified." BlackBerry raised full-year revenue guidance to $594 million to $621 million and adjusted EPS guidance to 16 to 20 cents, per company disclosures.