BlackBerry (BB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

BlackBerry

NYSE•Technology•Software - Infrastructure

$7.99+0.05(0.01%)Market closed

Market Cap

$4.69B

P/E

107.3x

P/S

4.9x

P/B

6.2x

BlackBerry Limited provides intelligent software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice, and video; BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting, and product authentication solutions; BlackBerry Radar offers asset monitoring and telematics solutions for transportation and logistics; and BlackBerry Development Platform, an enterprise-grade toolset. In addition, the company offers enterprise consulting and engineering consulting services. Further, it is involved in patent licensing. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Growth (22/25); weakest: Cash & Earnings Quality (11/25).

Profitability19/25

Growth22/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality11/25

Strengths

Growing revenueRising earningsLow leverageProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 107.3x5y range 107.3x – 329.7x

P/S · 4.9x5y range 1.9x – 8.2x

Currently near its 20-quarter median.

P/B · 6.2x5y range 1.8x – 6.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $4.69B

Metrics at a Glance

as of May 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $947.90M
Q. Revenue: $152.90M
TTM EBITDA: $187.60M
TTM Op. Income: $124.40M
Q. Op. Income: $15.30M
TTM Net Income: $43.70M
Q. Net Income: $8.50M
EPS: N/A
Shares Out.: $586.74M

$947.90M in TTM revenue grew 48.8% YoY, reaching $152.90M last quarter. TTM EBITDA of $187.60M and TTM operating income of $124.40M show growth is flowing through to the bottom line. TTM net income of $43.70M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 78.3%
EBITDA Margin: 12.7%
Op. Margin: 10.0%
Net Margin: 5.6%

Op. margin of 10.0% is up 24.5% YoY — cost efficiency is improving. Net margin at 5.6% and gross margin of 78.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 169% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 107.3x
P/S Ratio: 4.9x
P/B Ratio: 6.2x

At 107.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.9x and P/B of 6.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.24B
Cash: $256.80M
Long-Term Debt: $196.80M
Book Value: $750.70M
D/E Ratio: 0.3
Debt/EBITDA: 10.1

With $1.24B in assets and $196.80M in long-term debt, D/E is 0.3and book value is $750.70M — a conservative capital structure with a cushion to weather downturns. Across the last 4 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $4.60M
TTM Free Cash Flow: $1.30M
FCF Margin: 0.1%
FCF / Net Income: 0.0

TTM FCF of $1.30M on $4.60M in operating cash flow. The FCF / Net Income ratio of 0.0x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.