“Research and development expenses increased by $7.6 million, or 29.7%, in the second quarter of fiscal 2027 compared to the second quarter of fiscal 2026 primarily due to the absence of $3.8 million of SIF claim benefits recognized in the prior-year period, a…”10-Q · Sep 24, 2026 ↗
BlackBerry Limited
BB
Market read
No connected market move is active around BlackBerry Limited.
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- Research and development spending increased as prior-year benefits disappeared and salaries and incentive costs rose.
Invalidation: The isolated read changes if BB's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Research and development spending increased as prior-year benefits disappeared and salaries and incentive costs rose.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating margin changed +8.6 percentage points in the latest annual period.
- Net margin changed +24.5 percentage points in the latest annual period.
- Product pipeline and R&D has repeated favorable evidence across 6 filings.
- Restructuring and cost reductions has repeated adverse evidence across 6 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 30, 2026
9.04Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The decrease in investment income, net is primarily due to a decrease in interest income on significant financing components within certain revenue contracts with customers, an impairment on non-marketable equity investments without readily determinable fair…”10-Q · Sep 24, 2026 ↗
“The Company now expects QNX revenue to be in the range of $315 million to $325 million in fiscal 2027 as a whole, due to a strong first-half performance, including stronger than expected royalty revenue, as well as continued momentum across the business, supp…”10-Q · Sep 24, 2026 ↗
“The increase was primarily due to a change in mix, specifically a higher relative gross margin contribution from QNX and Licensing, partially offset by a lower gross margin contribution from BlackBerry AtHoc.”10-Q · Sep 24, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 16:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
NVDANVIDIA CorporationpartnerSep 25, 2025 ▾
“Customers and Partners: • QNX and NVIDIA announced general availability of NVIDIA DRIVE AGX Thor development kit, integrated with QNX OS for Safety 8 to enable developers to accelerate development of next-generation autonomous drive systems; and • BlackBerry,…”
TKMSFFiling-linked namepartnerJun 25, 2026 ▾
“Recent Developments The Company has continued to execute on its strategy in fiscal 2027 and announced the following significant achievements during the most recent quarter: • The integration of QNX® OS for Safety 8.0 with NVIDIA IGX Thor and the NVIDIA Halos…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BB is currently a Leader in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for BB; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.