BB Q1 2023 Earnings — BlackBerry Limited Revenue & Financial Results | Market Cap Arena

BBBlackBerry Limited

$2B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$168M-3.4% YoY

Gross Profit

$104M61.9% margin

Operating Income

-$177M-105.4% margin

Net Income

-$181M-107.7% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-9.2%

Cash Flow

Operating Cash Flow

-$42M

Free Cash Flow

-$51M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$391M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$174M	-3.4%
Gross Profit	$104M	$114M	-8.8%
Operating Income	-$177M	-$58M	-205.2%
Net Income	-$181M	-$62M	-191.9%

Revenue Segments

Cybersecurity

$113M67%

IoT

$51M30%

Licensing and Other

$4M2%

Geographic Segments

North America

$89M53%

EMEA

$60M36%

Other Regions

$19M11%