BB Q1 2024 Earnings — BlackBerry Limited Revenue & Financial Results | Market Cap Arena

BBBlackBerry Limited

$2B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$373M+122.0% YoY

Gross Profit

$179M48.0% margin

Operating Income

-$11M-2.9% margin

Net Income

-$11M-2.9% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+147.0%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

$89M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$815M

Stockholders' Equity

$859M

Cash & Equivalents

$358M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$373M	$168M	+122.0%
Gross Profit	$179M	$104M	+72.1%
Operating Income	-$11M	-$177M	+93.8%
Net Income	-$11M	-$181M	+93.9%

Revenue Segments

Licensing and Other

$235M63%

Cybersecurity

$93M25%

IoT

$45M12%

Geographic Segments

North America

$317M85%

EMEA

$37M10%

Other Regions

$19M5%