BB Q2 2024 Earnings — BlackBerry Limited Revenue & Financial Results | Market Cap Arena

BBBlackBerry Limited

$2B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$132M-21.4% YoY

Gross Profit

$85M64.4% margin

Operating Income

-$47M-35.6% margin

Net Income

-$42M-31.8% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-64.6%

Cash Flow

Operating Cash Flow

-$56M

Free Cash Flow

-$59M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$784M

Stockholders' Equity

$829M

Cash & Equivalents

$415M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$168M	-21.4%
Gross Profit	$85M	$106M	-19.8%
Operating Income	-$47M	-$47M	+0.0%
Net Income	-$42M	-$54M	+22.2%

Revenue Segments

Cybersecurity

$79M60%

IoT

$49M37%

Licensing and Other

$4M3%

Geographic Segments

North America

$72M55%

EMEA

$39M30%

Other Regions

$21M16%