BlackBerry raises full-year revenue forecast following strong QNX performance
According to CNA Business, BlackBerry raised its full-year 2027 revenue forecast after its QNX software division posted a record quarterly revenue, with QNX revenue up 27% to $80.3 million in the quarter ended August 31. The company now expects 2027 revenue of $616 million to $636 million, up from $594 million to $621 million, and reported Q2 revenue of $163.3 million, beating estimates of $145.6 million; Coretura, a Volvo Group–Daimler Truck joint venture, selected QNX for its next-generation commercial vehicles, potentially adding more than $100 million to QNX's royalty backlog.
Key facts
- 01QNX revenue rose 27% to $80.3 million in the quarter ended August 31.
- 02BlackBerry raised full-year 2027 revenue guidance to $616-636 million.
- 03Second-quarter revenue was $163.3 million, above the $145.6 million expected by analysts.
- 04Coretura, a Volvo Group and Daimler Truck joint venture, selected QNX for next-generation commercial vehicles, potentially adding more than $100 million to QNX's royalty backlog.
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