BlackBerry Q2 2025 Earnings: $145M Revenue Beats Estimates, Breakeven on Adjusted EPS, Net Loss Improved

BlackBerry Ltd. reported its Q2 2025 earnings, showcasing significant improvements. The company achieved breakeven on adjusted EPS, compared to a loss of $0.04 per share previously. Revenue for the quarter reached $145 million, surpassing the estimated $140 million. BlackBerry's GAAP net loss was $19 million, marking a 55% year-over-year improvement. The company's non-GAAP gross margin stood at 66%. Segment-wise, IoT revenue increased by 12% year-over-year to $55 million, while cybersecurity revenue was reported at $87 million. BlackBerry's cash reserves are currently at $265 million.