BB - BLACKBERRY Ltd

📈 Is growth accelerating? 7 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Revenue Growth YoY (%)	2.7% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-78%)	-29.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-346%)	15.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+31%)	-8.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-172%)	-19.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-263%)	-14.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-218%)	15.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+25%)	-3.0% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-125%)	-28.8% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-340%)	-39.4% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-428%)	-35.2% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-394%)	-51.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-525%)	-38.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-421%)	-39.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-432%)	-7.5% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-162%)	33.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+176%)	—	—
EPS Growth YoY (%)	N/M	40.9% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	82.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	-629.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	-77.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	-475.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	N/M	-65.1% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	46.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	39.3% Excellent Excellent Year-over-year change in net income	82.3% Excellent Excellent Year-over-year change in net income	N/M	N/M	-626.3% Weak Weak Year-over-year change in net income	N/M	-77.0% Weak ↑ Weak Improving Year-over-year change in net income	N/M	-479.8% Weak ↓ Weak Declining Year-over-year change in net income	31.6% Excellent ↑ Excellent Improving Year-over-year change in net income	94.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-809.1% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-65.9% Weak Weak Year-over-year change in net income	38.8% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	246.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	N/M	96.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-639.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	N/M	421.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-83.5% Weak Weak Year-over-year change in free cash flow	-88.1% Weak Weak Year-over-year change in free cash flow	N/M	N/M	-68.9% Weak Weak Year-over-year change in free cash flow	N/M	N/M	-6.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	-30.8% Weak Weak Year-over-year change in free cash flow	54.4% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-5.8% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-9.3% Weak → Weak Stable Compound annual revenue growth over 3 years	-5.3% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-14.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.4% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-1.4% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-7.4% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-25.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-34.6% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-42.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-42.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-43.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-30.1% Weak Weak Compound annual revenue growth over 3 years	-9.5% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-9.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-12.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-3.4% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-6.8% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-11.3% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-16.2% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-20.8% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-33.2% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-39.0% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-41.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-35.9% Weak Weak Compound annual revenue growth over 5 years	-25.9% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	-51.0% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Operating Margin (%) (%)	8.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	0.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	1.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	-110.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-653%)	-0.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-101%)	-124.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-720%)	-14.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-172%)	6.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	30.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+52%)	-90.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-551%)	-10.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-152%)	-12.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-163%)	-105.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-626%)	-11.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-156%)	8.1% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	23.3% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)	21.7% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	—
Effective Tax Rate (%) (%)	9.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	200.0% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	81.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.8% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-20.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	9.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	-14.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-198%)	-17.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-214%)	-111.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-846%)	1.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-89%)	-123.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-924%)	-14.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-197%)	10.3% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	43.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+190%)	-92.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-714%)	-9.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-164%)	-9.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-161%)	-86.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-675%)	-5.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-139%)	6.3% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	17.1% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+14%)	16.4% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	—
FCF Margin (%) (%)	8.5% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-41.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-5.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.3% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	1.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.2% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	73.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	-18.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	10.4% Fair → Fair Stable Free cash flow as a percentage of revenue Optimal: > 10%	21.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	-6.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	17.0% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	10.9% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	14.9% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	13.5% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.87x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-0.17x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.37x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.00x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.07x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.09x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.89x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.70x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.20x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.08x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.39x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.92x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.73x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.87x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.82x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Return on Invested Capital (%)	4.6% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-86.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-73.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	2.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	8.9% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-45.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-5.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-107.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	11.7% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	41.0% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	33.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	3.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-43.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-39.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	7.5% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	-35.8% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-4.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-6.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-94.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-9.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.9% Good Good Operating profit relative to total assets Optimal: > 10%	36.0% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	7.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-61%)	-11.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-159%)	-16.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-191%)	-85.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-563%)	0.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-96%)	-73.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-497%)	-6.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-132%)	3.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-81%)	16.2% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	-58.6% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-417%)	-6.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-135%)	-8.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-148%)	-162.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-976%)	-6.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-137%)	11.5% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-38%)	38.2% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+106%)	32.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+75%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Debt to Equity (x)	0.26x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-41%)	0.27x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	0.25x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-44%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—	—	—	—	0.50x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+11%)	0.45x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—
Interest Coverage (x)	8.05x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	0.13x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	1.96x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-120.83x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-0.33x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-73.80x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-6.48x Weak Weak Operating income divided by interest expense Optimal: > 5x	2.50x Caution Caution Operating income divided by interest expense Optimal: > 5x	—	—	-2.97x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—
Net Debt (USD)	$-78.20M	$-71.40M	$19.00M	$-295.00M	$-378.00M	$-214.00M	$-377.00M	$-548.00M	$-816.00M	$-734.00M	$-957.00M	$474.00M	$48.00M	$-1.55B	$-1.53B	$-1.79B	$-1.55B	$-835.00M
Debt / EBITDA (x)	2.97x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.29x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.79x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	6.30x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.28x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Revenue per Share (USD)	$0.93	$0.90	$1.30	$1.13	$1.26	$1.59	$1.88	$1.67	$1.75	$2.49	$4.10	$6.32	$12.97	$21.13	$35.15	$37.14	$26.49	—
Basic EPS, GAAP (USD)	$0.09	$-0.13	$-0.22	$-1.27	$0.02	$-1.97	$-0.27	$0.17	$0.76	$-2.30	$-0.40	—	—	$-1.23	$2.22	$6.36	$4.35	—
Free Cash Flow per Share (USD)	$0.08	$0.02	$-0.02	$-0.47	$-0.06	$0.13	$0.03	$0.15	$1.29	$-0.46	$0.43	$1.38	$-0.84	$3.60	$3.84	$5.54	$3.59	—
Book Value per Share (USD)	$1.27	$1.21	$1.32	$1.47	$2.70	$2.66	$4.56	$4.82	$4.67	$3.88	$6.10	$6.49	$6.88	$18.05	$19.27	$17.06	$13.47	—
Tangible Book Value per Share (USD)	$0.45	$0.42	$0.51	$0.45	$1.24	$1.16	$1.97	$2.14	$3.61	$2.82	$4.92	$6.34	$6.88	$18.05	$18.69	$16.09	$13.47	—
Basic Weighted Avg Shares (shares)	592.25M	591.47M	584.54M	578.65M	570.61M	561.30M	553.86M	540.48M	532.89M	525.26M	526.30M	527.68M	525.17M	524.16M	524.10M	535.99M	564.49M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Working Capital (USD)	$300.10M	$247.20M	$150.60M	$14.00M	$646.00M	$577.00M	$75.00M	$723.00M	$2.13B	$1.10B	$1.97B	$2.80B	$2.58B	$3.98B	$3.68B	$3.86B	—	—
LT Debt (USD)	$196.50M	$195.30M	$194.10M	$0.00	—	—	—	—	—	—	—	$1.71B	$1.63B	$0.00	—	—	—	—
Total Equity (USD)	$746.00M	$719.90M	$775.10M	$857.00M	$1.56B	$1.50B	$2.53B	$2.64B	$2.50B	$2.06B	$3.21B	$3.43B	$3.62B	$9.46B	$10.10B	$8.94B	$7.60B	$5.88B

📋 What is driving earnings? 4 metrics

Metric	FY 2026 Feb 28, 2026 10-K ↗	FY 2025 Feb 28, 2025 10-K ↗	FY 2024 Feb 29, 2024 10-K ↗	FY 2023 Feb 28, 2023 10-K ↗	FY 2022 Feb 28, 2022 10-K ↗	FY 2021 Feb 28, 2021 10-K ↗	FY 2020 Feb 29, 2020 10-K ↗	FY 2019 Feb 28, 2019 10-K ↗	FY 2018 Feb 28, 2018 40-F ↗	FY 2017 Feb 28, 2017 40-F ↗	FY 2016 Feb 29, 2016 40-F ↗	FY 2015 Feb 28, 2015 40-F ↗	FY 2014 Mar 1, 2014 40-F ↗	FY 2013 Mar 2, 2013 40-F ↗	FY 2012 Mar 3, 2012 40-F ↗	FY 2011 Feb 26, 2011 40-F ↗	FY 2010 Feb 27, 2010 40-F ↗	FY 2009 Feb 28, 2009 40-F ↗
Sales/Revenue/Turnover (USD)	$549.10M	$534.90M	$759.10M	$656.00M	$718.00M	$893.00M	$1.04B	$904.00M	$932.00M	$1.31B	$2.16B	$3.33B	$6.81B	$11.07B	$18.42B	$19.91B	$14.95B	—
Depreciation Expense (USD)	$17.80M	$44.70M	$58.50M	$105.00M	$176.00M	$198.00M	$212.00M	$149.00M	$177.00M	$239.00M	$616.00M	$694.00M	$1.27B	$1.92B	$1.52B	$927.00M	$616.00M	—
Net Income, GAAP (USD)	$53.20M	$-79.00M	$-130.20M	$-734.00M	$12.00M	$-1.10B	$-152.00M	$93.00M	$405.00M	$-1.21B	$-208.00M	$-304.00M	$-5.87B	$-646.00M	$1.16B	$3.41B	$2.46B	—
Operating Cash Flow (USD)	$50.30M	$16.50M	$-3.50M	$-263.00M	$-28.00M	$82.00M	$26.00M	$100.00M	$704.00M	$-224.00M	$257.00M	$813.00M	$-159.00M	$2.30B	$2.91B	$4.01B	$3.04B	—

BLACKBERRY Ltd

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