BlackBerry Limited

The business, in plain English

BlackBerry Limited booked $549M of revenue in FY2026 in the Technology sector and kept 76.2% of it as gross profit — a high-margin business by that measure. After every other cost, 9.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue shrank from $932M (FY2018) to $549M (FY2026) — about −6.4% a year compounded over 8 years.

It earned 6.5% on invested capital in the latest filed year, FY2026. Across the full 9-year measurable filed record, median ROIC was 0.1%. Over the v3 recent window (9 measurable filed years), median ROIC was 0.1%. The Returns on Capital filter above scores it 4/100.

The balance sheet carried $197M of total debt in FY2026 against $67.2M of owner earnings — roughly 2.9 years of owner earnings to retire it all. Balance-Sheet Safety scores it 70/100.

Put together: Pricing Power is the strongest of the five filters (96/100) and Returns on Capital the weakest (4/100), which is how BB lands at 43/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.